Seeking Alpha
  • Bruce Whitaker
    LYB likely to trade up if market stabilizes. Look for bounce Tuesday and Wednesday and sell before special $4.50 dividend Friday.
    11/21/11
    Reply (10)
    • golfitobob: Yes, an never biunced on div announcement. Can't decide on hold 4 Div or look for 36s an take 2 bucks in hand ! Got a call ?
      11/21/11
    • Ocean Man: Record date is Friday. Both divs ($4.75) come out of the price tomorrow morning. Ex-div is two days before record and Thurs is holiday.
      11/21/11
    • golfitobob: OM, yes. Was hoping 4 beter price tday an 36s tomorrow !
      11/21/11
    • Bruce Whitaker: "...subject to the adoption of a resolution by the Management Board, which is expected to occur on Nov. 25, 2011."
      11/21/11
    • Bruce Whitaker: Not sure how it can be deducted before adopted. ???
      11/21/11
    • golfitobob: Div was publicly announced an declared in SEC filing !
      11/21/11
    • Bruce Whitaker: "oops...picked up volume surge screen and then went blind on date of press release. I wonder how much this is going to cost me?
      11/21/11
    • golfitobob: 16 cents after a year hold.only kidding.The company is in the sweet spot & as OM posted the big buy had2o have something 2 do with big div !
      11/21/11
    • Ocean Man: I thought that was weird too, how it seemed to be voted on after being taken out of the stock price. Today got you basically 3% (vs. the
      11/21/11
    • Ocean Man: market) since it didn't go down. $68M insider buy. It's not a $29 stock, so it should recover some of the ex-div drop.
      11/21/11