Down but about to rebound? Only stock picks

[Tug life]

My uncle has been in for 5 years. He was doing DRIP but just started taking the dividends as payments. We'll see.

Im was dead at you saying they are upfront about being a ponzi scheme but how so?

 

[BaldingSoHard]

How is it up front about being a Ponzi scheme?

Im was dead at you saying they are upfront about being a ponzi scheme but how so?

Their EPS is -$.80 per share.... while distributing $.21 per share per month in dividends.
There's no way around it. They're just liquidating capital in the form of distributions while continuously raising capital.
Also the stock price has been steadily trending downward since inception while being invested heavily in S&P 500 equities.
It's a ponzi scheme without cooked books.

 

[KING WILL]

Thanks for the breakdown.

 

[GunRanger]

Crmd is currently 8 dollars. What price is realistic to sell at?

 

[Tug life]

Crmd is currently 8 dollars. What price is realistic to sell at?

Probably hold until $20+ my exit strategy is $70+ but you have to do your own due diligence to determine whats good for you. We are already closing in on $9 in the first hour of trading there was a lot of buys this morning

 

[Tug life]

CRMD CEO bought 2,500 yesterday

 

[winb83]

CRMD CEO bought 2,500 yesterday

Yahoo finance said it was up 20% today. It was above $9

 

[Tug life]

Yahoo finance said it was up 20% today. It was above $9

Yeah it went as high as $9.74 today. Can't wait to see what tomorrow brings. Not looking for big jumps, just studying the price action. We should probably get updates on institutional buys at the end of the month

 

[ViShawn]

I think I'm going to sell some of my company stocks that vested and put that money heavily into Alibaba.

 

[ahomeplateslugger]

Wells Fargo CEO just "retired" and the stock went up. i bought when it was $52 then bought back in when it was around $48. i'm gonna see how this plays after a few weeks before deciding to buy in or not. WF dividends is great. good stock to own.

I think I'm going to sell some of my company stocks that vested and put that money heavily into Alibaba.

alibaba is killing it. i bought 3 shares around $135 then bought 2 more around $165. hopefully it cracks $200 again.

 

[ViShawn]

Wells Fargo CEO just "retired" and the stock went up. i bought when it was $52 then bought back in when it was around $48. i'm gonna see how this plays after a few weeks before deciding to buy in or not. WF dividends is great. good stock to own.



alibaba is killing it. i bought 3 shares around $135 then bought 2 more around $165. hopefully it cracks $200 again.

Hell yeah! Do you think WF is Blue Chip? I need a value stock TBH. I'm relying too much on Tech right now in my portfolio which is heavily growth related. I need to diversify.

 

[ahomeplateslugger]

Hell yeah! Do you think WF is Blue Chip? I need a value stock TBH. I'm relying too much on Tech right now in my portfolio which is heavily growth related. I need to diversify.

by definition Wells Fargo is a blue chip stock for sure. market cap has to be over a billy (their market cap is over 200B), they've been around for years and they've been stable for the most part before the scandal news broke out.

i'm all about value, dividends and holding on for the long run. bank of america, ATT, coke, cisco and intel are some good value stocks. not sure what your budget is tho. kraft took a big dip and historically doesn't bounce back well but they have good dividends for their price. can buy to collect the dividends then sell after a couple of years.

yeah i don't really rock with tech stocks. cisco, intel and AMD have been ok for me but i don't invest in the industry much even tho i work in tech. i recently got into buying stocks so i missed the wave on the big ones i liked and i'm not a fan of most of these new tech companies.

 

[winb83]

These are my core positions that pay dividends. I plan to put most of my money into these. YOC = yield on cost meaning the percentage of the current share price given back annually as a dividend.
Verizon 3.95% YOC
Coca Cola 3.43%
McDonald's 2.4%
Bank of America 2.22%
Boeing 2.22%
Comcast 2.12%
Disney 1.60%
Microsoft 1.58%
Apple 1.55%
Nike 1.06%

These are my core positions that don't pay dividends
Facebook
Spotify

These are positions I hold just because they pay a very high dividend on the cost of them.
Apple Hospitality REIT 7.33%
Ford 6.96%
AT&T 6.50%

These are positions I own under a hand full of shares of. None pay dividends.
Charter Communications (bought this at $295 and it's in the $350s now. Should have got more)
Netflix
Tesla
Amazon
Google

These positions are total gambles. None pay dividends except GE.
Aurora Cannabis
Nio
CorMedix
General Electric 0.40%
AMD

I own a fair amount of tech stocks. I also own a lot to telcos.

 

[KING WILL]

AMRN has rebounded pretty well. Up over 12% to close above $20 Friday.

Last few catalyst for AMRN:

1. ADA recommends Vascepa as its new Standard of Care for Diabetic treatment.
2. File a sNDA (Supplement New Drug Application) with the FDA.
2A. Is expecting a priority review from FDA.
3. Already granted a priority review in Canada.

Last week during a AHA conference, AMRN released data showing that it reduces 1st, 2nd and subsequent Heart related events in people at risk. (SP actually went down hard afterwards tho).

 

[L68]

RH is cheap right now..