10.11.2010

Verizon Sold

I had originally bought my shares of Verizon for the 7% dividend. I checked the other day (October 5th, the day before ex-dividend date) and I was up more than 20%, so I sold my entire position. I figured it was like getting three years of dividend payments early, so I got out. I'll wait to see if it falls a bit post-dividend (maybe not now that the iPhone is officially coming to Verizon's network).

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