Replies to post #80 on Dave's Dividends Payers

[leftovers]

interesting but the stock just ran up over a dollar in the last three days.

What's your thoughts buy and sell into the run up or collect the dividend?

I think collecting might run into too much risk.

[leftovers]

OK I got the picture now you have to be a holder of record as of October 5th to be entitled to the dividend which leaves today and Monday to buy, but if you buy between record date and X date you are buying the stock with a DUE bill attached so the seller would have to pay the buyer the dividend. Just like a stock split with attached Due bill.

This explains the current rapid run up. Since I had such a great month I am rolling the dice just went in for 1000 shares so it will be interesting to see what the stock does between now and Xdate?

I don't think it will run up another dollar so I will be looking to unload with the run up most likely. Don't have much experience with such a special div so will be watching it close. It is only three weeks to pay day so will be a fun ride one way or the other!