Replies to post #93348 on Savvy Trades and Investments

[hweb2]

Doing better than me on BGFV. As I'm quickly down. Added a few more in the $19's but who knows where the bottom will be in this red market.

Obviously BGFV earnings will be down next year. But they still should post big profits, they pay an attractive dividend yield, and they've got a large & growing cash position. Hopefully the company is buying back shares down here. BGFV should get a nice bounce at some point...but maybe not til January.

[bbotcs]

RNsidersbuying: BGFV

I think as long as they can cover the dividend, our positions will be in good shape. I sold some $19 puts that expire this Friday.