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DavyJ

DavyJ
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  • The Closest Thing To Guaranteed - My 'Non-Dirty' Dozen [View article]
    Re: "The CAT web site historical price lookup shows CAT closing at $19.03 on Sept 7 2000."

    Notice the "Split Adjustment Factor" and "Actual Price".

    Closing Price $19.03
    Volume 4,777,600
    Split Adjustment Factor 2.0000:1
    Open $19.50
    Day's High $19.53
    Day's Low $19.03
    Actual Price $38.06
    Date Requested 09/07/00
    Sep 9 12:59 PM | Likes Like |Link to Comment
  • The Closest Thing To Guaranteed - My 'Non-Dirty' Dozen [View article]
    Most charts I've seen are adjusted for dividends, in addition to stock splits. Yahoo makes this clear in their historical data page.

    http://yhoo.it/S0kD7K

    Still don't believe it, check out Caterpillar's own web page.

    http://bit.ly/Qt2eWj

    Sep 9 12:09 PM | Likes Like |Link to Comment
  • The Closest Thing To Guaranteed - My 'Non-Dirty' Dozen [View article]
    Oops! The share price gain in your table DOES include dividends. The actual closing price of CAT on September 7, 2000 was $38.06. $14.16 was the closing price adjusted for dividends and the split in 2005. So the share price gain including the split but not dividends was 363%, not 522% as in your table.

    Still that amounts to a nice 7.245% compounded annually excluding dividends. I don't normally reinvest dividends in the same stock.
    Sep 8 09:22 PM | Likes Like |Link to Comment
  • One Chart Republicans Do Not Want You To See [View article]
    The chart is missing all of the second terms of a sitting president. Without that, the chart is meaningless since if Obama wins a second term, that is what the country will be faced with. And that is what investors will have to make decisions on.
    Sep 7 08:42 AM | Likes Like |Link to Comment
  • Keeping Your Dividend Growth Options Open [View article]
    Or you could have invested in Research in Motion. The outlook was just as bright in 2003. And 2004, and 2005, and 2006, and 2007, and 2008.

    Full disclosure. I actually lost money on AAPL. I never invested in RIMM.
    Aug 29 07:41 PM | 1 Like Like |Link to Comment
  • Citi Media Statement on Citigroup Common Stock Class Action Suit [View article]
    So the members of the class action suit get the equivalent of a special dividend at the expense of (penalty to) the rest of the shareholders. Where’s the justice in that?

    It seems to me that management should be the ones penalized.
    Aug 29 07:09 PM | Likes Like |Link to Comment
  • The debate about whether or not raising taxes on the rich would increase government revenue, is "beside the point," writes John Carney on CNBC. The real reason to hike taxes is to fight inflation, but if and when it exists, the measure possibly wouldn't cure that problem either. "The proposals to raise taxes on the wealthy just don’t add up," Carney writes. [View news story]
    Make each citizen dig according to the amount of water used.
    Aug 26 12:19 PM | 2 Likes Like |Link to Comment
  • Don't Lose Money While Waiting For Market Plunge [View article]
    I'll bet that Nassim Talib regrets to having ever introduced "black swan" to the world of investing. Never suspected that there were so many.
    Aug 24 08:57 PM | Likes Like |Link to Comment
  • Dow 20,000 And The Coming Economic Collapse: Forecasts Wildly At Odds, Or Are They? [View article]
    "Dow at 20,000 within five years."

    That's easy. From 13,000 at 9% per year compounded equals 20,002. Not at all unreasonable.
    Aug 4 10:25 AM | 1 Like Like |Link to Comment
  • The Market Sees Dumb People [View article]
    Re: "The market is taking a much more practical approach and is trending lower, just not in big enough chunks to alarm the general public."

    Huh? It looks to me that it's been up quite a bit in the last 8 weeks. And it's higher than it was one year ago, and two years ago, and three years ago.

    I'll pass on buying your book.
    Jul 18 09:25 PM | Likes Like |Link to Comment
  • Coke To Split: Should The Dow Change Its Components? [View article]
    The DJIA is a representation of the stock market (or portion thereof), not the economy. The two are not related. Either can rise or fall without a similar rise or fall in the other and very often do. A common misconception, but a misconception nevertheless.

    Jul 11 10:22 PM | 1 Like Like |Link to Comment
  • Seven DJIA components have hit all-time highs this year (vs. 8 in 2011), with JNJ and AXP seemingly next in line. Many of the blue chips boast strong balance sheets, consistent cash flows, and yields matching or beating Treasurys - adaptive managements are thrown in for free. What's not to like?  [View news story]
    The bad news is that analysts have lowered estimates on 17 of the 30 DJIA in the past week versus only 1 (JNJ) estimate increase.

    The good news is that will allow some of them to beat the estimates.

    I ain't changing nuttin'.
    Jul 8 07:59 PM | 1 Like Like |Link to Comment
  • Chevron Has 23% Upside Potential Now [View article]
    Re: "I think with an average target price of $123 per share an investor could easily see a nice return on their investment with the stock at its current $101 price level. With a stunning 23% upside potential and a 3% dividend yield you would have to be crazy not to want to take advantage of that situation.

    "Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours."

    I'm confused. What does that day about your sanity?
    Jun 14 10:08 PM | Likes Like |Link to Comment
  • Why The Spanish Bailout Is A Game Changer [View article]
    While,

    Oh never mind.
    Jun 11 09:16 PM | 2 Likes Like |Link to Comment
  • Citigroup Dancing On JPMorgan's Grave?: Watch A Bank Spin Sillier Than A Clown [View article]
    The mere fact that they are suspending the buy back program belies the statement that the loses are contained.

    The loses are contained? Where have I heard that before?
    May 22 09:02 PM | Likes Like |Link to Comment
COMMENTS STATS
382 Comments
550 Likes