RE:RE:ShortsThe share price has the dividend deducted from it before markets open on the ex-div date. Buying with-div and then selling ex-div is neutral and makes no money. In fact, it loses money because you give up time value between ex-div and payout dates.
.
Exgeac wrote: Please if you can clarify the game; The short sellers are selling, so they do not have to pay the Dividend driving the price down and at the same time buying it back to earn the Dividend. They only need to hold the stock until the end of day to earn the Dividend . Tomorrow they can sell and short the stock again driving the price down .. if anyone can help me out , what is it that I am missing... .. much appreciated.