04-29-2015, 11:11 PM
(04-29-2015, 12:17 AM)Dividend Watcher Wrote: Welcome, ExDripper. Glad you joined us.
Nice list of stocks there. So why are you an ex dripper?
Transfer agents move way too slowly. Transacting on Thursdays at 2:14pm unless there's a full moon, then at 3:26pm, just doesn't cut it when trying to buy on dips, ya know?
From Snopes:
Quote:Coca-Cola was named back in 1885 for its two "medicinal" ingredients: extract of coca leaves and kola nuts. Just how much cocaine was originally in the formulation is hard to determine, but the drink undeniably contained some cocaine in its early days. Frederick Allen describes the public attitude towards cocaine that existed as Coca-Cola's developers worked on perfecting their formula in 1891:[/quote]
The first stirrings of a national debate had begun over the negative aspects of cocaine, and manufacturers were growing defensive over charges that use of their products might lead to "cocainism" or the "cocaine habit". The full-throated fury against cocaine was still a few years off, and Candler and Robinson were anxious to continue promoting the supposed benefits of the coca leaf, but there was no reason to risk putting more than a tiny bit of coca extract in their syrup. They cut the amount to a mere trace.
Read more at http://www.snopes.com/cokelore/cocaine.a...r7Eq0Hh.99
Interesting info. Thanks for posting it. I'd always assumed Coke was named such because of cocaine as an ingredient. I don't drink sodas actually, and haven't for years.
(04-29-2015, 07:37 AM)Roadmap2Retire Wrote: Welcome to the forum, ExDripper.
Like you, I tried dripping shares a couple of years ago, and got frustrated since the transfer agents take days to act. Nicely put - "it's impossible to catch hills or valleys when the transfer agent measures time with a calendar".
cheers
Yeah, there's not a snowballs chance of catching a good buy. Supposedly it evens out in the long run, but I got tired of paying too much. A LOT can happen in 2-3 days.