BMY has been on fire of late,
currently up over 24.4% since its last ex-date on 01/02.
With its next ex-date scheduled for 04/03(me thinks),
can this upward continue for BMY,
or will a selloff preclude this quarter's ex-date?
I have held shares in BMY in my ira for a few years,
shares I bought at 23sumptin'.
Since the yield on my shares at around 5.75%,
maybe I can do better elsewhere(AGNC!),
especially since a large percentage is gains.
I'd hate to see BMY fall back into the 20s without reaping some gain from their rise.
There has been much rumored "takeover this" and "merger that".
how much higher can BMY go?
Any chartists, and others, want to play?
I bought puts when it hit 36. every two point move I roll them up to the atm strike two months out. It will fall back as it just does not have the fundamentals to support its valuation. Doing the same with LLY
If you sell now you might have to wait a while to get back in, but it will be worth it. The dividends will never match the capital loss. Kudos for holding so long, I would have caved long ago.