When FB was IPOing, I thought I'd have a little fun and sell my terribly-performing Sprint stock back in may. Sold S@$2.35 and bought FB@$38. Now S@$4.27 and FB@$23.47 ....HAHA the legend of the little man on wall st is true!
Don't worry Greg, we're only talking ~$500 in money I have allocated to play... but I sure learned a good lesson a lot more cheaply than a lot of people on Wall St!
You know the old saying about "never gamble with money you can't afford to lose!"....
At this point you might be better off just holding and seeing if they can get their chit together in a couple quarters. I remember back in the day when I had options on a bunch of Microsoft (MSFT) and for a year or longer it was underwater.... but then -- it was off to the races.... So ya never know!
Hey Sieg! How's that Coke (KO) working for ya now??
EEEEEEEEEEHHHHHHHHHHHHHHAAAAAAAAAAAA
Here's what I love about these little blue haired old ladies...... KO is UP 16% since the first of the year.... AND it pays a dividend..... AND it's splitting 2 for 1
I don't know about you guys -- but that's how you make money honey!
Hey Sieg! How's that Coke (KO) working for ya now??
EEEEEEEEEEHHHHHHHHHHHHHHAAAAAAAAAAAA
Here's what I love about these little blue haired old ladies...... KO is UP 16% since the first of the year.... AND it pays a dividend..... AND it's splitting 2 for 1
I don't know about you guys -- but that's how you make money honey!
The last few days with KO and S ain't been to bad.
This market is whacked..... I like it... but it's whacked.
Normally -- I'd EXPECT to be down in the summer.... the market is normally slow and drips down... the old "sell in May and go away" is usually spot on. But not this year.
I'm off to run the Mustang at Sonoma Raceway.... The Shelby Mini Nats! Should be good this year since it's the 50th anniversary. I've vowed to not get a black flag for the entire weekend...
Well -- Left Seattle at 10 AM and rolled into my home away from home at Willows at 11:45 PM.... Big fire on Mt Shasta and they had I-5 shut down.... You wouldn't believe the double parked line of trucks headed Northbound! OMG... stretched for miles!
So my Better lucky than smart saying still holds true! Pulled off at Weed to fill up -- and maybe grab a hotel since the detour was adding at least 3 to 4 hours to the trip... by the time I fueled and checked one hotel (no vacancy) I flipped on the Caltrans radio station and they JUST opened it back up! Jumped back on and it was like me and two other trucks the whole way! 5 minutes earlier I'd have detoured on Hiway 89 --- and would have been committed then! Wow! So darn lucky!
The smoke was choking thick and you could actually see big azz flames right on the road... so little wonder it was closed!
Well -- due to not getting to the hotel until midnight - I just now am checking my stocks and see it's not a happy morning in the market.... BUT... I go to "HISTORY" to see any transactions in the account (mostly because I made a deposit) and bingo! AT&T (T) has paid a dividend and so has my Blackrock Duration (BLW).... so while the face value of my holdings are having a bit of a red face day... there is CASH FLOW in a very positive way which will put race gas in the track car!
It's days like today -- that I really LOVE dividend payers...
Brian Hobaugh SCCA National Tour June 2014
First Hemi 'Cuda Convertible Ever Built
Short clips: Goodguys Pleasanton autocross and pit videos
Linear Mode
