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02-02-2009, 03:11 PM
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#1 (permalink)
| | Senior Member Join Date: Jan 2007 Location: Los Angeles, CA
Posts: 21,924
Likes: 0
| The stock market thread part 2 ERTS is trading at twice cash per share. the madden franchise itself is worth $10 a share and the stock is at $14.86. amazing |
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02-02-2009, 03:29 PM
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#2 (permalink)
| | Time To Grind | Droski, are you trying some kind of pump and dump scam? I kid..  I don't own any, but it is on the cheap. I will be looking at the earnings Tuesday and might pull the trigger on some. |
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02-02-2009, 03:32 PM
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#3 (permalink)
| | Senior Member Join Date: Jan 2007 Location: Los Angeles, CA
Posts: 21,924
Likes: 0
| no offense, but i don't think you guys have enough money to really help my stock positions.  i'm buying before the earnings. the reality couldnt' possibly be worse than the horrid expectations here (knock on wood). |
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02-02-2009, 03:35 PM
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#4 (permalink)
| | Time To Grind | Quote:
Originally Posted by droski no offense, but i don't think you guys have enough money to really help my stock positions.  i'm buying before the earnings. the reality couldnt' possibly be worse than the horrid expectations here. | Droski, I was kidding man..  I have been watching this one for awhile letting it come in and I was just shocked you brought it up. I don't think you could go wrong buying it right here. |
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02-02-2009, 03:37 PM
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#5 (permalink)
| | Senior Member Join Date: Jan 2007 Location: Los Angeles, CA
Posts: 21,924
Likes: 0
| i've been saying for 5 years that this should be a core holding in anyones portfolio. it's just always been ridiculously overpriced. no longer. |
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02-02-2009, 03:38 PM
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#6 (permalink)
| | Time To Grind | Quote:
Originally Posted by droski i've been saying for 5 years that this should be a core holding in anyones portfolio. it's just always been ridiculously overpriced. no longer. | Agreed.. |
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02-02-2009, 04:32 PM
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#7 (permalink)
| | Defended. Join Date: Aug 2006 Location: Mid-Michigan
Posts: 15,609
Likes: 121
| Quote:
Originally Posted by droski i've been saying for 5 years that this should be a core holding in anyones portfolio. it's just always been ridiculously overpriced. no longer. | Interesting... |
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02-05-2009, 08:40 AM
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#8 (permalink)
| | Time To Grind | So Mr. Immelt says GE has the cash flow to pay the Div. but for how long is what im wondering? Some folks say by the end of the year they wont have the cash flow, but I dont know. Anyone have any thoughts if the Div. is safe for the rest of the year? |
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02-05-2009, 09:11 AM
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#10 (permalink)
| | Senior Member Join Date: Jan 2007 Location: Los Angeles, CA
Posts: 21,924
Likes: 0
| Quote:
Originally Posted by myrobbins7 So Mr. Immelt says GE has the cash flow to pay the Div. but for how long is what im wondering? Some folks say by the end of the year they wont have the cash flow, but I dont know. Anyone have any thoughts if the Div. is safe for the rest of the year? | i'd be shocked if the dividend didn't get cut. GE cap is killing them. |
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02-05-2009, 03:48 PM
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#11 (permalink)
| | Time To Grind | Yeah, NWS numbers sucked.. |
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02-05-2009, 04:06 PM
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#12 (permalink)
| | Senior Member Join Date: Mar 2007 Location: Taking careful aim.
Posts: 3,567
Likes: 0
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Originally Posted by droski no offense, but i don't think you guys have enough money to really help my stock positions.  i'm buying before the earnings. the reality couldnt' possibly be worse than the horrid expectations here (knock on wood). | HA! That shows how much you know.
I just looked in my wallet. I have 52 bucks in there.....CASH MONEY!  |
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02-05-2009, 08:49 PM
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#13 (permalink)
| | Senior Member | Droski, are you still holding uyg?
I'm thinking of getting in uyg or fas, tomorrow morning, after the unemployment #'s, and riding it up with the stimulus/bad bank/mtm news.
Nice 30% run on erts, btw.  |
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02-05-2009, 09:52 PM
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#14 (permalink)
| | Senior Member Join Date: Nov 2007 Location: Atlanta, GA
Posts: 7,776
Likes: 467
| Anyone buying BAC? Looking good afterhours Posted via VolNation Mobile |
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02-05-2009, 10:03 PM
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#15 (permalink)
| | Time To Grind | Not me (I already hold enough C, BAC and GS), but there has been some nice insider buying on BAC. |
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