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makemoney18, I hope I'm wrong, but I believe that Google Inc. (GOOG)'s earnings will disappoint.
I hope I'm wrong, but I believe that Google Inc. (GOOG)'s earnings will disappoint.
Obama offers new 'MyRA' retirement accounts
Link: http://money.cnn.com/2014/01/28/retirement/savings-retirement-myra/
The Key To Bank Of America Stock Doubling
Link: http://seekingalpha.com/article/1954221-the-key-to-bank-of-america-stock-doubling
Facebook lower ahead of earnings; commentary, industry data positive going in
Link: http://seekingalpha.com/news/1534111-facebook-lower-ahead-of-earnings-commentary-industry-data-positive-going-in
Bank Of America: Billions In Additional Profits Coming, Here's How
Link: http://seekingalpha.com/article/1975551-bank-of-america-billions-in-additional-profits-coming-heres-how
Fed cuts stimulus as expected; Bernanke prepares to depart
Link: http://finance.yahoo.com/news/fed-poised-10-billion-taper-060209889.html?l=1
Fed cuts stimulus as expected; Bernanke prepares to depart
Link: http://finance.yahoo.com/news/fed-poised-10-billion-taper-060209889.html?l=1
UPDATE 1-Judge in $8.5 bln BofA case is promoted, likely to rule soon
I saw this when it was released via phone and meant to post it via computer, but forgot. Very good news! It seems that we should have a ruling sometime soon!
Link: http://www.reuters.com/article/2014/01/17/bankofamerica-settlement-idUSL2N0KR1YX20140117
Bank Of America: The Path To $2 Of EPS (And A $20+ Share Price)
Link: http://seekingalpha.com/article/1971961-bank-of-america-the-path-to-2-of-eps-and-a-20-plus-share-price
Apple's iPhone sales, revenue forecast fall short; shares slide
Link: http://finance.yahoo.com/news/apples-iphone-sales-china-targets-011822577.html?l=1
6 Reasons To Buy Into Bank Of America
Link: http://seekingalpha.com/article/1958401-6-reasons-to-buy-into-bank-of-america
How to read a 10-K like Warren Buffett
Link: http://www.cnbc.com/id/101360337
makemoney18, thank you very much for the information you provided!
Bank Of America: Growth Will Continue
Link: http://seekingalpha.com/article/1959141-bank-of-america-growth-will-continue
An Unfortunate Realist's Look At Bank Of America's Trading Probe
Link: http://seekingalpha.com/article/1968481-an-unfortunate-realists-look-at-bank-of-americas-trading-probe
Tinkerer, thank you for the research you provided. I apologize for the late response, as I have been busy with college semester beginning. I decided I will wait to invest in REITs at this moment.
lakeview9, I know nothing about this. Please explain or provide a source.
Ray1957, thank you for bringing this to my attention as I knew nothing about this.
Fa$tlane, I didn't fully understand growth investing when I posted back in November. I'm more of a value investor, though when using what I know now, I would find better growth elsewhere. Looking at the Food - Major Diversified industry where Annie's, Inc. (BNNY) is listed, I would rather hold Sanderson Farms, Inc. (SAFM).
KING_TRADER$, thank you and the same for you as well. I executed a new long position here at Bank of America (BAC).
Date: 1/27/2014 9:40:37 AM ET Symbol: BAC Subject: Bought BAC @ $16.5 Action: Executed
I'm going to step down from Moderator. If I chose to reinvest I will step back up, but for now I would prefer not holding this responsibility.
Thank you all, Gulley
makemoney18, I hope you are doing well. I have been very busy with college semester beginning. Earlier today I sold Bank of America (BAC) which had met my price target which I posted today on this board. I have already begun executing due diligence for another long term position. I am a value investor and have been looking at Fannie Mae (FNMA) and Freddie Mac (FMCC). These companies are extremely undervalued 233% and 1,655% respectively.
It's very important for me to understand an investment before making the investment. Do you have any links that would be able to get me up to speed on these companies current conditions? I understand there are a lot of factors that are holding these companies PPS down. Or would you be willing to get me up to speed yourself?
