The key is what made AUM increase; appreciation, new money or a combo. A lot of the increase in fund companies' AUM this year were primarily a result of appreciation. That is fine in the short term, but longer term, it is imperative to attract new assets. ETFs and other investment options are negatively impacting the mutual fund industry.
Have you ever asked yourself why AT&T keeps selling them?
How about to free up some cash to spend on their primary business? Similar to when GM sold the GM building in NYC; sold the building and leased space back. Fairly basic stuff for most people to comprehend, no???
"somebody like you who owns nothing"
I wasn't aware you were a clairvoyant!
My post was not meant to offend, and if I did, I apologize. (I thought I had read that you stated you and your family owned a lot of PG and I wrongly assumed you may have inherited some shares besides buying some yourself--nothing wrong with receiving shares from someone. I still own a few shares of MOB, now XOM that were gifted (oh the horror!) to me 7/1/71 (easy date to remember)).
Generally when an investor is not positive (long term prospects) on a position, they sell it. I was wondering why, if you are so down on PG, that you continue to hold it, with the plan to sell if/when shares hit 100.
Perhaps if you sold now and invested in "other stocks", your return going forward will trump PG's slog to 100.
Personally I think it is folly to state the number of shares one owns; what seems like a lot to some may seem like next to nothing to others. IMO, percentages rule! For example, PG represents 1.0% of all my holdings (taxable, Roth, 401K). I only hold PG in my ROTH, and it represents 4.3% of that account. How much I own is not really relevant to the message board community.
You do seem a tad emotional; emotions should not be part of the investing equation (sometimes easier said than done LOL).
Again, since no one is presumably holding a gun to your head forcing you to hold, why, given your opinion of PG, are you still holding?
"When does JNJ usually announce a change in dividend?"
Latter part of April. Last year, JNJ announced an increase in its div on April 25 for the div that was paid 6/11.
I think 3.30/sh is a tad aggressive; that would represent a 25% increase.
I've been reinvesting my divs for some time via my broker.
IF "PG is as bad as JCP no question what a POS this stock is..." why don't you SELL your shares NOW?
Have you considered the opportunity cost of holding your PG?
Kudos to you or whomever bought your PG back in 1972. Obviously over the long haul the position has increased in value a HUGE amount. Lately, however, PG's performance has trailed the market. So again, if you think the company/stock is a "POS", why are you holding? Wouldn't it make sense to sell now and take your HUGE gains?
Remember: there's no room for EMOTION in the investing equation.
Number of shares owned, as far as message boards are concerned, is IRRELEVANT.
Feel free to state the PERCENT WEIGHT of a position; that metric is revealing.
I should have written:
If someone wanted to make an investment in XYZ, say for $5,000, they could buy 50 shares pre split or 100 post split. What's that? Retail investors want to buy round lots of 100 shares so they would have to wait to buy shares until after the split? Well if that's how the retail investor approaches investing, I'd say there's a serious flaw in their methodology! Witness: I have bought as few as 25 shares of a company and many multiples of 25 shares. How do I determine how many shares I wish to buy? It's rather simple; I determinie HOW MUCH I WANT TO INVEST and divide that amount by the company's current share price--I do the same when investing in mutual fundS.
"This statement ignores the benefits of making shares affordable and accessible to retail investors."
XYZ closed at $100/share and has a PE of 20.
The next day, XYZ shares are split 2 : 1, thus it will trade at approx. 50 bucks--THE PE RATIO WILL STILL BE 20!!! If the share price goes up, post split, due to the shares being "cheaper", well then, a split makes the shares MORE EXPENSIVE.
Riddle me this: how does a split make a company's shares "cheaper" based on ANALYTICS??
If someone wanted to make an investment in XYZ, say for $10,000, they could buy 100 shares pre split or 200 post split. What's that? Retail investors want to buy round lots of 100 shares so they would have to wait to buy shares until the split? Well if that's how the retail investor approaches investing, I'd say there's a serious flaw in their methodology! Witness: I have bought as few as 25 shares of a company and many multiples of 25 shares. How do I determine how many shares I wish to buy? It's rather simple; I determinie HOW MUCH I WANT TO INVEST and divide that amount by the company's current share price--I do the same when investing in mutual fundS.
Retail is too hung up on the number of shares they may own, to their detriment. There are many great companies that have "expensive" share prices. By using retails' "logic", they miss many great opportunities simply because they want to own 100 shares and not, say, 25 shares.
Remember: IT'S THE VALUE OF THE INVESTMENT THAT MATTERS, NOT THE NUMBER OF SHARES THAT ARE OWNED.
Neither of the Whole Foods stores I frequent sell Greek Gods yogurt. Maybe there will be space once WF clears its shelves of Chobani (due to GMO feed the cows consume). I've yet to try Greek Gods "Greek" yogurt. I may if I ever see it. BUT....HAIN's Greek Gods "Greek" yogurt is purportedly mis-named. Unlike other Greek yougurts that are strained, Greek Gods uses thickening agents to make the yogurt have a consistency similar to the real deal. Very surprised HAIN bought this company.
Yes, I'm long HAIN.
While not huge, STKL's short interest has increased. Looks like shorts were attracted to STKLs high share price and perhaps they were responsible for part of the significant decline since STKL's 52 week high.
Looks like the shorts got this one right!
As long as they can source the "nuts" LOL.
For the most part, I have cut out chips and now I daily eat a bunch of almonds. I buy in bulk at WFM and fill up an empty Emerald canister for easy access at work!
Some time ago, some longs were salivating over DMND's rather large short interest--it is a fair amount lower, but still high today.
A/O 11/29, DMND's short interest was 6.18 million shares, down from 6.35 million.
But...given the significant decline in trading volume, the days to cover shot up over 25% from 25.68 to 32.71.
Statistics are fun!
A/O 11/29 figures, based on days to cover, SBAC is now the 14th most shorted of the Nasdaq 100.
SBAC now has 7.99 days to cover.
That said, SBAC's number of shares short DECREASED from 12.5 million to just under 10 million; a pretty large decrease, no? Days to cover was 6.82 for the previous reporting period.
The increase in days to cover is related to the decrease in SBAC's volume: 1.84M per day v most recent 1.25M per day.
"PG is still dog of the dow as usual and a tired company with employees that are just as bad..."
"Fired 10,000 GREAT pg employees"
So PG fired all the "GREAT" employees and let the "bad" employees remain employed?
Can you back up your first statement re "PG is still dog of the dow"?
"A quick Google search of "current dogs of the dow" yielded the list of the Dogs of the Dow A/O yesterday's close and PG is NOT on the list! A/O yesterday's close, PG was yielding 2.93%; the tenth highest yielding stock of the Dow is DD @ 3.00%.
It's fun to complain, but not fun to complain with bogus "information".
"The Dogs of the Dow is an investment strategy popularized by Michael B. O'Higgins, in 1991 which proposes that an investor annually select for investment the ten Dow Jones Industrial Average stocks whose dividend is the highest fraction of their price."