one of the brokers that I use has what they call a frip ( why I dont know ) in this program all the dividends go into one account from all your div paying stocks and you can choose which stocks you want to buy and on what date, you can choose any div paying stock that you own to invest your div account into and can split it into multiple stocks if you wish. I may do lnco one month and psec anouther. No this is not a commercial.
He is not a 'fact' kind of guy. Just a message board troll. Best to put him on ignore or just laugh at his posts. He has been haunting the 'O' board for years predicting death spirals while stock price has doubled.
This is a stock that is "ripe" for short selling. At some point, this stock will be a screaming buy, but we have not reached that point yet.
Well I can tell you that if I did not have a married put position on, I would be down over $10,000 now. In fact, my max loss on the position is $1,500 less whatever dividends I potentially collect between October and next February and less the value of calls that I have sold on the stock on the way down. If the stock starts to go back up, I will collect a profit on the puts and buy back any calls that I have sold. Now, you tell me if it is worthwhile
All of the talking heads say the bottom is in for the market.....This was just an opportunity for short sellers to take profits, be neutral over the weekend, and re-short the market next week. Keep your put positions on.
you constantly run your mouth without facts ,where did you read that please post link or go away
If you noticed on Wednesday....the bottom of the market was hit when Cramer said on CNBC at slightly before 7am with a worried look on his face "This is NOT the dip to buy"....
Since then we have recovered and are up 500-600 pts on the dow.
I wish I could say the same - I do not have profits to take. My cost average is $28.59 and for tax reasons if I sell I am locked out for 30-days (wash rule) unless if I do not want to claim a loss on taxes.
Glad to hear someone is taking profits.
I see we are well down from the early highs. I imagine all the smart or lucky folks who bought shares under 21 are now quickly cashing in before the next piece of bad news causes yet or another crash. I can't say as I blame them but I'm in it for the distributions. GLL
Speaking of buyback - it sucks LNCO is going up on DRIP day. I wanted to get the shares at $21 to $22 with the DRIP. Don't get me wrong, it is nice to have LNCO going up.
Decent article by Casey. What we really need is a price sensitivity chart from LINE for the next couple of years, like VNR released. I'm not sure we have enough information on the outside to attempt it.