Well.... I keep hoping for an avid discussion of this stock, but never see one (except Todd Sullivan's blogs). I have been accumulating this stock snice I got it as a div from GGP (which I sold @ 21 and change, and bought back a few weeks ago @ just under 19). after accumulation it is now 30% of my portfolio (which is unusual for me). It has now reached my target of $120, but feel it is still a winner. I have plenty of bad stocks, so I'm not bragging, but HHC, along with LGF, and WLL, All of a sudden, I feel a need to re-balance. Any HHC insight here?
I too, have been scared out a couple of times, and reduced my position by half each time. I was lucky enough to buy back in, and increased my position to where it is 9% on my portfolio. I have already booked 10k of profits. I cannot buy more, as my personal rule is no more the 10% of a particular stock. I do see risk into earnings, but believe that this company has value (content), growing, and a takeover possibility. I am happy with the position, but pay careful attention to it. I am up 5k at this post, from existing position. I like the stock, but will not risk more then 10%.
This is what I got from Charles Schwab today? What does it mean
Dear Client, We want to inform you that we're sending you information about the Securities Lending Fully Paid program ("SLFP") via US Mail today. This program can potentially increase the yield on your holding of FUSION-IO (FIO) (Account Number XXXX-xxxx). Before enrolling in the SLFP program, please take time to read and consider all of the documentation provided and consult your tax advisor or legal counsel. If you have questions regarding the SLFP program, please call Charles Schwab Securities Lending at 1-800-355-2448. Sincerely, Charles Schwab Securities Lending