The main reason to buy these stocks is for the dividends. However, if you will make a large amount by selling the stock, enough so that it would take you years to make that much in dividends, sell it.
As Warren Beatty said in the movie McCabe and Mrs. Miller: "Money and pain, pain, pain."
PS: Also, take a look at AROW it's a bank that never took the bail out . Paying about 4% cash dividend and a 2% stock spilt every year . Take a look at all of these stocks pay out history.
Here are some to look over. They all pay out over 5% and it looks like their EPS estimates are heading up .I also have BMY and BP and the ones listed below. Oh, BPL was on my watch list so I don't have that one .T, FUN, ARLP, BPL, MIC, KMP, CMLP, SPH, NS, CLMT, NAT, ALDW .The rest that I have pay under 5% . So I didn't list them.
Well, best of luck to you.
How long is this supposed to last? Does it just keep going up in price? I got in at $24 on the other security NSH. Guess its basically the same thing?
The lease contracts are going to produce steady income, increasing quarter to quarter. Price has factored in this situation.
I watched as the RSI went down dramatically to 30 on the 19th and the stock became oversold. Is this something to do with options traders that caused the MLP to drop on that day? Can someone explain? Now the RSI has risen steadily to 80 and reached Overbought territory. Why is that? I am just trying to understand the price fluctuations.
D/D should have told U that the mgt team knew what was the drain on NS. They had a plan to divest their loosing sub and they did. Yes it was gut wrenching to see units drop so much, but, long term looked bright. I held and glad I did and received a lot of distributions for the courage.
Still no news, yet on June 13 is was labled "Trade of the day" at Investor Place due to spike in Oil prices. Here is the recommendation:
"Today’s trade is in NuStar Energy L.P. (NS), a large-cap energy master limited partnership (MLP) that is in a strong uptrend thanks to the spike in oil prices and a general trend in capital flows towards dividend payers (NS has a hefty 7.3% yield). Here is my recommendation to take advantage of NuStar’s strength using call options.
Buy the NS Sep 65 Calls at 85 cents or lower (NS’s stock price closed Thursday at $60.25). After entry, take profits if the stock price hits $63.20 or the option price hits $1.60. Exit if the stock price closes below $59.60 or the option price closes below 60 cents. Note: This is a relatively thinly-traded option chain, so you may need to be patient to get established at my recommended entry. Avoid buying a large number of contracts at once to prevent wild price swings; instead, enter your orders in smaller lots of five or 10 contracts"
Stocks don't always follow logic.
Obviously, I did when the trend was continuing downward week after week with no news on horizon and some insider selling occurred. You have to stop the bleeding eventually.
The post was supposed to be a fun answer to madmax. Haven't you over years of investing had a stock that goes wrong for you?
And that is why the stock is off a buck...because you bought in two weeks ago, after losing $1,000s and then you missed the run-up?.wow Sounds like the buy high sell low strategy is working as it should. Try a nice safe mutual fund my friend, and be happy
Sentiment: Strong Buy