Posted Wednesday, August 8, 2012 @ 7:00 am by Dr. Wish
7th day of QQQ short term up-trend; AAPL to go Ex-Dividend
Buying QLD and holding some long positions. Short and longer term trends remain up. AAPL goes EX- Dividend on Thursday. Will it fall right after Thursday?
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Comments ( 2 )
Matt added these pithy words on Wed, 8-8-12 at 11:33 amIf you use efficient market theory, then yes AAPL should drop in price due to the dividend as actual value is removed from the share. It should be an interest in magnitude rather than a question of direction.
Steve added these pithy words on Wed, 8-8-12 at 7:04 pmWill be interesting to see if a 2.65 dividend will have any impact on a 620 stock. I doubt it.
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