You guys wanna buy some ice stock?
FRZ
It's been consoidating for almost a month. And it's summertime! We could hold it for 60 days or so and sell with the profits of summer come in! I'm thinking.... we could also make a few duckets on the dividend (.42) .
Just a little info in regards to the dividend. When the dividend is paid out, the stock decreases by that amount. That's usually overlooked in higher priced stocks, because it's normally a much smaller percentage of the price, and the price goes back shortly after. You're talking about a stock whose dividend is a little more than 20% of the price, I don't know if it goes back so fast.
Some of you guys may know this, it may have been said already, I don't know. I've been looking in at the thread randomly from time to time. I just don't want you guys to think you'd be buying the stock, hold through the dividend, and even if the stock stays flat, you're walking out with a nice percentage profit.
Edit: That's even if they decide to pay the dividend. Just because a dividend is listed, they don't necessarily have to pay one out.