Posts: 460
Threads: 2
Joined: Sep 2019
Reputation:
4
Added ABT, LMT and BTI
ABT was a great company before covid; they profited greatly from covid and we are now back to their basic model which has delivered great returns. Love getting great companies on sale. You guys can chase the tech names that are grossly over valued and I will swoop up ABT on sale today
Posts: 6,404
Threads: 47
Joined: Aug 2018
Reputation:
64
[quote pid='26509' dateline='1622561987']
[quote pid='26508' dateline='1622561134']
Serious downgrade in sales projections. I am getting some FOMO with my extra cash but this is why I am avoiding chasing stocks that have run to perfection levels. We've never come out of a situation like this before and there will be some stumbles from blue chips here and there. Easy to get hurt on a lessor company than ABT.
[/quote]
Not chasing a stock that is already down $20 from the highs
And I will add ABT all day at these levels.
Quality company
[/quote]
I wasn't referring to any particular stock. I don't even know what TMO even is. I am buying some too but when I can buy after some short-term bad news there seems to be a little less downside risk. Sounds like you are doing that as well. How much ABT did you buy today?
Posts: 6,404
Threads: 47
Joined: Aug 2018
Reputation:
64
06-01-2021, 10:47 AM
(This post was last modified: 06-01-2021, 11:40 AM by fenders53.)
Posts: 1,682
Threads: 55
Joined: Oct 2020
Reputation:
5
(02-25-2021, 10:25 AM)fenders53 Wrote: (02-25-2021, 10:00 AM)divmenow Wrote: Bought some LDOS. Between the earnings miss and short report I haven’t seen it this low in a while. So I said why not lol. You in on this one too Fenders ?
I haven't researched it. Hadn't heard of it until you and Otter were discussing it last week. I am trying to not add too many more new names. We'll see how long that lasts.
What I need is for tech to get hammered for real again, but this market is resilient.
Very small trades this morning. Added a few shares to DG-ARKF Sold a few SLV puts.
(06-01-2021, 10:00 AM)divmenow Wrote: (06-01-2021, 09:48 AM)ken-do-nim Wrote: No I don't; TMO has been flat since October and with a low yield it didn't seem like it needed to be in my first round of buys.
That’s when you buy it . The stock is now at Oct levels. I just added some myself. You don’t buy it for the dividend. Buy it for the growth and future. It’s one of the best in the space. I love how people buy BA and it doesn’t even pay a dividend or is earning any money lol. But TMO made over $19 in earnings and BA a minus $20 ??
So maybe you should take a look at TMO … JS
Fair enough I'll take the criticism on BA but hey, already up 2.5% since Friday's purchase
But most of my purchases were made mid-March; and then I culled down the list through mid-April to a manageable number. I found it's actually not easy managing so many stocks at once. So yes, TMO is worthy of my attention now, but I have to wait for funds to become available again; my monthly budget is very tight. When the child support ends I'll be right with the rest of you announcing my daily buys but that's years away.
Posts: 6,404
Threads: 47
Joined: Aug 2018
Reputation:
64
BA is going to be OK in the end. You are just late for a big score. About anything we are buying now is late compared to last spring's prices. That's a pretty tough standard and hindsight vision is 20/20.
New position in SPTN today.
Posts: 6,404
Threads: 47
Joined: Aug 2018
Reputation:
64
Posts: 1,682
Threads: 55
Joined: Oct 2020
Reputation:
5
06-01-2021, 01:50 PM
(This post was last modified: 06-01-2021, 01:51 PM by ken-do-nim.)
I shaved off some ORC to buy more HD, LOW, ABBV, and ARCC. Estimated income down to $4200.
Posts: 460
Threads: 2
Joined: Sep 2019
Reputation:
4
About time the restaurants get hit today like DRI, EAT ect
If the puts weren't so expensive I would buy them lol
Added some CARR - I'm almost at a full position now
Posts: 6,404
Threads: 47
Joined: Aug 2018
Reputation:
64
[quote pid='26520' dateline='1622575866']
About time the restaurants get hit today like DRI, EAT ect
If the puts weren't so expensive I would buy them lol
Added some CARR - I'm almost at a full position now
[/quote]
I can't think of a restaurant that isn't at least 10% overvalued and it happened months ago. I hold a short put in TXRW, only because I think that one might not dip too bad soon. Cruise lines will get a beating too but I gave up guessing what month. Maybe when they start selling shares the first time demand goes back to normal? A couple good quarters doesn't fix a broken balance sheet and they haven't even seen a good quarter yet.
Posts: 1,173
Threads: 2
Joined: Jul 2018
Reputation:
1
Just sold a bunch of names to raise cash
|