X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.5 In other words, the correlation coefficient of the other stocks
Interest rate hike already baked in.
Downside risk pretty much eliminated now I would guess, thoughts? Not sure how awesomestoc-ks finds all these incredible trade ideas but im happy.
The target is set and it's not what you may be expecting. Now its two targets for HCP thanks to a neutral performance % (month) of 4.97%. Up or down; it will be interesting for sure. Yo you should really check out awes-omeSTOCKS, they seem on point with their stocks.
Cost basis adjustment. I bought 1000 shares of HCP in May/June 2016, at an average per share cost basis of $32.57. Early this week, I was holding at a $2200 loss. Today, I'm holding at a $3200 gain, because the cost basis was adjusted down $5, to $27.56. This is the result of the QCP spin off. The differential is about equal to the value of the QCP shares, which I sold a few days ago for the short term capital loss writeoff. But imagine how upset I would be if I had sold HCP before the cost basis adjustment, thinking that I was taking a loss. I would now be figuring out how to pay the taxes on the gain, I guess. I'm going to hold HCP, because I think it is a good long term income generator. But I think there are going to be lawyers lining up to solicit shareholder lawsuits. So much confusion over this spin off. GLTA.
Where is the dividend announce? Getting a bit concerned.
Looks like a good time to pickup some.
HCP, returning to buy territory?
HCP and QCP says that the cost basis from the spinoff is $30.85, but Merrill Lynch Cost basis team tells me that the cost basis is only $16.25 and when I have talked to them they still insist $16.25 any ideas out there??
How do we record the HCP spinoff of QCP in Quicken. How do we incorporate the $30.85 cost into the Quicken transaction - Quicken asks for 'Cost per old share post spinoff' and 'Cost per new share'?
Why does Yahoo show the PE so high?
Spinoff of QCP should be positive for HCP in the long run.Good dividend play.
Well, Wheeler (contributor to Motley Fool) posted an overly-optimistic analysis of HCP in that venue a few days ago. I reacted to it with a mathematical analysis of how we were screwed by the spinoff and the 36% dividend reduction. Today QCP did as I predicted: no dividend for fourth quarter, blaming Manor Care. My reaction post magically disappeared from Motley Fool on Monday after appearing there on Saturday. So now we investors not only have to deal with companies cheating us, but the financial press is complicit, participating in their machinations and deleting our protests
I have owned HCP for a couple of years and have not yet seen the QCP shares. Shouldn't they be in my account by now?
HCP's dividend was reduced to $0.37 per quarter, so the $1.48 is the adjusted annual dividend. The expectation is that QCP will pick up the difference in the dividend reduction, although the company has not set a dividend "policy" yet. I'm expecting something in the $0.10 to $0.15 range per qtr for QCP.
you just have to laugh at the games in this stock, will buy again tomorrow and sell in a couple of days
Does none know the dividend situation on HCP since the spin off? Yahoo stats show $1.48 but there show be a divie coming this quarter. Nice reviews coming out post spin off news and if the divie approaches $2 it should be a good buy.
A news report says HCP has announced the cost basis for QCP to be $30.85. My Fidelity account shows it as $14.90. Anybody have any information to share?