News Focus
News Focus
icon url

frankie_fillet

04/17/15 12:18 PM

#12754 RE: Seminole Red #12753

oh yeah. I cannot tell you how many times I buy these things and then they collapse because someone farted in kazkockestan or some such thing.

I think I should just short all my buys...

icon url

Asher78

04/18/15 7:30 AM

#12757 RE: Seminole Red #12753

well, the dow is having a bad day, just be careful after ya get the divvy.....they tend to drop a little after the payout


It will always drop after the divy payout, this explains it:

When a company pays out a dividend, it is using cash generated from its operations. Since the cash generated by the business goes to an outside source (shareholders) not pertaining to the business, it decreases the value of the business and thus eventually lowers the price of the security by the dividend amount. The share price declines by the dividend amount that day (...)