Someone is taking advantage of the weak market to load up on OPK. I haven't seen anything to account for the strength, but I'll take it. The combination of the big short interest plus the huge pile of shares in very strong insider hands gives me a sense of confidence that the downside is not great and the upside is tremendous. Once OPK breaks out, and I believe it will, I think it could run all the way to around $10 or maybe even $11.
Get real. Take a look at a chart comparison of MCD vs. VTI for the past year. MCD is up barely 1% vs. about 23% for VTI. Is that what you call raising the value of your shares?
The more comments I see like faz239, the higher the stock seems to go. I'm not sure why, but some people delight in making themselves look as stupid as they can. Must be some sort of psychological defect that compels this sort of behavior.
As a very small investor, you would probably be better off owning VTI. There's no commission to buy or sell (if done through Vanguard), management fee is a ridiculously low 0.05%, you get maximum diversification all in one convenient package, and it has been outperforming MCD by a wide margin in recent years. I sold MCD at $100 and put the money into VTI at $92.
Without looking further into what you're saying, this smacks of a too-good-to-be-true scenario. Anything with a 9% yield immediately raises big red flags as far as I'm concerned. What worked in the past won't necessarily work in the future. Anything that boosts the return by a factor of 2 MUST involve increased risk by the same multiple.
Don't be so sure. I sold out of MCD at $100 and switched into VTI at $92. VTI has now caught and passed MCD. A yield on MCD of 3.85% would be very reasonable given the poor comps they've been showing. I can't see much more than about a 5% dividend increase at year-end, so the yield at $84 would still be under 4%.
With 7 consecutive months of declining U.S. sales, MCD does not deserve a price above $90. The excuse that bad weather kept customers away during the winter is no longer convincing anyone. The only excuse for declining sales is over-compensated, under-qualified top management.
The Zacks upgrade has me worried. Zacks has an abysmal record. Based on that, I wouldn't be surprised to see a correction very soon. I wouldn't sell, but I'd definitely wait to do any more buying.
Zacks recently ranked PCL a #4 (Sell) saying the stock was overbought. I'm no fan of PCL, but Zacks has a dismal record. Just on the basis of the Zacks downgrade, I'd be on the lookout for an opportunity to start doing some cautious buying. Then, when Zacks changes their rating to a #2 (Buy), I'd sell. I've done this before with the Zacks rating system, and it works fairly consistently. In fact, I sold PCL at $50 when Zacks liked the stock. PCL dropped like a rock to $45 within days. Nice call, guys.
I long ago learned to totally ignore anything that Zacks says about anything. As an advisory "service", they are less than useless.
The people at PRIMECap Group have been way ahead of the crowd in loading up on airlines (and biotechs). They had about 6.5-million shares of JBLU in the PRIMECap Odyssey Aggressive Growth Fund (POAGX) as of the October, 2013. For what it's worth, POAGX was up an amazing 54.8% for 2013 making it one of the best performing funds for 2013 and making me a very happy investor. PRIMECap takes a very long term approach; they're not traders. They also have an excellent record of picking takeover stocks, although that's not their main focus. I suspect that PRIMECap would be looking for even higher than your $15 target price but over a longer period of time than one year.
Looks like EPD broke out of the recent tight range to a new all-time high today (Friday, May 30, 2014.) I've given up trying to guess the top. I'll let you know what the top is after it happens. It seems as if whenever I sell at what looks like a "top", the stock goes higher. Then, I'm sitting on the outside watching it go still higher and waiting for an opportunity to get back in. By the time the pullback comes, it's usually higher than where I sold. I've missed the dividends (distributions), paid a capital gains tax, and have nothing to show for my efforts. My conclusion is that it's better to just sit back and relax until the fundamental picture changes. IMO, EPD is in the right business at the right time in the right place, and there's no reason to get out. As long as the company continues to pay an ever-increasing distribution with sufficient coverage to be comfortable, I'll just go along for the ride. My only regret is that I don't own a whole lot more than I do. Instead of looking for an opportunity to sell what I have, I'll look for an opportunity to buy more. I've been in this game for nearly 60 years, and I've seldom regretted owning stocks. However, I've very often regretted selling them. You people should follow my example, stick with what's working, and stop thinking about selling. You can learn a lot from my mistakes.
Well, I guess you were too optimistic. $103.78 was the best it could do. I still believe it will see $95 before it sees $105. Judging by today, it's looking more and more as if the path of least resistance is down. Do I think MCD will "ever" go higher? Sure, but "ever" is a very long time, and that's how long you might have to wait. Meanwhile, enjoy the dividend, because that's about all there is to MCD.
And yet again on 5-22-14 ($81.19)!!!!!! It pays a much better yield than bonds and grows like a high tech stock. The long term chart is as pretty as they get. Wow! Fasten your seatbelts. Tray tables stowed and seat-backs in the upright position. Ready for takeoff.
None of them are any good. There may be differences between the different brands, but they're all terrible. As bad as they all are, McDonald's is by far the worst. Their meat comes from old, retired dairy cows with tumors the size of basketballs. Many of them are too weak to walk and have to be moved with forklifts. They're so covered with excrement that it's hard to know what kind of animals they are.