Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: LoLoLoLita who wrote (7724)	3/2/1998 6:46:00 AM
From: craig crawford	Read Replies (2) of 27307

<< You forget that shorting is usually not for the "sell and wait" types going in for the long haul >> I don't know, you would have done just fine if you shorted the Nikkei for the last 10 years. Remember, we are talking about the S&P, not an individual stock. << Anyone short SPY on the next quarterly record date (March 19 or so) owes the full dividend, even if they were just short for the day >> I don't know exactly how it's done but I know you can short the SPY for any one or all of the 365 days of the year and it will never amount to more than the current dividend yield, which at 1.6% is negligible. I still think I understand your point however. << P.S. when, and if, the dividend yield on SPY ever drops to 1%, I may just SELL and WAIT with the dang thing, dividend or not. >> Japan got well below 1% in the late eighties. Of course we all know what happened to Japan when the bubble burst.

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