Hi Phil. What do you think of a plan whereby shares of FSC are initially acquired around $6.25 with dollar cost averaging applied from there? I was considering picking up 1,000 around $6.25 and then acquiring additional shares, 1,000 at a time, for every 20-cent decline in share price. I guess I would max out when having 5,000 shares.
In the August 31 edition of Bar*on's, AAL is rated as a bargain in an article by Jack Hough. AAL was initally recommended by Bar*on's back in July. Since then it has pulled back to $38.62 from $41.56. S&P does give AAL a 5-Star Strong Buy rating with a price target of $70. I have noticed that Jet Blue (JBLU) at $22.30 presently has advanced from its June 30 price of $20.76. S&P also gives JBLU 5-Star Strong Buy rating with a target of $30. Credit Suisse has a target of $28 for JBLU and an outperform rating. I have also noticed that DAL has a high rating now by S&P. JETS is an ETF for airlines, but very thinly traded. Comments from other welcome.
This puppy is up nicely prior to the CC on heavy volume. I may self half prior to the CC and hold onto half or hold all of my shares. (Thanks again for convincing me to hold off on when I bought it. PSEC got down to price levels I never anticipated. You are one sharp trader!)
Phil, thank you for the data. I will go over it later, as I am stuck for a few hours watching three young grandchildren The three-year old is driving me bonkers. Thank again.
Good morning, Phil. Would you please update me as to what petro and petro related companies you own at this time? I am contemplating acquiring shares in some of them now. Thank you for any info you may provide.
U.S. Bankruptcy Court Judge Robert Drain approved the sale today for $8.1 million.
I got my butt kicked today and went into the red for the first time this year. At my advanced age, I've become a big chicken and am now over 90% on the sidelines in cash. Hopefully this won't get much uglier.
Good afternoon J. At the PSEC website, it designates now a date of 8/2715 for the fiscal year earnings release and conference call.
You are correct. They are too big to fail, but also too big to function effectively. I had fun and games with BAC last year involving an account.
That's sadly comical. It's symptomatic of an organization that is in need of repair. I'm not saying that WMT is as messed up as the Federal government and the Obama Administration, but it's trending in that direction.
Hi Phil. Be careful with WMT. My wife's brother has a pretty important job with them and is no longer a happy camper with the company. Clams that the left hand doesn't know what the right hand is doing. Mammoth size of the organization may be its own worst enemy now, despite the historical advantages that it has afforded the company.
Thank you for the comparative data. I decided to check Walgreens (WBA). Per TD Ameritrade, WBA institutional ownership stands at 57.61%.
Some folks may be interested in WIN, the telecommunications company. Since late July, the stock has climbed from the high 4's to the high 6's. It's up over 3% today.
Thanks Phil. Just to let you know that your postings regarding PSEC caused me to delay picking up any of it yesterday or today. I guess I'll wait to see if it pulls back more.