uberrod (uberrod) wrote,

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Monday and stocks

Well after a long time, our current stock took a sharp turn upward with very high volume. This is good news. However, I'm going to sell it before it's in the black. The reason? Remember Sun Hydraulics? That was the last stock that I made over 20% profit on. Well they announced that they will be issuing a 50% dividend in stock. This means that for every two shares of stocks you own, they will give you one share. Plus there may be some money in that dividend as well. This is fantastic. So I'm going to sell what we have and buy some of that. Sun Hydraulics (SNHY) went up a couple of bucks today and I'm sure it was because of this dividend business.
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