If you are too poor or cheap to buy a proper OS then Linux is for you. I have a few tools that I run on Linux but it is just to flimsy to use for everyday use.
Sold one of my dividend dogs today and rotated that money into WMC. Time for this to move higher.
It looks to be a bit over sold at this point. Being below the Bollinger is not necessarily by itself a good indicator of price direction, in fact in times of extreme price action such as a heavily oversold security it will often temporarily go below the bottom BB. In some cases you could use it as a contrary indicator sort of like the RSI.
Cook is clueless. Until he is fired there is no hope for Apple. He is just like John Scully. He runs a tech company and he has no idea's for new products. Where are these great new products he keeps talking about.?
I am long but look at it as a return of capital. I don't view it as positive or negative but apparently they are in trouble with the IRS if they don't do it. In the end, after the ex divy date, the shares will drop by 2.35. So exactly what have you gained? I will have a bunch of money in my pocket but my shares will be worth a lot less.
This is total BS. You just don't do this to shareholders. I understand the need for a cut if the earnings aren't there but cutting down to .10 is just ridicules. A total outrage. I am done. I will wait for the CC and they have a lot of "splaining" to do.
Folks this is normal behavior before the divvy. The stock runs up and then sells off the day before the divvy and then some more for the couple of days after. This will be 9 or less post divvy. I can buy this back a dollar or more a share cheaper after the divvy. If you sell two days before the divvy and buy back 2 days after the divvy is paid then you get about a buck in cap appreciation each dividend. 1 x 4 equal 4 dollars per year. A 40 percent return on investment.
First off, I have no position in CAG just investigating it at this point. I don't think buying RAL was a bad idea, It is clear there is more growth in the private labels then brands particularly during hard times. The problem was that they overpaid. The other problem for CAG is that their brand name products are not really that appealing to better heeled customers. Those folks are by more natural and healthy products so the growth in their name brand products are not even there. These people are more of the Whole Foods crowd. CAG has been a good dividend payer and has had decent growth until the acquisition but I am not so sure that the double digit growth that CAG is projecting 2 years out will ever materialize.
Institutions don't like surprises like this. My guess is that they were already selling before the release and now wholesale dumping is in order. I sold my remaining shares this a.m. put the money into WMC. They should do a .80 to .90 divvy per quarter You can get your divvy money back that way.
Not really one to dance on someones grave but at this point and time it is pretty foolish to short mREITS. Now you can have individual securities that can be shorted but in my estimation WMC is not one to short. Bonds sold off in anticipation of a tapering (taper tantrum) but the selling was overdone and along with it mREITS got terribly over sold. Now, I have been recently picking up some CMO and more recently more WMC in the selloff. The time to short these things has come and gone. Bonds are rallying big time and so mortgage rates have fallen quite a bit already this year. This will improve the book value situation of a lot of these companies. Why would you want to short into that?
Cramer does not like mREITs he was pushing NLY for awhile but when rates spiked and it got hit along with other mREITs he cooled on them. They behave great when rates are going down and not so good when rates are going up. If you get your advice from TheStreet then I say good luck to you. In regards to WMC, it carries a lot of interest rate risk but on the other hand the yield on this is pretty good and it is trading below book value. If you think as I do that interest rates are going to be soft for the foreseeable future then you should buy but if you think rates will rise above where they were last summer you should sell into any rally. I own it but I know the interest rate risk it carries. If you want something less dicey then I would recommend you look at something like CMO which is another mREIT that I own. It does variable rates loans so it it considerably less exposed then WMC to interest rate risk.
Trouble is that I didn't see anything good out of the conference call. It brought up more questions than answers. This whole thing smells.
Danhamel, watch and learn. A lot of dividend players sell the day before the dividend. They catch the run up before the ex divvy date then the day before they sell. I sell 2 days before because I get a better price. Ex -divvy it goes down even more. Sorry, it will see 9 tomorrow or Thursday. My experience is 2 to 3 days after the ex divvy you get a pretty good price and I will buy back the shares I sold above 10 at around 9.