185 wtsla @2.68
185 wtsla @2.68
Bought some NXN at $25.60....the deal is to close at $27.50, if it goes thru later this year
also Legacy oil & Gas at $6.80, this is well off levels of the good times which may return.
I've been waiting a while for this one to recover, and I just think it could longer than I'd hoped, like 2 yrs. My feeling now is to flip out of F and into something else until it starts to show some results.Originally Posted by Toronto.gal
I made 70%+ returns when I sold F in the high teens in 2011 [after holding for about a year], so at 1/2 price, a real bargain now IMHO!
I have been buying & averaging down from under $9 [just 3 weeks ago] and up, and happy to hold/trade & collect double dividends in the meantime so to speak. Sure there are/will be big challenges ahead, but I like F at this price and if it goes lower, even better since unfortunately I did not participate in the lows of 2008 [$1.70].
If you just bought & held, I can see why it has been dead money [even with dividends], but the same would apply to a lot of stocks & not just F, no?
"What good is money if you can't inspire terror in your fellow man?"- C.M. Burns
There are things you can do while waiting for any stock to recover.
Stock hit a new 52 week low of $8.82 earlier this month and recovered to $9.69 just 2 weeks later [yesterday], so you can't say the stock is not going anywhere.
“Simplicity is the ultimate sophistication.”
Anyone bought NOK here recently? Amazing 1 month recovery!
Congrats to those that did!
“Simplicity is the ultimate sophistication.”
Definitely nice ROI there lol. I'm not sure that I'd want to hold though, since their dividend rate is a bit high.
There are several reasons why you wouldn't want to hold a stock; high dividend yield is just one of them.
I have a mixed investing strategy [buy/hold/trade] & focus on stocks trading at/or below 52 week lows than those at 52 week/or all time highs [though trying to recognize/avoid value traps].
“Simplicity is the ultimate sophistication.”
Buying and selling CCJ. Neutral sideway strategy.1 month target $21.95
Added 300 more BNS today...its nice that they beat estimates & increased dividend....even I know that is bullish for the stock.
Good news from BNS, and the stock is a great buy anywhere under $57. Best pick of the banks right now, with TD usually holding a bit too much of a premium. However, I'll wait to buy Scotia because I think September is almost assuredly a down month for the markets this year.
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