Loral Space & Communications fka LORL

[Scotttrader80]

With special divy payers I skip the dividend buying the low from the sell off then ride that back up to past levels often making MORE in appreciation than what the dividend pays. $LORL is down almost $7.00 bucks which already exceeds the dividend.

Buying in FOR the dividend is a mistake, people always pay too much not knowing how to play special divy payers. The exuberance after the divy will drive the sp back to the $24.00 level or better. It may take 2-3 weeks for LORL to reach pre divy levels but its worth it.