quote:

Originally posted by MikeGLI:
This thread cooled off with the market, anyone making moves?

I got tired of watching Square rise since I missed my first chance with them so I bought in this week.

Doubled down on OKE and XOM since they're both down around my cost basis.

Still have some cash on the sidelines waiting to go to work.

Gut feeling is that we are just seeing reality start to set in after the unprecedented stimulus. The "market" is still way overvalued based upon earnings.

bought a small amount of DUK the other day -- it's below $80

the P/E is respectable

div is pretty strong

they just cancelled the joint pipeline they were building with Dominion.

boring but a solid div stock. it traded around $100 not too long ago.

we seem to be very sideways ... up 300, down 300

NASDAQ tho -- holy cow

watching mostly... the COVID #s have people 're-afraid' I think... not to mention the civil unrest

(and I did the taxes a couple days ago and we owe a bit)

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I’ve made great returns on the EV hype. TSLA, NKLA (sold out of that cause they seem like a fraud), WKHS (cost basis on that is $2.48) and SHLL/Hyliion. I believe the market to be overvalued right now as well so I’m hoarding cash and being patient.

I hope to buy shares in high quality companies at reasonable prices soon.

wsbc is down 8% shoulda waited but it will be ok. I'm down on ge too. took some big gains in pzza so may sell ge to balance. that wll make it go up.

I too believe the market is over-valued.....but I keep waiting......and waiting.......and waiting...... but the shoe never seems to drop.......

Walgreens at $38.50 paying near 5% div is tempting. May go a little lower but this is a half price sale and they have a history of maintaining div even when stock price tanks. Did not cut in 09 when many blue chippers did.

anyone buy Moderna (MRNA) at a nice low ??

looking like a big pop at the open today

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quote:

Originally posted by Sig209:
anyone buy Moderna (MRNA) at a nice low ??

looking like a big pop at the open today

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No, but I now feel as if I stole ABBV when I got it at $64.52 in March. Up 50% as of yesterday. I just wish I would have bought more than 200 shares.

quote:

Originally posted by 280nosler:

quote:

Originally posted by Sig209:
anyone buy Moderna (MRNA) at a nice low ??

looking like a big pop at the open today

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No, but I now feel as if I stole ABBV when I got it at $64.52 in March. Up 50% as of yesterday. I just wish I would have bought more than 200 shares.

nicely done

i have a buddy who has worked there for a long time -- i bet he's happy on that performance

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quote:

Originally posted by 280nosler:

quote:

Originally posted by Sig209:
anyone buy Moderna (MRNA) at a nice low ??

looking like a big pop at the open today

-----------------------

No, but I now feel as if I stole ABBV when I got it at $64.52 in March. Up 50% as of yesterday. I just wish I would have bought more than 200 shares.

ABBV has been down for too long. Decent books, decent pipeline, and great dividend. I did not intend for it to be my largest single holding, but it turned out that way.

Never thought I say this, but Kodak had a great day.

Kodak up 537%

quote:

Originally posted by RAMIUS:
Kodak up 537%

all the Robinhood traders sold their Hertz and JC Penney stocks and are loading up on KODK

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Hopped in @ 18, got out at 47. Kodak just paid for my SP5 in 2 minutes

Wait, OK just wait a sec, why in the hell is Kodak even still a thing let alone up like that?

Why Kodak is up? Link

quote:

Originally posted by apprentice:
Wait, OK just wait a sec, why in the hell is Kodak even still a thing let alone up like that?

Kodak is well known to the public as a camera and film manufacturer. But, really, the core of their business is chemical manufacturing--film and film development is chemical heavy.

Kodak received a $765 million dollar government loan to pivot their business into manufacturing ingredients for generic drugs.

Some huge portion or generic drug ingredients are manufactured in China, India, and Southeast Asia. Huge. Like almost all of it.

So, the idea is that the loan will allow Kodak to pivot it's business and secure that manufacturing in the US. If successful, Kodak stands to get a sizeable slice of many many many billions of dollars in the generic drug biz.

quote:

Originally posted by RAMIUS:
Hopped in @ 18, got out at 47. Kodak just paid for my SP5 in 2 minutes

That was a good trade!
Would you do it again @32?

Well fuck. That would have been handy to know.
Oh well, glad someone got a chunk.