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If plug has more positive news in this coming month watch this stock go. They need to close some big orders and its is very possible this first quarter.
I'm on another stock play today "PLUG" it was a pincher about 1-2 weeks ago coming out with some good ADX reads, today is the first level big gain. I'm watching it for a peak exit point or I would devote some more time to Motorola. You should of been able to trade both motorola tickers today freely. The cash div is just going to be fractional share amount.
Done deal - cash in the bank. Sold MSI -$37.80 right away when it dropped from 38 early today.
Looking at a weekly chart with using the PPO and ADX this stock as a better chance of moving up if anything. Its definitely at a point of going one way or another. ADX slightly moving back in to the picture. If +di moves above -di watch for the rocket. Other way bombs away!
Well I sold out! payed off doing the trades the way I did from the record date, a very clean 10% on the take. The value hit my target of $9.45 so I cashed I'm not saying it won't go higher, it should IMO, but keeping my motions in check I had to do it. I will be back after DD and charts still money to be made with motorola this year.
I'm giving a couple of days of DD before I make any moves just yet with motorola. I have a few other stocks to worry about that are making for good trades right now that I have to keep on top of.
cheers
Well I have the new stocks today.
The record date meant nothing like I thought. I think it was just the confusion of reporters and news media treating it like it was a normal record date (Dec 21st) and dividend pay-out, when it was not. I'm surprised that many pro brokers did not even understand. I'm guessing there would of been much more activity yesterday if everyone understood. People thinking that if they bought MOT for the first time just yesterday they would loose out on the split and dividend. The record date was just a formality that had to be done because of rules. All it accomplished is stating that the mmi shares were delivered but not executed and belong to the owner of the shares at the end of close Jan 3rd. It was almost impossible to chart Mot at the end, and be half way correct the correlation of MMI and MSI charts with MOT. Well new charts new DD starting all over.
Redfisher thanks for the info,
If I only get half the up with those projections I will be more than happy.
So Trintyz1 your saying the board name will change?
Bottom??? Have some numbers!
Lets go dang it! Hammer,
Wish I had more powder.
$9.15 looks ok for a 1/4 buy. Need 9.19 again for a real good boost problem is needs some volume.
Put some numbers at 9.16 to 9.19 then here we go.
stalemate not good.
RSI slid even though PPO ADX looks very good. Not enough numbers. Next surge I hope.
Pinch 9.19 Looking good so far in the pullback.
Possible entry pt looks goood. Need 22 for continued up!
Really Really need $9.25 solid
I know.. I know.. I know..
I can't make a crazy freaking call like my last one. Until $9.21 is broken we won't know and levels can't be speculated but on the other hand it will happen sooner than later.
correction on my best guess.
I will put a value today at $9.32 this should be a good solid to reach.
Anything could happen. I think support and resistant levels should be raised today support
at $9.02 pivot at $9.21 resistance at $9.33. Off the top of my head with special consideration.
:)
I will put this out there.
Today Mot very good chance of hitting $9.43 its definitely possible. Trend and momentum traders taking notice. Traps should be minimal, small gaps should be overrun IMO. Friday included six HS breakouts solidly positive, with consistent deviations. Its like flipping a slightly heads weighted coin.
9.19 early trading,
Up and Up. I have to really crunch some numbers today. It would be just a guess right now.
I did not want to see this happen like this but if the volume comes watch out. Then we may see a real possibility of a pullback but it might take quite some time, this could run for a while. With small pullbacks I could see this run for a month or longer. I'm not sure I would short on this one. Motorola's is positioned itself well for beginning 2011.
I will almost agree it could happen, its a real possibility, but the markets are looking better than they ever have in the past lately.
