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Discussion Starter · #1 ·
Did anybody pick up some stocks today during the rally? And which ones?
I purchased yesterday some Thornburg Mortgage. Today I picked up some Citibank and some Furd. I am also eyeballing Wal-Mart.
Furd because of the trading range of 7.50 to 9.00. Wal-Mart $45-$50 and Citibank because the divvy is 4.4% almost like a CD, but with some upside potential. If they oust the CEO, I Think it will go to $55 again.
TMA was huge today because of Cramer, and the CEO Garret Thornburg bought 21,000 shares at 23.7x, it is now at $24.71. I want to make $21,000 in a few hours one day.
 

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Glad to see another Thornburg car guy. It is my most favorite in my portfolio. Look for weakness in May ---next dividend----and buy your a** off. Garrett bought 210,000 shares. Have owned for years and as low $7.60 and just keep buying when the fools sell.
 

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I picked up some Altria Group (Phillip Morris). Quarterly dividend is $0.86/share (4.00%) and they are about ready to spin-off Kraft Foods. If I read correctly, for every share of MO, you will get .7 shares of Kraft Foods.

Next on my list is Emerson Electric.

Looking for long-term stocks, as I don't do well trying to make a quick buck :( :D
 

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Discussion Starter · #5 ·
Glad to see another Thornburg car guy. It is my most favorite in my portfolio. Look for weakness in May ---next dividend----and buy your a** off. Garrett bought 210,000 shares. Have owned for years and as low $7.60 and just keep buying when the fools sell.
My only regret is that I did not buy more of it yesterday. My cost average is now about $25. I wish I knew about it at $7.60. Next time.lol i want it to dip back into $23 range to buy more. I may be at a loss right now, but with the divvy I am up. I could make money and report a loss. What a great stock!!!!!
 

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Discussion Starter · #6 ·
I picked up some Altria Group (Phillip Morris). Quarterly dividend is $0.86/share (4.00%) and they are about ready to spin-off Kraft Foods. If I read correctly, for every share of MO, you will get .7 shares of Kraft Foods.

Next on my list is Emerson Electric.

Looking for long-term stocks, as I don't do well trying to make a quick buck :( :D
The MO-wi (I think that is the new symbol) are the shares to buy. No kraft, just cigarettes. Shareholders of Kraft are being told to sell right after the spinoff. I have some MO, not my favorite, but is the stock to own during a major downturn.
 

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Discussion Starter · #7 ·
I picked up some Altria Group (Phillip Morris). Quarterly dividend is $0.86/share (4.00%) and they are about ready to spin-off Kraft Foods. If I read correctly, for every share of MO, you will get .7 shares of Kraft Foods.

Next on my list is Emerson Electric.

Looking for long-term stocks, as I don't do well trying to make a quick buck :( :D
TMA divvy 11% (No CD can touch this unless you go back to the late seventies early eighties) No subprime lender worries. the average home loan was $800,000. they just hired a new guy to help with all the loans they are originating. They even announced better than expected earnings not to long ago, and they had money left over after paying the last divvy.
 

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Discussion Starter · #8 ·
I am thinking of speculating on LEND. I am looking at price to book and price to sales. Both stats show the stock undervalued and Cramer mentioned it today on stop trading. There are no balance sheets to look at or Cash flow chart to look at. That worries me.
 

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The MO-wi (I think that is the new symbol) are the shares to buy. No kraft, just cigarettes. Shareholders of Kraft are being told to sell right after the spinoff. I have some MO, not my favorite, but is the stock to own during a major downturn.
I wanted MOwi, but I could not find it. Artria Group shows it on their website, but I can't find it as an active stock. Tried MO-WI, MO.WI, MOWI, nothing comes up. I guess it's not available to regular investors at this point?
 

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Discussion Starter · #10 ·
I wanted MOwi, but I could not find it. Artria Group shows it on their website, but I can't find it as an active stock. Tried MO-WI, MO.WI, MOWI, nothing comes up. I guess it's not available to regular investors at this point?
I checked through scottrade it came up as MO= MO= is the symbol at least for scottrade It was up today, MO was down, because of Kraft.
 

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MO has been my best investment of all time. The dividends are good. Theres a bank here in Arkansas that I expect to sell, should be good for a quick run. FFBH
 

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I checked through scottrade it came up as MO= MO= is the symbol at least for scottrade It was up today, MO was down, because of Kraft.
I trade with Scottrade as well, but couldn't find the stock ticker MO= MO= . I know don't know what the heck is going on. Oh well, I'll just hang onto MO. It's up almost a $1.00 today, so I guess that isn't too bad. TMA is up nearly $0.75. I'm out of money to invest at this point though.
 

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Discussion Starter · #15 ·
I trade with Scottrade as well, but couldn't find the stock ticker MO= MO= . I know don't know what the heck is going on. Oh well, I'll just hang onto MO. It's up almost a $1.00 today, so I guess that isn't too bad. TMA is up nearly $0.75. I'm out of money to invest at this point though.
The symbol for altria only is MOw. Uppercase MO and lowercase w. With the price diffrences between kraft and MOw. It is currently about the same as MO.
 

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There is a little talk TMA may lower dividend as soon as May. I feel it represents a buying opportunity. The sub prime scare brought them down about $2 but have made it back. All of their loans are AAA rated. I am hoping for $22.50. If they drop dividend to .50 and stock is $22.50 you are still at 8.5 to 9% with tremendous upside potential.
 

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Discussion Starter · #17 ·
I don't think they will lower the dividend. Garret spent 5 million the other day to buy it up. If they lower the divvy I think he would have waited until after.
 

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Garrett was the one that hinted at the reduction. Have owned TMA for 10 + years and have always thought he buys on opportunity in price. Evidently he feels secure @ 23 or so and it is a value there but I own 10000 shares and it is a large chunk of my portfolio so I look for a little more value. I'm a little greedy too. Even at $2 dividend on $25 it is 8%. Not as safe as a CD but Larry Goldstone runs TMA and Geo. Bush is doing you know what to the country. If you have any more gems please share. Most of mine have advanced past buying value and some I'd rather not talk about. Good Luck.
 

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I happen to like Covad Communications (DVW) as well. It's a rollercoaster type stock though. Wait for it to get around $1 or less. Buy, then, sell when it get to $2 or so. Repeat. I was expecting on the last rise to over $2 it would stay up, but nope. And I didn't sell. Oh well, I bought it at $0.83, so I'm still in the money.

I wanted Caterpillar (CAT), as I saw it was undervalued. Then, Cramer comes out the next day and says the same thing. Now, CAT keeps rising. And no money for me to buy it. bummer. My family has owned CAT since the 1920s. Cyclical, but has been a solid performer through the years.
 
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