Begins to look like a bigger correction. May mount to nothing either, as other are ready to enter on the pull back
If traders are buying Apple to get a single dividend, then they are foolish. If they buy the stock because it offers a dividend, they won't sell after the dividend. I don't see enough volume to indicate that traders are eager to sell.
People have to be noobs to think they can kite dividends ex-dates. You get the div and the stock drop accordingly. Unless someone need dividends instead of capital gains there is no reason to do this.
exactly.. worse even because the gains become realized
Jefferies Analyst Peter Misek Says Value Investors Pouring Into Apple Common
May 7, 2013 1:50 PM EDT
"Value and income funds love the stock. Income funds appear to like the stock as long as the yield is 2% so net flows have been very positive."
even if there is a ten point correction, it will be temporary... 500 probably by months end!!!!!
Bang the short slowly. That's the trend.