Its a very good possibility of a short opportunity but who holds the money?. The question is that with its cash on hand you will have MMI in a new very positive looking position, cash heavy, and starting out even. MSI pretty much the same as before the split but with a new direction a fairly solid base. MSI is as good as any business by todays standard, looking to spread their network in the public /consumer markets. There is no doubt that MMI has supported the MSI part of the business in the past but lately the MSI's part of the business has a real chance in the future of making money especially with our nations home security being brought to the front and the security of business communications being so important. So I think the answer is weather or not you believe the country is heading in a positive direction or a negative direction. Where I live, things are just starting to look to the positive with new business buying back in, even though its more service related. Communications is going to be one of the most important factors to the service industry for years to come. Manufacturing jobs are gone, I don't think they will be coming back anytime soon, just look at how many products are made here in the USA anymore. I think you may have the safe answer just wait and see what happens first. I don't have much time myself and I have learned that no risk no gain but follow what I strongly believe.
There will be pull backs but i just don't see big ones soon IMO. We will have to watch international markets closely to see trading trends that will effect US markets these seem to have more effects than anything anymore.
Yes nice close, it seems there is more behind the scenes going on. Ichan is not the only big player to jump on the train it looks like some powerful big gurus are buying and holding. I read through the list of names and was very impressed but its a scary scenario. If just a couple pull the plug early a major pullback will come, even though thats ok if you catch it when it happens. The tops off the can on this one. I expect this to run a little crazy Mon but the gurus are not rich from being stupid. Its a coin toss, and I will watch the technical charts like crazy Monday. No risk no gain but greed and emotions need to be set aside for this one. The risk is less in long term IMO in this stock and the gain can be very good. I'm looking for a possible up to $9.20 plus pre split. IMO a large number of investors sitting on the sidelines waiting to make a trend trade if it looks good. I hope so because his will be the equivalent of a $11 value easy.
Doubled down on my position,
Jedm was pinched and now nowhere to go but up looks like, I'm guessing, IMO a small push above .015 to possibly .017. Just dreaming here. ADX and PPO look good to me so I went for it.
this could run.
IMO 10-20 pts
Fingers crossed,
There is no way to really chart this right now. IMO I do still see a positive bump coming if MOT can hit a solid 9.00 today.
Somethings up today ADX still on the way down but on the positive side +di and -di converged showing a possible entry point. A little risk...PPO looks like we should see a little more down before
hitting the bottom. But all in all no pinch and still no bottom just a chance for a decent temp up swing.
Anyone have an idea how this works
Checking today MMI and MSI added together are a total value greater than what MOT
value is trading at. Will MOT holders on Jan 4th just make a profit if the MMI and MSI shares are still greater? The MMI and MSI shares are trading today but have not been cashed out yet, and will not till the 4th. So people are holding shares but not actual funds it seems this is going to be one crazy Jan 4th. Will there be an adjustment?
CONFIRMED
It is exactly what I thought!
Talked again with Motorola today. 3 minutes ago.
Motorola said they are updating/updated the FAQ sheet to clarify the confusion.
Buy MOT and hold through the split and you will be entitled to MMI shares!
EX-Date Jan 4th Hope this helps
The ex-date is Jan 4th on MOT stock set by SEC and Nasdaq. Anyone trading shares prior to this date is also selling their due bills and is giving up the right to the dividend. Unlike other dividends which belong to the seller after the ex-date and day of record but BEFORE the payed dividend. If the stock is traded as normal the due bill will need to be attached to show that the stock is being sold without dividends (ex-dividend)and the buyer of such stock will receive none, the dividend belongs to the seller. The ex-date (x-date) for MOT is set for Jan 4th the day after the dividend (shares/split). Anyone selling their Mot stock prior to the ex-date is also selling the extra 1/8 share right to MMI. This is why everyone is being told if you sell your shares you forfeit your right to the dividend and if you want a dividend you need to own the stock Jan 3rd.
THE MOT stock traded today is NOT "ex-dividend" it is "DIVIDEND"!
In the context of corporate actions (such as dividends, issuance of rights and warrants, splits, etc.), the period during which remittances to investors are due - once stockholders of record are checked on the record date.
