Jump to content

Daytripper

Member
  • Posts

    52
  • Joined

  • Last visited

About Daytripper

  • Birthday 06/13/1955

Daytripper's Achievements

Newbie

Newbie (1/14)

0

Reputation

  1. Your point is well-taken. Past performance may not be indicative of future performance.
  2. TSLA was also mentioned, with a caveat regarding valuation, citing Apple during the pre-iPod era. I don't disagree with TSLA. I think trying to value Apple post-Jobs is going to be just as difficult as it was during the pre-iPod period. The assets are too intangible to be realistically and properly valued. My vote is for Apple. There are 3 known catalysts (New CEO/upcoming stock split/iPhone 6) that could seriously propel the stock price. I can't understand why Apple decided to split the shares. The only rationale that I can imagine for the split is because Apple is close to announcing another game-changing technology product or a business methodology/model that completely changes the way an existing business model has operated (past example - media).
  3. I think they would have to hire people to run and administer the fund.
  4. The TCF Financial warrants are trading about for what they were sold for by Treasury, and the stock is getting close to the exercise price. Might be nice to hold some if the stock can trade up in 3.5 years. Any opinions on TCF? Tom
  5. I'm looking for some high yield stocks to own for at least 2-3 years. I been looking at Frontier and noticed that Fairfax owned 18.6M shares as of 12/31/2009. That gives me a pretty good confidence level. Any thoughts on this company? Thanks! Tom
  6. Look's like a good way to side-step some lawsuits. The re-instated dealers were probably marginal operators in the first place, which is why they were slated for closing.
  7. Mortgage REIT with a huge dividend (21%+). Company and/or risk seems to be misunderstood. Any opinions on AGNC?
  8. I guess I'll have to change my strategy a bit and move to higher priced shares, rather than take on a volume trade for a couple of pennies. So far I've found IB to have really fast executions compared to Ameritrade (SMART). I was fed-up with watching (and waiting) for Ameritrade to get my orders sold on whatever exchange they were using, while watching thousands and thousands of shares trade at my price. Tom
  9. I just opened an account with IB. I left for lower margin rates, and ideally for lower commissions. I've only had this account active today, and I'm puzzled by the commissions. For today..... BOT & SLD 1500 F - Comm 15.00 (RT) BOT & SLD 100 JPM - Comm 2.00 BOT & SLD 5000 SNV - Comm 50.00 BOT & SLD 2500 EK - Comm 25.00 BOT & SLD 1500 AGNC - Comm 15.00 I was with Ameritrade, and upon request quite a few months ago lowered my commissions to $7 per trade. I had been swinging 10K shares on SNV for $7, the downside was that the maint margin was $20K on the transaction. With IB, the maint margin is greatly reduced but the transaction costs are high. I plan to park almost all of the funds in a high dividend-yielding stock, and then purchase about 65% more shares on margin. This will comprise my core position plus allow me to trade a bit, but I'm going to have to switch gears and focus on higher priced shares (note JPM comm is $2). The software takes some time to get used to, this weekend will be spent watching the educational webinars and studying the user quide. I had a few questions for IB staff in getting the account activated, replies via email or chat were quick and accurate. The BlackBerry application works well too. I'll post more comments as experiences allow. Have a great weekend gang! Tom
  10. Right now, you might get a better deal on a Toyota vehicle vs Toyota stock.
  11. I only asked if anybody was still following Pinnacle after looking at the institutional ownership listing on Yahoo.
  12. Is anybody still following Pinnacle Air?
  13. I've noted the recent prices, but have been busy with SNV. Another lower-priced P&C is AFSI, and they pay a dividend. I just found it, and haven't spent much time looking it over. Tom
×
×
  • Create New...