Talking stocks, trading, and investing in general

Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.

  1. SkinnyGoomba

    SkinnyGoomba Senior member

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    Waiting for Royal Dutch Shell to pull its head out of its ass and start performing again.
     


  2. idfnl

    idfnl Senior member

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    Backstory?
     


  3. SkinnyGoomba

    SkinnyGoomba Senior member

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    profit warning on friday. Xom, cvx, ect are having no problems performing,
     


  4. idfnl

    idfnl Senior member

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    So why are you waiting for a turn around? There are better options out there.
     


  5. SkinnyGoomba

    SkinnyGoomba Senior member

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    I like the dividend and it's priced cheaply. They changed CEOs so they should be moving in the right direction soon enough.
     


  6. GreenFrog

    GreenFrog Senior member

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    Anyone investing in PE firms, specifically KKR or BX?

    I'm going to initiate a position in BAC soon.
     


  7. idfnl

    idfnl Senior member

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    I doubled mine yesterday at 17. Why wait?

    XLNX hit a 52 wk high after earnings. Highest level since the 2000 bubble.

    MA split, and the bump I was expecting happened!

    Lastly, RL is turning into a real dog.
     
    Last edited: Jan 22, 2014


  8. seeldoger47

    seeldoger47 Senior member

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    What is your time frame?
     


  9. GreenFrog

    GreenFrog Senior member

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    1 year, which is probably too short, given that the investments PE firms make are made with a 4-5 year time horizon.
     


  10. idfnl

    idfnl Senior member

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    So then why are you considering it?

    IBM... sack of shit.
     


  11. SkinnyGoomba

    SkinnyGoomba Senior member

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    I feel crazy considering buying more bac at $17, but it's probably a good bet considering they seem to have gotten it together and next up would be a dividend hike. Being literally the only stock I own that does not pay a significant dividend, I'm excited at the prospect of changing that.
     


  12. GreenFrog

    GreenFrog Senior member

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    Because PE firms have made investments years ago that are paying off now, which should be reflected in their earnings.
     


  13. GreenFrog

    GreenFrog Senior member

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    Just bought BAC @ 17.08.
     


  14. stevent

    stevent Senior member

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  15. GreenFrog

    GreenFrog Senior member

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    I've decided against other financials, so no PE firms. I have an ETF for broker dealers and BAC for their retail, M&A, and cap markets exposure.

    I have enough cash for one more sizable position. Then I will hold my positions for one year.

    NFLX.. Wowza
     
    Last edited: Jan 22, 2014


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