Sold Wal-Mart & Home Depot

[Rod]

On 3 Jan I sold Wal-Mart @ 47.55 & Home Depot @ 41.07.

Anybody still hold any of these?

God Bless:)

[GGal]

On 3 Jan I sold Wal-Mart @ 47.55 & Home Depot @ 41.07.

Anybody still hold any of these?

God Bless:)

RodMeister,

I was never fortunate enough to own them. Can you please tell me why you sold them?

Thanks
GA

[Rod]

RodMeister,

I was never fortunate enough to own them. Can you please tell me why you sold them?

Thanks
GA

I sold them because they were laggards and the sectors were weak. Fortunately for me, I sold HD the day after the resignation of the CEO- when shares rose 3%.

I should have sold WMT in Oct when it hit 51.

WMT began 2006 @ 46.23 and ended at 47.55

HD began 2006 @ 41.57 and ended at 41.07

They are each now at 48.08 and 40.83, respectively.

I could have made a few more pennies on WMT, but overall I feel I made a good call.

I now have my eye out for a good tech stock. (CSCO perhaps???)

[ATCJeff]

look at a 10 yr chart of WMT...

I would not want to be a buy and hold of that stock...

[Rod]

look at a 10 yr chart of WMT...

I would not want to be a buy and hold of that stock...

I think now would be a good time to buy HD since housing has pretty well hit bottom and can only go up from here... especially with summer around the corner.

BUT, I'm through with it.

[Birchtree]

I've been accumulating HD since 7/15/02 when I paid 29.87. Since then I have added more shares at; 25.44, 28.22, 38.78, 33.05, 34.56, and will more than likely buy more real soon. I'm holding out for the $50 pop and then a 2 for 1 split.

[GGal]

I sold them because they were laggards and the sectors were weak. Fortunately for me, I sold HD the day after the resignation of the CEO- when shares rose 3%.

I now have my eye out for a good tech stock. (CSCO perhaps???)

I've been toying (thinking about) with Black Box Corp.

GA

[Rod]

I've been toying (thinking about) with Black Box Corp.

GA

Be Careful...

http://money.cnn.com/news/newsfeeds/articles/newstex/AFX-0013-14217485.htm

[weatherweenie]

I've been accumulating HD since 7/15/02 when I paid 29.87. Since then I have added more shares at; 25.44, 28.22, 38.78, 33.05, 34.56, and will more than likely buy more real soon. I'm holding out for the $50 pop and then a 2 for 1 split.

Started a HD DRiP for my daughter when she was born in 1998. Don't have a lot, but have been holding since. Not too thrilled with the performance, but I plan on holding for a long long time. :confused:

[Rod]

Started a HD DRiP for my daughter when she was born in 1998. Don't have a lot, but have been holding since. Not too thrilled with the performance, but I plan on holding for a long long time. :confused:

It should pick up in the summer.

[weatherweenie]

It should pick up in the summer.

Hoping for a pickup through the summer of 2017. :D

Otherwise, I know of a good truck driving school my daughter can go to. :laugh:

[GGal]

I sold them because they were laggards and the sectors were weak. Fortunately for me, I sold HD the day after the resignation of the CEO- when shares rose 3%.

I should have sold WMT in Oct when it hit 51.

WMT began 2006 @ 46.23 and ended at 47.55

HD began 2006 @ 41.57 and ended at 41.07

They are each now at 48.08 and 40.83, respectively.

I could have made a few more pennies on WMT, but overall I feel I made a good call.

I now have my eye out for a good tech stock. (CSCO perhaps???)

Hey, Warren gobbled up some USG in October at $46, and I see it's still at $53, with a mean recommendation of 1.5, and a 1 yr target of $70....somebody loan me some money!

GA

[fedgolfer]

Hey, Warren gobbled up some USG in October at $46, and I see it's still at $53, with a mean recommendation of 1.5, and a 1 yr target of $70....somebody loan me some money!

GA

GA, interesting... who's Warren... Buffett? Where'd you get that info? Re: loaned money, I looked into enabling my brokerage account for margin activity, but doubt I'll make a move with it since its at a whopping 10% interest!!!

Rod, I'm also eyeing CSCO... although I feel I'm two days late from a good entry point. What are you targeting? I like what I've heard about them expanding the home network with media providers and Scientific Atlantic boxes. Also thinking about clearing out my kids' savings and getting some DIS for the kiddies and play as a buy & hold. Like Goldman Sachs too since everyone thinks they can repeat in '07. The dudes on Fast Money were saying if this week's IPO for Fortress Investments (FIG) trades at a 15 multiple, then the market's gotta love GS at those levels... around $260 from their current ~$213'ish.

[GGal]

[QUOTE=fedgolfer;76257]GA, interesting... who's Warren... Buffett? Where'd you get that info? Re: loaned money, I looked into enabling my brokerage account for margin activity, but doubt I'll make a move with it since its at a whopping 10% interest!!!

http://www.sec.gov/Archives/edgar/data/109694/000118143106057299/xslF345X02/rrd132661.xml

Hey, JK, of course I would never borrow money to invest (well, I did beg my husband for an interest-free loan - the same day I hit him up for a 2 carot pear shape diamond - I didn't get either one!)....

