ALSK is a risky stock, which pays a high dividend. I just talked to a broker who said you must buy the stock on the day before and hold it on the X-div date. If you qualify for the dividend, it has already sold off by the time you try to sell it.
I trade within an IRA, so can not day trade.
Can someone tell me? Is it better to play dividends or standard deviation? In other words, capture the run up to the dividend and just forget the dividend.
Well if stock is running strong then might not sell off as much as the dividend paid. However, in this case I would sell before ex date and look for it to sell off more. As this stock ran up strong, then sold off before the ex date so that seems to be most are doing. As I feel this stock has less going for it than FTR, and FTR tanked to 6.30 currently, I would expect see it sell off into low $6 before next Ex date. I would not be in a rush to buy it now as with this market I can't see anything to move it higher.