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11-13-2017, 09:42 PM | #1396 | ||
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Quote:
Quote:
Jim Cramer said it best, they ran the place like a country club for the last 10 years. I would have bought X when Hog Farmer did at $20 but I had no free cash at the time. I knew that was a good buy. |
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Posts: 52,471
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11-14-2017, 10:06 AM | #1397 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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New investment book: "How to Quickly Lose $2,000 in 24 hours in GE Stock" by scho63
Lucky I bought some puts as a hedge so I'm only down about $800 |
Posts: 52,471
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11-14-2017, 10:22 AM | #1398 |
Banned
Join Date: Jan 2013
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Posts: 53,803
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11-14-2017, 11:05 AM | #1399 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
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Posts: 143,055
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11-14-2017, 12:53 PM | #1400 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Posts: 57,873
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11-14-2017, 12:54 PM | #1401 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Posts: 57,873
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11-14-2017, 12:55 PM | #1402 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
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Posts: 143,055
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11-14-2017, 01:00 PM | #1403 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Posts: 57,873
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11-14-2017, 01:36 PM | #1404 |
In BB I trust
Join Date: May 2003
Location: Boston, Mass.
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Anyone have any specific thoughts on CIM? I'm thinking about picking up some more of it. I've had it since 2015, and really enjoy the dividends. Stock price has dipped a bit, but I don't see anything bad about its fundamentals.
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Posts: 43,125
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11-14-2017, 02:12 PM | #1405 | |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
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Quote:
In this environment I grimace a little because a 7 percent return trails the major stock indexes, but I still like them from a diversification standpoint, and I'm still winning against inflation. |
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Posts: 143,055
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11-14-2017, 04:54 PM | #1406 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Posts: 46,123
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11-14-2017, 11:33 PM | #1407 | |
Veteran
Join Date: Oct 2008
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Quote:
You can watch the trajectory and cancel it if it looks like it will drop hard past that, and if it doesn't, you're not out anything |
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Posts: 1,606
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11-15-2017, 09:25 AM | #1408 |
TACO SALAD
Join Date: Apr 2008
Location: yes
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ugh, it's been brutal the last couple of days.
I'm in the red today even with this being 7% of my portfolio |
Posts: 6,387
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11-15-2017, 07:36 PM | #1409 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Posts: 52,471
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11-15-2017, 07:38 PM | #1410 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Quote:
I think the 4-5x's volume the last few days was all the funds getting out that held it for the dividend and others thinking it's dead money and not value. I will be OK down to $16.80 with my puts until next year. |
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Posts: 52,471
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