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Which companies have you been buying lately?

By FortWayne   Follow   Tue, 7 Aug 2012, 8:15am   2,755 views   43 comments
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Anything that looks good?

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1. zzyzzx Follow Befriend (9) 434 threads 4,247 comments Baltimore, MD

   1   8:38am Tue 7 Aug 2012   Share   Quote   Permalink   Like (2)   Dislike   At these dow levels, nothing!

2. AlexS Follow Befriend (1) 1 threads 284 comments

   2   9:10am Tue 7 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike   On Capital Account yesterday - http://www.youtube.com/user/capitalaccount?feature=results_main - they discussed the confidence crisis. People just don' trust the Wall Street anymore. Then you have people like Jon Corzines out there who just pocket customer's money, no explanations, no answers, no charges, nothing.

3. Dan8267 Follow Befriend (17) 785 threads 7,962 comments Boca Raton, FL Premium

   3   9:19am Tue 7 Aug 2012   Share   Quote   Permalink   Like (4)   Dislike   Protected   I don't understand how the S&P can be at 1400 today except that all the money out there has no other place to go. If interest rates rise so that people can just break even after taxes and inflation, I think the S&P 500 will drop by 30% or more. All it would take is 4.5% money market rates and 6% CDs of 12 months maturity. But right now that seems impossible.

4. CL Follow Befriend (12) 141 threads 1,367 comments Emeryville, CA

   4   9:41am Tue 7 Aug 2012   Share   Quote   Permalink   Like   Dislike   I bought TSLA recently. It's seemingly volatile but I made some money. What about DIS? They report today after the close I think.

5. zzyzzx Follow Befriend (9) 434 threads 4,247 comments Baltimore, MD

   5   9:48am Tue 7 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike (1)   I'm waiting for the DJIA to get closer to 12500 before I buy back my trading shares.

6. jhall Follow Befriend (3) 23 threads 130 comments Minneapolis, MN

   6   12:17pm Tue 7 Aug 2012   Share   Quote   Permalink   Like (3)   Dislike   I invested in my local coop. They needed money to move to a new location and they're paying me six percent. My money's safe and I'm happy to loan it to a good neighborhood resource.

7. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

   7   12:40pm Tue 7 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected   Chipotle Mexican Grill after the crash. CMG is like McDonald's, except I don't feel like sh*t after eating it. Unfortunately there's no CMG in the Corning-Elmira area just yet. We do have a Panera Bread though.

8. FortWayne Follow Befriend (13) 106 threads 3,863 comments

   8   2:31pm Tue 7 Aug 2012   Share   Quote   Permalink   Like (2)   Dislike (1)   Restaurants are a very risky investment usually, they often become popular like a fad and go away quickly. It's easy to miss the selling point.

9. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

   9   2:43pm Tue 7 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   FortWayne says Restaurants are a very risky investment usually, they often become popular like a fad and go away quickly. It's easy to miss the selling point. Fair point, but Chipotle has "caught on." It's a popular lunch destination for white-collar folks: healthy food, fast, at a reasonable price. It's much better quality food than Taco Bell (which was no fad). Actually if I were Taco Bell I'd be worried about losing market share to Chipotle. Only time will tell who is right.

10. zzyzzx Follow Befriend (9) 434 threads 4,247 comments Baltimore, MD

    10   6:04am Wed 8 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike   freak80 says Chipotle Mexican Grill after the crash. CMG is like McDonald's, except I don't feel like sh*t after eating it. Unfortunately there's no CMG in the Corning-Elmira area just yet. We do have a Panera Bread though. I prefer Baja Fresh.

11. lostand confused Follow Befriend (9) 183 threads 1,659 comments Premium

    11   6:33am Wed 8 Aug 2012   Share   Quote   Permalink   Like (2)   Dislike   Protected   I had a big chunk of change in DRR-which is a short euro fund. Working out nicely for me. Am thinking of getting out and parking funds for a while. I think the market still looks like it could go lower, so maybe load up on some Ford when it gets down a bit more? Just looking for now. Nothing else seems that attractive in these prices.

