mac look at nrz. they pay a 50 cent dividend next month with a price of share at 16.89. not to bad for 4 weeks of wait.
I meant to check NRZ today when you posted but got tied up. 3% for 4 weeks is pretty damn good. Hell 12% a year is awesome as well. I got to do a little more checking but the company looks solid. Some good ratings. Stock looks to be on an upswing here as well. I might pick up a bunch early Monday extended hours. Should be a lot of buyers on Monday.
Good looking out.
Comment
evo34
SBR MVP
11-09-08
1032
#317
Originally posted by chico2663
mac look at nrz. they pay a 50 cent dividend next month with a price of share at 16.89. not to bad for 4 weeks of wait.
If only it was that easy... When stocks pay a dividend, the price of that stock usually drops by the amount of the dividend (obviously, since the company no longer owns the cash it paid out, it is worth less). The last few 50-cent divs for NRZ have resulted in a ~50-cent share price drop overnight. So net zero gain. Actually, sometimes less than zero, since you owe tax on the dividend payment and may not be able to deduct the loss on the trade (if you lose more than $3k in a year).
Bottom line: chasing dividend ex-dates is anything but free money.
Comment
chico2663
BARRELED IN @ SBR!
09-02-10
36915
#318
Originally posted by evo34
If only it was that easy... When stocks pay a dividend, the price of that stock usually drops by the amount of the dividend (obviously, since the company no longer owns the cash it paid out, it is worth less). The last few 50-cent divs for NRZ have resulted in a ~50-cent share price drop overnight. So net zero gain. Actually, sometimes less than zero, since you owe tax on the dividend payment and may not be able to deduct the loss on the trade (if you lose more than $3k in a year).
Bottom line: chasing dividend ex-dates is anything but free money.
Seeing I bought this at sub 11.00 in feb of 2016 and have a c.o.s at 13.25. Could you please explain. Maybe you are correct but they only went down because of ocwen and I used that to buy more. But i was told that when interest rates go up that this would be a good company to own. But what the hell do I know. I 'm horrible picking stocks
Comment
chico2663
BARRELED IN @ SBR!
09-02-10
36915
#319
Hell I bought a 1000 shares of lyg after brexit and sold half of my shares last week. I made some money but with england selling back their shares it never recovered as well as I hoped. But their special dividend helped a little . I also waited til after I was vested for the extra dividenf before I sold
Comment
thomorino
Restricted User
06-01-17
45842
#320
dddff
Comment
chico2663
BARRELED IN @ SBR!
09-02-10
36915
#321
mack good day for the stock u posted hlx. Says they are talking to banks about being bought. Would be nice if it goes to double digits
Comment
BarkingToad
SBR Hall of Famer
08-31-08
5913
#322
Santo Mining (SANP), a Bitcoin mining outfit, traded over a billion shares yesterday. Could be an interesting sub penny stock.
Comment
milwaukee mike
BARRELED IN @ SBR!
08-22-07
26914
#323
Originally posted by evo34
If only it was that easy... When stocks pay a dividend, the price of that stock usually drops by the amount of the dividend (obviously, since the company no longer owns the cash it paid out, it is worth less). The last few 50-cent divs for NRZ have resulted in a ~50-cent share price drop overnight. So net zero gain. Actually, sometimes less than zero, since you owe tax on the dividend payment and may not be able to deduct the loss on the trade (if you lose more than $3k in a year).
Bottom line: chasing dividend ex-dates is anything but free money.
agree for the most part, except the preferred stocks i own usually trade up before the dividend, drop off and then trend back up
much different than common stocks though
the one i still like the most is ahp-b... 20.64 price with a 25.00 par and a nice dividend
Comment
brooks85
SBR Aristocracy
01-05-09
44709
#324
I'm riding my biggest winner ever right now based on annualized return, a month and over 10x return lol
$hmny the company that is now 51% owner of moviepass, it's on fire
it was under $3 last month, just crossed $36 this morning. Crazy, about to cross 37 and tomorrow they have a conference at the disruptor event so should be even more buyers after.
lol and another dip comes right after
Comment
Snowball
BARRELED IN @ SBR!
11-15-09
30064
#325
shorted a couple on the 1 hour using sportsbetting.ag platform.
quickie trades like this and not in real stock account is all I will do now.
Comment
d2bets
BARRELED IN @ SBR!
08-10-05
39995
#326
NVDA over $200 today. This will be a $500b company within 5 years ~ $800+/share.
Comment
Mac4Lyfe
SBR Aristocracy
01-04-09
48539
#327
Originally posted by chico2663
mack good day for the stock u posted hlx. Says they are talking to banks about being bought. Would be nice if it goes to double digits
I was hoping the owner would sell but he's not interested right now. Still a good long term hold. CRZO and SPN should be seeing some good runs soon. I just added to both positions.
All the tech stocks I've posted since the beginning of this thread have gone through the roof. Incredible run. NVID has been tremendous. Look for BABA to impress next week as well.
Comment
Mac4Lyfe
SBR Aristocracy
01-04-09
48539
#328
Originally posted by Mac4Lyfe
I guess no one is paying attention but since I posted these stocks, EVERYONE of the stocks I posted have gone up significantly... I'm updating these to their last year performance.
Nvdia +65.5% Up 196%
OLED +44.62% up 217%
Baba +39.7% Up 80%
NFLX +45% Up 58%
MU +16.9% Up 154%
Google +14.1% Up 28%
FB +12.95% Up 36%
AMZN +12% 43%
WDC +11% Up 47%
AMD +7.9% Up 54%
Apple +5.45% Up 52%
SWKS +4.6% Up 50%
Which one of your brokers are going to give you these type of returns? Should I go tout? Haha
CSTM up 35%, CRZO up 33%, HLX up 18% in the last few months I mentioned them. SPN has been down but look for them to run soon.
NVDA reports next week and expect stellar results again. BTC up above $7,200 on its way to $10,000 as I predicted. We still have a few more months to run upward. Ride the wave!!!