EPISODE · Dec 10, 2005 · 36 MIN
NEW - New Century Financial Corp
from Value Stocks and Investing · host Michael Salvucci
2005-12-10 NEW is trading at $36.00 right now. This upcoming Friday is options expiration day and the maximum pain is $35.00, which means, the stock is probably going to drop a buck between now and December 16, 2005. However, the January max pain is around $45 and falling. With new contracts being added every day, perhaps, It'll fall all the way down to $35 again. I dunno. Perhaps you can make some money between this differential. It'll also be paying a dividend for those who hold the stock around January 18, 2006. CORRECTION: The dividend for the fourth quarter will be paid Jan. 30 to shareholders of record on Dec. 30, the company said. Per: http://biz.yahoo.com/ap/051216/new_century_dividend.html?.v=1
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NEW - New Century Financial Corp
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