Hello board!
Since "Wahoo" changed its mb's, i've had trouble posting on many occasions and sometimes even reading posts on the board.
When I can read posts I find it difficult to easily find the "last post".
Most of the enjoyment I found by spending my time reading and contributing to this mb has waned considerably.
Thus the reason for my absense.
Did you miss me?
Anyway...
BMY is down about 1% today, with around a month to go until the next ex-date(01/02/13).
While BMY has recovered from its pps dip of its EOD pps of 30.81, a rise of 5.3%, I think there is room to move up from its current shareprice of 32.45.
BMY declared its next dividend on 12/04, at a price of .35, a .01 rise, and a increase of 2.9%.
Anyone jumping on the BMY bandwagon, and, if so, when?
Have a nice day.
Go AGNC,
FOXY
I grabbed some Jan 33's about two weeks ago.
I think I'm about BE on it though.
If I see more weakness, I'll pick up a little bit more.
I bought shares today at 32.48.
Good luck with your option play,
FOXY
Hey X,
It seems as though AGNC and BMY both dipped at the same time.
I chased AGNC down from 33, then
I waited until AGNC reversed before buying more.
I wasn't watching BMY closely enough to jump in there.
I think BMY might be ready to run any day now,
possibly to +34.
Yeah?
I looked pretty hard today Foxy but have some misgivings. BMY goes EX pretty hard up against the first of Jan, and if you have been reading my posts you know I think the FC thing will follow the same script as the debt ceiling debacle. 12th hour, 59th minute, 59th second before they kicked the can down the road. We have the same actors, same theater, and similar script, so I'm betting on a replay.
With that thought in mind and knowing how lock step BMY follows the DJI, you understand my concerns.
I wish all BMY longs the very best though. Go BMY. I'll cheer you from the side lines!
DocReits
Sentiment: Strong Buy
Hey Doc,
Thanks for the input.
I hope you are wrong about any "d&g". :)
I'll let it play at least a few days and see what happens.
FOXY
I agree, unfortunately. Whether or not the correctness, We all know that Cliff will call for the markets to sell off and everyone will follow what the tv expects them to do.
And here I thought I was being original when I sold yesterday (sigh).
I'm watching this for re-entry, but I still think the Cliff takes it lower. Eliquis looks like it should be approved a week before March Opex, so I'll be buying March contracts if I can get good prices.
BMY ranged sideways for a few days in the 32.70's area and now looks to be on the move up again.
I put bids in when we dipped below 32.70 but nothing has executed. I'm bidding small lots now and watching to see if we can get another FC panic to drop the pps before year end. Maybe the ratings downgrade scare will help.
On board. I bought Jan 33's last week, and bought more today on the dip.
Sentiment: Buy
Good Luck Russ,
I think Monday just might when BMY starts her climb.
With the ex-date being on 1/2/13, there's about a good three weeks for the run, imo.
34+ would be nice for sure.
Go AGNC,
FOXY
I am planning to go into BMY too after I get out of my AGNC trade. I too am looking at them January13 BMY $33 Calls.
Sentiment: Strong Buy