I actually saw this one coming but was too timid to jump in, missing a nice 40%. Looking for a dip to see where it might go next, after reading a Philly.com article.
Archive for the ‘Trades’ Category
As an un-chic geek, my days of picking stock based on what I use are mostly over. But the rest of my family tends to follow the trend ahead of the market, so I’m keeping an eye on this one, even though it looks like I caught on bit late for this one. Still, I think there are some inner-year 20% swings to profit on.
I was just thinking the other day when I heard a radio commercial for Family Dollar in San Diego that they were ready for another growth spurt, then I read today that Carl Ichan is sticking is raider fingers into them. So, if the pattern holds, the resulting FUD should drive the price down, then it would pop back up to a profitable level. Let’s watch and see. Looking for a drop to $52 to pull the trigger.
Interesting speculative article on Investors Place about M&A. I can kind of see the appeal of AMCX to cable rivals. Looking for a big drop before I take that gamble, though.
I got nothing for headline quips here. An article at InvestorPlace got me thinking about it again and if falls a couple dollars more I will think about maybe buying it then.