<p>Well…I like Whole Foods stock at 2 times cash flow compared to now. Well, I am just assuming it is trading higher than 2 times cash flow. :)</p>
<p>That would be cool if Whole Foods opens a store close to where you work.</p>
<p>Normally I don’t throw good money in after bad. I don’t like to average down too much
unless I don’t buy a full position in the first place. I am usually very good at taking losses.</p>
<p>The private company…From what I hear, the new management is
excellent. The old
management wasn’t competent and that is why the company didn’t work.</p>
<p>I can handle the loss now…but I really don’t want to lose more. I was never worried about this deal. Should have worried.</p>
<p>I am going to talk to the new manager and see how he is going to handle the problems that have occured and listen to his remedies.</p>
<p>Then it is school work. All those kids that didn’t think learning algebra
matters, well it does. (probably aren’t too many kids that think algebra doesn’t matter on this web site). :)</p>
<p>Existing shareholders are going to be diluted to practically nothing, so it is pay to play.</p>
<p>Going to have to play out some probabilities and expected returns and see if I want to play or just eat the loss. In other words, guess. :)</p>
<p>"“Based on a statistical analysis that I did going back even further, almost 50 years, interest rates on deposits have never been this low,” said Dan Geller, executive vice president at the firm.</p>
<p>Considering that the inflation rate is running at about 1.7 percent a year (and many consumers are experiencing even higher costs), many savers are losing purchasing power. So here are a few options to consider."</p>
<p>“Bond funds with shorter maturities are less susceptible to interest rate risk. That’s why it is important to pay attention to a fund’s duration, which measures its sensitivity to rate changes. Generally speaking, for every percentage point that rates rise, a bond’s value will decline by its duration (stated in years). So if rates climb by one percentage point, the value of a bond fund with an average duration of two years will drop by 2 percent.”</p>
<p>That there are alleged ‘smart’ people falling for this charade… Reminds me of a friend i have who complains when GE is up a measly 25 cents to $ 20 a share,and jumps for joy and high fiving everyone the same day when Apple is up 4 bucks to $600…;)</p>
<p>I don’t know about the investments mention in the article, but I have had investments (real estate oriented) that provided a return of investment as well as a yield because of depreciation of the underlying property owned by the company. I don’t see that as returning my own money since I was not involved in purchasing the property in the first place. Depreciating the asset created a fiction that I was getting a return of my investment when in fact the money came from cash flow of the business.</p>
<p>I’m feeling rather bearish in the intermediate term after listening to various advisers and reading various pieces. It seems like there are fewer and fewer places around to get any kind of a gain without effort (as in short-term trading). I can’t complain about returns this year but I would like to find something with low risk and not miniscule yield for the rest of the year.</p>
<p>It really is hard finding anyone with a rosy outlook going forward.</p>
<p>A stock like PBA, how do you get in and out of a stock like that? I admit I haven’t looked lately, but the last time I looked, the sizes of the bid and offer were tiny and there wasn’t much depth to the book.</p>
<p>Is there a high frequency trading firm gaming that stock?</p>
<p>Let’s say the stock is 26.00 bid at 26.05 offer. If you put a 26.03 bid for the stock…does the market change to something like 26.05 at 26.10? Does the market move against your order?</p>
<p>I use both market and limit orders - it depends on the security and its relative liquidity. I generally prefer to trade in equities with a lot of volume so that I can get in and out easily if I want to.</p>
<p>On PBA, I just sold at market. In looking at a chart, I may have been 10-15% of the volume for the day that I sold on.</p>
<p>On the PBA chart, the 200 just crossed below the 50. There is a potential inverted head and shoulders pattern so it is interesting. I should do a thorough review of the fundamentals again if I want it back again. I think that it was easier to judge PVX as it was a much simpler company. Going through PBA is a lot more work. BTW, it was nice to pick up some big dividends yesterday from stocks already sold.</p>
<p>I don’t do Level II.</p>
<p>I read Mauldin this evening. Basically it’s an ad for his book but it’s a very long ad and it provides quite a bit of information, apparently from the book. It paints a picture of huge challenges all over the world. It also points out a few spots that may do reasonably well.</p>
<p>As far as getting better yield goes, one approach would be short-term trading. In and out during the day. Low-risk stuff only. Of course that’s a fair amount of work and someone walking into my office to talk about something can kill my trade.</p>
<p>phillyfed, have fun. I would like to know how the casinos are doing.</p>
<p>BCEagle91, </p>
<p>How much did you knock PBA down?</p>
<p>You can get time and sales on the NSDQ website. A while back, I looked at the bids and offers of PBA and I saw bids and offers that did not even add up to 1,000 shares. I also prefer liquid stuff and PBA did not look like it was very liquid.</p>
<p>MSFT, INTC…hard to move those stocks. Might even get a sub penny fill in those stocks.</p>
<p>Aapl is actually pretty thin, but I think some bids and offers are hidden.</p>
<p>Picking up dividends is always nice.</p>
<p>I don’t have the confidence in my short term trading right now to carry me. The public isn’t participating enough for me. The risk reward ratio isn’t there and I don’t want to trade in a size that will give me the return I want.</p>
<p>I started reading Mauldin, but I too thought it was an ad…so I deleted the email.</p>
<p>I don’t know but I had a huge number of order fills so I think that there were mostly small orders against my large one.</p>
<p>The Mauldin email provides an interesting framework for a few years. His stuff is useless for short-term trading but I like to have information in multiple time frames. The FSO podcasts were interesting too. The perspectives in the first hour were a bit more interesting for the second half and on gold.</p>