Tuesday, March 2, 2010

How does one buy at the lowest point on the ex-divident date?

How does one buy at the lowest price on the ex-dividend date when the price is suppose to drop the amount of the dividend at the opening bell? For example, if the dividend is paid out at .50 on the ex-dividend date I want to buy it .50 lower than the day before at the opening bell. With the trading that is going on at the opening bell i don't know how to grab the lower price. Am I missing something here or is it the luck of the draw with all the computerized trading going on?
Don