Always nice to get different views. No matter how right or wrong they are. Sort of like the question asked by your wife..."Do I look fat?".
Danish...we reinvest the dividends. Most analysts have it a hold. On Barron's 8 have it a hold,1 underweight and 1 has it as a sell. On Stockgrader...they have it a sell. Sometimes you have to go against the grain. If it dips to $25... I would buy again.
Wife and I bought SNH on a hunch. Didn't study any charts (not too smart I agree) just because it made sense. Aging population and the need for older adult housing (refusing to say senior just because we just became seniors..:)..). Bought at 22.49 in October '12. Nice return so far.
Agreed. It will flounder around that . At the earnings call, they said a new CEO would be announced within 60 days. That should give it a small bounce. But after the last experience..for it to go up further there will be a need to see if the new ceo is better then the last one. But, that won't be hard to do.
The answer may be contained in the question......On Gasfrac's 4th qtr,, it showed that it had 321 revenue days. On the 3rd qtr. statement it showed that it had 91 revenue days. On the 2nd qtr for 2012 it doesn't show any revenue days. Could someone explain all that for me? Thank you for your help. Apologize for my stupidity.
The CAT in my portfolio is like an old pair of tennis shoes. They did well....served their purpose (made money for me)...and put them in the closet for a new pair(industrial sector) (new pair is WM....lower beta and better dividend). Yet, I still have them in the closet (portfolio) and can't seem to throw them away.
One thing obvious Paul is that those boob-birds weren't investors looking to help a company grow (and in term your money would grow). They wanted a quick turnaround. I work in a store that has seen the shelf space in CAG grow more then other food stocks without making a lot of noise. If you want quick turnaround for your money, go to Las Vegas. Of course, you could lose there quick . Patience is what you need in food stocks...patience.
Thank you for the info frac_guy. . Amazing what technology does. Curious about one thing....and this may be a question for others in this room. Do you cinsider Gasfrac an energy company or a technology company? Me, I consider it a tech company .
I don't think Icahn can imtimidate RIG like he does to other companies. His stake is smaller then usual and with Europe being what it is now...they will take their sweet time on a dividend if they even bring it back.. At $4 a share...hope they do. Realistically.....no.
1.) Would love to find a new advisor,but he has made me money and saved me money over the years...so I put him on double secret probation.
2.) Put in a stop loss on RIG yesterday (before reading your reply) so that is one less worry.
3.) Already own some SDRL..have had that for 2 years now.Helluva divy.
4.) Thanks for the help.
Bought some RIG at 57.40 1/30/13 on advice of my advisor. He says there is a dividend coming in the future because things are starting to settle down with Mecando settlements. But it has dropped so much so fast..having second thoughts. With everything still unsettled I cannot see one coming for quite a while. Your opinion folks. Thank you.