What Did You Buy Today?

[Main Street Stock Investor]

Bought AEE, CVX, JNJ (x2), PM, FEZ, MSFT, AAPL today. Adding to positions (~ $20K).

[Roadmap2Retire]

Added to my position in Magna International (MGA) (MG.TO)

[Be Here Now]

WPC, VTR, DVYL, O, PG, PEP, OHI, MCD, LXP, LTC, HTA, HCN, GIS, EPR, DLR, CSG, MO. These are all partial positions in 2 IRAs.

[DividendGarden]

Added to XOM today below $90.

[Kerim]

Bought a few shares of IBM yesterday. Wish I had waited until today!

[Jimbo]

(01-14-2015, 01:04 PM)Kerim Wrote: Bought a few shares of IBM yesterday. Wish I had waited until today!

C'mon now, you cant look at it that way.

If that were the case, I would have bought a lot of apple stock or others back then.

I am keeping a watchful eye on BP,CVX & XOM and waiting to pickup some more (not time the market) but want to be careful at this point.

[hendi_alex]

Bought a few shares of KMF at $29.75 to add to existing position. Discount to NAV is getting stretched at (-14%+). Risk to mid stream MLPs is overblown IMO. Yield is north of 6%.

[DividendGarden]

PSX below $60 today.

[Dividend Watcher]

Bought a small chunk of GE within a few pennies of my target price ($23.57) to average down. I'll settle for that 3.8% yield.

I have a soft spot for GE. Grew up in Schenectady where Edison had a workshop that became the company, where their large & medium steam turbines were built, where Knolls Atomic Labs did a lot of design & testing work for both the nuclear Navy and commercial power plants, and where they perfected a method of making artificial diamonds used in abrasives to hone and finish some specialty work amongst a bunch of other stuff. Their complex was so big, it had it's own small rail system to get some of the workers to their workstations.

   

I worked on their nuclear plants in the Navy and commercially and my uncle lost some fingers year ago in a large steam turbine as they were trying to trial fit some bearing parts. My ex, late father-in-law worked for their silicone plant for 40 years and literally had a steamer trunk full of their stock certificates in his basement -- talk about eccentric . (Or maybe it was the fumes.) Sorta explains the "ex" part .

Sadly, today the place is a shell of its old self with most of the work done overseas now. Gawd, I must be tired reminiscing like that.

[hendi_alex]

Last week I so old enough $24 February puts to double my GE position. The puts went for 73 cents and would present an entry price of about $23.30. If not exercised I'll likely go out another two months and sell another 6 contracts. GE's price is probably going nowhere soon since the shares will take a hit due to GE's large (23% of income) exposure to the oil and gas E&P sector. Part of that issue appears to already be priced in however.

[ChadR]

Bought 23 shares of XOM and 18 shares of CVX this afternoon. Getting more than 3% yield for XOM and 4% yield for CVX were just too good of a deal to pass up.

[hendi_alex]

Nice incremental buy on CVX and XOM! Just keep in mind what your definition of "too good of a deal" is. Last time crude was selling at this level in early 2009 CVX was selling in the $60's and XOM was selling in the $50's and $60's. There could still be a lot of air under the share price of each. Now if those earlier levels are reached again, IMO, that will really be "too good of a deal" to pass up! I'm looking at two good chances for continued strong downdraft. I'm thinking that the best chance of a steep sell off will come in October or September, as low prices really start to show up on quarterly numbers and we reach that typical shoulders season for crude prices.