Thank you, Gulley
moneymakrer$, thank you. I hope to reach a decision before the opening bell on Monday. I will be sure to keep others on this board informed. If I do reinvest in Bank of America (BAC), I would like to write a detailed post if I have the time. The post will possibly conclude reasons, outlooks and etc. of why I made the investment decision. However, there are currently other investments I am looking at. If a decision is reached for any investment, I will cautiously find an entry point which could be on Monday or days or weeks later. It's important to tread lightly with current market sentiment. I am in no rush to find an investment or entry point, though I do want to be sure I can take advantage of this current market pullback. I'm very grateful that I have this opportunity with BAC meeting my target price and a market dip for entry.
Date: 1/24/2014 10:54:06 AM ET
Symbol: BAC
Subject: Sold BAC @ $16.57
Action: Executed
I have sold 100% of my position in Bank of America (BAC). I wanted to sell in the $16.70 range, but I was up late studying for college last night and forgot to set the alarm to wake me up before the opening bell. I made 27% in this position, 28% including dividends. I bought into the position on July 1, 2013 for $13.01. I had two dividends for $0.01.
Date: 1/24/2014 10:54:06 AM ET
Symbol: BAC
Subject: Sold BAC @ $16.57
Action: Executed
I have sold 100% of my position in Bank of America (BAC). I wanted to sell in the $16.70 range, but I was up late studying for college last night and forgot to set the alarm to wake me up before the opening bell. I made 27% in this position, 28% including dividends. I bought into the position on July 1, 2013 for $13.01. I had two dividends for $0.01.
I believe it's important to note that I did not sell because of the global events that are currently effecting the market itself. I had a plan to sell before these events arose, so this decision certainly was not emotional. I made these plans before buying the position and followed it to the best of my ability.
I will begin looking for a new long-term position. I should point out, from what I see at a quick glance, BAC still meets some of the strict criteria that I have set. Though I will need to look deeper and execute due diligence to be sure of that. It was great communicating with other investors and traders here, sharing knowledge, ideas and opinions which I truly value here on Investors Hub.
Good luck to all, Gulley
Whew, that dip came very close to a trailing stop on quote. Honestly, I was kind of rooting it on. I want to get out of this position. Fortunately, I use this order to keep emotion out of the equation. It's still early in the day, but I believe the market has ate all of the news today. Who knows, it's a emotional day today world economics. Could go up from here or down, we shall see.
cdaniel394, my pleasure. Is there any stocks you are looking for in a particular sector or industry? How are you looking to diversify?
cdaniel394, I actually do not hold a position in Orchid Island Capital, Inc. (ORC). I also haven't executed any due diligence on MiC Telematics Ltd. (MIXT). First, I am a value investor/trader. So (MIXT) does not look appealing from a value investor's perspective. Though if I was a growth investor, (MIXT) could look appealing. I probably do know enough about growth investing to pick a winning stock, but that's no guarantee.
Before I get into the fundamentals, I would like to share a personal rule of mine. (MIXT) is still in its lockup period. Lock up period is when insiders like employees, etc. and those who hold majority stake are unable to sell their shares. Usually when the lockup period expires the stock will see a dip, but not always. This could be a good entry point, though there is another reason why I like to wait until the lockup period expires. In my opinion, I feel that the lockup period gives the market enough time to set the market value of a stock. We all know how violate a stock can be after it's IPO. I prefer to stay out of this situation, personally. Another reason for this is that it gives me a quarterly earnings report during this period, which I also personally prefer. (MIXT)'s lockup period expires on Sunday, Feb. 2, 2014 which is 180 day period since IPO.
Looking for growth in (MIXT) with my fair knowledge of growth investing, I first look at the fundamentals to dissect the stock if you will. I like to get a snapshot if you will, of where a stock is in relation to it's peers. The technology sector has an average P/E ratio of 19.83. (MIXT) has a P/E ratio of 24.09 which tells us that it's a little expensive compared to it's peers in that sector. Though if we take a deeper look into the industry that it's in, we can see that it's rather cheap compared to industry peers. Technology and system software industry has an average P/E ratio of 34.45.
