![]() |
Quote:
|
Stocks I'm glad I sold ... BRCM is down almost $6 a share from where I cashed out in late March! :teehee:
|
Crossing my fingers,,, Hanging onto 150 shares of "WWWW". sliding sideways,, I'm down .40... Tomorrow they report their quarterly profits. Where's the chewing fingernails icon when you need on.
GH |
Yeah, that's a nail-biter all right! I see they were up over $18 as recently as last Thursday ...
Seeking Alpha has some analysis ... WWWW: The Case Of The Non-Cash Cash Flow - Seeking Alpha The comments are interesting, too. |
Up a little bit, Marshy! :D
I've been keeping an eye on IRBT. Almost bought some this morning ... glad I waited. :teehee: |
Yeah, it's really taking a dive right now! If it hits 20 I'll get back in.
Mon |
I don't know what to think of this market.
Just two months or so ago, everyone was saying "Sell in May, and go away." It seemed like every TV personality and every financial market writer was reporting something that said the market would crater again this May. Now, after a significant rally, I keep hearing the same news: Europe is a devastating mess and can't be fixed, the economy is horrible, and even Cramer says the "market is really thin, and this rally is only people covering their shorts". It is getting hard to find a bargain on high yield dividend stocks. I still have a little cash on the side lines. Are we headed to Dow 14,000? I'm still waiting for significant corrections and Dow 11,000...which is where I thought we would be right now. Thoughts, anyone? |
Heck if I know, Clovis!
I had intended to get out in May, too, but here I am ... :shrug: I think there is a lot of money on the sidelines right now ... not just among investors, but in business, too. When Romney is elected (and he will be) we will see the floodgates open. Right now, businesses are very wary of the regulatory climate ... they're waiting to see what will happen in Nov. I expect Romney to be much more business-friendly, and he's already pledged to roll back Dodd-Frank, which will allow much more risky wheeling and dealing in the financial sector. All this lends itself to a run-up in the market, IMO ... I'm trying now to position myself for the future without worrying as much about short-term gains. It is hard to change strategies, though! |
Quote:
Shutting your ears is a learned trait. I'm a "chartist" I search for the right charts I'm looking for,, then research the stock. Doesn't always work,, but,, we all have out differing methods. GH |
Quote:
Today they reported .02 ahead of estimates. I noticed in after hours trading, they went up to 16.50,, closed at 15.50,,, hard telling where they'll be in the morning. I read the report you provided,,, TMI. I'm no accountant,, don't claim to be. It seems,, for every analyst that see's one side,, another see's something totaly different. One thing I've found,, Charts never lie or have an opinion. GH ETA,,, An employee came up to me yestarday and stated he had 1400. wanted to know where to invest it and wanted to see my watch list's.. I told him,,, "CRUS" Told him he could get 50 shares at 28,,, he found something else,,, this morning, "CRUS" was up 6.00.. Go figure... |
Wow! :eek:
Umm, got any hot stock tips for us today, Marshy? :teehee: |
Quote:
Guess I'll hang onto WWWW for awhile and keep the rest in cash. And you?? GH |
Wanted to add,, I did find something new to look into as I was searching,, Gonna be something I havn't tried on a stock I'm unfamiliar with. I'll let you know if it works more than once. Or at all and I'm left penniless. But in this market,, which we should all know by now,, is not your daddy's market.
Think outta the box. What hinders me if I'm wrong on a stock,, {I can live with that} its having to wait 3 days to settle before I can use that money again. Wasn't that way years ago. GH |
Well,,, stay within the box I say after today,, I made good on wwww. But I messed up big time and I need someone who knows about bankruptcy laws and stocks to give me some advice.
I bought a stock this morning,, this after noon,,, an executive of the company mentioned filing for reorganizationak l bankruptcy. What happens to a stockholder in that event,,, assuming,,, its too late to sell and take my losses. GH |
Oh geez! That does not sound good at all ...
