How to Trade a Dividend in a Lab Setting Setting

The idea is the holding value, if it didn't do anything but sit there, you would collect over 15 periods on average 24 cents each. So that's $3.60. Well, we were getting that. We would start out way below that and then tend to go up after the second, third, after two, three. By the fourth period, why you had fundamental value falling as you used a draw and then trading value would go through that. And then so above it. When we brought them back a second time and then a third time and the third by the third time hardly anyone was trading very far from fundamental value, very, very low.

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