Archive for November, 2009

Advance America, Cash Advance Centers Inc. (AEA)

Sunday, November 29th, 2009
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I was watching yesterday FRONTLINE | The Card Game, which got me to thinking about cash advance stocks. AEA came up first on a Google search. Way to pricey today, but definitely on my radar now. askStockGuru has the conservative at 4.94 today.

Pegasystems Inc. (NasdaqGS: PEGA)

Wednesday, November 25th, 2009
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Pegasystems announce an increase in their stock buy back program recently(Pegasystems Expands Current Share Repurchase Program). They have also been trying to recruit me, so two strong indicators that they expect sustained growth. I’ll bite a little bit at $28 per share.

TUTOR PERINI CP (NYSE: TPC)

Wednesday, November 25th, 2009
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TPC caught my eye through my stock repurchase news alert (Tutor Perini Corporation Announces Extension of its $100 Million Share Repurchase Program).

If they drop lower, I might just give it a try.

Offsetting Capital Gains with Capital Losses

Wednesday, November 25th, 2009
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I would not suggest selling a good stock to offset a gain. I hang on to my colossal losers to offset future gains, though. It is important to keep in mind the difference between short term tax rates and long term rates. A good over-all reference article for this can be found at:

Invest FAQ: Tax Code: Capital Gains Tax Rates

Getting That Y2K Feeling Again

Tuesday, November 24th, 2009
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While the anticipated disasters expected in 2000 did not occur, the burst of the tech bubble did occur that year (not much of a coincidence if you look at the roots of the IT industry).  Seeing this headline

Twitter could go for IPO, says Stone

in my in box today gave me the same sinking feeling my Macromedia stock did in 2000, only this time I can see it coming.

Bob Evans Farms Inc. (BOBE)

Saturday, November 21st, 2009
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Bob Evans would be my favorite chain for breakfast if they would just reduce the amount of salt they use in their gravy.

Otherwise,  seems like their store closures are bringing back the fat with a stock repurchase program and an increased dividend. I like it at $25 for a long.

Giving Thanks to WWE

Thursday, November 19th, 2009
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I bought WWE after the CEO interviewed with Jim Cramer on Mad Money.  Great stock, great dividend. It increases in leaps, usually followed by a pull back. Today I called the leap. In fact, they jumped right over my limit at 16.30 and it went through at 16.40. Now I will wait for the pull back to buy back in.

The Home Depot, Inc. (HD)

Thursday, November 19th, 2009
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I shop at Lowe’s because I like the way they keep the store uncluttered and well-lit.  But for investing, HD is easier to follow. They are up now, so I will hold off until they drop to around $23.11 (the conservative number today at StockGuru.com). Setting a watch at $25 and 15% to re-evaluate when it gets close.

Gymboree Corp. (GYMB)

Thursday, November 19th, 2009
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Retail is getting the thumbs down this time of year. If I wasn’t so cheap I would buy GYMB now. Instead, trying for a dip to 29.97 with a watch alert at 32 and 15%.

DEO Holiday Bonus Part 2

Saturday, November 14th, 2009
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Hit my sell point on 11/2. Now let’s see what happens with my buy-back plan.