12. edvard2 Follow Befriend 38 threads 2,300 comments

    12   7:46am Wed 8 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike   I continue to do as I've always done: stick money into a 401k, a few mutual funds that are widely diversified, and so on. I don't try to "outsmart" the market.

13. New Renter Follow Befriend (3) 14 threads 2,449 comments San Jose, CA Premium

    13   8:53am Wed 8 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   Anyone like GE?

14. Facebooksux Follow Befriend (3) 3 threads 277 comments Mountain View, CA

    14   9:00am Wed 8 Aug 2012   Share   Quote   Permalink   Like (2)   Dislike   The issue is that there are a lot of solid companies out there, but all leading economic indicators look very bad if you look at genuine indicators of output, like train deliveries, port activity, factory orders, etc. More people went on disability than got jobs this past month. http://news.investors.com/article/617233/201207061636/disability-climbs-faster-than-jobs-under-obama.htm There's no good way to fix the shitstorm Europe is in. Current stock prices are unsustainable. I think caution is the order of the day.

15. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

    15   9:06am Wed 8 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   zzyzzx says I prefer Baja Fresh. Never heard of it. edvard2 says I don't try to "outsmart" the market. I wise strategy I learned the "hard way."

16. KILLERJANE Follow Befriend (3) 12 threads 600 comments

    16   9:44am Wed 8 Aug 2012   Share   Quote   Permalink   Like   Dislike   Chipotle doesn't make an eatable, in the hand burrito. It makes a ball shaped burrito. When you eat it it's tasty but your like eating from a trough. This is a meal only to be eaten in a dark room by yourself. Tastes good tho.

17. CL Follow Befriend (12) 141 threads 1,367 comments Emeryville, CA

    17   9:45am Wed 8 Aug 2012   Share   Quote   Permalink   Like   Dislike   New renter says Anyone like GE? I do. I bought DIS yesterday, and then it was down ~ 2% after the bell. That changed today so now I'm up. I like them both okay, since with dividends and the way time progresses I'll turn around one day and find extra shares. Better than parking my dough in my checking. I bought GE a while back and it hasn't done much really, but it feels like it's getting close. I thought the same with X and I've regretted not loading up on it.

18. zzyzzx Follow Befriend (9) 434 threads 4,247 comments Baltimore, MD

    18   10:06am Wed 8 Aug 2012   Share   Quote   Permalink   Like (2)   Dislike (1)   New renter says Anyone like GE? I liked it better a few months ago when the stock price was cheaper.

19. zzyzzx Follow Befriend (9) 434 threads 4,247 comments Baltimore, MD

    19   10:09am Wed 8 Aug 2012   Share   Quote   Permalink   Like   Dislike (1)   freak80 says zzyzzx says I prefer Baja Fresh. Never heard of it. http://www.bajafresh.com/ I suspect that they might not be in upstate NY.

20. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

    20   11:07am Wed 8 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   zzyzzx says suspect that they might not be in upstate NY. There isn't much of anything in upstate NY. Other than abandoned factories. The scenery sure is nice though.

21. CL Follow Befriend (12) 141 threads 1,367 comments Emeryville, CA

    21   2:01pm Wed 8 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike   zzyzzx says freak80 says zzyzzx says I prefer Baja Fresh. Never heard of it. http://www.bajafresh.com/ I suspect that they might not be in upstate NY. If the homeowner isn't insulted by your offer...you didn't bid low enough!!! A lot of salt in those, though. http://www.bajafresh.com/mexican-food-nutrition

22. AlexS Follow Befriend (1) 1 threads 284 comments

    22   2:32pm Wed 8 Aug 2012   Share   Quote   Permalink   Like (2)   Dislike   New renter says Anyone like GE? Their business model doesn't work. Remove the various government subsidies keeping them affloat, and GE will collapse.

