oohh glad I nabbed at 10 &11!
still deciding (watching movement) whether to hold til Sept 9 for this huge 5buck div. As with Zim that also had massive divs, this could be the breath of life it needed to fly to 50, or the kiss of death in coming months. Either way I'm already a happy camper, we hit 18 tonight. Cant say yet if ill stay for short term swing or long term hold. I'd like to see what happens, so much retail investor interest right now I feel its going to be a little volatile.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
amiable Hedgehog_758 : it will go up but sell it in sep 6 becouse sep 7 its sat and sep 8 its sun sept 9 its mon so on the 9 it will drop
B_jammin amiable Hedgehog_758 : If you sell sep 6th you won't receive the dividend... have to be holding eod on the 9th.
amiable Hedgehog_758 B_jammin : You right but on the 9th it will drop so fast and you can lose now it’s going up I bout it at 10$ now it’s 17 o made more the 5$ dividend why to tack chance that the stock will go so mach down and I have to wait for 5$
B_jammin : That makes sense. It is an interesting tactic to me as a co pany to offer 5 per dividend for common stock! I'm not sure what the end game is, but it is certainly one way to get your company noticed ha. GL
MooMamaLlama OP amiable Hedgehog_758 : that is my strategy atm... Zim taught me valuable lessons over last few yrs... Huge divs aren't always the end goal, sometimes it pays off to jump ship early, take a 10 buck rise over a 5buck div that will come off the price ex-date anyway...
but...there's always a but... sometimes it means a fast cash injection is all that's needed to get a company out of trouble and on a proper uptrend. time will tell