Looking for opinions on KRG

Discussion in 'Trading' started by triley31, Jan 2, 2009.

  1. triley31


    KRG goes ex-dividend on Tuesday. Their dividend isn't great but is there validity in the idea of buying heavy on Monday only to unload it a few days later and collect a few free dollars.
    I looked at a chart and they're about 60% up over down over the few days leading into the dividend payment and after payment.
  2. NoDoji


    The dividend is .20 cents. The price is poised for a pullback. If it pulls back to trend line support, it could drop $1/share. The risk seems too strong for what you want to do, IMHO.