RE:RE:RE:I'd feel better if this was over $40Not to make this personal but how long have you been investing? The ex-dividend date is a tumultuous time for any share price. Lots of volitility.
I've seen many times that the s/p doesn't drop after ex-dividend date but instead goes up. It all comes back to what is the pressure on the stock? Since BCE is so oversold, it may just keep going up.
Who knows what the algorithms have in store for us?
Best bet - buy low, buy now!! See what happens!!
nedstar71 wrote: newcoin wrote: BCE will be over $40 by ex-dividend date of December 16 (you must buy by December 13) $1.00 dividend.
BCE has likely bottomed, unless the whole market crashes. Friday was an ugly day for the markets and a perfect day for the shorters to drive the s/p down. I think it's done. Definitely oversold.
Don't let the algorithms steal your dividend.
justmymoney wrote: Maybe next week
You keep obsessing about the dollar dividend a with a record date of month away. The stock usually swings 50 cents daily minimum. Nobody is buying this to lock in one dividend that will of course drop by that amount ex-div date, or if they are they aren't too bright. Anyone who bought 2 weeks ago based on the dividend payment you keep touting is down $7 a share as of Friday.
If you like the stock and think it's undervalued and doing good stuff it's one thing, but buying to kind of sort of maybe lock in a measly dollar is a fool's game.