Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[Hog's Gone Fishin]

I wonder what the price action will be like between now and 12/21 ?

[EPodolak]

Originally Posted by Hog's Gone Fishin

I wonder what the price action will be like between now and 12/21 ?

Generally unpredictable, I predict.

[lewdog]

Costco Wholesale has declared a special dividend of $10 a share.

The dividend, which will cost the retailer (ticker: COST) about $4.4 billion, will be paid to shareholders of record as of the close of business on Dec. 2. The company announced the move after the closing bell on Monday.

“This special dividend, our fourth in eight years, is our latest step to reward shareholders,” CFO Richard Galanti said Monday. “Our strong balance sheet allows us to pay this dividend, while preserving financial and operational flexibility to continue to grow our business globally.”

The stock sports a small yield of about 0.7%, compared with about 1.6% for the S&P 500. In April, the company declared a quarterly dividend of 70 cents a share, up by 5 cents, for an increase of nearly 8%--a sign of Costco’s durability during the pandemic.

Even during the recent Covid-related economic downturn, there has been much speculation about when Costco would issue its next special. It hadn’t done so since April 2017 when it declared one for $7 a share. It declared another one in early 2015 for $5 a share. And it issued one for $7 a share in 2012.

The company said that its latest special will be funded by existing cash.

For the most part, special dividends are rare. About 2% of the companies in the Russell 3000 Index have paid one this year.

https://www.barrons.com/articles/cos...17-51605566420

[Hog's Gone Fishin]

This stock advisor is fun to follow!

[lewdog]

It’s easy to make money when the market has run nicely since the election.

[Coach]

Originally Posted by lewdog

It’s easy to make money when the market has run nicely since the election.

That, and I think the encouraging news of potentional vaccine helps too.

[lewdog]

Originally Posted by Coach

That, and I think the encouraging news of potentional vaccine helps too.

Oh absolutely. I just meant election as a timeline (since) not just that event.

Let’s get this thread moving. I think it could be useful and I’ll continue posting things I’m reading or discussion ideas.

[Shiver Me Timbers]

Originally Posted by lewdog

Oh absolutely. I just meant election as a timeline (since) not just that event.

Let’s get this thread moving. I think it could be useful and I’ll continue posting things I’m reading or discussion ideas.

Asian friend of mine once told me "always find opportunity during erection"

[Rain Man]

RMCF was a bloodbath for me this year. It's a retailer that works mostly in tourist areas, so it got hit from multiple directions. I was pondering selling it all for a bit because I was curious if it was going to survive. But with the good vaccine news it's up about 30 percent in the last couple of weeks. I'm starting to dribble money into it in the hopes that I can make money on the way up to offset my losses. I'm a bit nervous about it, though.

[Hog's Gone Fishin]

Originally Posted by Rain Man

RMCF was a bloodbath for me this year. It's a retailer that works mostly in tourist areas, so it got hit from multiple directions. I was pondering selling it all for a bit because I was curious if it was going to survive. But with the good vaccine news it's up about 30 percent in the last couple of weeks. I'm starting to dribble money into it in the hopes that I can make money on the way up to offset my losses. I'm a bit nervous about it, though.

On a side note I saw on the National news this morning how the Cruise lines are going to try firing back up. They are using volunteer passengers to experiment with the protocols they have to make it work.

[scho63]

NTRA - Natera

Liking them long term

[ghak99]

Originally Posted by Hog's Gone Fishin

On a side note I saw on the National news this morning how the Cruise lines are going to try firing back up. They are using volunteer passengers to experiment with the protocols they have to make it work.

Just imagine being trapped on a boat with a bunch of people who would volunteer for this.

[Hog's Gone Fishin]

Originally Posted by Hog's Gone Fishin

Done. thanks. Looks like it closed at 11.18 on 09/28/ That gives it 12.70% for the time frame

The list now consists of:
SOLO 171%
NIO 140%
XPEV 120%
LI 94%
BYDDF 72% Berkshire Hathway has a big stake in this one
FSR 22%
DRIV 21%
Kars 21%
GP 12%
TSLA -3.25%
WKHS -29%
HYLN -51%

Added SOLO to this EV watch list . It's up 171% since 9/28

I'd kind of like to have one of their cars just to run errands around town but I just imagine getting smashed between two semi's . No thanx!

[Hammock Parties]

Originally Posted by Hammock Parties

I'm thinking IDEX might be the next play.

What say you, gents?

Hope you losers didn't sell.

I didn't, and the payoff is going to be epic.

[Hammock Parties]

Originally Posted by Discuss Thrower

Just dawned on me that I'll never see the Dow cross 30,000.

Oh man. LOOK AT THIS BITCH!