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Reply With QuoteThey are reorganizing and when it is done the ticker symbol will change because the shares of the old ticker will be wiped out. Seen happen too many time, United Airline, Kmart, Sears, etc.
Re: ILoveTDs Account Talk
OUCH! I know someone at work who did that with Delta Airlines when they were reorganizing a few years ago. That was chapter 11, right? He said that what happened to him was that after the reorganization they issue new stocks and the old stocks he was holding were worthless. It's like they stopped being legal tender. He said it cost him $3000. I certainly hope this isn't your case with AA.Originally Posted by ILoveTDs
Allocations as of COB Dec 28 : 100% S. | Retirement Date:Dec 2025
Past Returns: 2020 31.85%,2019 27.97%,2018 -3.36%,2017 13.10%, 2016 -1.79%, 5Yr Avg 12.61%
Re: ILoveTDs Account Talk
They are reorganizing and when it is done the ticker symbol will change because the shares of the old ticker will be wiped out. Seen happen too many time, United Airline, Kmart, Sears, etc.
Socrates: "Democracy, which is a charming form of government, full of variety and disorder, and dispensing a sort of equality to equals and unequaled alike."
Re: ILoveTDs Account Talk
Did you do it?
Re: ILoveTDs Account Talk
Yeah I did it. Then I got out of S Fund COB 3 Jan, so I've been sitting in F Fund since 4 Jan. I'll probably look at getting back in at the end of next week sometime, but that might change based on the market at the time.
100% G Fund COB 13 March 2020
Re: ILoveTDs Account Talk
Can the S&P hold 1300 going into the weekend? If we hold 1300 into the weekend I think this baby will run next week.
50/200 moving average is up, and seasonality is on our side. I just don't know if we can stay above 1300.
100% G Fund COB 13 March 2020
Re: ILoveTDs Account Talk
You run the risk of being left at the station because there will only be shallow consolidations in this bull run. Shares usually bottom and begin a new bull market when the sense of disbelief is the greatest. The more confirmation one seeks, the less potential reward is left on the table.
Re: ILoveTDs Account Talk
Went ahead and moved 50/50 S and I COB today.
100% G Fund COB 13 March 2020
Re: ILoveTDs Account Talk
Anyone see the news out of Apple and Yahoo?
Apple up $30+ (8%) after hours, tommorow might be very nice.
100% G Fund COB 13 March 2020
Re: ILoveTDs Account Talk
Birch - I'm contemplating between FOE or PEIX, which would you suggest?
100% G Fund COB 13 March 2020
Re: ILoveTDs Account Talk
Both would be my suggestion - why choose.
Re: ILoveTDs Account Talk
Why are you looking to buy them? What is your target? What is the downside risk?
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Re: ILoveTDs Account Talk
I am not the most savvy investor but energy overall was down last year and i think it might have a good bounce this year- especially going into the summer. Although not energy I think FOE will go in the direction of energy.
Both are relatively cheap in the cost per share and I only plan to invest about $1K, so I'm not going to put it in Apple or Price line and get 2 shares. They are both price relatively well within their 52 week range. I'm looking for stock with the opportunity to increase in price as oppose to paying a dividend as i am invested in WWE to cover my dividend revenue.
My target is about 15% sometime in June. The downside is the relative price leads the stock to more volitility- a .25 or $1 drop is a huge %.
100% G Fund COB 13 March 2020
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