Re: NSC Dividend
Notice this stock got down in low $60's when some analysts said coal would be used less and less as other cleaner fuels would be used in the future....
Some one made a bundle here on the way down..... and then on they way back up.
Or am I the only one who thought manipulation when I first heard this report of CNBC ?
And I am not surprised at the run up when a little reason returned to the market.
I think the yield was pretty good at the bottom of that sell off.
When I am more active trading I look for irrational or illogical reasons for selling off a stock... you can make money on the way down... or when it rebounds. Watch for the next target the big boys set up... and exploit the opportunity they create.
Notice... like with NSC ... you do not always have to be the very first to the party to make some good size profit in a short time frame.