The running of the bulls! (Stock market trading thread)

Halfway · #**341** 08/07/12, 11:06 AM

WFC pre-ex-d date ( 8 aug). They will bump their dividends shortly as well for a near 3.5% rate. Targeting 40 plus over the next 10-12 months. Good long position in the strongest of banks.

frogmammy · #**342** 08/08/12, 01:33 PM

KELYA was nice today!

Mon

Marshloft · #**343** 08/08/12, 05:36 PM

Whilst my money was being settled, I had to set on the sidelines, I had "DF" Dean Foods on my watch list,,, guess we all missed that one,, up 5.00 today,,, dang. Based on the charts,, it was a definate buy at 12.00. Now its at a New High,, can't chase it now.
Another stock I've been watching,, "CREE" havn't decided to jump in yet, still pondering,, it was up 2.00 today,, maynot be too late for "CREE".
I'm good to go tomorrow,, all settled up with cash.
GH

Marshloft · #**344** 08/08/12, 07:27 PM

Quote:

Originally Posted by clovis

Oh, and BTW, bankruptcies for public corporations make me a little mad.

Instead of having one BK judge determine that all the old shares are worthless and void them out completely, I think the old shareholders should be awarded the book value of the business.

For instance, my GM stock was voided out completely, and I basically lost everything. Why did the new GM get to keep all the tooling, buildings, manufacturing, trademarks, and existing business...while at the same time, got to issue an IPO for a new company???

GM was still selling cars during that time...why didn't I get a little piece of that? Think about how much the trademarks of "Chevy SS" and "Corvette" are worth. I think the new GM should have been forced to buy those assets from the old GM, and that money should have been paid to the old stockholders.

Please remember that I am only using GM as an example. Every year, BK's of corporate companies are being decided by one judge and teams of lawyers. Anyone remember the K-Mart BK?

As shareholders, we own that business. They take our money, but we have no rights whatsoever.

I strongly believe there needs to be some serious reform in shareholder rights in regards to BK.

Clovis,,, you got robbed,,, and that scares me.
I got downright lucky..
GH

willow_girl · #**345** 08/09/12, 10:39 PM

Well, I dumped FUN today for a profit of $128. It had been wobbling a bit lately, which made me nervous.

It reported before market hours, and looked good ... it beat analyst estimates by 37 cents!

But sometimes stocks will tank even when the report is positive ...

I didn't think it would go over $33, so I set my sell at $32.98 ... which appears to have been a pretty good guess, as it peaked at $33, then dropped back to $32.13, ending the day down by 17 cents.

Not sure whether I should push my luck by buying it back on the next dip ...

Tally for the year: $2319!

Marshloft · #**346** 08/09/12, 11:19 PM

Ya did good girl,, and you're asking me for tips?? ha ha.

**clovis** · #**347** 08/11/12, 08:48 AM

Quote:

Originally Posted by Marshloft

Clovis,,, you got robbed,,, and that scares me.
I got downright lucky..
GH

All shareholders in publicly held companies get robbed when the company files BK, at least IMO.

willow_girl · #**348** 08/11/12, 08:34 PM

Not so fast, Marshy!

My RNDY crashed and BURNED on Friday after missing expectations by 1 cent and announcing lowered expectations for the rest of the year. The stock dropped $2.52, more than 25 percent!

I had been about $70 upside-down before the report, but decided to hang on ... I didn't expect the slide to be so bad. I lost $488.

But the upside is the company still is expected to pay a 23-cent dividend (which is crazy as the stock now is valued at $7.70!

) So I think I'll keep it for the dividend, as long as it holds up ... a $1,542 investment that pays $184 a year isn't such a bad deal AFAIC.

willow_girl · #**349** 08/11/12, 08:36 PM

Oh, this is for you, Clovis!

Best Dividend Stocks: 2012 Q2 Update - Seeking Alpha

**clovis** · #**350** 08/12/12, 09:09 PM

Quote:

Originally Posted by willow_girl

Oh, this is for you, Clovis!

Best Dividend Stocks: 2012 Q2 Update - Seeking Alpha

Thank you!!!!

I really like Seeking Alpha for different perspectives.

**clovis** · #**351** 08/12/12, 09:13 PM

Quote:

Originally Posted by willow_girl

Not so fast, Marshy!

My RNDY crashed and BURNED on Friday after missing expectations by 1 cent and announcing lowered expectations for the rest of the year. The stock dropped $2.52, more than 25 percent!

I had been about $70 upside-down before the report, but decided to hang on ... I didn't expect the slide to be so bad. I lost $488.

But the upside is the company still is expected to pay a 23-cent dividend (which is crazy as the stock now is valued at $7.70!

) So I think I'll keep it for the dividend, as long as it holds up ... a $1,542 investment that pays $184 a year isn't such a bad deal AFAIC.

I'm sorry to hear about the pounding you took on RNDY.

I have been pondering a small position on this stock, not only for the dividend, but for a short term play as well.

