Seeking Alpha
  • Ocean Man
    Sold half of my QRE for a gain of 16% in 2 months. $15.80 ---> $17.82 + $0.49 div. http://seekingalpha.com/s/5di1j
    8/29/12
    Reply (8)
    • sundate36: Are you unloading some of the positions because you are expecting a sell-off?
      8/29/12
    • Ocean Man: I wouldn't say expecting, more like guarding against.
      8/29/12
    • losbronces: Still holding QRE. Sold 17.5 Nov calls for 1.25 on May 16. The calls are in the black, will buy them back if needed prior to ex-dist date.
      8/29/12
    • sundate36: OM - WCRX dropped like a rock today. Can't figure out why. Maybe a $4 special dividend they announced? Do you know by any chance?
      8/29/12
    • Ocean Man: Huh? Looks like it's up 4.5% to me.
      8/29/12
    • sundate36: Yesterday it traded for 16-17...
      8/29/12
    • Ocean Man: Oh I see what you mean, yes the $4 special dividend came out today. You'll get it if you owned the stock yesterday.
      8/29/12
    • sundate36: That's what I thought. If the drop was just because of the dividend, I may pick up some shares once we get BB's speech out of the way.
      8/29/12