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yes, youre right, thought it would bounce at 313p, you sold within a penny of the peak, still looks like its within a range of 277 to 320, this time it has reflected the 4p div drop, theres also been a downgrade to oil demand from iea, and stimulus in us not smooth. i nearly sold at 313 but my time frames are longer and im more cautious about being locked out and not buying back in for future returns, ive also not on margin, theres a risk this can be impulsive upwards, possibly a blow off top if/once sp500 makes new highs, theres a possible reopening trade/realignment, airlines went up 30% in days again, but theyre retreating all be it more than bp/shell, iag & easyjet down 6-7% today. us election could have implications especially for oil i would think, if theres loads of liquidity/stimulus leading up to election, im guessing selling leading up to this might give opportunity to buy back cheaper,oil may not be treated favourably, but if reps win im guessing markets could rise again, incl oil, maybe, did wonder if we may have got to 320p by fri 21st aug, after a smaller bounce down from 313, still think this third 5 wave up on sp500 is probably not complete yet and therell be a several percent correction on the third abc down since march lows at some point soon.
8 p drop at the opening, 4p drop from US cession combined with 4 p from the divi. People who sold can buyback with a profit. Easy to say after the fact. I am holding for the next 2.90.
Lol BigB
Usually after the third line I have an identity crisis, "retrace" right after and think I need to learn.
In shame and sense of inedeguacy I go back and review balance sheet numbers and deals on the pipeline.
appologies posted under wrong thread title, yes it helps, though theres lots of guess work, a lot of pivots are on lines with gradients to other pivots, and channels are usually sloping not horizontal, im not trading as such, but holding long term but trying to sell and buy back and take advantage of dividends, i noticed last quarter the div didnt make difference to price, ive bought all mine below current price on average, where a trader would look to book a profit, im trying to improve holding average price while not losing out on ownership otherwise id have to buy loads at a higher price, trying to look at swings now and again where i can buy back cheaper all going well, a trader will want to take profits whereas im balancing long term benefits of possibly more than doubling in a decade excluding gains from selling and buying back compared to other mainly much lower long term returns available. I do think theres risk though in long term from the global warming litigation lobby, it seems absurd given co2 seems to be overwelmingly to have been shown to help crop growth, and the link to warming only a theory, i would have thought planting loads of trees would have been the sensible approach instead of all of the economic impacts of policies.
''may be having another go at the upwards line again, line is now at 312 on the 4 hourly, has just moved a bit above again, that gradient goes back to the march lows, each time the support line at that angle broke, a new line was formed below it at same angle, makes me wonder if it might even eventually go back to original line at that slope to march lows, is around 330ish now, I think theres still possibility it could get to 320ish but if not and it rolls over first, at least I get 4p per share div.''------------------------------------------------------------------------------------------------------------Not trying to be smart here, but have you ever actually made any difference to your profits by following this stuff?.Reading it makes me dizzy.
may be having another go at the upwards line again, line is now at 312 on the 4 hourly, has just moved a bit above again, that gradient goes back to the march lows, each time the support line at that angle broke, a new line was formed below it at same angle, makes me wonder if it might even eventually go back to original line at that slope to march lows, is around 330ish now, I think theres still possibility it could get to 320ish but if not and it rolls over first, at least I get 4p per share div.
We do this every quarter, don't we?
If you don't own this all day but buy it five minutes before the close, you'll get the dividend. If you own it all day but sell it five minutes before the close, you won't get the dividend. What you do on the ex-div day does not matter. Buy, sell, trade, sell your body on the streets for shares, it doesn't matter, if it is on the ex-div date it has no impact on whether you get the dividend.
You must decide before the close today if you want the dividend or not, and act accordingly. If you want it, hold or buy. If you don't, sell.
Sold 3.12, Dow Jones is struggling , GLA
What do you mean though? - "I wouldn't fancy that though, it would take complete confidence in the market!!"
1) Because you wouldn't have faith the record would be correct
2) Because you anticipate a sell-off tomorrow morning such that the difference between buy and sell would be greater than the profit on the divi?
Cheers
even during after hours, you cannot sell today if you want the divi.
''So presumably, as long as we own at some point today we are fine.'' You must own them at the close of play today.
Correct.
The record is taken today, after close of business.
Goes ex-div tmw, before start of business.
So technically, you could buy today at 16.15, and sell tmw at 08.15, and you would get the divi.
I wouldn't fancy that though, it would take complete confidence in the market!!
Correct me if I'm wrong but you only have to own the stock at some point today right. The post that said you needed to have owned it today (12th) ALL day is wrong.
Ex dividend is tomorrow (13th), record date is 14th.
(https://www.bp.com/en/global/corporate/investors/information-for-shareholders/financial-calendar.html)
"The ex-dividend date for stocks is usually set one business day before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend."
So presumably, as long as we own at some point today we are fine. We don't need to have held all of today?
Please validate.
Yes, but whatever you buy tomorrow, you do NOT get the divi.
You have to own the stock today all day for the divi, you can sell tomorrow and still get the divi.
I am keeping 43% for divi and managed to sell the rest at no loss. I am now holding BP at average weight and allows average down if things do not go well in the winter.
record date is TODAY.
Tomorrow is EX Divi date
Correct. Divi dodge versus divi hold day (or a bit of both).
Hello chaps. Just checking...we need to be holding at 4.30p.m. tomorrow to receive divi? Thanks.