PureBytes Links
Trading Reference Links
|
If you are short as of the ex-dividend date, you are liable to pay the
dividend to the person whose shares you have borrowed to make your short
sale. Your broker will take the money promptly from your account.
Geo
----- Original Message -----
From: "Steve Dugas" <sjdugas@xxxxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Monday, October 11, 2004 03:22 PM
Subject: Re: [amibroker] OT: MSFT Special Dividend
>
> Got it - thank you Bob!
>
> So now, it occurs to me that we could short MSFT on 11/11 or so, and buy
it
> back $3 cheaper on 11/12. I imagine this won't work either - it's just too
> easy, but I don't know why it won't work. Dividends have never played a
big
> part in my trading decisions, so I don't know much about them. Any
thoughts
> on this? Thank you for your help!
>
> Steve
>
> ----- Original Message -----
> From: "Bob Jagow" <bjagow@xxxxxxxxxxxxx>
> To: <amibroker@xxxxxxxxxxxxxxx>
> Sent: Monday, October 11, 2004 2:43 PM
> Subject: RE: [amibroker] OT: MSFT Special Dividend
>
>
> >
> > Drop $3 on 11/12.
> >
> > Regards,
> > Bob
> >
> >
> > -----Original Message-----
> > From: Steve Dugas [mailto:sjdugas@xxxxxxxxxxx]
> > Sent: Monday, October 11, 2004 11:29 AM
> > To: Amibroker Yahoo Group
> > Subject: [amibroker] OT: MSFT Special Dividend
> >
> >
> >
> > Hi All,
> >
> > As everyone probably knows, MSFT has announced a special $3/share
> > dividend to shareholders of record on 11/17/04 ( ex-dividend date of
> > 11/12, as I understand it ). Sounds like an easy way to pick up a quick
> > 10-15%, but we all know the markets aren't that easy : - ).
> >
> > I am curious to hear what effect the more experienced traders would
> > expect this dividend to have on MSFT's share price shortly before and
> > after that date - would you expect the share price to drop by $3/share
> > the next day, or something similar? Thanks very much for all responses!
> >
> > Steve
> >
> > [Non-text portions of this message have been removed]
> >
> >
> >
> >
> > Check AmiBroker web page at:
> > http://www.amibroker.com/
> >
> > Check group FAQ at:
> > http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> > Yahoo! Groups Links
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >
> > Check AmiBroker web page at:
> > http://www.amibroker.com/
> >
> > Check group FAQ at:
> > http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> > Yahoo! Groups Links
> >
> >
> >
> >
> >
> >
> >
> >
>
>
>
>
>
> Check AmiBroker web page at:
> http://www.amibroker.com/
>
> Check group FAQ at:
http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> Yahoo! Groups Links
>
>
>
>
>
>
>
------------------------ Yahoo! Groups Sponsor --------------------~-->
$9.95 domain names from Yahoo!. Register anything.
http://us.click.yahoo.com/J8kdrA/y20IAA/yQLSAA/GHeqlB/TM
--------------------------------------------------------------------~->
Check AmiBroker web page at:
http://www.amibroker.com/
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/amibroker/
<*> To unsubscribe from this group, send an email to:
amibroker-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|