23. CL Follow Befriend (12) 141 threads 1,367 comments Emeryville, CA

    23   4:52pm Wed 8 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike   AlexS says Their business model doesn't work. Remove the various government subsidies keeping them affloat, and GE will collapse The world's largest conglomerate? I don't think so.

24. E-man Follow Befriend (31) 34 threads 2,612 comments San Jose, CA Premium

    24   11:17pm Wed 8 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   Actually I sold SDRL & CIM yesterday to raise some cash. Haven't bought anything lately. I'm hoping to buy these two stocks back at 10% lower. SDRL pays about 8% in dividend. CIM pays about 15%.

25. zzyzzx Follow Befriend (9) 434 threads 4,247 comments Baltimore, MD

    25   6:25am Thu 9 Aug 2012   Share   Quote   Permalink   Like   Dislike (1)   AlexS says Their business model doesn't work. Remove the various government subsidies keeping them affloat, and GE will collapse. I liked GE much better when it was closer to $18/share. I don't like buying stocks near their 52 week high.

26. errc Follow Befriend (7) 30 threads 1,267 comments 31 male Premium

    26   8:24am Thu 9 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   wells fargo is at its 52 week high in fact, WFC is up 50% from a year ago today. that sounds reasonable, what with all the marked improvement in their business over the past twelve months

27. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

    27   9:51am Thu 9 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected   errc says in fact, WFC is up 50% from a year ago today. that sounds reasonable, what with all the marked improvement in their business over the past twelve months It's very reasonable since they are "too big to fail" and you and I will be forced to bail them out the next time they f*ck up.

28. TMAC54 Follow Befriend (9) 70 threads 930 comments San Leandro, CA

    28   7:22am Sat 11 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike   freak80 says CMG is like McDonald's, except I don't feel like sh*t after eating it. Chipotle IS owned by McDonalds. Meet ,,,,,,,, RRRRaul McRRRRamirez

29. TMAC54 Follow Befriend (9) 70 threads 930 comments San Leandro, CA

    29   7:31am Sat 11 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike   zzyzzx says At these dow levels, nothing! Gubmint is manipulating markets in hopes someone will invent another widget that will generate more money than the computer did. If not, markets will snap back like one big damn rubber band. Should we invest in pain killers ? I am triple bearish, The problem with that is cash will be worthless if I'm right.

30. TMAC54 Follow Befriend (9) 70 threads 930 comments San Leandro, CA

    30   2:06pm Sun 12 Aug 2012   Share   Quote   Permalink   Like   Dislike   FortWayne says Anything that looks good? SHORT GUBMINT ! FortWayne... Are you long on any sector ?

31. dcllee Follow Befriend 7 threads 19 comments

    31   9:57pm Sun 12 Aug 2012   Share   Quote   Permalink   Like   Dislike   bought some GTU.

32. everything Follow Befriend (2) 3 threads 565 comments Madison, WI

    32   10:54pm Sun 12 Aug 2012   Share   Quote   Permalink   Like   Dislike   In times like these, look out for things that may have topped unless they are a good dividend company.

33. TMAC54 Follow Befriend (9) 70 threads 930 comments San Leandro, CA

    33   7:55am Mon 13 Aug 2012   Share   Quote   Permalink   Like   Dislike   Found on http://www.moneyandmarkets.com/ PIIGS,France,England,etc Nearly everywhere, I find a single, overarching emotion is paramount: The fear that bungling governments are destroying — or about to destroy — what little is left of our peace and prosperity. In Western Europe, as the entire continent sinks into a double-dip recession, the fear has spread from the PIIGS countries to France, England and even Germany. In Japan, similar fears — long ridiculed by officials and ignored by the press — are once again bubbling to the surface. And in the U.S., the fear of a fiscal cliff — less than five months away — has now pervaded corporate boardrooms, putting new investments on hold and prompting sharp cutbacks in hiring.

