very very interesting. We will see. I tried to play this trend last time with a scaled buying approach....filled first two buys, but it stopped dropping so that is all I got. Up over a buck per share and awaiting a nice dividend. A little different strategy than you....I hold and collect the dividends...and when she drops back down, buy more shares. Maybe one day I will unload them, but I prefer the much lower dividend tax rate. Did I mention that I hate taxes? The October 15th deadline just passed and I feel sick to my stomach....uuuhhhhh.
Anyone know of any good tax avoidance schemes, tricks, legal or not? #$%$& this government!
Not sure why you say there is a lower tax rate for distributions from CHKR. You do get to take depletion, but much of the income is reported as interest or royalties which are taxed at regular income tax rates. These are not qualified dividends.
Even if you are a long-term holder, you should still hedge as you get close to the divy announcement date. No reason not to benefit from the share price decline after ex-date.