Enbridge Inc T.ENB

Fiddy Today ?

[FiddyFiddyOddz]

A brief bump up over fiddy today, followed by a buck or so drop tomorrow on ex-div day ?

[FiddyFiddyOddz]

Like I said yesterday - a brief bump up over fiddy, followed by a buck drop the next day. And here were are at 49.20. Fiddy wrote:"A brief bump up over fiddy today, followed by a buck or so drop tomorrow on ex-div day ?"

[Quintessential1]

Funny,  if you look at the yahoo ticker they also show a $49.33 enb stock price but only peg the share price loss at .15 cents per share or so. The other .835 cents per share has already been removed from the share price and allocated to our next quarterly dividend payment. This must happen in order for us to get paid. Go Enbridge! ;-) 

[Chad123]

No offence Fiddy but that was an easy prediction.  Cheers!

[schoolinmoe42]

This post has been removed in accordance with Community Policy

[FiddyFiddyOddz]

It's becoming more and more apparent as each quarter passes, that you're better off DUMPING your shares the day before ex-div, and buying them back the next day.  Doing so this time woulda put you around a buck 30 ahead, instead of 83 cents.   That Manure 16 guy he was a smart cookie wasn't he ?  I really do miss his rambling diatribes...NOT ! Schoolin' Moe

[silkos]

The so called Marner Maneuvre would almost double the div. We may see ENB in the 48's next week ... so you can make even more than that if you are patient and have the capital to support the move. That was sound advice! I am wondering who else shared stuff like that here on this forum? No member comes to mind. Hat off to Marner for actually sharing and teaching me something. Why would you

[Quintessential1]

Who? If you have the capital to support the move? What really helps is if you know when the ex-div and record dates are and  what they mean. Go Enbridge! ;-)

[silkos]

Q: If you are not trading ENB so ex div date won't help you at all anyway? Not gonna bother to answer the capital. You don't have capital, so I would just waste time and you are not interested anyway. You are just looking for comma improper usage anyway. You know my posts are not for you. The forum police is defunded.  Hugs come your way anyway. Out of love & compasion.

[Quintessential1]

You can't explain why you need the capital to trade because there isn't a reason and you don't need any capital just shares.   Dilldos you are a spaz. Hug my joint ;-)

[silkos]

Why you need capital? Your situation may vary, I did need capital to trade quick before the Sell Order settled. Sell orders don't settle in real time. If you believe ENB to be a strong investment (I do), I don't want to be our of my position for too long. This is just my experience. I sold pre ex-div and bought back once the sell mayheim started.  Where do you get the funds to buy

[SargeX]

You are definitely one dumb dilldo and post the stupidest stuff.  If you make a sell, the cash is immeditaley available to you in your account. You don't have to wait for the sell order settlement date. I do this quite often with my short term trades, buying something immediately with the same cash once a sell order is filled. 

[silkos]

Thank you Sarge for the nice comment. You may be right. I tried to do this in the past. Using CIBC IE and the transaction did not clear reason unsufficient funds. This is my experience. You obviously have your own story.

[silkos]

I stand corrected. Thx to Sarge and Q for pointing out what was obvious for everyone else. The lock on funds is for withdrawal only, not for reinvestment. The Marner maneuver makes more sense than ever.

[Quintessential1]

Obvious to everyone else but you Dilldos. The Maneuver is risky and doesn't make sense and isn't worth the effort.   I invest in Enbridge so my money can make money by itself.. A bird in the hand is worth two in the bush.  Let me know when the maneuver will produce 3. Go Enbridge! All by itself.  ;-) 

[FiddyFiddyOddz]

SARGE - Well stated !! Even the most ill informed trader knows that the cash from sold shares is available immediately to be re-deployed.  Shake my head man, shake my head.... Sarge wrote:"You are definitely one dumb dilldo and post the stupidest stuff.  If you make a sell, the cash is immeditaley available to you in your account. You don't have to wait for the sell order

[Scarlada1]

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[Quintessential1]

Well I am fortunate enough to have a trading account that doesn't require my trades to settle before I can use the proceeds from them to purchase other equities. I recall you have the same brokerage.  Ask them about it and it may save you some aggravation in the future. You sold half your position means you kept half your position so if you had done, "The Maneuver" you could