guess it is time for you to move? France? Spain? Italy? great governments, great economies. Great leaders. Great standard of living funded by great governments. take Ikii with you.
really, i know US govt isn't perfect. none are. i do prefer it over all others. i fought to protect it, i believe in it.
Obama isn't the best but, what we should not lose sight of, he is our president and commander in chief. mine and yours. we can vote against him or the next Dem candidate but, that is our decision and choice. i will protect and defend that right, and our govt.
wish you the best... BP too...! just loving the run. my cost basis 41.97 PPS not counting great dividend. wish i had not trimmed so much. seeing great strength on medicre oil prices. the investment community is buying BP.
thx for your post. always valuable to hear from other shareholders. depending on market and PPS performance, I might hold until next earnings report. unfortunately, that timing approximates another govt fiasco. I am afraid that Republicans are emboldened by recent approval rating of Obama and may want to make an even bigger stink this January. debt ceiling. was hoping to cash out on things in late Dec and buy back in during January. guess we will see.....
yes, I too see the resistance at 15. a lot of SO holders are selling then - IMO. let's hope for some better days. altho I hate losing money, and don't like incurring opportunity costs, what I dislike the most is underperforming the DJI. I have done that all week and FLY is one reason why.
thx for your post.
beq, you are correct. my Ameritrade calendar had 11/25 for ex div date. makes me feel somewhat better. nonetheless, a lot of selling afterwards and PPS continued to plummet. an ugly day with this one....
right. like in China where companies are free to exploit their population and pollute the water and air. like N. Korea where their govt controls corporations and sucks their life out of them. and like Russia, where their black market is free to extort companies and literally gets away with murdering executives who don't comply. then there is always Mexico where company employees are afraid to live because the police offer no protection from the drug cartels. hey, you can always put your company HQ in Somalia. or, how about the United Kingdom where they tax corporate profits to the point that they must produce off shore. oh yeah, beat down the US and its govt. capitalism, is dead right? come on!!!!!!!!!! we are a govt of laws. ain't always perfect but don't go slamming us on the 150 year aniv of the Gettysburg Address.
by the way, if BP wasn't sprinkling service stations throughout the US, pumping oil here, making profits here, they wouldn't be here.
I like BP and invest in it. I like the USA and support it. I am an American. a capitalist. seems to work for me....
FLY currently down .50% with dji up .63%. bad adverse relationship. having serious doubts about FLY as a "long" hold. the only thing that seems to protect the PPS is the yield. that isn't good. quite obviously this stock is not held in very high esteem by institutional buyers. again, not good.
gotta see something real soon. this is becoming tiresome. my sentiment has changed from strong buy, to buy, to hold. at best....
sorry. when a stock drops by 2.88% in an up market with dji up .63%, it is reasonable to call this a free fall. ugly. why the selling in an up market with dividend pay date approaching soon? looks like institutional selling. this is a real bad sign. soon, I am saying this is a garbage stock. shoulda known better. investing in carnival rides... worse than DIS.
and in the toilet today. in an up market too....
I bought back in 2 days ago. bad timing. down 3.19%. I take a 7% hit, I liquidate this position regardless of dividend yield.