34. AlexS Follow Befriend (1) 1 threads 284 comments

    34   8:11am Mon 13 Aug 2012   Share   Quote   Permalink   Like   Dislike   CL says The world's largest conglomerate? I don't think so. Last time I heard this was about GM, Fannie, Freddie... Also, if it wasn't just for one TARP, but several, the list of bankrupted and liquidated names would also include, but not limited to: AIG (biggest insurer) Bank of America Citibank JP Morgan Chase Goldman Sachs ... just to name a few. But CL, you go ahead and invest into enterprise that without subsidies would fail the next minute.

35. E-man Follow Befriend (31) 34 threads 2,612 comments San Jose, CA Premium

    35   8:16am Mon 13 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected   TMAC54 says I am triple bearish, The problem with that is cash will be worthless if I'm right. Say you're right in your assessment. What asset class would do well in this environment? The answer is hard assets, which are gold & real estate. Gold doesn't produce income while real estate does. Under your scenario, we would be paying back our debt with funny money. Having a small asset in gold is a good hedge & could be golden under this scenario. However, income-producing real estate would still come out as a big winner regardless of how you slice it.

36. CL Follow Befriend (12) 141 threads 1,367 comments Emeryville, CA

    36   9:43am Mon 13 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike   AlexS says But CL, you go ahead and invest into enterprise that without subsidies would fail the next minute. I believe, but tell me if I'm wrong, that GE's business is still huge...making turbines, jet engines, telephones, appliances, security systems, healthcare, and so on. Their vulnerability came from GE Capital. Then again, most of the big manufacturers got involved in finance. That doesn't mean that their industry is on life-support (and even if it were, GE makes that too!). AS GE goes, goes the nation is still largely true.

37. FortWayne Follow Befriend (13) 106 threads 3,863 comments

    37   9:22am Tue 14 Aug 2012   Share   Quote   Permalink   Like   Dislike (1)   CL says AlexS says But CL, you go ahead and invest into enterprise that without subsidies would fail the next minute. I believe, but tell me if I'm wrong, that GE's business is still huge...making turbines, jet engines, telephones, appliances, security systems, healthcare, and so on. Their vulnerability came from GE Capital. Then again, most of the big manufacturers got involved in finance. That doesn't mean that their industry is on life-support (and even if it were, GE makes that too!). AS GE goes, goes the nation is still largely true. Large corporate entities usually can't just sit on cash and have an investment unit in order to maximize return to their shareholders. So all that cash "on the sidelines" will likely flow into stock markets if it's not there already.

38. CL Follow Befriend (12) 141 threads 1,367 comments Emeryville, CA

    38   10:05am Tue 14 Aug 2012   Share   Quote   Permalink   Like   Dislike   FortWayne says Large corporate entities usually can't just sit on cash and have an investment unit in order to maximize return to their shareholders. So all that cash "on the sidelines" will likely flow into stock markets if it's not there already. Hey FW, What do you mean?

39. FortWayne Follow Befriend (13) 106 threads 3,863 comments

    39   10:18am Tue 14 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike   CL says Hey FW, What do you mean? Large corporations don't typically allow cash to sit in the bank with no returns. So they invest a large portion of their revenue into the stock markets. Investment in the stock market generates return to shareholders (a lot more than cash in the bank). Plus they can avoid paying some taxes this way. A quick example is that MSFT is a major shareholder of AAPL. There are millions of other examples.

40. SFace Follow Befriend (2) 61 threads 1,336 comments Premium

    40   12:17pm Tue 14 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   Per the 10-K, MSFT has about 82B in cash and investment, about 8B is in common and preferred shares. Most goes to fixed return instructment in government bonds and corporate bonds. Having the benefit of reading 1000's of the 10-K, most public company stash their cash in fixed income (mostly a basket of short/medium/long government/corporate bonds), not equity. If they do stash it in equity, it is either strategic or represents a minor portion of the treasury.

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