FYI today's drop was in line with the market. But as the market goes so goes pretty much everything else...
I agree. ValueAct sinking $2 Billlllllion dollars really is scared!?
It's a joke. Might be a good time to sell some winners and buy some MSI if falls off from its current range. You would think MSI was Blackberry 2 years ago. Ridiculous!
My perception of them is that they've already sold their holdings and possibly initiated short positions. 'When Goldman talks contrarians listen.' lol
Me, I think the market is all bubbly again and long in the tooth per the cycles it's undergone in the past decade (not to mention overall bull/bear typical cycles over the long term). That being said, someone that feels like I do but just has to be in stocks should invest in the big safe boys.
Of course you should take any advice from a message board with a grain of salt unless you've been dealing with a poster for years such that you can tell that they know what the heck they're talking about.
You are right. I now vaguely remember the Google buy and spin-offs. I'd guesss I'm closer to break even, based on what I remember...this was a convoluted experience.
Okay, but what about now? I'm tempted to sell everything and consider IBM, DE, CSCO, and even GTAT. The former are value stocks that I own which should do well in the coming years. The latter is my lone speculative stock, but one that has performed spectacularly.
I just want some decent growth in MSI. I am not sure it will realistically happen.
I don't think you're accounting for the spin-offs. I don't know if this chart is accurate but you should see the point:
In any event, add up what it's worth now to the spin-off money you've received and current value of any spin-off stock you still have, then subtract your original purchase price. I'm assuming dividends were reinvested like you stated, otherwise you'd add that cash to the first part.
This is one of my worst ever investments. Here is my history. The 1st is a basis, the rest reinvested dividends:
date shares total price $/share
27/11/2006 71.43 $6,295.88 $88.14
16/01/2007 0.2 $14.44 $73.19
13/04/2007 0.2 $14.48 $70.88
13/07/2007 0.2 $14.52 $72.60
15/10/2007 0.19 $14.56 $78.28
14/01/2008 0.24 $14.60 $59.70
15/04/2008 0.41 $14.65 $36.07
15/07/2008 0.54 $14.73 $27.06
15/10/2008 0.68 $14.84 $21.68
15/01/2009 0.88 $14.97 $16.93
14/10/2011 0.37 $16.50 $45.08
17/01/2012 0.35 $16.58 $47.10
16/04/2012 0.34 $16.65 $48.26
16/07/2012 0.37 $16.73 $45.59
15/10/2012 0.4 $19.87 $50.05
15/01/2013 0.35 $19.97 $57.72
15/04/2013 0.32 $20.06 $63.28
15/07/2013 0.34 $20.14 $59.59
15/10/2013 0.4 $24.12 $60.91
15/01/2014 0.36 $24.24 $66.41
I'm down 18%. The majority of my other investments have well beaten the S&P500, but not this one. Is it time to move on, into better investments?
That's what you liars said about A right before they got pummeled on their earnings report last week. I suspect you really don't have a clue, this is just a spammer template.
Anyone have any thoughts on near term movement in MSI? I need to raise some cash soon!
Yes. It's like they were your stock broker and the cash you got was the sales price. Use any transaction fee(s) to lower your sales price too.
I made the mistake of having my dividends reinvested, so every div had to be reported as another stock purchase. Ugh!
Disclaimer: I'm not a tax pro, just a lowly former MOT RFEE. lol
I need to amend my 2011 tax return to account for the spinoff.
I chose to receive cash instead of spinoff shares.
I've calculated what my new cost basis would be for both the original stock and the spun off stock (if I had received it).
Here is what I am not sure about:
I am guessing that, although I chose to receive cash, I still need to report my gain/loss based on the amount received for the spinoff shares in relation to the cost basis I calculated, just as If I had received the spun off shares and sold them?
Is this correct?
Thanks in advance for any help.