Post by
scienceguy36 on Jun 29, 2022 3:56pm
CJ will do well
We just received a 7.7% dividend so in a perfect investment world on the ex-dividend day we should be down 7.7%. This is not an all things being equal day, as Oil prices are down (as are all commodities), stock exchanges except for DJIA are all down. End of the month and end of the quarter is coming for investment houses to consolidate and report their quarterly earnings to investors.
I expect investment firms will either jump back in thursday before long weekend or after the long weekend.
Don't sweat the dip as it was expected. IMHO
Comment by
Pottsy on Jun 29, 2022 4:38pm
Scienceguy, I agree well said, also we have to expect a lot of volatility, which can be a trading opportunity for the stout hearted.
Comment by
senzzzzz on Jun 29, 2022 4:55pm
That is not correct 7.7% is the annual not monthly yield. 5 of the 49 cents today that we were down accounted for the monthly payout