I hope your new job prospect is going well for you & your family. My prayers are with you, and I appreciate the hard work you do for us in Logical Investor.
My question is about an upcoming dividend for MBT. Soon it will announce the dividend amount. It seems that I have to be holding the stock for at least two days before that date. How soon can I sell the stock and still be eligible to receive the dividend? Can I sell anytime on the ex-dividend date, or do I have to wait to sell the day after? I noticed that some stocks prices drop right after the ex-dividend date.
Right now, MBT the stock is heading higher, wave 3, (as you said before). The tremendous volatility of the stock is a consideration for me selling it as well. At least, I would think so. I am only slightly up on the stock right now, and that is taking into account the last years' dividends. It might reach a sell point before this years dividend announcement. Is it better to sell a stock when it is up 25-20%, or wait for the ex-dividend announcement? It is very close to the dividend date, but may not be wise for me to wait to sell if this stock reaches a larger margin of profit. What do you think?
Thanks a lot.