Short
Short MGL
Currently, MGL has been running since dividend was declared. As per mean reversion theory, the stock would come back to the mean in the long run.
On Ex-dividend date, a lot of traders would square off their position as they would have become eligible for receiving the dividend.
On Ex-dividend date, a lot of traders would square off their position as they would have become eligible for receiving the dividend.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.