Skiracer's stock slopes

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  • bootsmagee
    Member
    • Dec 2010
    • 51

    NJR up above 48 today..I've been keeping an eye on it lately after you mentioned it

    Comment

    • skiracer
      Senior Member
      • Dec 2004
      • 6314

      Originally posted by bootsmagee View Post
      NJR up above 48 today..I've been keeping an eye on it lately after you mentioned it
      I wouldn't be a buyer right now at this price. They will be announcing a split of either 2-1 or 3-2 now that it is at this level. Happens like this everytime. I would wait for the split and you will get it around $25-26 for sure. I will be loading up myself again on the split. Glad to see that you took an interest in the stock.
      THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

      Comment

      • bootsmagee
        Member
        • Dec 2010
        • 51

        Right on, that's what I was inferring. I've been watching it, and I have an alert set up for anything under $40 in case I miss it.

        Comment

        • skiracer
          Senior Member
          • Dec 2004
          • 6314

          Originally posted by skiracer View Post
          I haven't been trading as much as I usually do but I have been tracking a few stocks. I mentioned one in particular awhile back when it was around $1.07 / $1.10 range. Closed Friday at $1.58. That's a 45% gain to date. Here are two more that I have been tracking but have not bought yet. But I think come Monday a.m. I will get my feet wet with both of them. GCA and TASR. I'll post a chart on both later on tonight or tomorrow. Here's another sure bet. NJR is up over $47 again and getting close to where it will split again 2-1 or 3-2 usually. Buy on the split and put it away somewhere dark and wait another couple of years and do it all over again. Ask Billyjoe how good this one is. Strictly a looooong term hold for the retirement acct.

          here are the two charts on GCA and TASR.


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          Uploaded with ImageShack.us


          Own both of these stocks since yesterday afternoon. In GCA at $4.25 and TASR at $5.55. Patience paid off and got them a bit cheaper than when I first mentioned them. These are two good ones and worth taking a look at them at these levels.
          THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

          Comment

          • Louetta
            Senior Member
            • Oct 2003
            • 2331

            Originally posted by bootsmagee View Post
            NJR up above 48 today..I've been keeping an eye on it lately after you mentioned it
            Me too, me too ...

            Comment

            • skiracer
              Senior Member
              • Dec 2004
              • 6314

              Originally posted by Louetta View Post
              Me too, me too ...
              Well I hope "your small but tight little ass" buys some on the upcoming split. If you start now and let the divys ride and reup on each split you'll be well off in the next 20 years or so. The thing is to deep six this one and let it ride into the sunset. I'm impressed that you are considering acquiring it. good luck!
              THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

              Comment

              • Louetta
                Senior Member
                • Oct 2003
                • 2331

                Originally posted by skiracer View Post
                Well I hope "your small but tight little ass" buys some on the upcoming split. If you start now and let the divys ride and reup on each split you'll be well off in the next 20 years or so. The thing is to deep six this one and let it ride into the sunset. I'm impressed that you are considering acquiring it. good luck!
                Well then, right now most of my stock money is in the following. They are chosen from the list of "dividend champions", S&P stocks which have increased dvidends for at least the last 25 years. I chose these for a high dividend to price percentage payout but still wth a reasonable ratio of dividend to earnings (less than 60%) which should mean earnings can decrease some without endangering the dividend. WY is in there 'cuz like RYN I think trees and the land they are on is at this time a good investment.

                KMB T ABT AZN JNJ RDS-A (to use Yahoo's symbol format) UVV RPM WY

                This leaves out all banks which all seem to fall when Europe shivers.

                Comment

                • skiracer
                  Senior Member
                  • Dec 2004
                  • 6314

                  Originally posted by Louetta View Post
                  Well then, right now most of my stock money is in the following. They are chosen from the list of "dividend champions", S&P stocks which have increased dvidends for at least the last 25 years. I chose these for a high dividend to price percentage payout but still wth a reasonable ratio of dividend to earnings (less than 60%) which should mean earnings can decrease some without endangering the dividend. WY is in there 'cuz like RYN I think trees and the land they are on is at this time a good investment.

                  KMB T ABT AZN JNJ RDS-A (to use Yahoo's symbol format) UVV RPM WY

                  This leaves out all banks which all seem to fall when Europe shivers.
                  Lou,
                  Nice selection of stocks. I usually don't buy the higher priced ones but there are three on your list that I would look at right now as possible trades. I like them all for growth and retirement plays. AZN, UVV, and WY. I see plenty of room for upward moves with those three. And if and when building and construction sectors strengthen then WY will be a big player in that move. Nice looking port overall. I would imagine you are up pretty good with this list.
                  Are you finished with college now and working somewhere.
                  THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                  Comment

                  • Louetta
                    Senior Member
                    • Oct 2003
                    • 2331

                    Originally posted by skiracer View Post
                    Lou,
                    Nice selection of stocks. I usually don't buy the higher priced ones but there are three on your list that I would look at right now as possible trades. I like them all for growth and retirement plays. AZN, UVV, and WY. I see plenty of room for upward moves with those three. And if and when building and construction sectors strengthen then WY will be a big player in that move. Nice looking port overall. I would imagine you are up pretty good with this list.
                    Are you finished with college now and working somewhere.
                    In truth I have joined the working classes and even bought my own car but I do still live in my father's house.

                    Comment

                    • skiracer
                      Senior Member
                      • Dec 2004
                      • 6314

                      Originally posted by Louetta View Post
                      In truth I have joined the working classes and even bought my own car but I do still live in my father's house.
                      so you're out working a 9 to 5 and earning some bucks. you have to crawl before you can walk. big move leaving the security and safety of the nest and flying off on your own and it takes money. that degree from Harvard ought to open a few doors. I'm sure you'll be ok.
                      THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                      Comment

                      • skiracer
                        Senior Member
                        • Dec 2004
                        • 6314

                        I think it is a good time to take a look at both TASR and GCA. I'm in both. GCA from $4.25 and TASR from $5.55.
                        THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                        Comment

                        • bootsmagee
                          Member
                          • Dec 2010
                          • 51

                          I bought a little of each as well

                          Comment

                          • skiracer
                            Senior Member
                            • Dec 2004
                            • 6314

                            Originally posted by bootsmagee View Post
                            I bought a little of each as well
                            Well good luck Boots!!
                            THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                            Comment

                            • skiracer
                              Senior Member
                              • Dec 2004
                              • 6314

                              NJR up $1.55 today at $49.01. I want to see a split.
                              THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                              Comment

                              • Lucavia123
                                Senior Member
                                • Oct 2011
                                • 534

                                Joined you in TASR today at $5.59. Looks top have some possibilities.

                                Comment

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