Saturday, April 30, 2011

Stock Pick Update

Looks like my best pick so far was McDonalds (MCD), way up since I posted about it. Wendys (WEN) has been in a tight up and down trading range. Not too sure about Barnes & Noble (BKS), so far things aren't panning out. Loved them when they paid the huge dividend but now just speculating on a take over possibility. My General Electric (GE) pick was spot on. Started buying at $7.50 a share, my average cost basis is $13.50 and it's currently at $20.45 a share. Also have been collecting the dividend which has been recently raised. Almost forgot MCD has raising their dividend 3 times since I have owned them! Remember solid dividend paying blue chip stocks are the way to go for longterm investing. Happy Investing. Tony

Wednesday, April 20, 2011

Barnes & Noble Update

Something is going on with B&N(BKS) stock, it's up 20% in the last 2 days. Options action in the stock is way up too. Think that buyout they were talking about a few months ago may go through. I am buying more shares now and think everyone should, IMHO. Happy Investing. Tony