Dips And Pullbacks: Opportunities Or Sucker Punches? [View article]
Thanks for another good article Mike. Just to share my similar experiences with these two companies ...
I finally gave up on INTC and sold out since I now believe that I made irreversible mistakes in the timing of my INTC buys/prices. In other words, my GE experience was with INTC instead of GE. I might buy INTC back eventually, but don't expect that to be any less than a year from now.
As for GE, I just recently added to my holdings so my average price is now up to $20.50. I was anxious to increase the size of my position precisely because GE has been the laggard in my portfolio lately and I'm convinced that will change soon after the next big news announcement that I believe will come soon (acquisition, divestiture or spinoff ... I won't count the coming dividend increase unless it's increased by more than I expect).
Just for context, I'll mention that this is my second time as a GE holder, after selling out at a nice profit in mid-2008. Personally, I consider the pre-2008 GE and the post-2009 GE two different companies so I'm not at all concerned about it going back to $6 (and I never use stop loss orders). Don't get me wrong, I absolutely do see risks with such a globally exposed company, but I think GE is in a safer stage of its repositioning than INTC.
BP Vs. Halliburton And The Legacy Of The Gulf Disaster [View article]
Thanks for sharing your perspective, Jody. I too would like to know the answer to Ray's question.
I'm a HAL holder with an average price of $33.50 and, even though my last buy was at $40, I don't plan to buy more at current prices either. I was only willing to buy at $40 because my previous average price was so low and I wanted a larger position in case the shares do jump to the mid-50s some analyst are predicting sooner than I expect. In other words, I agree with your conclusion that HAL is a bit risky to buy here and would just like to understand the rationale that led to your conclusion.
Kroger: A Consistent Performer With Further Upside Potential [View article]
I couldn't agree more. KR has been very good to this investor. It's funny to me that so many investors overlook this outstanding company with top-notch management because they're too busy chasing the "sexy" stocks to the bottom or think the fad of separate stores that only sell health foods is going to put traditional grocers out of business. What a joke! KR from below $20 to above $30 is good enough for me.
Finally, a voice of reason as I sit here and listen to a talking head on CNBC insist that US citizens should be terrified because our FDIC deposits in US banks will soon face Cyprus-like mayhem. The fact is that, however stupid it may be, the Cyprus debacle is the result of a unique set of circumstances with nothing in common with the US.
What It Means To Buy A Blue-Chip Consumer Staple Stock Right Now [View article]
Good stuff, as always, thanks. Just in case you're not already familiar with it, Trefis is a useful site for investors who consider intrinsic value very important.
Looking For High Yield In Out-Of-The-Way Places: Business Development Companies [View article]
The Street consensus seems to be that TCAP shares are currently fairly valued so they'll probably trade with minor variations from the market until that changes or is proven wrong.
Looking For High Yield In Out-Of-The-Way Places: Business Development Companies [View article]
Indeed, I often observe that the hurried times we live in seem to have caused many to develop an attention span that's insufficient to travel the arduous journey from start to end of a sentence.
Thanks much for the link.
For our trip back to the nineteenth, remember to add a few select vaccines to the travel pack. ;~)
Looking For High Yield In Out-Of-The-Way Places: Business Development Companies [View article]
FYI, The rest of us are thinking what Mike stepped up to say. The odds that everyone else is wrong are rarely good. Everyone who has commented on a thread gets notifications every time another comment is posted ... regardless of how much it contributes. I try to be considerate of that fact and appreciate others who do the same.
Dips And Pullbacks: Opportunities Or Sucker Punches? [View article]
Dips And Pullbacks: Opportunities Or Sucker Punches? [View article]
I finally gave up on INTC and sold out since I now believe that I made irreversible mistakes in the timing of my INTC buys/prices. In other words, my GE experience was with INTC instead of GE. I might buy INTC back eventually, but don't expect that to be any less than a year from now.
As for GE, I just recently added to my holdings so my average price is now up to $20.50. I was anxious to increase the size of my position precisely because GE has been the laggard in my portfolio lately and I'm convinced that will change soon after the next big news announcement that I believe will come soon (acquisition, divestiture or spinoff ... I won't count the coming dividend increase unless it's increased by more than I expect).
Just for context, I'll mention that this is my second time as a GE holder, after selling out at a nice profit in mid-2008. Personally, I consider the pre-2008 GE and the post-2009 GE two different companies so I'm not at all concerned about it going back to $6 (and I never use stop loss orders). Don't get me wrong, I absolutely do see risks with such a globally exposed company, but I think GE is in a safer stage of its repositioning than INTC.
BP Vs. Halliburton And The Legacy Of The Gulf Disaster [View article]
I'm a HAL holder with an average price of $33.50 and, even though my last buy was at $40, I don't plan to buy more at current prices either. I was only willing to buy at $40 because my previous average price was so low and I wanted a larger position in case the shares do jump to the mid-50s some analyst are predicting sooner than I expect. In other words, I agree with your conclusion that HAL is a bit risky to buy here and would just like to understand the rationale that led to your conclusion.
Kroger: A Consistent Performer With Further Upside Potential [View article]
Kroger: A Consistent Performer With Further Upside Potential [View article]
Don't Get Too Excited About Cyprus [View article]
What It Really Costs To Mine Silver: The Hecla Mining Edition [View article]
What It Means To Buy A Blue-Chip Consumer Staple Stock Right Now [View article]
What It Means To Buy A Blue-Chip Consumer Staple Stock Right Now [View article]
Kinder Morgan Is The Best Way To Be In Canadian Oil Sands [View article]
Japan Rings In The End Of Globalization [View article]
Japan Rings In The End Of Globalization [View article]
Looking For High Yield In Out-Of-The-Way Places: Business Development Companies [View article]
Looking For High Yield In Out-Of-The-Way Places: Business Development Companies [View article]
Thanks much for the link.
For our trip back to the nineteenth, remember to add a few select vaccines to the travel pack. ;~)
Looking For High Yield In Out-Of-The-Way Places: Business Development Companies [View article]
Google "Business Development Companies"