Thursday, June 30, 2011

Stock Updates

I am very disappointed by the recent stock movement in Barnes & Noble's Stock (BKS). I am hoping it's just profit taking, at the current price it's going for less than the proposed buy out price from Liberty Media. So if you buy now you will make a profit providing the deal goes through, which to me is 90%. As for Wendys (WEN) it's pulled back also from recent highs. Looks super cheap to me again so I am buying more. My McDonalds (MCD) pick is close to a 52 week high so it's a winner. I have been recommending it since $50 a share it's now $84 plus collect your %3 dividend. That's it for today, good luck investing. Tony

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