10-10-2014, 05:51 PM
We have about 4% in cash right now. Not averse to putting it to work but I'm such a cheapskate I just want a bargain now.
Nothing purchased this week. Had some lowball limit orders in for HP, ESV & GE but none triggered. Bring back the flash crash. Also looking to add to OHI, O, WPC or open a position in SO but none of them would cooperate. I don't think BBL has found a psychological bottom yet but thinking of adding here too.
One homework assignment this weekend is to do a GE/EMR comparison. EMR dropped just enough to pique my interest. Lost it to a covered call several years ago and it took off from there.
Nothing purchased this week. Had some lowball limit orders in for HP, ESV & GE but none triggered. Bring back the flash crash. Also looking to add to OHI, O, WPC or open a position in SO but none of them would cooperate. I don't think BBL has found a psychological bottom yet but thinking of adding here too.
One homework assignment this weekend is to do a GE/EMR comparison. EMR dropped just enough to pique my interest. Lost it to a covered call several years ago and it took off from there.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan