Jimmy66's  Instablog

Send Message
An Average guy with some ideas. Not a pro. Purely Amateur. I buy direct and with a dividends. DRIPS are my favorites.
  • Let me Explain. 0 comments
    May 20, 2010 3:35 PM | about stocks: MCD, BAC

    I am selling Bank of America Corporation (NYSE:BAC). Two reasons. One is personal and the other is I feel it has an uncertain sector.  I bought this stock for some exposure to the financial sector and a dividend. The Sector took a big it last year and they cut the dividend to nothing. I held on hoping what the pundits was saying was true. "This stock will double" will it has rebounded but it has not doubled as predicted and I feel it is time to move on. So, it will be sold soon and I will invest what I get from it in McDonald's Corp. (NYSE:MCD).  MCD is an Dividend Achiever and I love dividends. 

    Disclosure: ALWAYS LONG

    Stocks: MCD, BAC
Back To Jimmy66's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • Sold NOK. Thinking of FB IPO.
    May 11, 2012
More »

Latest Comments

  • Jimmy66 on HeLLo What did I forget.Oh yes, I bought MCD today. S...

Most Commented
  1. HeLLo ( Comments)
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.