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Strategies & Market Trends : Dividend investing for retirement
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To: Triffin who wrote (11263)3/5/2012 9:31:00 AM
From: chowder  Read Replies (1) of 34328
 
I received shares of MJN from someone in a spinoff, I can't recall who. Anyway, I decided to sell those shares immediately upon receipt. The price has done nothing except go up.

I decided that perhaps, in the future, I'd give spinoffs a chance. So, I get FTR in a spinoff, add to it in order to make it a full position, and it does nothing but go down.

Sometimes I can't win for losing. Ha!
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