Well I can tell ya 2.90 better hold. Pretty sure if you check the charts posted yesterday we pierced the 2.93 and now 2.92 which means a test of 2.90 is in order and the up trends are broken and we've moved into the $3 to $2.90 channel.
Well I can tell ya 2.90 better hold. Pretty sure if you check the charts posted yesterday we pierced the 2.93 and now 2.92 which means a test of 2.90 is in order and the up trends are broken and we've moved into the $3 to $2.90 channel.
I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT
Regarding your "paid on the 28th" statement, I have a margin loan balance in one of my accounts. The arrival of the dividend will probably reduce my margin loan balance-automatically. In other words, I won't have a margin loan (amount unchanged) and a cash balance reflecting the dividend amount.
I would love to have the cash (i.e. the dividend) and have the margin loan remain unchanged. Any thoughts on how this would play out given the above?? Any comments would be appreciated
The more cash you have in your margin account the higher the margin you have available to buy on margin. The reduction in the loan amount means that you have more available to borrow thus the increase in cash from the dividend lowers the amount borrowed giving you more to borrow on future purchases if you so choose.
Cool Sparky. It's a quick and effective read...let me know what you think when your done!
Here's what I'm looking at with SIRI right now....an ascending triangle with a potential move of around $.65
EDIT: The question is, will the breakout be to the upside or the downside?
SIRI 2012-12-27.jpg
I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT