NOV should go up rapidly from now thru the 2,Dec.I'm sure the big boy's will be buying like crazy to pad their portfolios with the one time dollar per share payout for holders as of Dec2,plus the dividend.Anybody have any thoughts on this?
My broker lists the NOV ex-date for the special dividend as 11/30 with a pay date of 12/16. I also own SCMR, which is paying a special dividend on Dec 15, but you have to hold through the pay date, i.e ex-date is Dec 16. Can anyone confirm the ex-date for the NOV special dividend is indeed 11/30?
...good call. Looks like someone has figured out that a company growing at a greater than %50 rate for past 5yrs, will most likely do better than %12 estimates for the next 5. New TV series-when ANALyst get it wrong-look how many are climbing aboard now. Diversification of businesses, oil and gas up, valuations and load of cash plus new shareholder friendly dividend... planets aligned perfectly! Enjoy longs, R
Have any of you guys heard about a major selloff before the end of the year?
I'm not talking about NOV in particular, but in relation to the increase in Cap Gains tax. There's always a selloff at the end of the year, but I keep hearing that this year is going to be much more extreme than usual...