Investopedia explains Due Bill Period
For example, suppose that a stock is going to issue a regular quarterly dividend. The record date is the date at which the list of stockholders of record is prepared - anyone who is on record as owning the stock as of that date will receive the dividend ( NOT TRUE IN THIS CASE). The ex-date, which (USUALLY) occurs two days earlier, is the date at which the shares trade on the open market without the right to the dividend (i.e. the time at which a buyer cannot settle his purchase in time to be a holder of record for the dividend).
The period beginning at the record date and usually ending two days later (four days after the earlier ex-date) is when the identities of the holders of record are known and payment is due to them - this is the due bill period.
All is cool does not really matter.
I don't want to argue at all.
Have a Great New Years!
Cheers!
Read this part!
I know the part that you posted and yes it was true for the distribution you are correct.
Now read what I wanted you to read. Same Doc
Here it is...
Trading of Motorola Common Stock
Shares of Motorola common stock will continue to trade "regular way" on the NYSE through the period leading up to the distribution date of Jan. 4, 2011. Any holders of shares of Motorola common stock who sell Motorola shares "regular way" on or before the close of business on Jan. 3, 2011, also will be selling their right to receive shares of Motorola Mobility common stock in the distribution. Motorola Mobility common stock is expected to begin trading on a "when-issued" basis on the NYSE under the ticker symbol "MMI WI" (when-issued) on Dec. 17, 2010. On Jan. 4, 2011, Motorola Mobility will begin trading "regular way" under the symbol "MMI" and Motorola Solutions will begin trading under the symbol "MSI." Investors are encouraged to consult with their financial advisers regarding the specific implications of buying or selling Motorola common stock on or before the distribution date.
I'm not sure.
IMO I think people will be pleasantly surprised what Motorola will accomplish by mid term next year in the smart phone market. The splitting of the company will be a big time cash adrenaline shot in the butt. Overseas the phones are kicking and they flew off the shelves, here also. That said the apple iphone to be Verizon, and competitor counterparts will be a ferocious market play. The only thing left is service and market share thats what it boils down to. The phones are really free have no profit, the service. apps, and media play is what wins the prize IMO. Motorola has made some very strategic acquisitions lately and my hats off to them their head is out of the sand. But fare warning it will be a tough road. I think steady growth for the next year, not kick butt growth but good numbers. My play is in green and thats my primary investment so far its been paying off. I won't discount MMI or MSI they both have room for growth.
I know its hard to understand, I expect a lot of rumbling on this split.
The way this was done Motorola had very little to say on how and when X-Day, Rules are Rules.
I'm guessing we will here about it on the News
Read This... Official Doc Motorola
This proves it without any doubt.
http://investor.motorola.com/releasedetail.cfm?ReleaseID=533867
-READ under "Trading of Motorola Common Stock"-
JAN 3rd cutoff for mmi shares and split
-Read Under- "Distribution of Motorola Mobility Shares to Motorola Stockholders"
The shares (due bIlls) were distributed to holders close of business day DEC 21st to the existing MOT share holders.
Good Broker you have...
Ask him this. Seeing that MMI and MSI are trading while we speak how would Motorola
and nyse be able to offer MOT (Peter and Paul one of the same)? You see its quite simple the combination of MMI and MSI
must nearly equal the MOT stock being traded on the x-day. Because MOT is a combination of both new tickers otherwise MOT could no longer be traded. Tell your Broker or Brokers to look at SEC rules on
payed dividends higher than 25% stock value. The rules are different. Also try placing an order for MOT you will notice that a Note should pop up saying Due bills attached, you don't really need to actually place the order to confirm this. The Dec 21st date really meant nothing other than the spinoff shares/dividends were distributed. Unlike an normal dividend in which the owner of the stock will receive the cash dividend after the day of record even if they sell the stock a day after.
The actual day to take this advantage is Jan 3rd X-Day Jan 4.
I have thought of just selling MOT for investing in MMI and MSI right now before the spinoff. Its a chance to take. One way better than another not sure we will see. Right now it looks like MOT is the better buy IMO.
Just bought a boatload!
