LMFAO!!Originally Posted by dread
night guys, tomorrow is another adventure.
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LMFAO!!
night guys, tomorrow is another adventure.
If you do not see a chat room for your favorite stock, then shoot us an emailMan, Tony, that is good news.
I found out today that they are totally cash good even in these bad times. Hope you are having a great evening.
Monday morning, he he, I am going for it.
You are a good man. I am eating dinner now, so will be back in a bit.
I can't find that chat room on there.....any ideas?
at: chat@stockwire.com Try this Bill...
i have a limit order for bac at 5.20 im hoping it will drop down early monday before it starts its climb, if i cant get that buy triggered i may put it into gtxo. specially if its still hovering round 13-14 cents
We will have to see what happens in premarket...BAC closed at $6.24 I bought @ $5.68 and Citi closed at $3.47 I bought @3.15 SO If that the forcast I should sell at opening bell and buy back when it drops for you...
Where are you Bill or anyone else with some thoughts...I was gonna put a sell on Bac @ $6.89 and Citi at @3.74 which the closed Higher then that on thurs... or sit on them if it doesent execute....I in on GTXO already @ .14 and it has a possibility to get back to at least .24 then maybe I dump and buy back later in the day or week and then I like CTGI but I want it back at .14 they also say sscc will file bk with in 2 week I was gonna throw 60 and do a hail mary If it drops first thing....to .04 so as you can see I dont know what the F....I gonna do untill the AM...
Last edited by Sworntwofun; 01-25-2009 at 06:51 PM.
i would keep bac,the dividends are too good @ a 1.28 a share, its nice getting paid to own their stock :O, i just hope it drops to the low 5's so i can add some more, i dont want to buy on the way up. Rarely are you gonna get a stock this cheap with this kind of dividend yield, and it wont last forever as i think bac is going to shoot back up fairly quickly. with a 1000 shares thats 1280 every 3 motns which can be put into play with other stocks or to buy more bac or even paying some bills, if only i had enough to get a 1000 shares.
Last edited by trippingthespeculatingpos; 01-25-2009 at 07:13 PM.
The financial sector has been in the news a lot lately. In a recent video, Dan Fitzpatrick analyzed the chart of Bank of America(BAC Quote - Cramer on BAC - Stock Picks), whose stock price has been affected by how the deal to acquire Merrill Lynch will be funded. (It appears that we, the taxpayers, will end up on the hook, but that's a bit off-topic.)
Can we use moving averages to help us grab a quick profit in BofA? ask Bill!
That sounds like a good goal & game plan with direction... If i catch citi right tomorrow maybe I will follow your lead...
In order to recieve dividends do you have to leave the stock alone during that 1/4 time frame? If you sell and buy back the stock do you have to start counting over in that time peroid?
Last edited by Sworntwofun; 01-25-2009 at 07:34 PM.
well im not looking for a quick profit, im looking to hold long, and get paid for it lol. At this price all it takes is 5 dividend checks to pay back what u bought if u have a 100 shares.
Tripp..What do you think of this idea...If you had a revolving line of credit with BAC @ 2.25% interest only... would you take the $4680 and buy 900 shares @5.20 add to the 100 I bought last week to have a total of 1000 shares... what are the risk of them reducing the dividends... and what other risk do you think may be possible?
i dunno man i dont recomend buying on credit but thats just me, the risks is if the price stays this low they will lower the pay out, if it climbs back up theymight be able to keep it the same, but i would bet it gets lowered here soon unless it makes an amazing come back to like 20 a share.
Last edited by trippingthespeculatingpos; 01-25-2009 at 08:25 PM.
some1 correct me if im wrong but if u buy now you lock in that dividend rate dont you? im not sure about that.
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