check Y! Finance headline story this afternoon "3 sectors to buy as stocks sell off":
One of the laggards of 2014, financials are a sector Ablin’s eying right now. “The financials are pretty cheap,” from a relative point of view he says in the attached video. “Net interest margins are virtually nothing, but as the taper concludes, and potentially the 10-year treasury rate (^TNX) rises, then net interest margins increase, lending potentially increases (certainly that’s what the Fed would like to see), and banks move to profitability.”
With yields potentially rising, Ablin feels this creates a favorable environment for banks.
"if profits rise with rates then i assume the spread between what they loan money to customers and their borrowing costs rise because right now their borrowing costs are almost zero."
Bingo! If you read the quarterly earnings announcements from all the banks, for the past 2 years you'll see the same comments out of all the CEOs - "...another challenging quarter because of low interest rate environment". It's all about the spread and right now, there is none.
well, I'm still watching...as long as they're not losing lots of money, there has to be a price where it's worth buying some - right?
I've always believed that they needed to do a reverse split to get the number of shares down...same situation as TGC. So long as you have shares trading for less than $1, with so many shares outstanding, there is just too much liquidity to get enough traction for them to go very high, and you always have the people playing games for fractions of a penny insider the bid/ask spread. Small companies like JSDA and TGC should really have no more than maybe 10 million shares outstanding...something between 5 million and 8 million shares would be even better. This is the one thing I've disagreed with JSDA management on that they are so reluctant to do a reverse split.
No doubt. It gets boring watching the shares go up to $16.00 every day, then see them take it back down to $15.25 to $15.50. They're hoping for a replay of last year after earnings, but they're not going to get it this time.
I'm definitely overweight on the banking stocks right now and may get even more overweight...positioning for inevitable interest rate increases, which will help the banking sector and power earnings growth, increased share price, and increased dividends.
staying clear for now.
reducing risk in my portfolio somewhat, slowly picking up more of my smaller banking stocks and slowly picking up others I have as they are getting pushed down. you may want to nibble on some DRAD...at bottom of trading range, earnings in 2 weeks (which will be good), a dividend payment to follow. current share price action always happens prior to earnings. Eberwein currently owns 5.2% of the shares. this may be the quarter when the shares break higher. if not this quarter definitely next. anyhow, have a look.
"artificially colored and flavored children's soda. read the ingredients. i would not give this stuff to a child i cared about."
As if any soda is "good" for anyone? Craft soda is less "harmful" than Jones or any other mass produced brand? If Jones soda runs about $1.00/bottle retail, how much is your craft all natural soda costing you?
And sorry to disappointed you, but there are also natural flavors in all Jones sodas as well. Maybe you should read the label?
That post of yours takes the cake bozo.
my basis is already low $3.30s so below there is where I'm buying again. I think I snagged some shares last quarter at $3.00 to $3.15 range on the one day when it went there.
seems the shares have done this same thing before earnings past couple quarters.
the shares are going to break higher one of these quarters...happy to be patient in the mean time.
Really? Well, then there are quite a few coincidences where someone happens to create new ids and then immediately post on the boards of the obscure companies you do, and does the same thing as you capitalizing random words.
Do you really think that could actually happen? I really don't think so. But, if playing games like that makes you happy, you go right along and continue to do it.
I saw it this past week - I just can't buy that one.
Waiting for SNTA to pull back more. I'm thinking shares are going to be flat/weak over the next 2 months or so, then will strengthen through year end.
On March 7, Brad Weimann exercised 10,000 shares at $12.84 and did not sell them. This is very important - more important than a normal insider purchase of shares.
The best plan is to acquire shares slowly if/as the market wants to send them lower. I think most folks who know DAKT understand that the shares are a bargain here with the secure dividend and good showing the company will make the remainder of the year. However, the market has a way of overshooting and exaggerating things on both the upside as well as the downside. It happens even more frequently in a jittery market as we have now. For patient buy and hold investors it creates opportunity.
Play this smart, acquire slowly, lock in a great dividend, and enjoy the share price increase going forward.