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Tuesday, 04/24/2012 5:43:04 PM

Tuesday, April 24, 2012 5:43:04 PM

Post# of 13967
This is y many will rush to buy AUMY before COB Friday. Now why would anyone who already has thousands of dollars and is able to make money day trading want to tie their money up in stock for dividend purposes? The reason is that a yearly, bi yearly or quarterly dividend check from the company you hold stock in is attractive, it is a status symbol in the eyes of banks, loan institutions, credit companies, a type of clout just in conversation, but the biggest reason is that if you have enough AUMY stock at such a cheap price, you will have dividend checks large enough to live off of eventually. You might tie up a quarter of a million dollars but, a dividend check is sure money comming in 1 or 2 to 4 times a year! This is money you don't have to spend hours wrestling with market makers to get. Worrying why the good new didn't move the stock and so on. Plus the stock rises in the long run! This is why many will rush to buy AUMY before COB this Friday! What should you do? If you can afford to tie up alot of money for the sure dividend checks, buy and hold the stock otherwise sell into the rally. this info is for the "rest of us" Now go take on the Wall!