Sorry, not trying to ignore your comment. Some of us here do a combination of both hold and sell and reclaim. I had some success doing that last summer but I have not been able to hook back up well. I kept my shares this month for the dividend. The rights offering each summer offers some unique opportunities to either lose your shirt or make a little profit. Good luck and stay thirsty my friend!
I dodged the dividend last month trying to play on an increase after x-div and I got thumped. I do not think I will make that mistake again being in the position I am in with Scottrade.
Stay thirsty my friends!