sent my check this evening to first chicago trust (direct stock purchase)looking forward to watching continuing growth of this company...by the way, young investor if you are truly 17y/o, you know your shit man!!!!!!!!good luck!!! JIM
Thanks...Although I am only 17, I find researching stocks interesting. After a long time of persuading my parents to buy BDX for me for my graduation gift, they finally did. They prefer mutual funds because they think they are safer, but I think you don't need a lot of diversification (more than 11 stocks) to be successful. Just dont make mistakes. ANyway, I wanted to ask you about the DRIPs. I already own shares, and I have been to the website that talks about them. DO you know if I have to fill something out or what I should do to enter into this program? My economics teacher told me he started out using these, and I like the idea of accumulation. Thanks,
For what it's worth, when I purchased stock in BDX, one of the first packages I received from the company concerned their divendend reinvestment options. There was a form to fill out and mail back where you told them how to reinvest and gave your permission to do so.
You must own the stock in "your name" and have the certificates to participate in the DRIP. If your broker holds the shares in "street name" you will need to get the certificates transfered to your name and hold them yourself. Otherwise, BDX does not "know" who you are.... Hope this helps
check out www.dripinvestor.com there is a wealth of info there.or go to any search engine and type in d.r.i.p.s.or dividend reinvestment programs. another great stock is www.netstockdirect.com everything you would ever want to know is on these sights.. i have been in drips for about 2 years now and its a fantastic way to invest small amounts over a period of time, plus when the market is very volatile and prices drop its a great time to make optional cash payments!!!i have drips in lucent,johnson controls,wisconsin energy, home depot and now becton dickenson... with a good majority of companies you can call them direct and ask for a drip prospectus and application and send your money to whatever bank carries them...another fantastic info is a book by charles carlson called "buying stocks without a broker"...GREAT BOOK!hope i helped you out!!keep up the great work!!JIM
Does anyone know what the opening was all about today? All that I know is that Goldman and Schwab were huge buyers of the opening, and that is what caused the stock to open up $4+ this morning. Did the specialist just rape the order? If so, why was there increased buying activity yesterday in the BDX options on the PHLX? It seems that there is some news out there, does anyone KNOW what it is? I'm not interested in guesses, I am looking for actual news. When I spoke with the company today, they seemed to say they were just as surprised by the move as I was. If there is no news out there, why, all of a sudden, was there 2 very large buyers that bought over 200,000 shares at $49 1/2 this morning??? Any ideas would be welcome. JM