• neobliviscar
    Looks like my buys of MO were early. Calc'ed screaming buy at $33 and started accum at $34. Cost avg 12k down to $33.76 at this point.
    8/24/12
    Reply (18)
    • Bret Kenwell: neo are you trading or investing. If investing, just buy in chunks. Collect the dividends and don't sweat over it!
      8/24/12
    • Sinvestor7135: agreed. The DIvidends are going to be the real pay for this stock. HOLD THIS STOCK!
      8/24/12
    • Bret Kenwell: ya, Altria pays a handsome dividend. Essentially the whole reason to have a stock like this.
      8/24/12
    • neobliviscar: BW: sml hedge fund ~10 years. Hold about 25-30 positions at one time. 30-90 days avg. Return 20% Gr/15% nt. Prsnal accts on side after fund.
      8/24/12
    • Bret Kenwell: Neo you run a small hedge fund? That's sweet. Do you mind me asking how much AUM? if you don't feel comfortable you can PM me or not answer
      8/24/12
    • Bret Kenwell: I won't be offended or anything, just curious.
      8/24/12
    • neobliviscar: PM later. As is, other manager hates that I play here on SA. But helps to have a forum, in the absence of old style trading floor.
      8/24/12
    • Bret Kenwell: Wow, that's really cool, I quick look at your bio would've told me you were. I look forward to hearing from you!
      8/24/12
    • neobliviscar: Cool? Cool w'have been retiring in 2002 rather than getting talked into another fund. G'ah. Remind me later. Got a long lunch meeting today.
      8/24/12
    • Bret Kenwell: Will do, appreciate it.
      8/24/12
    • Ocean Man: And there's your dividend increase on MO, yield now 5.3%.
      8/24/12
    • neobliviscar: In the black now. Should climb. Wish opening prints in d'low 33s would register on the longterm graph. Any boost from court decision today?
      8/24/12
    • Ocean Man: The smokes didn't seem to react to that too much. PM definitely caught the "who's next" bump from MO. An automatic play I've learned.
      8/24/12
    • Sinvestor7135: just raised dividend. WOO!
      8/24/12
    • neobliviscar: Sheesh, Try hard not to daytrade in the fund..but still cash heavy. I picked up some PM earlier for sympathy bounce. Made $1120 in no time.
      8/24/12
    • neobliviscar: Too easy... thanks guys.
      8/24/12
    • Sinvestor7135: 1120 wow, how many shares did you buy?
      8/25/12
    • neobliviscar: 2500. As noted above, managing a fund. But carrying too much cash at present and having a hard time resisting some day trades.
      8/26/12