Ya, I had the feeling we would pull back after the DividendEx Date. Wasn't sure how much of a pull back, but it looks like we maybe heading all the way back down.
Weeeeeeeee all the way back down.... I go.
Each time I go around and pass go, I collect crazy $$$$$$$ in dividends.
Yes, share price has dropped much more than I collected in dividends so far, this did surpise me that share price continued to drop at such a rate from where I bought, it was a surprise but always knew it was possible. Crazies be Crazies, there's no limit to their Craziness.
As I understand, the Crazies have in the past sent:
- interest rates to near zero and even negative in some countries
- oil prices into negative prices
- natural gas prices into negative prices
- electricity prices into negative prices
- Bitcoin, Doggycoin, whatevercoin prices into the stratosphere.
- negative amortization
- inverted yield curve, GIC's yielding over 5% while bonds around 3.5%
- Printed money like crazy and calling it Quantiative Easing and thinking it wouldn't do anything to inflation.
- the list of CRAZYINESS just keeps going on and on and on
You can't reliably predict/forcast the market because it's just CRAZY.
Going to the Casino is more reliable, easier to understand the risk.
Anyways, all my posts here, trying to understand, trying to apply common sense, trying to understand how the businesses and contracts operate, understand the law......etc..... ALL IS FUTILE....... All you can do hedge your bet with common sense and cross your fingers.
All just my opinion/view/thinking.....hoping Brookfield doesn't pull a fast one on me.
I've been trading for a while, and seen a lot of BS. I've even had company making record profits declare bankruptcy on me (Stelco).