I have not had any experience along those lines, but would probably try to dump it ASAP. :( I see IRBT had a nice run today; did anyone get in on the action? (I'm still on the sidelines.) |
Quote:
Those shares went up and down everyday. I wonder if someone was pumping and dumping those shares, because I kept reading articles warning would-be investors that the stock was worthless. I finally dumped my shares, and the next day, they skyrocketed up another .84 cents a share, so I missed out in a big way. Of course, a new GM stock was created, with no ties to the previous GM stock, and an IPO was issued. |
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. |
Things didn't turn out as bad as they could have,,, I was one sweatin puppy tho.
On the good side,, I sold "WWWW" today for a 300.00 profit. Yesterday on the other hnd,,, I pulled a stupid, Look up "KCG" in the news and you'll see what I mean. Anywho,, It took a major dump wed. from 10 or so,, down to the hi 6's Thursday I saw that it opened at 3.21 , well,, it started to go up,, went past 4.00,, I said self,, if it goes back down below 4.00.. I'm jumping in. It did,, I jumped in at 3.95. For 500 shrs. Well,, you guessed it,, I went back to work and came back in the office,, it was down to 2.97, I was so far past my 8% stop rule,, I just walked away in discust at myself. It went all the way down to 2.27 . I was down 700. at the end of the day. Did I say I didn't get much sleep? The next morning,,, it opened a little higher,,, felt some relif,,, I said self? If it just gets anywheres close to 3.64,, I', sellin,, I'm still up for the day with "W",, I can take an 8% loss. Finally,, I got to sell at 4.05 this afternoon about 5 min. left to closing. Once you read up on the news about Knight Capital,, you'll undersatnd my question yesterday and why I was sweating it. So,,, all in all,, I'm good to gor for next week with the profits from "W". Now,, with all that being said,,, If KCG gets its financing in order come Monday,, I think it will do fine. But,,,, after the last 2 days??? I'll let you reap the reward in the event it goes back up. As for me,,, I'm going back to what I know. Y'all have a great week-end.. I am, Now. GH |
So, I'm wondering....I've got some shares in different things that have started going up nicely and I'm going to have to keep an eye on them so I can sell at the right time...
BUT....I'm going fishing the weekend after next and will be in the middle of Lake Michigan Salmon fishing when the market opens that Monday.... So, I'm wondering....do you think if I take my laptop I'll be able to follow the market ok? Mon (decisions, decisions!) Oh, and no, didn't go for IRBT, not down enough yet |
Quote:
The chart for IRBT is a little difficult to decipher. About the time it comes to a top,, which is impossible to determin,, it falls as much as 5.00 to 9.00 respectivley. Wow You are below your 50 day mov. ave. and just barely above your 200 day mov. av. 20.00 is your new floor,, where as 25.00 is your new ceiling. You also have a RS,, "Relative Strength" of 19,, with 99 being best I just read where defense cuts could impact IRBT,,, just be careful. Before I leave,, compare this chart with yours.. RS "Relative Strength 95. http://research.investors.com/StockR...mbol=WWWW&src= Do you remember wheer I mentioned, wwww was a buy at 15? 19 to 20 seems to also be its ceiling during its base period. I don't have any faith in the BIG Market,, so I sold just under 18.00 If I leave something on the table,, oh well GH |
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.
|
KELYA was nice today!
Mon |
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 |
Quote:
I got downright lucky.. GH |
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! :eek: But sometimes stocks will tank even when the report is positive ... :teehee: 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! |
Ya did good girl,, and you're asking me for tips?? ha ha.
|
Quote:
|
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! :eek: 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! :eek: ) 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. :shrug: |
|
Quote:
I really like Seeking Alpha for different perspectives. |
Quote:
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. |
Right now, eTrade has it up 6 cents in after-hours. Big whoopee! :rolleyes:
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. :doh: 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. ;) |
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. |
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.? |
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? |
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 |
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. |
Quote:
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 |
I bought WHZ today. Stellar dividend yield. It is an oil and gas royalty trust. Let's hope it pays okay in the future.
|
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." :pound:
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. :D Arrghh ... well, it beat by 4 cents on 2Q profits up 26%, and now it's gapped down more than $3. :sob: |
| All times are GMT -5. The time now is 03:50 PM. |