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<blockquote data-quote="Benben" data-source="post: 1123688" data-attributes="member: 25133">Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20&quot;please everyone get out before the EX DATE...my opinion...RNO is going to tank after EX DATE&quot;I have only been at this little less than a year so take the following with a grain of salt.&nbsp; The street &quot;punishes&quot; stocks that pay a divi.&nbsp; I do not know if this is an actual person/persons or if its a computer program that sells when a stock drops by &quot;x&quot; amount, I tend to think its the computers.&nbsp; When a stock goes ex-divi it auto drops the amount of the divi and then seems to continue that slide for the next 3-4 weeks before it starts to move back into the &quot;break even&quot; zone.&nbsp; Brownboy has identified an excellent stock that this &quot;example&quot; happens everytime for the past 3 years.&nbsp; The run-up will be better than the paid divi.&nbsp; My current plan is as follows;&nbsp; I have a sell order currently set at an extreme point.&nbsp; I plan to place another market sell at a sell order of $15 after the board anounces divi and collect the gains minus the $13.90 trans-action fee (in and then out.)&nbsp; At this point I have &quot;learned my leason&quot; with a small gain and I plan to &quot;game the system.&quot;&nbsp; I will invest a much larger amount of capital into this stock at the 5-6 week post ex-date.&nbsp; I plan to buy 100 shares at what I think will be the bottom RNO&#039;s cycle.&nbsp; I then will then place a covered options call for $2.00 over the current price and see what happens.&nbsp; I hope to gain the premium on the call option, never get my option called, collect the premium, and cash out during the run-up towards the next quarter divi. &nbsp;Laugh out loud, I think I am about to get an expensive education.&nbsp; But then again I paid for a post-grad education that I am barely using now.&nbsp; Life is funny you know?&nbsp;&nbsp; YES, I am a total rookie at all this but buy doing this I hope to have learned multiple leasons.&nbsp; BrownBoy has the experience I wish the hell I had.&nbsp; Thank god I am 20 years from retirement and can absorb the lose these shinganigans (yes, bad spelling but yet again Web-dictonary failed me and pissed me off at the same time) will more than likely cause.</blockquote>

[QUOTE="Benben, post: 1123688, member: 25133"] [b]Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20[/b] "please everyone get out before the EX DATE...my opinion...RNO is going to tank after EX DATE" [COLOR=#b22222]I have only been at this little less than a year so take the following with a grain of salt.[/COLOR] The street "punishes" stocks that pay a divi. I do not know if this is an actual person/persons or if its a computer program that sells when a stock drops by "x" amount, I tend to think its th[COLOR=#b22222][/COLOR]e computers. When a stock goes ex-divi it auto drops the amount of the divi and then seems to continue that slide for the next 3-4 weeks before it starts to move back into the "break even" zone. Brownboy has identified an excellent stock that this "example" happens everytime for the past 3 years. The run-up will be better than the paid divi. My current plan is as follows; I have a sell order currently set at an extreme point. I plan to place another market sell at a sell order of $15 after the board anounces divi and collect the gains minus the $13.90 trans-action fee (in and then out.) At this point I have "learned my leason" with a small gain and I plan to "game the system." I will invest a much larger amount of capital into this stock at the 5-6 week post ex-date. I plan to buy 100 shares at what I think will be the bottom RNO's cycle. I then will then place a covered options call for $2.00 over the current price and see what happens. I hope to gain the premium on the call option, never get my option called, collect the premium, and cash out during the run-up towards the next quarter divi. Laugh out loud, I think I am about to get an expensive education. But then again I paid for a post-grad education that I am barely using now. Life is funny you know? YES, I am a total rookie at all this but buy doing this I hope to have learned multiple leasons. BrownBoy has the experience I wish the hell I had. Thank god I am 20 years from retirement and can absorb the lose these shinganigans (yes, bad spelling but yet again Web-dictonary failed me and pissed me off at the same time) will more than likely cause. [/QUOTE]

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