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Main St. & Main, Inc. (MAIN) Message Board

bswiththebest 7 posts  |  Last Activity: Jul 6, 2016 9:37 AM Member since: Feb 5, 2005
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  • Reply to

    Received Dividend This Morning

    by sage2123 Jun 30, 2016 10:26 AM
    bswiththebest bswiththebest Jul 6, 2016 9:37 AM Flag

    Don't you have to include inflation in those so called gains?
    So in 1960 $1 then equals $8.04 today.
    and in 1970 $1 would equal $6.27 today.
    1980 $1 would equal $3.08 today.
    1990 $1 equals $1.97 today.
    2000 $1 equals $1.40 today.
    2010 $1 equals $1.09 today.

  • Reply to

    Received Dividend This Morning

    by sage2123 Jun 30, 2016 10:26 AM
    bswiththebest bswiththebest Jul 5, 2016 2:13 PM Flag

    All I'm saying is that you sell for a lower price than acquired. Sure your trust might be making money from grandpa's benevolence and your drips may add to the original amount. You seem to have restrictions on your trust when it was set up. The gains from drips may even have gained value. The value could have be much higher by being able to be proactive in the trust. You do tend to indicate that you hardly sell by your comments that you have to sell to have losses. You do sell, You maybe happy with your gains, but I would think that your gains would have been much higher if you had more control over your trust. Would anyone sell at 14 then buy back at a lower price? Sure they would. If you ride it up then ride it down you lost value. That is one of the big problems of drips or trusts.with restrictions on them. What seemed right when the trust was made may not be right in the future. Many a person has held a stock that they inherited and refuse to sell when it dropped in value because grandpa said don't ever sell it losing value some made gains. Having choices are a good thing.

  • Reply to

    Received Dividend This Morning

    by sage2123 Jun 30, 2016 10:26 AM
    bswiththebest bswiththebest Jul 2, 2016 10:28 AM Flag

    Sage, your not sticking to your script. Your persona always says reinvest the dividends never sell. Then you come across with fund college expenses and other family needs. You cannot have it both ways.
    You slay Losses are only realized when shares are sold. So you sell. You have said in the past that one family member in the trust need money and you sold then. I don't think your mantra remains is true. You therefore use FTR as income. not just buy and hold and reinvest. Come clean.

  • Reply to

    Received Dividend This Morning

    by sage2123 Jun 30, 2016 10:26 AM
    bswiththebest bswiththebest Jul 1, 2016 10:24 PM Flag

    Sage I know that you like FTR but come on now:
    If Losses are only realized when shares are sold,
    Then how can it be, It's all cash rolling in at this point,
    it seems like you would have to sell to take a gain or a loss.

  • Reply to

    confused

    by bigtimelawya Jun 29, 2016 9:32 AM
    bswiththebest bswiththebest Jun 29, 2016 11:48 AM Flag

    That's no bait gyps. Don't you remember what they did in the past? I guess Ohio and West Virginia were hit hard. WV is their largest state for coverage so I would think they have to do some repairs and since they are under that HSI fee reduction in that state now would be the time for them to pad the bill and put the charge on this and the next quarter.

  • Reply to

    confused

    by bigtimelawya Jun 29, 2016 9:32 AM
    bswiththebest bswiththebest Jun 29, 2016 11:36 AM Flag

    Well, FTR has taken quarterly charges in the past, which lowered the stock price.

  • Reply to

    confused

    by bigtimelawya Jun 29, 2016 9:32 AM
    bswiththebest bswiththebest Jun 29, 2016 9:45 AM Flag

    You do know that it rained in the FTR area and FTR usually takes a hit after such an event.

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