What Did You Buy Today?

[Otter]

(04-01-2020, 01:54 PM)divmenow Wrote:

(04-01-2020, 01:37 PM)EricL Wrote:

(04-01-2020, 12:53 PM)fenders53 Wrote:

(04-01-2020, 12:36 PM)ChadR Wrote: Added to IBM and CBRL.

CBRL is a good call IMO.  It's trying to find a bottom.  They will bring a strong dividend back as soon as they can and shares over 50% off are going to look good soon enough.  I sold all of mine just north of $100 and today looks like a good day to start getting back in.  No worse than holding a stock that pays no dividend when the price is right.

And a I hate it when I try to sell a position but double up instead.  Pay attention dummy.  

Florida just issued a 30-day stay-at-home order. Florida had the largest store count for CBRL as of 2015, the latest data I could find.

I think CBRL is a great company, but I have a hard time seeing any positive news coming for it in the next month.

I agree Eric but you know as well as I do, you have to get ahead of the market. Sure it will take time to get back to full capacity in there restaurants. But they will get back to norm in a year or so. It’s at a discount now, and if you believe $100 below it’s high is bargain now, maybe it’s a buy lol. 

Eric what do you think of VFC here? Could be a double bottom soon. I don’t own but I am a big fan of Vans lol

About as solid a company as it gets in the apparel/consumer discretionary space.