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  • munirqasim42 munirqasim42 Dec 18, 2012 6:41 PM Flag

    My broker says...

    MGM: Why not you buy all the shares at lower price instead of buying additional shares with divident money. You may be able to buy more shares with your own money and not to share your many with tax man. On one hand you may be sharing and on the other hand you may be losing more than the dividend. I do not say you do not share, it is good to share when you make money but it hurts to share when you lose money. These type of stocks lose more than the give outs.
    Example SCMR, AGNC, MRVC, etc etc.

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