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re: Cracker Barrel (CBRL) 52 week low today, $1.30 dividend, goes EX-Dividend tomorrow
Posted on 4/15/24 at 2:50 pm to Jjdoc
Posted on 4/15/24 at 2:50 pm to Jjdoc
I can tell you as a person who has owned and followed this stock for a few years it may go up 10 dollars or more in a small stretch but after that run it usually finds another 52 week low back on its way back down. I wouldnt boast to much about this stinker. 
2
Posted on 4/15/24 at 3:21 pm to FLObserver
Thus the old rule. Take your profit. If they got this for the divi, and they had 100 shares, they added roughly $300 to their total profit.
People that play the dividends are not normally going to hang onto it.
People that play the dividends are not normally going to hang onto it.
This post was edited on 4/15/24 at 8:08 pm
Posted on 5/7/24 at 9:06 am to FLObserver
quote:
I can tell you as a person who has owned and followed this stock for a few years it may go up 10 dollars or more in a small stretch but after that run it usually finds another 52 week low back on its way back down.
I don’t own (never have) or follow CBRL. But it just popped up on my news feed that shows stocks hitting fresh 52 week lows: 53.85 a few minutes ago.
Buying a stock just to capture the div isn’t something that I do. But if one wants to own the stock anyway, and it’s a longer term investment play, there’s nothing wrong with buying it pre ex-div. But attempting to short term trade, with the ex-div as the trigger for going long… not something that I’d do. But again, I don’t consider myself to be a stock trader.
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