After getting all the info I'm confident. here is the question answered on 99wallstreet.
After looking at the charts I'm thinking the best way to go. Combined today is way on the plus side and my feelings are as people find out about the confusion this stock is banging high.
link
http://www.99wallstreet.com/v2/messageboard.php?source=yahoo&tickersymbol=MOT
I think your confused...
No double dipping! I Wish LOL! I wont get twice the shares / dividends. When I sold MOT or anyone sells their MOT stock they are also selling the spinoff shares (due bills) with them also like I did. The due bills are attached to the shares. I will only get the 1 to 8 on the shares on one I own on the X-Date. In buying MOT shares right now you are also buying the due bills attached. With the shares I sold I also sold my spin off shares (due Bills) so I wont get those at all. All I did is trade shares, bought low sold high bought low no big deal. To be more clear 6000 MOT shares will be 750 MMI and 857 MSI just as before I will not get 1500 shares of MMI.
The Info in question...
I just spent a lengthy conversation with the Dividends legal dept at schwab and the rep from motorola was correct. Different rules apply to this Dividend/split the X-Day is set by nasdaq
and because of the dividend being greater than 25% of the value of the common stock as today the x-day will be the following business day of the actual dividend payout which is the 3rd of Jan. My understanding as told all MOT stock being sold right now comes attached with due bills. In buying back my shares I am also purchasing the due bills also. Normal rules of day of record do not apply. You should ask you Broker for an explanation yourself before making a decision. I had 6000 shares I sold on the 22nd and now I bought them back. I'm running with the idea and knowledge I gathered from motorola and Schwab Dividends legal dept. Don't take my word for it check yourself as I always do.
Cheers Happy New Year!
Info if needed...
Motorola, Inc.
Investor Relations
1303 East Algonquin Road
Schaumburg, Illinois 60196
Tel: (847) 538-7367
Email: investors@motorola.com
Website: www.motorola.com/investor
After the separation, if you have any questions relating to Motorola
Mobility common stock, you should contact:
Motorola Mobility Holdings, Inc.
Investor Relations
600 North US Highway 45
Libertyville, Illinois 60048
Tel: (847) 523-0158
Email: mobilityinvestors@motorola.com
Website: www.motorola.com/investors
Well your wrong one one account. I did talk with the investors dept. and that is what she said to me this is a fact. On the other hand your right you have to have it documented so I also sent an email and am waiting for a reply. Even though I have the conversation recorded with her its nice to have the extra email. Ohio is a one party state so the recording will hold if need be. Yes you can call and talk and ask questions she had told me she had fielded/answered about 145 phone questions by the time I talked with her yesterday. She informed me as on the close of the market on the 21st the distribution would already been made to the broker as so to distribute after the 3rd and as long as the on record shares was recorded that distribution of shares will be delivered according to the amount of shares held on the 3rd, not more but possibly less if less standing shares were being held if some shares were sold.
We will see
I talked with Motorola today.... Well first off... both stocks have been trading MMI-WI and MSI-WI.
Check yahoo finance for tickers MMI-WI (closed today at $28.87) MSI-WI (closed today at $37.72).
I had sold my shares the day after the day of record Dec 21st. at $9.15 and I just bought them back today at $8.96. I was told by motorola that as long as I was on record close of Dec 21 and had the same amount of shares on the day of the spin off I will get my free shares. As I figure I made some extra profit this way. It looks like the new shares of mmi and msi added together at todays prices comes in short, money wise, of what I had on the the mot shares the day after record. Well doing it this way put an extra grand in my pocket. I'm still not sure I will hold the shares now till the spinoff
if for some reason I can turn some more profit on these shares I will.
Yes It seems to be on the positive side of a run. I'm just wondering if the Russians dumping their shares has been also holding Plug down. I was trying to remember who they employed to sell off their shares and am wondering if they have been doing so on a regular basis. I remember they (Russian Utility) had invested some plus $250 million in Plug and earlier this year they had decided to sell the shares off.