I said "no" to be a Foulger and nitpick over your sentence division choice. Just channeling the Mi[read Mass]ss Marples.
I know all about the difference between trade date an settlement date and the fact that one does not "hold" it until settlement date. Investopedia has a good review.
If anyone's settlement date is tomorrow, they will not get this dividend.
From RAIT's website:
"RAIT Financial Trust Increases Second Quarter Cash Dividend on its Common Shares
Company Release - 06/13/2014 08:30
PHILADELPHIA--(BUSINESS WIRE)-- RAIT Financial Trust (NYSE: RAS) (“RAIT”) today announced that on June 12, 2014, RAIT’s Board of Trustees declared a second quarter 2014 cash dividend on RAIT’s common shares of $0.18 per common share, representing a 5.8% increase from the prior quarter's dividend of $0.17 per common share and a 38% increase from the second quarter 2014 dividend of $0.13 per common share. The dividend will be paid on July 31, 2014 to holders of record on July 11, 2014. The ex-dividend date is July 9, 2014."
I see I stuck jriddled close to home, but not much closer than his hand is up inside all his puppets, eh jr? LOL!!!!
Davis, you didn't need to onestar my post to the clown in training, jriddled, as NO one wants to imagine you in a speedo!
Are you sure you didn't pick up a guy in a speedo?
Remember, oh great knowing one concerning male-on-male practices, speedio killed the radio star.
Too bad they have not translated into RAS reaching anywhere near the $9.97+ you predicted we'd be closing at now.
Let me add to that.
I'm an investor. I'm interested in other things. I generally don't want to watch changes in the price of stocks all day. Investing is a different style from trading, but you can still make a lot of money from it. The first rule, however, is that you have to be willing to take, and sometimes cut, losses with good grace.
I first bought RAS based on a combination of a trusted friends recommendation and a lot of research. I first bought at $29. I was pleased when it rose to $37. and saw reasons why it was a good investment at the price, but was clearly wrong in retrospect. I should have listened harder when I started thinking about selling at that price (and I did consider doing so). When it dropped to half that price I should have sold on the way down and perhaps bought again, as I eventually did. I eventually sold at a loss, but I did my research again and proceeded to buy back at 5, 6, 7, and 8.
Indeed, for about two weeks in early August I transformed myself into a trader. Where I normally make perhaps 10 trades a year, I quickly made something closer to 5 trades a day, restructuring my entire portfolio to account for the new market conditions. As a result, the market is way down since the end of July, but I'm up over where I was in the middle of July (which was higher than the end of July). I expect RAS to go higher, but if it had hit $7.60 today I would have sold on anticipation of buying back in the high sixes. I wouldn't have felt good about it, but I would have been confident is was the right action. If I did I probably would have bought back about the same number of shares of RAS, but I'd have sunk the $1500 I made on the transaction into another stock (probably something like GE, which I've already done my homework on). I've done that twice during the last four weeks, by the way and own several other additional stocks as a result.
I wouldn't have said anything about it. I'm not in the bashing game. I've done my research and believe in the fundamentals of RAS. Indeed, I've put friends and other family members in it below its current price. I believe that the market goes up and down, that you should never take it personally, that everybody's investment is their responsibility, and that you should share good opportunities with friends and family when they are genuinely low risk
Effective persuasion isn't just about getting people to believe something. Its getting them to act on it. The best modern models of the persuasion process generally try to understand how people think when they are making decisions. These cognitive models can be useful in understanding some aspects of basher behavior, most notably the commonplace act of filling a discussion board with new topics just before and as they launch an attack.
Some of the most widely accepted and used models of how people make decisions in the face of persuasive rhetoric are "balance models". These models are predicated on the idea that people make fairly rational decisions based on the information available. This is not an entirely reasonable proposition, as we'll see when we discuss "Why Bashers Create Simple Emotional Appeals" in another posting, but it works for that portion of the population that actually thinks through decisions. This isn't everybody, of course, but rational thinkers tend to have, save, and invest more money than others, so its a larger than normal demographic in the stock market and an even larger demographic among those who actively seek information before they make decisions.
One such model is the Theory of Reasoned Action (by Fishbein and Ajzen). This theory posits that we general make decisions based on a small number of "salient" (e.g. important at the moment) arguments and that we "balance" those arguments in reaching a decision. Some arguments are more important than others ("I'm losing money" is a argument that would carry a lot of weight for many people; "My cousin is losing even more money" is one that would probably carry less weight.) The theory also suggests that our view of what others are thinking carries weight as arguments as well. Hence Yankee may feel that FMC is a POS, but still buy some if his wife (referred to as "the boss", as I recall) thinks its a good investment.
The key hear is the notion of balance. When we consider buying a stock we c
Aaah! So that is why you predicted wrong to raise expectations beyond what was indicated.
So, why do you always do that--raise false expectations that is???
not failures, or even predictions. Noooo, he'll vehemently deny that. Instead they are translated by Word Snake into "was just for fun word combinations" or "probabilistic projections"