Sold my 15 shares at a loss of about $350, my only loss for this year. It is totally stuck in a range and I bought 5 of those shares right at the top of that range after announcement of the China Mobile deal. It then immediately went down to 520-530 and is just stuck there and I’m guessing will stay there until Jobs is resurrected or Cookie replaced. Apple shareholders are DYING for SOMETHING, ANYTHING!!!!!!!!! I was thinking about it and Jobs only died like 2.5 years ago. Doesn’t it feel like 10 years? Yes because Apple had come up with NOTHING in 2.5 years of waiting. I love and use APPLE products (but not iphone) but this company’s growth is stagnant.
It should be the best and most innovative company on earth and under Jobs it may have been. And I don’t really enjoy the Cookie statement regarding how anyone who doesn’t believe in global warming should sell their shares (or something to that effect, but that is how people understood it). I don’t believe in it (climate change is as natural as the sun rising and setting – ever heard of the Ice Age?) but that is not why I sold it. But I don’t like it when these super politically correct CEO’s who really are often just the PR face of the company say oh yeah well if you don’t like our policy about this-or-that politically-charged issue just sell your shares (like a big baby). Yeah that would be just peachy if every APPL shareholder who doesn’t believe in global warming did that – you’d have the worst plummet for a large cap stock in the history of the market. Even if just 25% or 35% or 45% of the shareholders don’t believe in it. Of course they won’t sell so it is all rhetorical but that is why these CEO’s make these empty threats. It makes the media like them for being politically correct. A smart CEO knows how to articulate his words and say here is why this policy is beneficial to our company and shareholders (owners).
This morning my 500 GE shares were up over $100 and finally back in the green. 10 mins later it lost all of that and was suddenly down .80% and down over $100. I haven’t checked into why this might be. Will be holding GE until I see a nice 3-4% profit and then will sell, depending where the SP is. It was my only stock radically down 7-8% the last few months and so I am very glad to see it at par now. Good to hold anyway at 3.5% yield.
I have watched a lot of clips on YT of WOWS.I am still not impressed at all. I am so sorry to see Scorsese debase himself like this. DiCaprio too. The acting is over the top. Scorsese should make a serious Wall Street movie, instead he went with a boring boiler room scheme scenario with toilet humor and masturbation jokes. Aside from a couple little funnies from McMacahannay (sp) there was nothing funny at all in this movie. The genius of Good Fellas to this. All people are going to see it for is the spectacle of making and wasting money which the drug fiend and criminal protagonist narrated in the book. Imagine if Scorsese made a serious Good Fellas movie about the cultural world of real Wall Street insiders, like finance bankers or even a hedge fund. That would be interesting, although with the drivel Scorsese is making now I wonder if he can.
Woke up and noticed VALE was at 13.30 which is a good .20 cents below where I was planning to start a position. So picked up 500 shares. Went for a run and when I come back it is just bouncing a few pennies off 13.00. But all is OK. Actually earlier this week I had a buy order in at 13.75 so I still got it at a discount. I will have a running buy order set at 12.65 for another 5000 shares. If it makes it down there that is ok. If it doesn’t I will ride the 500 shares back up to 15 or 16.
Edit: Actually bought 500 at 13.23 which isn’t too bad at all.
I agree with the older actress who said Shame on Scorsese who directed some of my all-time favorites like Goodfellas and Casino. I have read several reviews by Travers and Roeper and watched all the trailers. Yes I have not seen the movie. I will watch it on DVD. It just sounds like a gratuitous mess of the highest order. Roeper said he was overwhemled at about 2/3rds of the way into it and only gave it a B+. A 100 million dollar Scorsese “epic” getting a B means it’s not that good. Some say they liked McCoughney’s portrayal of a broker but the clips I saw on several trailers looked dumb and just him making weird sounds. The jokes like “sides cure cancer” are not funny. I just think this is horrible because it looks like Scorsese has lost all subtlety. If he made a somber Wall Street movie it would be great. I don’t like his DiCaprio stuff. I despised Departed. I did like Kings of New York, but still it could have been toned down. This week I plan on seeing All is Lost with Redford.
ON CNBC they gave a great stat. Only 14 years in the market’s history has the market been up over 25% for the year, as 2013 was. In 80% of the years following those 14 years, the market was also up & not down.
Our 400 shares of MAS have now gone up 6%. We don’t plan on doing any selling before the end of the new year.
Always like buying GE. It just feels like a solid stock that contains so much value that it is a pleasure to play. We have 225 shares at a 26.77 average which is up about .70%.
Currently we have 300 shares of MASCO – MAS purchased at an average of 21.33. The rationale behind using Masco for the housing recovery in the US is because Masco specializes in home furnishing, cabinets, etc. and will work well whether the recovery is heavy in either new home sales or pre-owned home sales. Currently up 1.25% for us.
Bought AAPL today mainly because I see very little downside at this price and perhaps the holiday season will give sales a boost.