The holder of shares purchased ex rights is not entitled to already-declared rights, but is entitled to future rights issues.
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Flying Plateau
A flying plateau is a pattern that forms after a stock has made a strong move up. Strong stocks will consolidate gains sometimes in a flat, sideways pattern in a tight range instead of selling back. This is a very bullish pattern, especially if it is formed on low volume. Picture a 45 degree rise and then a move sideways for several sessions. Strong stocks tend to rest in these patterns, and then start another leg up.
GARP
Growth at a reasonable price. A strategy of buying stocks whose price/earnings ratio is equal to or less than the estimated annual earnings growth rate.
Ex Dividend
The holder of shares purchased ex dividend is not entitled to an upcoming already-declared dividend, but is entitled to future dividends.
Ex-D Date
Ex-dividend/distribution date. The date that the buyer of a stock is not entitled to the upcoming declared dividend/distribution, because the buyer will not be a holder of record. The ex-d date is two clearing days before the record date. The exchange that the issue is listed on sets the ex-d date.
Growth Stocks
Companies with consistent annual earnings and sales growth of at least 15%.
Free Cash Flow
Operating cash flow minus amounts spent on plants and equipment and minus dividends.
Ex Right
The holder of shares purchased ex rights is not entitled to already-declared rights, but is entitled to future rights issues.
Generally Accepted Accounting Principles (GAAP)
Accounting rules and procedures established by the Financial Accounting Standards Board, an independent self-regulating organization.
Guaranteed Investment Certificate (GIC)
A deposit instrument most commonly available from trust companies or banks requiring a minimum investment at a predetermined rate of interest for a stated term, such as one or five years. GICs are generally non-redeemable and non-transferable before maturity.