just saw your post there - good for you. when they announce earnings next week they'll also declare the dividend.
as I mentioned, for the past couple quarters shares have slumped going into earnings. no big deal. if shares dip below $3.20 before earnings I'll buy lots more. shares have been sticking within the $3.30 to $3.60 range steadily for 6 months now. earnings will be up this quarter. so more will depend on the outlook for remainder of the year. it should be a good earnings report though.
Start acquiring those small/mid-cap banking stocks with good dividends and rotating out of the garbage.
Next 6 to 12 months are going to be painful for the rest of the market. The market may not dive, but I don't think we're going to see any major upward move like the past couple years. I'm almost as negative as you were at the beginning of the year.
It's ok to have some speculation stocks, just don't make them the bulk of your portfolio and spread out the buys to average down.
We've seen this before and if you sell into this, you're just feeding the panic. If you will sleep better taking your money off the table with your profit, then that's the thing to do. However, though it may not be time to load the boat, you need to keep your head on straight and look at things objectively. Company grew the top line, grew profits, grew backlog, outlook is still very good. History has shown that when this happens, it's best to slowly acquire on the way down. That's my plan - it's worked well before, I'm confident it will this time too.
there is going to be a negative spin on the bottom line. that's just the way it is. time to buy will be in a few weeks once all the dust settles.
longer-term prospects are still excellent, unfortunately Mr. Market is focused on the numbers and is looking for any reason to shoot down shares at this time. I really don't see any catalysts between now and the next earnings report, so we're likely looking at dead money for 3.5 months.
Lumpiness cited - not out of the ordinary, but I think expectations for a better quarter had been set for higher year over year growth.
Near-term weakness in the shares likely.
Shorts will likely profit.
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.