Yeah, that was less than two months ago. I sure am glad I've stayed away from FAZ and FAS both in CAPS and RL.
Why does CAPS attribute the dividend when it's announced? Example I have an alert in my box today saying RIO (vale) has payed out a dividend of .22 per share and my start price has been adjusted. The thing is RIO has not payed out a dividend of .22 per share. The payout date is the seventh of May. The record date isn't even until 20Apr (Monday), so why am I already getting a CAPS notice and a score adjustment? If a player wants the score adjusment that comes with a dividend payment shouldn't they have to wait until at least the dividend record date to bank that gain? I don't think players are really gaming the CAPS pre-dividend payment score adjusment by closing their picks after caps gives them the bonus but pre actual record date, but it bugs me... because it's inaccurate... n' stuff... [more]
Doesn't that mean we get the all clear for it to at least kiss 900? I'm not really a hard core technical analysis guy, but that's kind of how it looks to me.