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as i am still new to investing, i haven't followed a dividend paying stock until i bought my first recently.

do dividend paying stocks often go up before the dividend date and then drop afterward? it seems like it would make sense for short term investors to want stocks right before the dividend and then get rid of them right afterward.

also another question i'm going to throw on here is exactly what people mean when they say "long on CNXS". this may seem like a really dumb question, but does "long on CNXS" mean that you're ALREADY long, or that you're PLANNING on holding it long...i assume it means you're already long, but am just asking for clarification...

thanks,
pres (who just reinvested his first dividend, and who assumes he's short on CNXS, but eventually will be long...)
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