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Hey BIT-Thanks for Newell-maybe
Posted: Thu Jan 25, 2018 11:44 am
by Spock
Saw your post on FB.
As a contrarian, I figured this was a good day to buy it.
Re: Hey BIT-Thanks for Newell-maybe
Posted: Thu Jan 25, 2018 1:44 pm
by BackInTex
LOL. Let me know how you do.
Disclaimer: The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Re: Hey BIT-Thanks for Newell-maybe
Posted: Fri Jan 26, 2018 10:01 am
by Spock
I had been looking for something like this. I like stocks that pay a dividend and are way below their 52-week high, as Newell was even before yesterday. I am glad I didn't see it a week ago, or I may have bought it before yesterday's drop.
One way that I look at it, from this point, which stock has a better chance to double-Newell or the Amazons, Facebooks (etc)?
I am not a day trader and I plan to keep it, but it would be fun to sell it today-up 8% since I bought it yesterday. 8% would be the equivalent of, what, 47 lifetimes of bank interest (LOL).
Re: Hey BIT-Thanks for Newell-maybe
Posted: Fri Jan 26, 2018 1:51 pm
by BackInTex
Spock wrote:I had been looking for something like this. I like stocks that pay a dividend and are way below their 52-week high, as Newell was even before yesterday. I am glad I didn't see it a week ago, or I may have bought it before yesterday's drop.
One way that I look at it, from this point, which stock has a better chance to double-Newell or the Amazons, Facebooks (etc)?
I am not a day trader and I plan to keep it, but it would be fun to sell it today-up 8% since I bought it yesterday. 8% would be the equivalent of, what, 47 lifetimes of bank interest (LOL).
My commission is 2% of the gain. You can pay me in cheeseburgers should we ever get a chance to meet.
Re: Hey BIT-Thanks for Newell-maybe
Posted: Wed Feb 07, 2018 9:12 am
by Spock
BackInTex wrote:Spock wrote:I had been looking for something like this. I like stocks that pay a dividend and are way below their 52-week high, as Newell was even before yesterday. I am glad I didn't see it a week ago, or I may have bought it before yesterday's drop.
One way that I look at it, from this point, which stock has a better chance to double-Newell or the Amazons, Facebooks (etc)?
I am not a day trader and I plan to keep it, but it would be fun to sell it today-up 8% since I bought it yesterday. 8% would be the equivalent of, what, 47 lifetimes of bank interest (LOL).
My commission is 2% of the gain. You can pay me in cheeseburgers should we ever get a chance to meet.
Gladly. Just a fun update on why I like companies like Newell.
It had earlier dropped from 52-week highs in the mid 50's to the low 30's. From that point, it had that nasty one-day 25% drop to $24 or so(when I bought it).
Yes, it can drop farther, but it is harder for it to-everthing bad is priced in. Even with the recent volatility, it did not drop much (if any) on those bad days.
As of right now, I have a gain of 19.34% in ten days (or however long it is).