Long/short equity, deep value, special situations, growth at reasonable price
Long/short equity, deep value, special situations, growth at reasonable price
Contributor since: 2006
AMZN may be going after the small fish, however, looking at the stock prices, during the last month, AMZN is down over 10% with LE up over 4.8% as I write this.
Yes, it's interesting to note that in the last month LE is up almost 5% versus the S&P which is down 6.5%.
Good point. Actually the article should say "you can't sell the stock until ON OR after the ex-date" as you can sell on the ex-dividend date and still be entitled to the dividend.
You are right, the buying dividend strategy works in rising or flat markets, where the stock price recovers in a few days.
Your suggestion about buying on the ex-dividend is a good one where investors are waiting for the ex date to get the dividend before they dump the stock. This dumping causes the stock to drop more than what would typically be expected if there wasn't a dividend involved. Then you could buy the stock on the ex date and wait for the recovery. You wouldn't receive the dividend, but you could make a small profit. What you need to look for before trying this is a significant rise in the stock price on the day before the ex date (in other words, too many people buying the dividend) where the stock price rises higher than normal for no reason other than the dividend.
No. You only have to wait until the ex-dividend day to sell it. You will still be a shareholder of record and be considered an owner on the record date.
I try to avoid the appearance of trying to boost my own portfolio by touting my own stocks (like I have seen others do, especially with low cap stocks), so I try to look for interesting stocks that I would consider buying if my portfolio wasn't fully committed to other positions. However, occasionally, I can't avoid writing about my own positions, as some are very long term investments, e.g. Apple (AAPL).
One way is to check the SEC EDGAR web site. I will try to keep the Buffett purchases updated on a quarterly basis.
What is dishonest about receiving dividends? The article never claims that there is no risk. There is always risk to owning a stock, even for a short period of time. This is a technique for reducing risk because you limit the amount of time the stock is held.
That's exactly what it says as a definition "Ex-dividend date: the first day on which a shareholder can sell the shares and still be entitled to the dividend." The second sentence in the article refers to the fact that you may have to wait a day or two or longer in order to sell at a breakeven price.
Yes it is. According to Yahoo Finance, SVVC "is a closed ended equity mutual fund" more commonly referred to as a CEF.
Here is what the IRS says:
"Almost everything you own and use for personal purposes, pleasure, business or investment is a capital asset. The difference between the amount for which you sell the capital asset and your basis, which is usually what you paid for it, is a capital gain or a capital loss. While all capital gains are taxable and must be reported on your tax return, only capital losses on investment or business property are deductible. Losses on sales of personal property are not deductible."
If a lot of these companies (AAPL, AMZN, EBAY, YHOO, etc.) started paying a small dividend, even a nominal one of just a few cents per share per year, they would open up a large market of potential institutional buyers: the mutual funds that have restrictions on only buying income stocks, and trust funds which are prohibited from investing in investments that don't generate an income.
I know eBay may have partial blame but from what other ebayers have been telling me, the Post Office wouldn't even release postal rates to anyone prior to the date of the postal increase, other than nominal info on their news releeases. Prior to the rate change day, I gave up after 20 minutes on the USPS web site trying the find rate info, by I have a friend who spent a total of 20 hours on the phone to his local post office and Washington trying to find out what the exact rates were and to get clarification about packaging, but with no success.
There may be an even bigger problem looming for eBay, which won't be theis fault at all [unless they don't lobby against it.] I will be writing about it shortly.
I hear the same thing from many other eBay sellers. But this may not be the worst thing; there may be an even bigger problem on the horizon, based on what the government is considering. I plan on writing an article about it in the next couple days.
According to the CIA World Factbook, Argentina is the second largest country by area in South America and the eighth largest by area in the world. Land size may not be a significant factor in investing, but because of its large size, it encompasses a substantial and diverse group of natural resources, including oil, natural gas, timber, sulfur, tungsten, uranium, gold, silver, zinc, magnesium, and copper. [Mining exports increased 500% in the last 10 years.] They also have an extensive amount of farm land and grazing land for cattle. Parts of Argentina are even suitable for growing vineyards, making Argentina the fifth largest wine producer in the world.
This is a very old article. I actually suggested New Century as a short on March 1 in my blog:
Four days later, the stock would have provided a return of 67% to a short seller.
This is a great analysis. I agree that the link between Amazon's success and book publishers is tenuous, the fact remains that book readership must be up if Wiley's revenues are up 6.7%, Courier's is up 11.5%, McGraw-Hill up 13.7%, etc.
In most of the financial references I've seen, it has been listed as a restaurant company as opposed to a coffee company. Even on their website, it says that they compete "with all restaurants in the Quick Service category (burgers, subs, pizzas and so on)."
However, I will consider it for the next update of my list.
Thanks, will add it to my list when I do an update.
Yes, investing in the Mexico ETF is a good suggestion for a diversified play on Mexico stocks.
For McDonalds, no you don't have to show up for the meeting. You just have to be a shareholder and NOT elect electronic transmission of the annual report (i.e. you have to make sure you receive printed copies of the annual report). Same with Boston Beer Co, and California Water Service Group.
This is a great article. I wrote an article last month of the 12 reasons why Amazon stock should be up substantially this year ( stockerblog.blogspot.c... ), and I didn't even mention context ads. I think you are underestimating the potential of their context ads. With Google, all AdSense ad clicks are directed to the external websites of the companies that are advertising. With Amazon, all their context ads are directed back to Amazon.
I know. But stranger things have happened. I remember when Blackboard (BBBB) said that they didn't need to go public, they had no plans to go public and they would never go public. Now they are public.
I agree that creating a portfolio based on his increased holdings is probably the best. I'm doing some research on returns of his reduced holdings stocks versus increased holdings stocks.
Interesting observations. By the way, that was a typo for businesswoman.
Good suggestion. I will add it to my list when I do an update.
Unfortunately, for people who bought houses with nothing down or 10% down, with negative amortization mortgages, and who now can't afford to pay their mortgages [of which there are many thousands throughout the United States], the tangible value of their equity no langer exists.
This is a great observation and is what I call a Green Flag. A green flag is when you have an extremely positive personal interaction with a publicly traded compnay's product or service. [Red flags are the opposite.] I've discovered a couple other green flags with Amazon also.
Thanks for your suggestion on ZTR. I will add it on the next update. In regards to the others, ZF pays quarterly, AOD hasn't paid any dividends in the last three months that I could find, and AGD is already on my list, about a third of the way down.
It's not the Canadian Oil Income Trusts that will be phased out, it's their tax-free pass-through of income that is supposed to be phased out. The companies will most likely still be around but will be making lower dividend payments. I covered the Canadian trusts in a previous article:
I checked the returns for the five stocks (DDR, PFIS.OB, SNV, SORC, TSG) over a one year, two year, and five year period, and in all cases, three out of the five stocks outperformed. My personal opinion is that although paying for these perks may be distasteful, I think it is OK in order to retain outstanding executives of stocks that perform extremely well (not necessarily these particular stocks). Whatever the compensation is, large bonus, stock options, country club dues, free apartment, or whatever, as long as the company and the company's stock performance is excellent.
I also left out ethanol (which is providing them with a lot of income) and several other items. BNI hauls just about everything. I just tried to summarize with general categories like chemical products and petroleum products, while adding a couple of interesting commodities such as salt.
The exchange has been around for a couple years. Info on Goldman Sachs came from the company's web site and UK Yahoo Finance.