I could be wrong about this b/c I am going off of memory but I think the dividend does get paid in April so we will all know soon enough....that's if they repeat history and my brain is working properly. Enjoy your holiday weekend.
The funny thing here is that the most blatent error went unnoticed. I wish we were 18B in debt!!! As for name calling, bigot??? How so? It is an educated conversation where both sides of the argument were being discussed. I'm no bigot. The question you may want to answer is why are you, if you are so secure in your opinions, so quick to drop an intelligent conversation in favor of elementary name calling? I think the President has done some good things while in office. I like the fact that he has pushed an agenda, whether I fully agree with it not. I like that someone is using there office to make things happen. I do however think that there will be some severe consequences if this government doesn't show some fiscal responsibility soon. Sadly, fiscal responsibily isn't a word voters want to hear!
That's because I was on a tablet and didn't feel like going through the process. I make the assumption that the people on here are somewhat educated.
are you serious. ..this is common sense. The debt is at 18B. ..it is what it is. ..but I will tell you what it never was. ..36B!
Horse, I am not a professional but I have a good amount of experience in investing for myself. I personally find it very difficult to sell at the extremes. . For instance, I should sell AKAM on Monday as well as WLT. In one I have massive gains and in the other I have the same in losses. Anyway, my recommendation is that you sell and start with a clean slate elsewhere. You will feel better a few weeks from now. ..but learn from this. I would recommend the following in order of my own interest NYMT, GE, FNFG, and SCTY. I own GEand FNFG for the record. I have been looking at the other 2 for a long time and will have a position in both at some point provided I get the right price. Best of luck to you with your difficult choices. ..remember, if you have time. ..just keep learning and keep some cash for the big opportunities the market gives you. ..aka energy in the next few months. B
At the end of the day the only thing that matters is what your timeframe is. If you are in the name for the next few years, you will do really well buying at these levels. Do so with caution so that you have more to add if things get worse before they get better. Personally, I first bought at 27...then at 21. I will continue to add slowly and comfortably as the stock dips. When I feel like the bottom is in. ?.I will double down. That time is not here yet.
Are you seriously comparing Kodak to fcx? Apple's and oranges man. Get a clue. Technology vs minerals and energy. ?.something tells me that there's a better chance of Exxon being around 50 years from now than Apple.
For the first time in nearly 2 years (not including reinvested divy). I only nibbled b/c who knows where the knife will stop, but this seems exhausted on a technical basis and I'd enjoy turning this into a trade if we get a nice bounce or if it goes lower, I have no problem sitting on shares at this level. GL all, B
I don't see any danger in the divy being cut and there is zero chance of the yield getting to those levels....I wish they would up the divy but that isn't fiscally responsible yet either. No need to get that negative. BUT....if it does go to 4/sh (which you are implying) and the payout is 8-9% or so, I will be buying hand over fist....heck, perhaps even take out a loan to buy some...and pay back the loan with the divy payouts (plus some other funds obviously) over the course of a few years. The company has been put through the rigger....and in the end it is 'dirty'....but it is capable of getting cleaned up and when it is, the pieces are pretty darn good. GL, B
When it comes to the best companies in their sectors, you rarely get a chance to buy them at discounts...unless the markets in general are getting crushed (but usually that is when people don't have a lot of funds to put into the market b/c it is already there). However, this may be one of those time....I have held a very small position in this name for a few years and got lucky with the buy and never averaged up BUT kicked myself for not buying more.....well, I find myself 'hoping' for a big pullback like I see some of you are predicting. Just remember those of you who are routing for it.....you need to buy on it b/c it will be a BIG OPPORTUNITY!!! I plan to nibble soon. My limit buys are set....but it will take one heck of a gross day for them to hit. Good luck all, B
Split? A split doesn't mean anything other than the stock price gets cut in half while the share count doubles.....it's a numbers game is all. Understand that the dividend gets halved as well. It would be cool if the share count doubled and the divy stayed the same though. Anyway, everybody loves a stock in and around a top....I feel OK letting it go. I do hope to get back in at some point...lower. I think we see a 20% pullback at some point from these prices. Not saying it won't go to 160/sh first...but I do think 105 or so is in the cards as well. In the long run.....I do think GD will have a CAP of 100B....but not for years to come.
I'll been long for 10 years....well, longer. sold at 91 before the collapse (sadly I reinvested and lost right along side everyone else, only a different name) and got back in a couple times. Needless to say, this name has been great. Time for it to be great for someone else though. It has reached some long term trend lines and while it may blast though them....it may fail too. If it goes through them, there will likely be a retest of these levels at some point and I can pick the shares back up. If it fails.....I can buy them back much lower...aka low 100s. Risk/ Reward.....either way, a great company but a pricey stock....finally. GL all, B