SchmidtMotorWorks wrote:Matt Gruber wrote:7.97! up 6.69% in 3 days! hit 8.17
has 20 broadcast stations, NBC CBS ABC FOX CW etc
trades on NYSE
$800m market cap
forward pe under 9!
Looks like BLC is down 10% since Feb 03, are you still hot on this stock?
i still have it. it went X-div .05 so i'm getting paid while i wait. their conference call was boring. mgt can't seem to decide what to do with their extra cash. if IF they would announce a plan to gradually increase the div, that could really help.
it did spike to 9.00 and fell back. I'm holding out for april-may to sell. might not beat that 9, but will try.
hgg shot up so fast, while i'd like to own it 5 years, i have to watch it, if it hits ~15 i'm out.
syx has inched up 20+ i plan to sell some before the next eps report.
and i have 1 LOSER FTR which in OCT said they expected to RAISE the div from .75 to $1, now they CUT it to .40
so on my cost the new yield is 7%, while i'm mad at them, it is hard to beat even 7%.
and i have CMT (lightweight fglass truck fenders for good mpg)
Point being, with several stocks there is often plenty of action!
my plan is to sell some by may. or whenever i see a price i judge more likely to retreat than rise. Stocks could pop after the election, and, often pop in Dec. My motto: take profits every year, otherwise they may disappear!
Thanks for asking! I don't think 2 investors ever have the same picks, not at the same buy/sell for sure! As long as there is a plan for what to do if things go wrong, it is worth the effort. Plenty can go wrong old saying STOCKS CLIMB A WALL OF WORRY