"...hope PG gets to 75 by end of year so i can get rid of more, hows (sic) the USPD still loseing (sic) peoples (sic) mail as usual"
Why didn't you sell in the 90s???
What is "USPD"?
Why didn't you at least get a GED? Your "command" of written English is horrible; ESL perhaps?
Those who use the "mine's bigger than yours" card are usually the jealous type. Jealousy...it's so ugly!
For years, I've had the same sentiment re BEN. Not only would I like to see the quarterly payout increased, I'd like it increased to a level similar to other publicly traded asset managers.
BEN is a dividend aristocrat, having increased its dividend 33 consecutive years. That said, even with its lowish share price, its yield is only 1.47%. Of course, BEN has had an affinity to periodically pay a special dividend. I say increase the quarterly payout and forgo the special dividends.
You confused "antibiotics" with "hormones".
Antibiotic use is allowed for chickens, although producers are claiming to reduce the amount used or to end such use.
From the FDA's website:
"No steroid hormones are approved for growth purposes in dairy cattle, veal calves, pigs, or poultry."
The Food and Drug Administration (FDA) is implementing a voluntary plan with industry to phase out the use of certain antibiotics for enhanced food production.
Antibiotics are added to the animal feed or drinking water of cattle, hogs, poultry and other food-producing animals to help them gain weight faster or use less food to gain weight."
"I agree with @ph008, I forgot at what price you bought FBIOX, but I think you'll be fine."
Actually the price one bought at isn't really relevant; the market doesn't care where anyone bought.
The value of all FBIOX longs' position is based on the closing NAV.
When deciding to sell (particularly in a tax deferred AC or tax free AC), the price one paid should not be included in the equation of whether to buy hold or sell.
Over and out; try to enjoy your evening.
Check out Skinny Pop's websites store locator
According to skinnypopdotcom's store locator, they do have product in the WFM near where I work, but not at the WFMs (plural) near where I live.
"It represents a lot more than 5% of my holdings"
And therein lies the problem.
I bet biotech doesn't represent even 5% of the entire market. While there's nothing inherently wrong with being overweighted various sectors, clearly you have bitten off more than you can chew. Some investors can handle greater volatility while others can not.
Again, there is a simple remedy to your malaise:
REBALANCE YOUR HOLDINGS.
"when is this dog for years going to have a bark or a bite?"
Probably when it is least expected!
P.S. Welcome to posting on Yahoo Finance; I see you are new.
I'm with you re Hummers and partially with you re your read of WFM customers and its offerings.
I appreciate that while you haven't drunk the WFM Kool Aid, you acknowledge a potentially rewarding investment. I don't fault WFM for selling what it sells and at what price it sells such items; if there's a market for it, why not take advantage of it? The question, of course, is whether the competition has caught on to the extent to no longer make WFM relevant.
P.S. I shop at WFM, but SELECTIVELY.
I also shop at a couple conventionals.
I have no problem reusing Stop & Shop bags at WFM.
"There is also a WFM-knockoff near me that is very similar to WFM"
Is this "knockoff" an independent or a known business? If the latte, please share its name.
What's your opinion of people who bought Hummers (note the capital "H").
No one knows what the future will bring.
The sector, and FBIOX, has had a remarkable run. Will the run continue unabated?
I've sold some of my biotech position twice simply to lighten up a bit. Made me feel better too LOL. That said, I do not advocate trading; for those who have been on this board for a while, you may recall a few posters' ill fated attempts at timing.
Some day there will be another manager; heck, this fund was created in 1985 and Kaul has been managing it "only" for the past ten years.
Are you suggesting all this time when you have been totally FREAKING out that FBIOX only represents 4.75% of your holdings?
As far as the Fed and presidential elections, the following is from a NYT article dated 9/11/12:
"The Fed has announced policy changes in September or October during 10 of the last 15 presidential election years, dating back to 1952."
You sure have conviction and I hope your speculation works out well for you.
I'm curious what percent weight ppch represents relative to all of your speculations and investments.
"The big question is if this works today as the futures indicate, if China is down 8% again tonight, will tomorrow be just like yesterday?"
Who knows, and to a large extent THAT is the point.
With the market in general possibly being up at the close, and your desire to have sold last Friday, today may be a gift by presenting an opportunity to sell some/all of your position near where you wished you had.
I'm not a betting man, but if I were, I'd say you'll stay the course. Staying the course may be wise for most longs, but CLEARLY your biotech position is too large; it apparently makes you rather uncomfortable. Fortunately there's an EASY remedy to your state of mind:
Sell some shares and you'll feel better.