Thanksgiving Day Top 5

[mrmarket]

I will buy one of these tomorrow:

CTX FPIC HOV WHC WSBK


Which one do you like??

[The Kid]

I love FPIC, but am a little weary of its recent run-up from $16 in first week of November.

I also like WHC a lot and am more familiar with that company. (I've often made jokes about their yellow-jacketed employees running in a stadium when a fight breaks out among fans in the stands. )

I would definitely buy either of those, on your recommendation of course.

The Kid

[mrmarket]

I love FPIC, but am a little weary of its recent run-up from $16 in first week of November.

I also like WHC a lot and am more familiar with that company. (I've often made jokes about their yellow-jacketed employees running in a stadium when a fight breaks out among fans in the stands. )

I would definitely buy either of those, on your recommendation of course.

The Kid

In all of the years I have been posting on the internet, I've never made a recommendation and I never will.

[The Kid]

Ahhhh, a semantics man. I like that. I stand corrected.

I would have said I would mimic your buy of either FPIC or WHC, but I feared being called a parasite.

[talkingrobe]

CTX and HOV would be too much for my blood.
FPIC and WHC look okay.
WSBK then again I do favor the bank a little more.
What the heck...maybe I'll try all three...have to look at them a little more first. Then maybe buy on the 26th.

[jiesen]

WHC

I like all of these, especially the bank- you can't ask for a better chart.
But please pick WHC, because I really want to see you write about a jail called Wackin' Hut- not to mention the kick I'd get telling friends I own a piece of it.

[mimo_100]

Re: Thanksgiving Day Top 5

I will buy one of these tomorrow:

CTX FPIC HOV WHC WSBK


Which one do you like??

I am optimistic and when I read about corrections, I feel uneasy. So,
for me WHC is out.

WSBK is splitting 2 for 1, for shareholders of record November 30.
Unless you buy with same day settlement today, you will be buying the
post split shares. I like this one.

Tim

[carlton02]

pick wsbk

I like this stock
Seem like it could break out, on hte split news.
I will however bow to your HUGENESS, thanks for the great work!!

[shannonkeo]

split

can someone explain to me about this split deal? I understand the concept, but if I buy today and it splits on the 30th, will I get the split or not? How do I tell? will the price then just adjust in proportion or what?

I guess my concern is that if its a 50 dollar stock which I buy today and it splits 2 for 1, the price goes to 25? Yet, if I don't get the split, I've paid 50 for a stock that is now at 25. Someone help me understand. Thanks.

[tscanlon]

Splits are different from dividends, where payment is not the same as record date. With splits, the record date and "payment" date are the same. If you buy at 50 today you will have twice as many share of a $25 stock on Monday.

[mimo_100]

Re: split

can someone explain to me about this split deal? I understand the concept, but if I buy today and it splits on the 30th, will I get the split or not? How do I tell? will the price then just adjust in proportion or what?

I guess my concern is that if its a 50 dollar stock which I buy today and it splits 2 for 1, the price goes to 25? Yet, if I don't get the split, I've paid 50 for a stock that is now at 25. Someone help me understand. Thanks.

Hello shannonkeo,

The record date for this split is Sunday, November 30. This means you must be a stockholder of record on that date in order for your 100 shares to turn into 200 at half the price. In order to be a stockholder of record on November 30, you must have purchased the stock on November 24. Normal settlement is three business days.( tue, wed, fri equals 3 days).

In any case it really doesnt matter when you buy it. Here is why.

If today you own 100 shares at $31 = $3100. On monday you will own 200 at $15.50 = $3100.

Tim

[shannonkeo]

split

not to beat this into the ground, but i didn't see the stock split today. Does that mean I can still buy at the old price and end up with twice the shares? I understand the concept fine, its just the logistics of it actually happening that I'm getting hung up on.

Thanks for the patience and sorry for the stupid newbie questions.

[The Kid]

Shannonkeo,

There is no such thing as a stupid question in the world of investing.....only stupid investments (of which I have made many. ) As far as your question, I thought the same thing you did; that today would have been the new split price (about $16 a share.) Rest assured if you did buy 100 share at $32 today, you would NOT have the same 100 shares at only $16 a share when it splits.

I am sure someone who owns the stock can fill us both in on the details or minutiae of the actual split status.

Happy investing,

The Kid

[the_daqman]

Re: split

not to beat this into the ground, but i didn't see the stock split today. Does that mean I can still buy at the old price and end up with twice the shares? I understand the concept fine, its just the logistics of it actually happening that I'm getting hung up on.

Thanks for the patience and sorry for the stupid newbie questions.

according to briefing dot com wsbk will split on 12/17 after the close and show adjusted at the open 12/18.

ns2