God I love days like this
$ZIM Integrated Shipping(ZIM.US$ picked up another 3000 shares today, got a love the sale
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plucky Dolphin_2368 : Might sound kinda dumb im new to trading, but shouldn't we be unhappy if the stocks going down? Or is this one bound to jump back up?
MooMamaLlama plucky Dolphin_2368 : DEFINITELY going back up. before last dividend date it went from 23 to 51+ per share!!
MooMamaLlama : I took a small loss on one zim option so I could buy back in at -8% .... goddamn good decision..lowered my average by 1.03
MooMamaLlama : this is the result of big institutions selling to kick start a sell off by everyone.... then they buy back in at 22,23. fkrs
MooMamaLlama : to get the massive dividends of course... the lower the average, the more shares for the same amount. they're sharks trying to scare off retail investors![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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intuitive Jackal_354 OP MooMamaLlama : exactly
intuitive Jackal_354 OP MooMamaLlama : exactly
plucky Dolphin_2368 MooMamaLlama : Thats comforting to hear, do you know when the dividend date is?
intuitive Jackal_354 OP plucky Dolphin_2368 : I'm buying on the dips, I picked up my first 10k shares for 22.50
intuitive Jackal_354 OP MooMamaLlama : your exactly right, I don't short stocks I think it's wrong. I'm only loading up on zim for the dividend. but of course I may hold some shares for future dividends like in March
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