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Post by sd51555 on Feb 6, 2018 21:25:13 GMT -6
They've been sitting on a quarter trillion dollars in cash for far too long. I jumped off when they hit $160 the first time. That money stands as a monument to them not knowing what to do next. They've got little side businesses that are doing great, but big picture, they're stagnating far as I can tell. If they had one good idea and put it to work with that cash, they'd be a trillion dollar company in no time. I set a bunch of limit orders this morning before I left, expecting another down day (futures were down as much as 2.5% in premarket very early this morning). Lo and behold, it ended a day early. I ended up only making one move through all this, and it was small. What a let down. Markets do a key reversal today, and thats a let down? The dip was big enough to disappoint, too small to go looting. I did get to eek out my principal in my long shot crash option position, and still have 80% of it in play. Bought at 25 cents, sold at $1.10. The rest are set to go in four stages depending how deep a crash could go.
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Post by sd51555 on Feb 6, 2018 21:26:07 GMT -6
In other news, the boring old aristocrats soldier on.
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Post by MoBuckChaser on Feb 6, 2018 21:29:49 GMT -6
In other news, the boring old aristocrats soldier on. With a Dividend over 3%, I wouldn't call it boring. It does have a trading range of $10. LOL!
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Post by MoBuckChaser on Feb 6, 2018 21:47:34 GMT -6
For you guys into dividends, I think MPW is close to a bottom at around $12/share. But with a 7.7% Dividend still, It may be worth buying if you are off by a dollar or two!
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Post by Foggy on Feb 7, 2018 23:39:23 GMT -6
The most successful people in the world aren't usually the brightest. They are the ones who persevere.
Ross Perot
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Post by MoBuckChaser on Feb 8, 2018 4:09:12 GMT -6
The most successful people in the world aren't usually the brightest. They are the ones who persevere. Ross Perot Isn’t he dead?
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Post by Sandbur on Feb 8, 2018 5:52:28 GMT -6
Persevere =stubborn?
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Post by buckvelvet on Feb 8, 2018 8:26:21 GMT -6
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Post by MoBuckChaser on Feb 8, 2018 8:39:32 GMT -6
Yelling a lot and carrying a big stick has worked better for me.....just ask me, not my wife and kids! LOL!
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Post by Foggy on Feb 8, 2018 8:56:49 GMT -6
“Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan Press On! has solved and always will solve the problems of the human race.”
― Calvin Coolidge
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Post by MoBuckChaser on Feb 8, 2018 9:04:50 GMT -6
“Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan Press On! has solved and always will solve the problems of the human race.” ― Calvin Coolidge That is your best post yet!
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Post by Foggy on Feb 8, 2018 9:13:54 GMT -6
“Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan Press On! has solved and always will solve the problems of the human race.” ― Calvin Coolidge That is your best post yet! I first read this quote when I was in my 20's. It's served me well.
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Post by MoBuckChaser on Feb 8, 2018 9:15:55 GMT -6
That is your best post yet! I first read this quote when I was in my 20's. It's served me well. Yep, some of us are living proof we don't need education to do well. Size 44 jacket and a size 4 cap worked for me! You a size 5?
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Post by Foggy on Feb 8, 2018 9:23:54 GMT -6
I like quotes like that above. Another, which is quite long, has allot of meaning to me as well. Pretty hard to achieve all these worthy goals in one life time......
If— BY RUDYARD KIPLING
If you can keep your head when all about you Are losing theirs and blaming it on you, If you can trust yourself when all men doubt you, But make allowance for their doubting too; If you can wait and not be tired by waiting, Or being lied about, don’t deal in lies, Or being hated, don’t give way to hating, And yet don’t look too good, nor talk too wise:
If you can dream—and not make dreams your master; If you can think—and not make thoughts your aim; If you can meet with Triumph and Disaster And treat those two impostors just the same; If you can bear to hear the truth you’ve spoken Twisted by knaves to make a trap for fools, Or watch the things you gave your life to, broken, And stoop and build ’em up with worn-out tools:
If you can make one heap of all your winnings And risk it on one turn of pitch-and-toss, And lose, and start again at your beginnings And never breathe a word about your loss; If you can force your heart and nerve and sinew To serve your turn long after they are gone, And so hold on when there is nothing in you Except the Will which says to them: ‘Hold on!’
If you can talk with crowds and keep your virtue, Or walk with Kings—nor lose the common touch, If neither foes nor loving friends can hurt you, If all men count with you, but none too much; If you can fill the unforgiving minute With sixty seconds’ worth of distance run, Yours is the Earth and everything that’s in it, And—which is more—you’ll be a Man, my son!
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Post by Freeborn on Feb 8, 2018 10:49:01 GMT -6
Looks like the government might actually have a budget instead of continuing resolutions. The budget looks to be around $400 billion in spending which again will be stimulative and inflationary. Asset values should go up in value. I bet we will see 4% growth next year if this passes.
Seems like there should be allot of slack in the economy particlularly when you look at all those long term unemployed. If that is the case and if we have excess production capacity inflation should be reasonable which would mean real growth.
If this is what happens we will make money in 2018.
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