Out of buing stocks for awhile. My wife and I just purchases a house. It is know about what stocks to sell to pay for the downpayment
Tough to value this company when the looking at the cash postion. Maybe the should fold up shop and distibute all there cash. Would be worth more then there shares. You would think the board would be looking to sell the company and try and salvage something for everyone.
Way to technical for me to understand. However it was nice to see some pictures of there products in action.
Does anyone else own GE. I have some 01/14/14 call options @ $13. I bought these a long time ago so the have about tripled in value since I bought them. I had orginally planned on exercising these in Jan but know am thinking about taking my money and investing in psec. Does anyone have an opinion on ge and price projections? Thanks in advance.
I agree thanks for who ever brought PSEC up they are my second biggest holding after sfl. Mostly I have it in my retirment accounts. If they could stay the course I would love to collect a monthly dividend check from them after 30 years of reinvesting dividends.
Does anyone here trade on margin. I have been researching it and in certain situations I think it could be a great way to increase ROI. Example if I can borrow money on margin @ 7 3/4% annual basis. I could buy a stock like PSEC that pays a monthly dividend which equals 12%. If the trading range stays in the 9-12 range purchase @ 10.500 range. It seems to me that I could add an additional 4% return to my stock that I own. I recognize if PSEC goes broke or it falls to $1 I would have to cover the margin call of potentiall $9. Thoughts
Larry, thank you have sharing all your information! I am extremely impressed with the time you took to visit the plant and share the information. I hope everything comes true that you brought up. Thanks again
My first purchase was on 7/17/2007 300 shares @ 1.45. Fourtantly I have dollar cost average and have brought the purchase price avg down significantly.
How are the crops looking in southern IL. Around the quad cities they look good. We are just starting to pollinate our early planted fields. This years crop is spread out will be a long fall.
On a side note I must be the young investor on sfl message board. only 30
I just started buying FCX about 2 weeks ago. Mostly in option Jan 14. It will work best if FCX can close above 33 on option experation day.