I want some CSCO too.

GA

[Rod]

On 3 Jan I sold Wal-Mart @ 47.55 & Home Depot @ 41.07.

Anybody still hold any of these?

God Bless:)

Looking back, I'm very happy I made this sell. Especially the HD which is now @ 26.00- thanx to the housing slump.

WMT is still hovering around 47.00-48.00.

[Boxholder]

I did have a bunch of HD. Held it too long and finally sold for $36.20.

I sold 828 shares of Walgreen today - held it way to long. Lost about 10% when they reported last Sept. and didn't want to see what they report tomorrow. I bought Verizon VZ, Chesapeake Energy CHK, Petroleum Brasileiro PBR, Jacobs Engineering JEC, and Annaly Capital NLY today. I hope they are recession proof.

[CountryBoy]

I hope they are recession proof.

That's what I try to do with a little over a third of my ROTH portfolio. GE, T, PG, DUK, JNJ, are not only recession proof (I hope), they have historically paid consistant dividends and decent yields. I have 14 stocks in my ROTH's and have actually held it's value pretty well, better than I've done with my TSP. :( So I'm more of a buy and hold type on my Roth's though I have a few that will be sold, given enough growth and enough shares to make it worth while this early in my ROTH building. Though following Griff has helped me get back on track after that one horrible week.

Merry Christmas to all,
CB

[Bullitt]

Boxholder,
That's a pretty good stake you had in WAG. How long did it take you to accumulate those shares?

I don't understand how LOW and HD work. Even when the housing boom was happening, the shares were stagnant. Now that housing is in the gutter, both stocks have collapsed. As a long term investor, I'm considering diving in to either LOW or HD if they ever enter $20-21 land. Personally, I prefer to shop at Lowe's.

[Birchtree]

I own a nice block of HD and as long as they keep increasing their dividends I'll continue to hold and may increase my exposure after the first of the year when I can raise soime cash. Anyone own any Mosaic - they should be declaring a split pretty soon.

[Bullitt]

MOS, another coulda-shoulda. Nearly a 4 Bagger YTD.

[Birchtree]

My first purchase of MOS was in 10/01/03 for $6.39. The next purchase was in 3/19/04 at $12.85 and the rest go like this - nah that would be boring. Suffice it to say that I bought more in '04, '05, '06, '07 right up to $34.69. Today I believe it closed out at $82.00. Now I'm waiting on a declaration of a stock split. After this puppy splits I may double down and add to my position. The majority of my buys were in the teens so I have a very nice capital gain that has yet to eat a hole in my pocket. If I get a continuation of upward momentum post split I may peel some off for cash because there are many other wall flowers wanting my attention. Be right and sit tight.

[Boxholder]

Boxholder,
That's a pretty good stake you had in WAG. How long did it take you to accumulate those shares?

I don't understand how LOW and HD work. Even when the housing boom was happening, the shares were stagnant. Now that housing is in the gutter, both stocks have collapsed. As a long term investor, I'm considering diving in to either LOW or HD if they ever enter $20-21 land. Personally, I prefer to shop at Lowe's.
Bullit...I first bought WAG in 1991. It split 3 times in the first 5 years or so. Over the years I've added a little and sold a little. My total investment in what I sold today was about $9300, or a profit of about $21000. The stock never did much of anything as long as I had it - made most of the money on the splits. Kept thinking it might eventually do better and split again. Should have sold it about 3 or 4 months ago when it was $45, but you never know when to hold them and when to fold them. Made a lot of money on HD a few months ago. It split 5 times while I had it Bought it in 1991 for about $46, sold for about $32, but I sure had a lot more share than when I started. I think HD split 12 or 13 times since offering, but I believe the last time was in 1999 or so. I'm like you - prefer to shop Lowe's, but this housing mess scared me off of holding HD, and a few others.

[Boxholder]

I own a nice block of HD and as long as they keep increasing their dividends I'll continue to hold and may increase my exposure after the first of the year when I can raise soime cash. Anyone own any Mosaic - they should be declaring a split pretty soon.
Birch...don't mention Mosiac to me. I bought about 300 shares last summer at $18.55, kept it about a year til it hit $40 and took a little dip. I sold it like a used car salesman getting rid of a lemon. Figured I was the smartest trader around. Now, a few months later, it's over $80 and you're talking split. I almost bought some more today, but then got to thinking, sell at $40 and buy at $80 - how smart could that be? I will probably regret not buying today. It's not tied to housing, credit, and should keep on ticking in a recession, just sucking in that low dollar. I still lose sleep over that one.

[Birchtree]

Boxholder,

I'm glad we are getting to know each other.

Dennis - permabull #1

[whitemingo]

Birch,

Can you throw out some of the wallflowers you are considering at this time. Maybe like three or four of your favorites. I have some money in an IRA with Scott that I have not put into stocks.

Thx