04-29-2021, 06:39 PM
(04-29-2021, 05:25 PM)vbin Wrote: Chuck Carnival has recommended BMY a few times recently as well Things are different after CLGN merger, we can't compare to 5 years ago. Need to relook at the company.Chuck has done a very thorough analysis of BMY. I have a total 40-50 positions. There are always a few underperforming. If I swap them out every time one underperforms for a few months or even years I won't be better off if my DD was solid in the first place. But mostly BMY doesn't annoy me because it's easy to make 15%/yr messing with covered calls and puts with part of my position. If there is a highlight to my strategy this is it. I can make respectable monthly income on sleepy dogs like BMY and T stuck in a trading range.
I have less than medium position, I thought about adding more today but may be I will wait for next couple days to see if it falls further.
Noticed RH recently, OMG, it's at $700+ that a 10 bagger in less than 2 years. When buffet bought I looked at it and dint buy becouse it had ran up few bucks. Now it's too expensive to touch.
I haven't even looked at the market since the open. Probably have some troubled puts to roll tomorrow. it had to happen eventually.