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Re: I am ticked off
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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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