J Long Group Ltd (JL) News

$JL in since 1,79 let's see where the shorts will cover!

The way the clearing system works, if there exists a naked short position, the short seller in the uncovered short still owes the dividend to the end buyer – so the actual dividends paid on certain securities can exceed the amount the public company pays

Premarket volume 2.5X average daily volume. Already, volume before price.

Grabbed a few more this morning. Divi should drive this back up pretty quick!

What will you do short? Will you hold on ex-dividend day this friday and pay Tuesday 0.19 dividend a share?

Looking for information on the company. Picked up a starter.

SHORTS DON'T FORGET TO COVER LOL

Friend's conversation with dumb shorts:
Friend: what are you doing today and tomorrow?
Stupid short: I'm shorting JL. Friend: I don't think it's smart to do that!
Stupid shorts: why not? His best friend:Short sellers aren't entitled to dividend payments from the shares they've borrowed. In fact, the value of any dividends paid will be deducted from short-seller's account on the pay date and delivered to the stock's owner.

Shorts while you were asleep I posted the following on X, iHub, and on as many sites as possible! You won't forget a girl from the Netherlands. I hate shorts and what you do to the common people! Wherever dividends are paid or every share you have listed, I will come after you and make sure you pay!!!

Short sellers aren't entitled to dividend payments from the shares they've borrowed. In fact, the value of any dividends paid will be deducted from short-seller's account on the pay date and delivered to the stock's owner.

Short sellers aren't entitled to dividend payments from the shares they've borrowed. In fact, the value of any dividends paid will be deducted from short-seller's account on the pay date and delivered to the stock's owner.

Pop!

Shorts shut up, just pay 150% and 0.19 dividend

How about some similar math, to predict how much the share price would drop, on the day of payout of such a dividend........

Lol

31.500.000 shares ÷ 6.000.000 dividend =0.19 dividend a share!!!

special dividend of an aggregate of US$6,000,000.00 out of the distributable funds of the Company, to be paid to all holders of record as of March 11, 2024, of its outstanding shares of common stock. The special dividend will be payable on March 12, 2024.

Oh well. Thanks anyway. News everywhere for JL shows that they declared a dividend......Can't find any further info. Thanks again.

No clue

Do any of you here know anything about the dividend they mention, payable on march 12th.........All they say is, there's 6 million dollars to distribute........I've never had to try and calculate a dividend amount, based on how many shares are "held"......Makes no sense.......Any help appreciated.

So if you had 27,000 that’s a car now you have 1,000 for a bicycle

Crazy

Wow what a sinking ship

$27 to a buck 50 in one session

Not a big deal LOL

Wow bag holders in the making

IFBD 2.0 - scary stuff

Halted

The big un-known!
On watch for the flip

Early Barchart 100
https://www.barchart.com/stocks/performance/percent-change/advances?orderBy=percentChange&orderDir=desc