Welcome to StkyTreat

[jiesen]

That goes strictly by number of posts. Somewhere between 100 and 170 posts you passed into seniorhood. Congrats!

[JohnHenry]

Hey is that right? I’m a senior member! How so, I still don’t know jack about this the market stuff.

[JohnHenry]

Um ok, one more wacky question about oil refinery stocks that I do not understand. You would think with the price of oil going down, the refinery stock would shoot up because you would buy more oil for less, no?

A barrel of oil sells for $10 and you buy 10 barrels, which equals to $100. Now the price drops to $9 a barrel and you buy 10 barrels, which equals to $90. You saved $10 or you can buy 11 barrels for the same price as purchasing 10 barrels. Am I looking to hard her, what’s the concept?

[COLOR=black][FONT='Times New Roman'][FONT=Verdana][SIZE=2]Instead of the company paying a special dividend, why don’t they just take that money and invest into the company?

Depends upon the company. REITs, for example, are required to pay out no less than 90% of their net income.

[JohnHenry]

No, because if you're short a stock when it pays a dividend, you pay the dividend.

The price typically doesn't drop until the dividend is paid, not on the ex-date.

Ok I understand why shorting is not a good idea. Instead of the company paying a special dividend, why don’t they just take that money and invest into the company? This way the price of the stock doesn’t have to adjust to compensate for the payout. I was thinking why a special dividend is paid out; maybe the insiders want money for themselves. This way they don’t have to sell their stocks?

It can drop on either but usually, not until it's paid.

[JohnHenry]

No, because if you're short a stock when it pays a dividend, you pay the dividend.

The price typically doesn't drop until the dividend is paid, not on the ex-date.

I thought that the price drop on the ex-date so it give you a chance to buy it at a discount?

Would it be a good idea to short it the day before the ex-dividend date? or buy it on the ex-dividend date for a discount?

No, because if you're short a stock when it pays a dividend, you pay the dividend.

The price typically doesn't drop until the dividend is paid, not on the ex-date.

[JohnHenry]

Ordinarily, yes. The price could go down less than $1 if people are accumulating the stock for other reasons, or it could go down more than $1 if they're distributing it for other reasons.

Would it be a good idea to short it the day before the ex-dividend date? or buy it on the ex-dividend date for a discount?

[Lyehopper]

As I look back at my life...I'd say the BEST times I ever had were when I was 15 in 10th grade....

As I look back at my life I'd have to say the BEST times I ever had are happening right now....

When I was 15 and in the 10th grade?.... That period in my life is WAY down on the "BEST TIMES" scale.... wasn't ALL that bad I guess.... but hell, I had freakin' acne, couldn't drive and had no money!.... fifteen years old!!!!????.... Doug! Your life must really suck dude!

I say.... Suck it up and listen to you father Sticky.... He thinks with his head and not his heart....

[IIC]

PS...Heck, I've been a student of the market since I was 14...Very serious about it since '83 when I was 30...Will I ever figure it out? Probably...About 10 mins. before I die...IIC

[IIC]

Dude the test was very easy…When I say easy…I had friends that didn’t take algebra and pass.



Um yeah…if I was smart I would understand the stock market stuff and be a good writer. I don’t act, think, or feel smart. Where I’m at now; I had to try very hard at everything just to be average among other kids. It’s not being smart, I just never learned to give up.



Yeah…you and my mom seem to think alike. She said almost similar to what you were saying about beings smart without having a childhood to look back. I think I kind of understand what you and my mom are saying. So just stay in high school and take some courses at a jc so that I don’t be a social retard? My first semester at the jc, none of the adults talked to us and they hated us for screwing up the curved.

As I look back at my life...I'd say the BEST times I ever had were when I was 15 in 10th grade...The rest of HS and college were pretty good too...Then I got thrown out into the real world...The real world isn't so bad...But the great memories are from back then...Do I wish I could go back???...NO...Do I cherish those memories...YES.

[JohnHenry]

I know the test...It is pretty much a joke....

Dude the test was very easy…When I say easy…I had friends that didn’t take algebra and pass.

You seem pretty intelligent...But if you are...

Um yeah…if I was smart I would understand the stock market stuff and be a good writer. I don’t act, think, or feel smart. Where I’m at now; I had to try very hard at everything just to be average among other kids. It’s not being smart, I just never learned to give up.

Became a Big Shot lawyer...So what???...He missed out on the social aspects of school...Those help you become a more well-rounded person...You miss that...You can never get it back...NEVER!!!

Yeah…you and my mom seem to think alike. She said almost similar to what you were saying about beings smart without having a childhood to look back. I think I kind of understand what you and my mom are saying. So just stay in high school and take some courses at a jc so that I don’t be a social retard? My first semester at the jc, none of the adults talked to us and they hated us for screwing up the curved.

[IIC]

Hi, thanks. A 9th grade comprehension, all this means is that I don’t have to go to high school anymore. With passing the CHSPE, it means that I can attend a junior college full time without having to finish all the high school requirements. That’s what my dad wanted, for me to take all my lower classes for engineering at a jc and then transfer when I’m 16 to a four year college so that I can graduate at 17 but my mother is against it.

Without knowing the details...I have to agree w/ Mom...I know the test...It is pretty much a joke....You may be very smart...I don't know???...You seem pretty intelligent...But if you are...Then I would continue on the "Normal" path...Maybe take a few higher level courses at SCC if you can.

I remember when I was in HS...Some of the smart kids took some classes at a JC...The BRAINIAC ones took some courses at USC...But why???...So a few of them went on to get PHD's...Whatever became of them???...I have no idea.

I even know one friend of mine who ran away from home...Never graduated...Went to a JC...Then Loyola...got a Law degree...Became a Big Shot lawyer...So what???...He missed out on the social aspects of school...Those help you become a more well-rounded person...You miss that...You can never get it back...NEVER!!!

[JohnHenry]

Congrats on passing...But all that means is that you have a 10th grade comprehension level...Not too impressive out in the real world...STAY IN SCHOOL!!!...Doug(IIC)

Hi, thanks. A 9th grade comprehension, all this means is that I don’t have to go to high school anymore. With passing the CHSPE, it means that I can attend a junior college full time without having to finish all the high school requirements. That’s what my dad wanted, for me to take all my lower classes for engineering at a jc and then transfer when I’m 16 to a four year college so that I can graduate at 17 but my mother is against it.