(MIXT)'s forward P/E ratio is much higher then its sector and industry peers with a ratio of 27.17. Typically I prefer to see a forward P/E ratio lower than it's P/E ratio, which points to future growth. Though the price you pay for growth is rather cheap compared to its sector and industry peers with a PEG ratio of 1.07. Sector PEG ratio is 1.65 and industry is 2.21 respectively. I typically like to see a stock with a PEG ratio under 1. We could get deeper into valuations if you choose, though these are the things I typically first look at. I know there is much more that we could break down in this area.
I also like to look at the financials. There are two ratios I like to look at that give me a snapshot of their balance sheet. For this, we look at the current ratio and debt/equity ratio. The current ratio tells us about their long term financial outlook. (MIXT) has a current ratio of which is 3.51, which is very good. I typically prefer a current ratio above 1, so I believe we could rest assured that they have the ability to pay off any long-term obligations. I also like to look at debt/equity ratio which is at 4.18. I prefer to see a debt/equity ratio under 1, so they could have trouble meeting any short-term financial obligations.
Other items we should look at such as the CEO, revenue, cost of goods sold (COSG), and etc. I can't seem to find the percentage of institutional investor holding, which is something else I like to see before investing. One item that sticks out with (MIXT) that worries me is the low volume. High volume means a big audience if you will, which I favor. I also notice that (MIXT) is a foreign stock from Africa. I believe the US is the best economy to invest in currently, in my opinion. Being that this is a foreign stock, could be why the volume is low. There is plenty of due diligence we can do here when looking at (MIXT). We can look further into fundamentals, financials, or even technical items when looking at the graph.
Above, when I mentioned what I look typically prefer should not be a decision breaker when deciding to invest. A stock cannot meet all of the criteria that we prefer in a growth stock or any stock for that matter. In other words, there is no perfect stock. What I look for in a growth or value stock, might be different for another investor. In conclusion on my opinion on (MIXT), I believe we could find a better stock out there.
I prefer a different strategy for finding growth, though I must warn that I have only tested it a couple of times. One with Cell Therapeutics, Inc. (CTIC) on Tuesday, Dec. 10, 2013 that I recommended to another member. You can find a link to that post at the bottom of this post. That day the stock was trading at $1.80 which is up 70% since. If you look in my past posts, you can see with proof that I did make that call. Another was Dollar General Corp. (DG) that I did not recommend that I saw at $59.07 on Thursday, Nov. 14, 2013 which is up 4% since. I don't know how emotion has played on these two stocks. Did (CTIC) have a good quarter, why is (DG) only up 4%? I believe this to be a long-term strategy, which I call best of breed. As I said before, I have not tested this strategy, I only used it in a couple of instances. I have been meaning to, but have been busy with college and working to pay for college. It is extremely important to disclose that past performance is not indicative to future results. I personally would not feel comfortable explaining this strategy. I would feel better if I had results of testing, but I do not.
I have seen many different strategies for finding the best of breed. Based on my criteria, if you wanted to invest in the technology and system software industry based on this strategy. VMware, Inc. (VMW) fits the bill. For the technology sector, IAC/InteractiveCorp. (IACI) also fits the bill, which I also saw on Thursday, Nov. 14, 2013. Then the PPS was at $58.24, today its at $72.02 almost 24%. I know this strategy goes against what I said above, but like I said before, no stock is perfect. We can't nitpick on certain things.
Link: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94836545
Thank you for reading, Gulley
Customers paying the price after Target breach
Link: http://www.cnbc.com/id/101308629
I Swear It's Not Too Late To Find Gains In Bank Of America
Link: http://seekingalpha.com/article/1925531-i-swear-its-not-too-late-to-find-gains-in-bank-of-america
New board.
New board.
New board.
New board.
New board.
New board.
New board.