Almost made a full month's divi in one day lol...If this is anything like the last time they SPO'd right before the divi then ARR will go down to 7.1-7.15 by the end of the week..I will rebuy then.. However, there is the chance that it bounces right back tomorrow morning and i'll miss the boat but thats a risk im prepared to take..GLTA :)
It is nice to see people who think they are beating the system. As mentioned in the responses you made 1% on your little scheme. Congratulations. However, by buying the stock and holding it and collecting the dividend, you would have made 1.3%. Guess what, just in case this has not sunk in yet, you can do this 12 times a year! Also, I bought in a month ago at under $7.00/share. I have not only made the dividend 1.3%, but also made another 4.5% if I were to have sold at the same time you did. 5.3% in 1 month.... Perhaps you need to find another scheme.... you really lost on this one any way you look at it. Just a thought!