If one owns 6000 shares KO, would it be wise to use drip (as always have) or invest on my own? Having taken over the stock from a broker who used DRIP, I noticed that last April, I got less dividend because stock price was $47.00. Because I watch charts daily, wouldn't it be wise to invest when KO is down and before ex-date. However right now KO is going up..so waiting for a drop before 3/11/2017. In the end (long term), I do not know if it makes a real difference. I have handled my own stocks for only a few months. I'm sorry, I haven't taken a course yet on what to watch.,i.e., earnings.etc.
If I have 12,000 shares of KO, 1 or 2 pennies up or down is hundreds of dollars. I have lost 40K this year so am trying to buy low. brokers don't focus on trade price with reinvesting.With F, I bought @11,00./ share X3 this year,even though chart does not show it dropped that much..I am patient. BUT KO ex date is around 3/11. I have a large bid @40.52...Maybe I will raise it but now now..Will the lower earnings cause people to sell? Can one anticipate if KO will drop before 3/11 or keep rising?