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Author:

Jam ok

Subject:

Off Topic

Date:

07/13/16 at 1:01 PM CDT

 

 

READ: 4

RPLY: 1

0

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Sentiment:

Neutral

Reply to:

MSG`#3832,`07/13/16
By LongTerm CapGains

 

Re: I am ticked off ...

lt cap,

Bummer about NOK releasing the dividend and the Samsung news on the same day. They have really acted obliviously to shareholder's interests - and especially in the US - the whole idiotic deal where you sold your old ALU shares for an unwanted profit or loss and then buying NOK shares really teed me off - and likely everybody. I hope maybe you were able to catch the brokerage where the dividend was 'trickling in' and rescind your buy order.

My brokerage's info on NOK (not reliable at all - they suck as a brokerage) showed the payout date of July 12th. It also showed a .30 jump in price - which I assued it matched the dividend, which was .29 cents. Although I thought the dividend hit was on the ex- date, not the payout date. Then I read the Samsung news.

I understand that buying more NOK with a very sizeable dividend must feel terrible. But, as you say/imply, your holding are so large that the .30 goose to existing shares must be sizeable.  I've found holding a stock where a movement of even a few pennies moves the needle measurably unsettling, making for manic-depressive mood swings :-) Let's hope NOK has a lot more days like this. And where we're fully in charge of buying and selling. 

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