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Sirius XM Holdings Inc. Message Board

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  • bleueyedcatch bleueyedcatch Dec 14, 2012 9:44 AM Flag

    Fellas get your pom poms ready. Pumper bus leaves in 5 minutes.

    Yes the 5 cent drop in closing price reflects the dividend. In theory all things being equal a stock should drop by the dividend amount on the ex-dividend date. It's a wash for the longs and the shorts. Long didn't lose 5 cents and the shorts can cover for 5 cents less.

    Sentiment: Strong Buy

 
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