Today WFC hits ALL TIME HIGH of $55+. C(Citigroup - the LOSER) is just $5.4 (adjusted reverse split) which is about 91% OFF its All Time High. WFC is at the high end of its dividends while THE LOSER is off about 99+% off its dividend high set just a few years ago. The difference between the WINNER (WFC) and the LOSER (CitiHYPE) is like comparing HEAVEN to HELL. Warren Buffett has proven his intelligence in selecting the WINNER (WFC) over the LOSER (CitiHYPE). Anyone who has held a position in CitiHYPE knows about what I am talking........Citi is a COMPLETE LOSER! What a difference in management. Congrats to ALL WFC longs who are ALL WINNERS!
All the HYPE when this guy was named CEO. So much HYPE! I sure bought it when I was in this stock.
Thought he was the 'savior'. This guy should be fired now. Most of all, I am just elated that I was so
fortunate to dump my entire position (accumulated over several years) 6+ months ago. Sold at a substantial profit only because I bought a plethora of shares under $1 back in early '09. Probably going back there.
Don't thinkI could touch this stock even at that price considering the business on which they have
Only because of disappointing earnings a couple quarters ago. I sure didn't think it would get this bad. More bad news after hours. I was so sanguine for a couple of years on this LOSER, almost a pollyanna. What a difference a couple of quarters can make. Even Jeff Immelt noted today that GE spun off GNW and was a good thing. Will monitor this stock but will never take a position in it.
Sentiment: Strong Sell
Today could have been an ole' CAPITULATION one which the volume would clearly illustrate. Lot of margin calls and panic selling. Both WYNN and LVS have been decimated the past few months. A lot of bad news factored into price of stock. Could be more coming but I think today capsulated most of it.
Both traded huge volumes today. Much of it was for the FOOLS who buy on margin and got their
rightful calls today or prior. These stocks have really been hammered the past few months. See what happens going forward. All bad news probably not out but the stocks have discounted much of if not all of it.
Well, it's NOT over. If you read the ENTIRE article (and not just what you want to read) legal counsel for WYNN is taking it back to court in a different format. This is NOT over!!!!
This is why I have made this my largest holding. What Klaus Kleinfeld is doing today will be great for this company tomorrow. Even the commodity side is doing decent. There could even be a dividend hike at end of 2015.
THIS IS PITIFUL! This LOUSY stock has slipped even more after the announcement today and one of the WORST DOW performers this year. Immelt may have to GO. I just cannot believe IMMELT and the Board has the courage to raise this thing a measly 5% compared to previous hikes in the double digits. INCREDIBLE and a loud voice as to how the Board and the LOUSY CEO think of performance going forward.
I just added even more shares at the close. It's worth the investment.
I just blogged earlier that this is completely baffling to me. I added more shares today, albeit higher than current price. Another announcement of plant expansion today to accommodate higher demand for products. Klaus Kleinfeld is a dynamic CEO who has really turned this company from a
commodity business to profitable engineered products one. Its recent acquisition will only be accretive to earnings. I guess year end selling is a good explanation as any. I know of no other one and I keep on top of this stock as it is my largest holding on capital appreciation and purchasing of additional shares on all selloffs. Volume is lighter today. Guess need ANOTHER catalyst to get this stock to the next upward level. Good luck! And Merry Christmas....
The performance of this stock is completely bewildering to me.
Volume is under 30 day average today and is down over 2% in a constructive market. There is a plethora of positive news on the company and it continues its descent. Of all my years in investing I have never seen anything like this. I'm completely baffled!
Well,, I guess I don't. You see, I ADDED more shares to my position this morning!!!! Marks my 76th
purchase with NO sales over the past few years.
GE will announce dividend HIKE tomorrow morning pre-market. I hope the GE board makes a HUGE
statement about their business and hikes 4 cents per share. This would represent a 18.18% divi HIKE!
Mark this blog!
This time AA. What a bargain (for the next 2 years). And I get a dividend which EXCEEDS any
CD one can get anywhere while I wait for strong capital appreciation. This is about what investing is!!!
Nice to have cash to invest when opportunities come one's way! Bought LVS yesterday.
Sentiment: Strong Buy
Will be interesting to see how casino stocks in US perform today. Futures indicate another down opening but could see a reversal. For the past 6 months only shorts have made money in this
I'm predicting next quarterly dividend announced this Friday, December 12th. I am predicting a minimum of 3 cents per share INCREASE and, perhaps, 4 cents per share. This will raise divi to $ .25 per share representing a yield of approx. 3.8+% (based on 3 cent raise).
I will admit this has been painful. Other stocks of mine are down, too. But have
quality stocks and will look out 2+ years. Looks like some margin calls coming in for some. Adds to volatility. So just ADDED more shares of LVS with CASH account. Do NOT do margin. Been a great ride for the shorts. If you've been shorting, congrats!