"So far I know that many listings have their best week in ten on the week before their listing and their worst week in ten the week before delisting."
Sounds like some are able to front run the "news" of a stock being included or delisted.
"Still not sure if we pay taxes on the gains if we don't sell at all in a given year, but I'm in long anyway."
If your holdings are in a taxable account, all distributions a mutual fund pays is taxable--regardless whether you actually sold any of your fund shares or not.
You're not that good with the day trading thing are you?
Current (delayed--oxymoron?) quotes:
Good thing you're not long EPD.
"...id rather have the extra shares and the same overall price..."
Of course you would, and apparently a lot of retail get confused presumably because they get emotional about number of shares they own v the VALUE of a position.
10% gain on $25,000 regardless of the number of shares is 10%.
Using my example, 100 shares @ $250 is the same as 111.111 shares @ $225, are you with me so far???
Both positions rise 10%
100 shares @ $275 = $27,500
111.111 shares @ 247.50 = $27,500
Bottom line: retail get excited about having more shares, but they do not factor in the lower share price. It's a wash.
What really matters is how the fund performs; again think percentages.
And the FUNNY thing is one year ago today, vpor traded between 34 CENTS and 45 CENTS.
The good news is that spring just started, since a lot of retail is under the impression that spring is a good season for these untested and young "companies". What's that? Spring wasn't kind to vpor last year when it closed March 21 at .35 and closed at SIX CENTS on June 20 2014???
What a dufus lol. Lets not get paid money and reinvest for more shares at theblower price. Derp.
flashes, have you ever done the math re distributions?
Yes, you’ll reinvest for more shares at the lower price, but your original shares will be valued at this lower price as well.
Let’s say investor X owns 100 shares in a fund that had a closing NAV is $250
100 X $250 = $25,000 value of holding
Post close, the fund paid a $25 capital gain distribution.
Investor X reinvests the distribution.
Cap gain distribution = $2500
Taking into consideration the $25 cap gain distribution, the NAV is $225.
Now investor X has 111.111 shares @ $225 = $25,000
Don’t get excited about capital gain distributions, get excited about the appreciation of your position!
100 shares @ $250 or 111.111 shares @ $225…take your pick!
Remember: there’s no supply v demand with mutual funds because they are open ended.
"and we know you follow Cramer"
Who is "we"?
No, I do not "follow Cramer", but you sure appear to have a hard on for him given how many times YOU mention him or a facsimile of his name.
"nobody cares what you hold " I was simply adding a bit of color; you have mentioned index funds a fair amount and I believe you have mentioned you were long Berkshire.
"dolls"??? What grade are you in? I love it when posters feel the need to manipulate another poster's name and toss in odd comments; shows they are....
I don't need Block, since I'm not trying to get WFM's share price lower. I gave you a suggestion and that's how you respond?
I really don't care whether HAIN's products are healthy. I only care about the perception they are. More people are trying to eat better. That is why WFM AND HAIN have been so successful.
Contestant: "Alex, I'll take redundant posters for $200"
Alex: "He/She has posted many times the same "thought" on the WFM YahooFinance message board"
Sure, there may be a smidgen of a benefit of following the "calculated" NAV during the day if one is planning on buying or selling, but how often does one buy or sell? The other poster is manic posting intraday moves.
Last Jan 20, the NY Post had an article titled "Leading supplier of Kefir exploring possible sale" (Google appropriate words and voila!).
As M & A is heating up in the food sector, perhaps NOW would be a good time for The Family to sell out.
One can hope!!!
"if you understand the tactics of a short seller, you would recognize Ralph's tactics. "
Are you suggesting that someone who wanted one or more biotech stocks to decline, they would post about a biotech fund going down with the hopes of scaring a few fund holders to sell their fund shares? At the end of each trading day, if there were more fund sellers than buyers, the manager would either use some of the fund's cash holdings to settle the fund share sales, or he/she could sell a few shares of ANY NUMBER of holdings and possibly NOT THE TARGET of the short.
Seem like a strange way to attempt to get the share price of one or more biotech stocks to decline, no?
You're giving that poster too much credit. He's just an antsy person.
"Answer me this, are you a basic trader?"
What is a "basic trader"?
I long ago gave up on trading, but I have been an investor in equities for several decades. Heck, I've had a Series 7 for the past thirty years.
I have also owned a few funds for quite some time. While I find it fun to invest in individual equities, over the past 20+ years that I have kept very accurate total return figures for my holdings, I have closely matched VTSAX. As a result VTSAX is by far my largest holding and it is the vehicle where just about all new invested cash is invested. Very tax efficient to boot.
Again, I'm not that concerned about WFM, because I am not a part owner of the company.
Clearly you are ahead of the street; when will the analysts start to shout about the reporting period change?
Who is "Crammer"? I'm pretty sure I already informed you that if you are referring to the guy who lives in the town (technically a city) I grew up in, it's "Cramer". (Carson Block? same town as well!)
"wonder were WFM buys their unhealthy food "
I can tell you that WFM gets a fair amount of their product from HAIN, a company I have been long since 9/3/03 and added a few more shares on 12/21/09.
A position I recently came to own, BRK-B, will be pared in half and ultimately sold.
What's my largest holding? VTSAX (I know you're a fan). No, I'm not new to VTSAX. Long since 8/7/92.
Going full circle, "what has wooglin_kai missed? I'm sure lots of things!
Keep up the good fight!
Have a delightful day!
Of course what the holdings of FBIOX do during the day (up, down) is totally irrelevant, since fund holders can only buy or sell at the day's closing NAV.
Riddle me this: is all of your hair white?
I sure hope you blood pressure is under control; you appear to be a heart attack in the making.