Saw your post on FB.
As a contrarian, I figured this was a good day to buy it.
Hey BIT-Thanks for Newell-maybe
- BackInTex
- Posts: 12807
- Joined: Mon Oct 08, 2007 12:43 pm
- Location: In Texas of course!
Re: Hey BIT-Thanks for Newell-maybe
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.
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.
..what country can preserve it’s liberties if their rulers are not warned from time to time that their people preserve the spirit of resistance? let them take arms.
~~ Thomas Jefferson
War is where the government tells you who the bad guy is.
Revolution is when you decide that for yourself.
-- Benjamin Franklin (maybe)
~~ Thomas Jefferson
War is where the government tells you who the bad guy is.
Revolution is when you decide that for yourself.
-- Benjamin Franklin (maybe)
-
- Posts: 4307
- Joined: Wed Oct 24, 2007 8:01 pm
Re: Hey BIT-Thanks for Newell-maybe
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).
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).
- BackInTex
- Posts: 12807
- Joined: Mon Oct 08, 2007 12:43 pm
- Location: In Texas of course!
Re: Hey BIT-Thanks for Newell-maybe
My commission is 2% of the gain. You can pay me in cheeseburgers should we ever get a chance to meet.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).
..what country can preserve it’s liberties if their rulers are not warned from time to time that their people preserve the spirit of resistance? let them take arms.
~~ Thomas Jefferson
War is where the government tells you who the bad guy is.
Revolution is when you decide that for yourself.
-- Benjamin Franklin (maybe)
~~ Thomas Jefferson
War is where the government tells you who the bad guy is.
Revolution is when you decide that for yourself.
-- Benjamin Franklin (maybe)
-
- Posts: 4307
- Joined: Wed Oct 24, 2007 8:01 pm
Re: Hey BIT-Thanks for Newell-maybe
Gladly. Just a fun update on why I like companies like Newell.BackInTex wrote:My commission is 2% of the gain. You can pay me in cheeseburgers should we ever get a chance to meet.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).
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).