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<<How can you invest in the stock market if you don't even have a basic
understanding of ex/div date, date of record and div payment date?>>
Most of us are still learning. You could have just answered him that the price drops on the ex-dividend date.
So Far, So Good
The old story of a man falling from atop a 21-story building, as he falls, the people on each floor mutter "So far so good" as he passes them on his way down. Until of course, he reaches the ground floor. Then a big surprise, �how could he have died? He was ok till the last floor. No one dies falling from first floor to ground floor.
So far, so good.
There is no volume on the upside, could it be bearish signal?
>>Most of us are still learning. You could have just answered him that the price drops on the ex-dividend date.<<
F_V, If M_G_N_M were a new investor I certainly would have responded that way. If you look through past messages on this board you will see that most posters have been very helpful to new investors. M_G_N_M is a short that has been posting on here for months telling everyone to sell. When someone points out the flaws in their posts they just come back with another screen name. If you look at post #'s 9386, 8656, 8694, and 8773 and many others, you will notice that it is painfully obvious they were all posted by the same person.
Gotta love the shorts, eh? This is another example of your fundamental misunderstanding of this and probably many other stocks. You profess to tell us all the reasons why AHR is going to drop, but you don't even know how the market operates. Please, PLEASE tell me you didn't short this puppy even more over the last few days....Please, PLEASE tell me you were hoping it was going to go down today, because you are a weee bit off as far as your timing goes.
Bet you wish you didn't mess with REITS, now huh? It's funnny, I saw a warning saying "no reits" on a day traders bulletin board once in manhatten, obviously JP Marlin's offices aren't there.
Guys, if you were wondering that squealing noise is the shorts getting squeeeeezed.
Anyone notice how the shorts rarely reply?
AHR generally drops, before Ex dividend, Stock of record and payment date.
See for your self.
Date declared ��Ex Dividend��Stock Price Declared ��.Stock price. Ex Dividend date
March 14, 2002�April 2, 2002��..11.53�����....11.21�down� 32cents.
June 21, 2002 �June 26, 2002���.12.79�����..12.50�down..�.39cents
Sep 19, 2002�.Sep 28, 2002����11.51�����...11.99�.up�..48 cents
Dec 12, 2002 �Dec 27, 2002���.10.98�����?.
Drops 66% of the time.
SeLL_VoLuMe, There is a moajor flaw in your method here. You have to use the closing price the day before ex/div as a comparison, not ex/div because the price opens lower by the amount of the dividend and if you were going to cover your short you would have to do it the day before, not on ex/div day or you still pay out the dividend.
9/19/02 $11.51 9/25/02 $12.26 +$0.75
6/20/02 $12.70 6/25/02 $12.85 +$0.15
3/14/02 $11.53 4/1/02 $11.58 +$0.05
It has went up 100% of the time