They also announced a 60% dividend increase and increased the share buyback by 80%. All I can tell you is that if I was going to buy MA today and pay 4% more than I could've bought it for yesterday, it would be because of the dividend increase and buyback, not the split.
I'm at work so I'm trying hard not to laugh out loud, but that is #$%$ hilarious. It takes a special type of doofus to call his boss a spawn of the devil and mean it literally. If you'd rather nail yourself to a cross rather than do the rational thing and find employment elsewhere then you'll find the misery you seek. There's something not quite right about you, and my guess is that people who meet you can sense it right away.
40% after commission, before taxes. I think I know what you're getting at, but the JNJ proceeds won't be taxed as LTCG until 2014, and the 40% returns taxed as STCG will still be greater than the price appreciation of JNJ during the same period.
I have this nagging feeling that you're trying to set me up for something here, but as a gesture of goodwill I'm going to ignore my gut and try to engage in a civil conversation.
HD was recommended by a buddy who works for a hedge fund in NYC. I wouldn't have picked it myself, but piggybacking the trades he's made in his personal account has worked out spectacularly well for me in the past. Do with it as you will.
If I was to choose from the other stocks I'd say WFC and DE have the most room to run. WFC are DE are spectacular companies with PE 's of 12 and 9, respectively. A steepening yield curve should benefit WFC. DE should get a boost from a cyclical rebound and the market is pricing in near-zero growth so it's not going to take much for them to surprise to the upside.
I have no opinion on GILD. Never looked into it despite the impressive performance. Is that something you own?
Thank you. It is a very basic concept indeed, and something I've tried to explain many times. An index fund tracks an index. It's not a mutual fund where a manager picks stocks for you. I'm not trying to reignite a flame war, but there really is no excuse for not knowing that if you're managing your own money.
Sold SAN for a 40% gain, and VTI is still tracking the overall US stock market, which is the point of #$%$ market index fund. They are both outperforming vs if I had kept the money in JNJ, for the record. If you're honestly curious about what else I'm holding I have HD, VRNT, WFC, DEO, and DE (new position as of today). DEO has been the laggard of the group at "only" 8% this year before dividends, but I've owned it since 2009 so it's still done well overall. Honestly this year has made everybody look like a stockpicking genius. I'm starting to pare back exposure to stocks overall. Not trying to make a directional call, but will be using the cash for a major purchase soon.
"Never quit never will,they will never railroad me."
That just makes you sound like an idiot with a martyr complex.
WSJ has an article about stock splits. Excerpted:
"If you are thinking that two nickels wouldn't make you any richer than one dime, you are right. [...] Some research has showed stocks that split have better long-term returns than those that don't, perhaps because investors believe splits signal corporate health. But those findings have been contested, and investors who think that splits are a reliable way to beat the market are asking for heartbreak."
If those big dumb apes named compaqaudi and fake cheezaroni are still out there I'd like to hear their big dumb ape responses to this. Or not.
Compaqaudi will play the role of the rube: "Hurr durr more shares is always better cuz it's moar."
Fake cheezaroni will be aggressively stupid and insecure as usual: "All of you, look at my money! LOOK AT IT!"
As if you speak for the board, win goat. You're a social pariah and a huge crybaby to boot. Go away.
I just realized who Crushed reminds me of: Travis Bickle. Watch "Taxi Driver" then re-read Crushed's posts and tell me I'm not right.
No, he definitely has mental problems. I've seen him in his darkest hours and his problems go far beyond his childish attention-seeking behavior.
The source of the "litmus test" story is Jim Garrow, who falsely claims to be both a Nobel Peace Prize nominee and a CIA agent. He also claims that Obama had Tom Clancy and Andrew Breitbart murdered because they were going to expose him as a gay secret agent from Saudi Arabia. You're insane because even now that your story is based on the paranoid ramblings of a madman, you continue to believe it, not because it's true, but because you want to believe it. Hence, when people say you're detached from reality, they're not trying to insult you, they're merely making an observation.
Def, if you don't want to accept help from me, then please accept help from somewhere. Let your pastor read the insane ramblings you post on here, and I guarantee he'll be just as concerned as the rest of us are for your mental well-being.
There's no need to make a distinction between firing on citizens and firing upon innocent individuals because the "litmus test" doesn't exist in the first place. The only source is Jim Garrow, who is prone to flights of dystopian fantasy. Consider the fact that he falsely claims to be both a Nobel Peace Prize nominee and a CIA agent. He also claims that Obama had Tom Clancy and Andrew Breitbart murdered because they were going to expose him as a gay secret agent from Saudi Arabia. The fact that any of this is taken seriously goes to show how unhinged the far right has become over the last 5 years.