I call that trading to make the equivalent of the quarterly dividend, imagine that, making on a profit on down day that you are celebrating - OH MY - OHHHHHHH MYYYYYYYYYYYYYYYY!
Hey doush - Microsoft's average quarterly profit margin from the beginning of 2009 till now is 26.66%, Apple's average quarterly profit margin for the same period has been 22.56% - Citigroup staff must be smoking something because profit margins don't lie, Microsoft makes a greater profit on their cost of doing business than Apple does, but I forgot, you dont know how to look at the actual number and are so willing to take stock on whatever flashy headline that is printed - OH MY!!
You are absolutely correct and spot on. The Confederate flag was part of a symbol that the slave transporter brought into the the Americas. Seems when the warring African tribes in Africa would capture other African tribes and march them down to the coat to sell them into slavery, the African Chiefs had hankies that were decorated in the shape of a confederate flag and would present these as gifts to the ship captains when the African Chiefs sold his captives. Over the years, this gift evolved into the shape of what it is today. The symbols, with the meaning lost over the years, actually represented a financial business plan that the African Chiefs were beginning to use for forecasting future revenue growth and profits by exporting product from Africa. Additionally over the years, the African Chiefs became very smart, give the ship captains that have the fastest ships in the supply chain preferential treatment in getting the best and largest quantities of slaves to market the fastest and strategically plan battles so attacks would only have to happen in a "just in time" fashion. By the late 1850s, the African Chiefs became very concerned about losing market share with their products, so they began to export their warring theology. Their most successful export of their theology was quickly adopted as the swastika became popular and seemed to resonate a cord with the German people and Adolph Hitler. The #$%$ dictator style of government, along with the Confederacy, actually started in Africa, I've also heard that the African Chiefs also had their fingers into creating the #$%$, so as to continue to punish those captured and sold into slavery for generation upon generation.
If you read the prospectus on PHK, all 93 pages plus Appendix A and B, you will know exactly how this fund does what it does.
Have you ever asked yourself why Microsoft is not including Blackberry in its "Microsoft software will run everywhere" paradyme under Nadella?
I used to be pretty good with Technical Analysis years ago but abandoned it when I came to the realization, you don't drive a car forward going 90 miles per hour by only looking in the rear view mirror, now I am concentrating on the dynamic of time to indicate how price moves. As far as patterns, those are up to how you want to interpret them. Abandoned Technical Analysis in 2005, but it doesn't that I have forgotten anything. If you look at the chart from a measured move perspective, $49.16 being the last highest high and $40.29 being the last lowest low, on a one year look see at Microsoft, when it does break to the upside, appears to be an $8.87 movement upwards. On the one year chart Microsoft is in what appears to be a flag, pennant, or wedge formation (however you want to interpret it) the appearance to me say those are bullish indications of a breakout to the upside. Appears, that to me, if Microsoft breaks out to the upside (like if it broke out at the current price level), I would be looking for a move up to around $54.50/share or there abouts. Where ever Microsoft breaks out from, would still look for a move of about $8.87 to the upside. A word of caution though, expecting a breakout to the upside could be false and it could always head south. You can do well with Technical Analysis but it is not 100% correct.
and Carl Icahn at some point will dump his Apple stock too, lets hope you think just as kindly of him when you see your core position nose dive.
That's my plan on trading Microsoft going forward, pull the trigger when the equivalent of the .31/share can be made. Staying long term to catch the dollar moves just means losing the opportunity to make more profits than waiting for the big moves. Surprising how quickly profits build. Microsoft is for all intent a trading stock, took me a while to finally change my trading approach.
PHT and PHK are managed by two seperate companies, the two have a different approach at how they go about trying to make money, appears there is greater risk with PHT.
Pioneer High Income Trust is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in fixed income markets of the United States. The fund primarily invests in below-investment-grade bonds, high-yield corporate bonds and convertible securities. It seeks to invest in bonds that are rated BBB or lower by Standard and Poors or a similar national rating service. The fund benchmarks the performance of its portfolio against the Bank of America Merrill Lynch High Yield Master II Index. Pioneer High Income Trust was formed on April 25, 2002 and is domiciled in the United States.
PIMCO High Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in the public fixed income markets across the globe. The fund invests in U.S. dollar denominated high-yield corporate debt obligations. It employs fundamental analysis along with a top down stock picking approach to make its investments. PIMCO High Income Fund was formed on April 30, 2003 and is domiciled in the United States.
You should learn how to trade, I picked up 4110 shares of PHK yesterday at $9.3099/share, with the run up today, I sold and had a net profit of $928.449, had I kept those shares to collect the dividends, I would have only made $529.1625 on a dividend payout next month. That's a profit of $399.2865 over and above what the dividends would have paid out. That's a 43.0057% return. My take is whenever the price appreciation is greater than what the dividend payout would be, I always pull the trigger. I missed getting in before the ex-dividend date for June, but the profits on the $928.449, that would have been a dividend payout equivalent to 7211.5427 shares. Looks like I already earn a June dividend with without having been in before the ex-dividend date.
Actually PHK was paying 0.12875/share when the price was trading at $3.14/share back in January 2008, the price could go lower because it has in the past. Would not get overly concerned on price swings unless there is a dividend cut, from looking at PHK's history, its a strong and stable dvidend payer regardless of what price it trades at. Prices go down, prices go up, would not get concerned about short term price swing noise.
You are spot on, if one goes back and researches the price per share and the stability of the 0.12875/share payout, dividend pay cut, appears to be highly unlikely. This looks like profit taking. Was in CFP and CLM last week, the monthly dividends that I would have received from those 2 was around $5300/month,. but when the momentum drove the price per shares when just appreciation on share price was more than what the dividend payout would have been, I pulled the trigger and made $8606, on both. Since it was a momentum play, it made more sense to take the $3306 in profits over and about what both would have paid out in monthly dividends. This fluctuation is just profit taking.
Do you actually mean that the cash that you already have on the side, the dry powder, should be ready to pounce on MSFT as soon as an excellent entry point is found? You do have dry powder ready to pounce correct?
Stop your intellectually lazy whining, no one cares that you are not capable of embracing change in software. If there is a God, all the Windows 8.1 for Dummies will be sold out and you will never be able to learn what takes maybe an hour to master Windows 8.1. Please do the world a favor, if you have a smart phone, you need to quit using it immediately, because it hasn't made you any smarter. You should suffer in the purgatory of your technical ignorance.
FYI - just received my coupon payment on CEFL, I must have calculated wrong, thought I did the math correctly to get $577 on the coupon, but only received $571.23, still my target was for $500 for this month on CEFL, so a favorable experience so far,. will have to wait and see what the future payouts turn out to be on this ETN.
For everyone sleeping, how much did they increase their positions in Microsoft?