Okay, I bought 2000 shares yesterday. I will let you know on 4-15 if it shows up in my acct. at Scottrade. It pays on the 14th of April but won't show until the following day. Hope you are right. I always try to buy stocks 3 days ahead of the ex. so whatever way this goes is fine with me. There's usually a run-up on the share price but that did not happen yesterday since it was the last day to buy according to you and factsbaby. Thanks to both of you.
You've got me. AUY and ABX both went down this morning and now they're back up.
1250 for gold would move this stock. Barclays also rated this and they are not in Canada. I think this will move back into the four's next week.
P.S. It also said that AUY's revenue is up 29% for the quarter so I haven't a clue why the price is still under $4.00.
TD Securities upgraded AUY on 3-24-2015 to a buy with a $6.00 price target. The 200 day moving average is $4.00. The same article said Barclays lowered their target from $7.00 to $6.00. Still, that's two bucks from where it is today. I just typed in my YAHOO search "who rates Yamana Gold a buy?" and there it was.
Whoever bought this for the div.-this has fallen off 28 cents. No gain here. You can't just buy yesterday for today's ex. date-you must own a couple days before that for the trade to settle. This should get back to the $4.15 - $4.17 range as it has done several times. Most stocks fall on the ex date anyway.
Many bought in the $50.00 plus range so the only thing they can hope for is a buyout over $55.00 for holding the last couple of years. Just saying buying in the low 30's and selling close to 40 several times would have netted you way more than you will get at any buyout unless it is way more. I just want the sure thing so whichever way you go-Good luck to you.