Rock (![[info]](http://l-stat.livejournal.com/img/userinfo.gif){kind=small} rock65) wrote,@ 2006-03-01 23:14:00 |
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Series 7: Day 2
Completed Chapters 3 & 4
Time: 21:00 - 23:04 = 2:04
Notes:
Got off to a late start tonight as I was burning the DVDs that I borrowed from work. I'll be using them through out this course and needed to be done. I have them all except 4 & 5, which cover options.
Everything was quite easy, learned lots of stuff I didn't know. I had no idea that a company could do a reverse stock split. It makes perfect sense, though. The dividen pay, record and ex date left me with a question. If on March 2nd, the company announces a dividend is going to be paid on March 30th with a record date of March 15th, wouldn't it be smart to buy shares on the 3rd, reap the dividends then sell on the 31st? Why doesn't everyone take that sure thing? I must be missing something.
Completed Chapters 3 & 4
Time: 21:00 - 23:04 = 2:04
Notes:
Got off to a late start tonight as I was burning the DVDs that I borrowed from work. I'll be using them through out this course and needed to be done. I have them all except 4 & 5, which cover options.
Everything was quite easy, learned lots of stuff I didn't know. I had no idea that a company could do a reverse stock split. It makes perfect sense, though. The dividen pay, record and ex date left me with a question. If on March 2nd, the company announces a dividend is going to be paid on March 30th with a record date of March 15th, wouldn't it be smart to buy shares on the 3rd, reap the dividends then sell on the 31st? Why doesn't everyone take that sure thing? I must be missing something.
