And I think I will sell some of my EGO for a tranche of YUM [which I was eyeing long ago, but was a fool to have gotten influenced by someone's negative review].
Marina: good luck on your brave move!
And I think I will sell some of my EGO for a tranche of YUM [which I was eyeing long ago, but was a fool to have gotten influenced by someone's negative review].
Marina: good luck on your brave move!
“Simplicity is the ultimate sophistication.”
I grabbed 500 A&W ... we'll be eating more burgers than steak from the looks of things .
Just picked up 100 shares of POT at 39.32 just a few cents over the 52 week low.
AVP just under $16
Don't try and Time the Market.......and Don't Buy High and Sell Low.
Farcical!
Couldn't resist - 800 COS @ 19.20.
Sold some Goldcorp for a 19% gain in 24 days and bought some VTI for $65.66 after selling it for over $72 a couple of months ago.
santander bank, yesterday. Bt 2014 leaps 3s @ 2.65 & sld jan/13 7s @ .40. Net cost 2.25. Maximum possible return within 18 months (4-2.25)/2.25, or 1.75/2.25, or 78%.
this is a mildly bullish strategy.
to pay for these, i adjusted down my former short abx jan 55s, buying them back & selling the jan 50s for a credit of .98. This left a small surplus of US cash.
Last edited by humble_pie; 2012-06-01 at 04:40 PM.
Careful with this one. The volume pattern screams distribution. It's been a rockstar past few years but don't let this one get away from you if bad news begins to hit in the next few weeks.Originally Posted by webber22
Whew makes my 100 shares look measlygood for you!
i keep wondering why everybody is buying so much energy. Or perhaps the ones who are not buying are not posting, so we are getting a skewed view.
we're in the grip of a commodities downturn & it's not a passing breeze. Last night china again ratcheted down growth forecasts. These days apparently china is even shipping surplus copper inventory to europe. That's copper she's already bought & paid for, but now realizes she won't be using soon.
it's true that energy prices have fallen into the trash can, but just because energy stocks are cheap doesn't necessarily mean they are good buys.
the stocks i'd make an exception for are the companies with strong dividend histories, low debt & strong options. A dividend-plus-option strategy will carry an energy non-performer across the rubicon.
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