I noticed that owith bond funds. LQD was up a buck (.87%) on heavy volume. It hasn't done that since last January.
ED and the other electrical utilities should pull back as the week progresses. They are up today, supposedly due to a Supreme Court decision which is perceived as favorable.
Pharmacists in your family. Honorable profession for sure. My wife was a RAD manager for many years. Regarding CVS and Walgreen, RAD is capable of bigger percentage pops.
This stock may be too volatile to suit some of the investors on this board. In addition, there is no dividend. However, if timing is properly executed, a relatively quick and substantial return can probably be realized with this stock. I'm going to initiate action by purchasing 1,000 shares prior to today's close. I'll then dollar cost average by multiples of 20 to 25 cents, up to 1,000 shares.
You're absolutely right Phil. It was a wonderful pump job by Barron's. Almost all of the carriers were up significantly today. I got out of JBLU today.
If you want to see an ugly graph, take a look at a three-year chart on ARR. I got rid of all the shares I had back in 2012. It was in the 7's back then.
Good afternoon Phil. So Edward Jones was trying to save people from financial slaughter, eh? Well, that is certainly a positive. Yes, many folks got burned by holding AGNC. I lucked out and unloaded before it tanked. Made very good money, but in retrospect, the risk was so great. I just didn't realize it at the time. At one point I had $85,000 of AGNC stock. Foolish me! The only "full service" houses that I have dealt with are Merrill Lynch and the extinct E F Hutton. I never felt that I got my money's worth, especially with Merrill.
On a different note, I was going through some old papers/notes yesterday. I had forgotten, but I had FSC back in April of 2013. I sold 1,685 shares for $10.94 on 4/26/13. That's scary! The longer term trend is obvious. Talk to you later.
Thank you very much for the information. I'm going to review these stocks and dig up up I can from analysts. You're definitely more knowledgeable on these matters than I am. I'll have to go over it some more. Thanks again.
For what it's worth, I just read at the GOOG Finance website that National Securities (never heard of the company) reiterated their "hold" rating on FSC with a target of $7.00.
I wouldn't be surprise to see it go into the lower $6.80's. However, don't go by what I'm thinking. I'm wrong a lot. I'll guess that I'll buy some pretty soon and start dollar cost averaging. Good luck.