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Strategies & Market Trends : REITS - Buying 1 - 2 weeks before going ex-dividend

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To: shasta23 who wrote (1842)5/25/2000 9:53:00 AM
From: Richard Barron  Read Replies (2) of 2561
 
Stefan,
In post 1831, I mentioned that I was buying SIZ at the time since it showing weakness and close to ex-dividend date. I got the shares at 7, and was able to sell them at 7-7/16 to 7-1/2 in just 3 weeks. I could have held for the dividend, but I'm not too greedy and love to get 6-7% gains in 3 weeks.
That is the ideal sort of trade for the dividend.
Richard
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