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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Posted by Bestbank Tiger

Premium Member

Member since Jan 2005

71776 posts

Posted on 5/7/24 at 12:38 pm to Jag_Warrior

quote:
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.

I've been dividend capturing recently. I just make sure I don't mind getting stuck with the stock. After the record date passes I set a limit order to sell.

Been doing OK with that so far.

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Posted by FLObserver

Jacksonville

Member since Nov 2005

14522 posts

Posted on 5/8/24 at 4:40 am to Jag_Warrior

I have been out of this stock for a while but figured i would pass my experience with it to others in hopes they would stay away. It was only a matter of time before this found another 52 week low.

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