Jim Van Meerten's  Instablog

Jim Van Meerten
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Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and... More
My company:
Marketocracy capital management
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Barchart Portfolio Blogs
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  • dundey
    , contributor
    Comments (1058) | Send Message
    But why drop now? The stock was at a 52 week low earlier today and bounced back some prior to the end of trading. It historically increases prior to the next quarter's ex div date. IMHO this was the wrong time to dump. I'm a buyer today.
    20 Aug 2014, 05:45 PM Reply Like
  • Jim Van Meerten
    , contributor
    Comments (659) | Send Message
    Author’s reply » dividend Ex date was 8/14 Dividend was less than 8% but the stock is off 19% for the quarter. Besides I an a momentum investor not a dividend investor.
    I got the dividend
    20 Aug 2014, 05:51 PM Reply Like
  • sebrich
    , contributor
    Comments (5) | Send Message
    Jim, you dropped too late. You will loose a lot of money. Better buy now to a good price. I suppose the stock will recover to some extent. The dividend is huge.
    21 Aug 2014, 02:22 AM Reply Like
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