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Old 12-23-2011, 08:02 AM   #6318
4444
I contribute to threads in the offtopic forum
 
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Quote:
Originally Posted by SiRV View Post
^no ONE leading the pack...
I bought CUU at multiple different price points, brought my ENTIRE portfolio up over 50% at one point in time and didn't leave in time only to leave at a small loss from what I originally started at...

Btw, does anyone here buy stocks just for the dividend payout, only to sell a day later? are there any implications of doing this?
with high yielders with lower market cap, you'll see an almost equivalent fall off the day after the dividend - the dividend really is a payment for owning teh stock for the entire dividend period, so this plan doesn't really work (if it did, it'd make those stocks spikey as hell)
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