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SDS

Posted on 12/23/08 at 11:11 am
Posted by go ta hell ole miss
Member since Jan 2007
14709 posts
Posted on 12/23/08 at 11:11 am
Can anyone tell me why SDS has dropped over $10 per share today even though the S&P is down?
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26746 posts
Posted on 12/23/08 at 11:53 am to
likely slippage
Posted by coolpapaboze
Parts Unknown
Member since Dec 2006
21900 posts
Posted on 12/23/08 at 1:49 pm to
Capital gains distribution. The ex dividend date is today, it's payable on 12/30. Nice of them to give shareholders a heads up, which they usually do. Not this time. They announced after the close yesterday. Bend over for that nice capital gains tax you just incurred.

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