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Biotech / Medical : CNSI Cambridge Neuroscience
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To: Highlander who wrote (368)3/22/1998 11:07:00 PM
From: Mike McFarland  Read Replies (1) of 675
 
Don't expect to capture the dividend without
taking the appropriate hit in the stock. I
beleive the terminology is "dividend paid
to share holders of record on x date" and on
that date the stocks goes down. There are
probably traders out there that take advantage
of dividend plays, but I would imagine that
everything happens pretty much instantaneously.

But don't take my word for it--I probably know
less than I think I do. So...if you really want
to know about dividend plays, you might ask your
question on the tax thread or the one of the
trading-for-newbies threads.

One thing I have learned, it is very hard to
outsmart the market--don't expect to do anything
tricky and make money, somebody always gets there
first.
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