Looked like a nice bounce off of $46. That could have been the bottom. Let's hope. I doubled down just under $48 a couple days ago. Will add more if it goes to $40. One thing on the dividend. Companies that cut it, got a nice pop on their shares.
Man, this is painful. Bought low $70's and loved the pop in the $80's, but thinking this bottomed at book value a few weeks back. Not sure to pull out now or wait until $40's and add more. In retirement account so I can't write off the loss. Long term should be fine, but would be very encouraged to hold if insiders were buying, or if they started to acquire. The big question is how long is LONG term??? At least the upcoming dividend reinvest will help out a little.
Better than anticipated employment (Great for Payx) and an increase in the interest rate (Great for Payx). This should be up $2 today.
Sentiment: Strong Buy
You heard it here first. It's getting tougher and tougher to grow without major purchases. So either he picks up some depressed stocks like NOV or similar depressed energy stocks and cheaper foreign stocks, or he will have to start paying out dividends. I plan on re-investing them if that is the case. Congrats longs!
See you at $32-34 by the EOY! $40's in 2016
Has offices in Germany, and serves millions of small to mid sized companies. Would also give Buffet an insight into companies finances, etc. As well as service all his subsidiaries. Disclosure, I own both Payx and Brk-b, but would rather my shares be rolled over to Brk. Just an idea.
We are in a classic cup and handle which will take us to the old all time high setting up a much larger cup and handle. With continuous job growth, wage growth, and slow interest rate hikes, this stock will continue to rise and be the equivalent to $70-$80 by next march (with a possible split this May). Wish they upped the stock buyback over a year ago, but this is still a great place to be for some time. Congrats to all us long term longs.
I believe it's $49 and change. However, that could decrease I guess if no one is buying. Funny how downgrades come after it looses this much. Where was this downgrade and insight 20 points ago? Kind of think we are close to a bottom. Will be adding to my loosing position if it hits below $50.