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
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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
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Sinvestor7135: agreed. The DIvidends are going to be the real pay for this stock. HOLD THIS STOCK!
8/24/12
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Bret Kenwell: ya, Altria pays a handsome dividend. Essentially the whole reason to have a stock like this.
8/24/12
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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
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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
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Bret Kenwell: I won't be offended or anything, just curious.
8/24/12
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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
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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
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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.
Ocean Man: And there's your dividend increase on MO, yield now 5.3%.
8/24/12
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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
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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.
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.