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Rock_nj

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Rock_nj

Re: Lone Wolf post# 988

Saturday, 02/11/2017 10:06:04 AM

Saturday, February 11, 2017 10:06:04 AM

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When a company does a cash distribution via a dividend, the share price is adjusted by the amount of the dividend to reflect the company's new value minus the cash. Happens all the time. This one was just a huge dividend and a huge price. Room to rally more towards prior levels.
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