Seeking Alpha
  • Ocean Man
    Took some profits on CRK after a 9% up-move today, and added to NVS. My top play for the next 2 weeks is NVS on any weakness.
    2/15/12
    Reply (14)
    • BTD70: Looking at the historical prices in 2/10 and 2/11, interesting. This (2012) divi not as much an increase as 2011.
      2/15/12
    • Ocean Man: I agree, I was expecting a larger increase, but I bought after that was announced. It's still a 4.3% yield paid all at once, equivalent to a
      2/15/12
    • Ocean Man: quarterly div payment on a 17% yield from a div run-up / div capture perspective.
      2/15/12
    • BTD70: The historical price data didn't really show what I thought I'd see--I guess looking at a price snapshot at noon daily leaves alot out.
      2/15/12
    • BTD70: Looking at charts tomorrow. I've never traded anything in this sector.
      2/15/12
    • Ocean Man: It gets less div chasing because it's foreign and has foreign tax withholding, plus more risky than CLCT due to market beta and FDA stuff.
      2/16/12
    • BTD70: The gold ring would be to do well enough with intraday trading to be able to sit through, 2/27, collect divi and then exit....
      2/16/12
    • BTD70: .....that could have been done in 2011, the price did not drop huge after ex-divi.
      2/16/12
    • Ocean Man: I'll probably take the div on half my shares.
      2/16/12
    • shvartz: Do you think today's (21 Feb) price of about 57$ is a good entry point pre div or should I wait for some kind of drop?
      2/21/12
    • BTD70: Not sure how larger traders are playing this--maybe doing intra-day stuff. For me (small player), I traded 56.44/57.45....
      2/21/12
    • BTD70: Now waiting for a teeny pullback for 2nd shot.
      2/21/12
    • BTD70: disclaimer: I have 12 weeks experience doing this : )
      2/21/12
    • Ocean Man: Probably still worth a try at this price, only a few days left. I might buy some more, and will definitely buy any weakness.
      2/21/12