Are you thinking about taking an additional position in RNDY?

It will be interesting to see if this stock gaps up in pre-market trading tomorrow morning.

willow_girl · #**352** 08/12/12, 09:37 PM

Right now, eTrade has it up 6 cents in after-hours. Big whoopee!

Ah well, gotta take the bad with the good ...

Even if you subtract the two stocks I'm down on but haven't sold, I'm still up more than 13% net (after trading fees) for the year, so I'm not gonna gripe!

And ... the opera ain't over until you hit the 'sell' button! I was down on three stocks at this time last year, and all made good eventually. One -- WLK -- is having a banner year, although of course I sold it already.

I probably won't dig myself any deeper with RNDY, although I have another buy in mind for tomorrow morning. We'll see how the winds are blowing in the ayem.

**clovis** · #**353** 08/12/12, 10:58 PM

I am seriously considering a small position in RNDY on this significant pull back. The stock could easily bounce up $1 this week. I have concerns about the sustainability of the dividend, and whether it will be cut.

I had originally wanted to buy WHZ, a royalty trust, for it's stellar dividend.

If I'm at the computer in the morning, I might make a move...I am very torn right now, and I might not buy anything at all.

Marshloft · #**354** 08/12/12, 11:55 PM

Other than seeing a stock with high dividends as a potential solid stock,,, is that your ownly priority?
I've never cared before (due to ignorance on my part) about dividends. But now I do look at them for potential as a solid stock investment,, but not as a dividend residual.
To me,, I have always thought,, if they have enough money to shell out dividends,, they should be putting that cash into R & D. Which would in turn,, come up with new products,, hence,, a higher stock price.
You all need to enlighten me.
GH
ETA: Is it the board of directors that decide if excess money's be given in dividends vs spent in R & D.?

**clovis** · #**355** 08/13/12, 09:50 AM

Yes, dividend stocks, at least for me, is my primary priority.

The dividend stocks that I buy, for the most part, have to be very solid companies with a super strong dividend history.

I recently figured that if you invested $100 in a stock that yields 5%, and reinvested that 5% every year, you would have $262 in 20 years. It is the compounding interest that works in your favor. While my math might be off a little, you see my point.

While entire books have been written about investing with dividend payers, they are boring. Sometimes I am green with envy reading about how the other posters on this thread made a $300 profit in 3 days, but high yielders with solid histories tend to be safe and conservative.

I do see your point about companies and their R&D, but remember, the dividends are paid after they've spent millions and billions on R&D. Just think how much these corporations spend or blow...corporate jets for the CEO's, lavish travel, tremendously huge expenditures on buildings and capital expenditures...and they still have the free cash to pay healthy dividends.

It shows how much profit there is in some businesses, doesn't it?

At the same time, I'd argue that more companies need to be paying dividends. Take Sprint for example. I read that they have $8.1 Billion in cash reserves, but they aren't paying a dividend. Why not?

Marshloft · #**356** 08/14/12, 01:24 PM

Remember "WWWW"?? Its dropping today, I don't see it going back to 15. again,, may be a buy at 16.50ish this time.
Worth keeping an eye on for those who trade on a 3 day upswing.
Down to 17.12 as we speak. oops,, 17.10 now.
GH

willow_girl · #**357** 08/14/12, 01:33 PM

I bought DLTR yesterday ... caught the falling knife! LOL

I'm about $15 to the good today. It reports soon, so I'll be keeping a close eye on it.

I have liked this stock for awhile, but it got too pricey for my taste. The 2-for-1 split in June made it more palatable.

Marshloft · #**358** 08/14/12, 03:50 PM

Quote:

Originally Posted by willow_girl

I bought DLTR yesterday ... caught the falling knife! LOL

I'm about $15 to the good today. It reports soon, so I'll be keeping a close eye on it.

I have liked this stock for awhile, but it got too pricey for my taste. The 2-for-1 split in June made it more palatable.

DLTR is still too pricey for me,, looks as tho you did good tho.
I was watching
SYNC" this afternoon going down,, thought it was a buy at 8.12,, almost pulled the trigger. But waited it out,, got in at 7.71
Oh yeah,,, can one go wrong on "KCG" at 3.00? I did it. "again."
GH

**clovis** · #**359** 08/15/12, 10:05 PM

I bought WHZ today. Stellar dividend yield. It is an oil and gas royalty trust. Let's hope it pays okay in the future.

willow_girl · #**360** 08/15/12, 10:51 PM

DH took a quick trip on Sprint ... bought it yesterday and sold it today. IIRC, he made $176 off 1,000 shares. He was mad, though, as it kept going up after he sold it! He said he "did a Willow today."

My DLTR is getting beat up a bit ... it reports tomorrow before the market opens. eTrade is showing it as gapping up $1! I hope so.

Arrghh ... well, it beat by 4 cents on 2Q profits up 26%, and now it's gapped down more than $3.