OTCPK:JENGQ - Post by User
Comment by
YellowBrickRoadon Mar 14, 2019 2:32pm
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Post# 29486884
RE:RE:RE:RE:RE:nice runup as we approach ex dividend day
RE:RE:RE:RE:RE:nice runup as we approach ex dividend dayronster65 wrote: Granted but one could keep the multiple and also get the dividend. The volume does not support the hypothesis that some are selling just to get the multiple. Even if I sell at a .10 loss on Monday, the dividend gain is greater. Stock price would have to simply plummet and that does not seem to be the case. JMHO.
In this case after buying below $4.75 it was more profitable to sell close to $5 on ex-div day than wait and take the div. The option is now open to buy back in $0.25 lower or redeploy elsewhere.