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Re: shorting stock as they go ex-dividend

123 is right on the money here - every stock is reset the day after the ex-div date, so the market will normally open pretty much last close - divy, unless there is significant news/market movement that morning.....

Theoretically, if you are targeting dividend traders who will be looking to get out after extracting the divy and therefore place a drag on the market, this might work. But it would want to be over a short time frame..... In my experience in this bull market, the stock just rallies back to where it was before.....

Someone may have some more concrete evidence than just my feeling, but I don't reckon this would be a profitable strategy.....

Cheers

[QUOTE="reece55, post: 164960, member: 4401"] [b]Re: shorting stock as they go ex-dividend[/b] 123 is right on the money here - every stock is reset the day after the ex-div date, so the market will normally open pretty much last close - divy, unless there is significant news/market movement that morning..... Theoretically, if you are targeting dividend traders who will be looking to get out after extracting the divy and therefore place a drag on the market, this might work. But it would want to be over a short time frame..... In my experience in this bull market, the stock just rallies back to where it was before..... Someone may have some more concrete evidence than just my feeling, but I don't reckon this would be a profitable strategy..... Cheers [/QUOTE]

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