Stock Advice Thread

[megablue]

The MVP is scheduled to be fully-completed and operating around June 1st.
ETRN may continue to slowly run and may pop a little higher after the news release.
After that, a sell-off may happen. It will be interesting to see what transpires, in light of the pending EQT acquisition of ETRN, especially if NatGas trends higher.

 

[megablue]

https://www.wsj.com/livecoverage/stock-market-today-dow-jones-earnings-05-23-2024/card/why-is-nvidia-splitting-its-stock-and-what-will-the-10-for-1-split-mean--eWfPUbLYiRzTtr7XWoiB

 

[megablue]

The MVP is scheduled to be fully-completed and operating around June 1st.
ETRN may continue to slowly run and may pop a little higher after the news release.
After that, a sell-off may happen. It will be interesting to see what transpires, in light of the pending EQT acquisition of ETRN, especially if NatGas trends higher.

Reminder to anyone interested: ETRN "should" soon be releasing news that the Mountain Valley Pipeline is complete and fully-commissioned. I suspect there might be a little bump in the price, if not baked in, but remember there is an offer by EQT to purchase ETRN, so I do not expect the price to run significantly. I am hoping for a $15-handle, but we'll see what happens ...
DUE DILIGENCE is advised, as always. GLTA !!

NOTE: The conversion rate on the EQT deal is .3504 shares of EQT for every share of ETRN common.

 

[JHB4UK]

I guess Keith Gill made his money & got out.

Uh, seen his positions he posted last night!?!

All In, $180M. Stock & calls. Might be a billionaire by Fri. From $30k starting the GME stuff 4 yrs ago.

 

[vhcat70]

Uh, seen his positions he posted last night!?!

All In, $180M. Stock & calls. Might be a billionaire by Fri. From $30k starting the GME stuff 4 yrs ago.

Down since opening.

 

[JHB4UK]

Roaring Kitty ended today up $70m. Could have sold this morn for $436m. Guess hes gonna ride GME to earnings.

 

[megablue]

Anybody buying NVDA before the 10-for-1 split ??

 

[TXCatFBFan]

Anybody buying NVDA before the 10-for-1 split ??

I expect a brief 10 to 15% pull back post split.

 

[megablue]

I expect a brief 10 to 15% pull back post split.

Do you see it being available rather soon at less than $100, maybe even less than $90 ??

 

[Cold Stout Beer]

So is it possible that big money saw that Kitty idiot show his account value all in Gamestop Thusday and then crushed it the next day to try to flush him out?

 

[TXCatFBFan]

Do you see it being available rather soon at less than $100, maybe even less than $90 ??

Probably not that low. I could see a pull back to the low 100s, but I could very well be wrong as well. I’m actually in an inverse ETF for Nvidia as of last Thursday with a fairly tight stop.

 

[megablue]

MVP operators have sent request to FERC for opening the pipeline, FINALLY !!!
Google MOUNTAIN VALLEY PIPELINE NEWS for links, reports, blogs, etc …

ETRN may jump a little this week.
Due diligence advised, as always !!

Mountain Valley Pipeline, after years of development, says gas is ready to flow this week - WV MetroNews

The project was first proposed in 2014, and the original in-service target date was 2018.

wvmetronews.com

Morgan Stanley Adjusts Price Target on Equitrans Midstream to $17 From $13, Maintains Overweight Rating

Morgan Stanley Adjusts Price Target on Equitrans Midstream to $17 From $13, Maintains Overweight Rating

finance.yahoo.com

 

[megablue]

Congratulations to holders of ETRN !!
It’s been a long time coming.

Mountain Valley Pipeline is approved to begin running gas

The Federal Energy Regulatory Commission approved authorization to the Mountain Valley Pipeline to begin running gas through its 303 mile pipeline. MVP says it’s completed all safety checks, and the Pipeline and Hazardous Materials Administration gave their approval that the MVP has completed...

www.wvtf.org

 

[Cold Stout Beer]

Some really good dividend stocks have been on sale for quite some time and I have kept compounding shares/income.

Yield is everywhere when interest rates are high so the high yielding dividend stocks fall out of favor.......perfect time to buy as they'll go up when rates go down and people are searching for Yield.

Buy dividend stock low and hold long time. Boring but savvy as you get a fat, locked in Yield and price appreciation on top of that eventually.

 

[gobigblue812]

Some really good dividend stocks have been on sale for quite some time and I have kept compounding shares/income.

Yield is everywhere when interest rates are high so the high yielding dividend stocks fall out of favor.......perfect time to buy as they'll go up when rates go down and people are searching for Yield.

Buy dividend stock low and hold long time. Boring but savvy as you get a fat, locked in Yield and price appreciation on top of that eventually.

Any suggestions?
I own some UWMC, ABBV, ORI, PSEC and DX

 

[Cold Stout Beer]

Any suggestions?
I own some UWMC, ABBV, ORI, PSEC and DX

BTI but people hate smoking so I get if they won’t invest.

EPD and ENB but some don’t like the tax forms they have to fill out.

VZ if you bought it in the 30’s.

I bought several others such as “O” low but wouldn’t buy them now as they are too high.

 

[hmt5000]

Any suggestions?
I own some UWMC, ABBV, ORI, PSEC and DX

I bought a Gold fund that pays a dividend. It's a good hedge and get 3ish% interest.

 

[megablue]

 

[AustinTXCat]

Any suggestions?
I own some UWMC, ABBV, ORI, PSEC and DX

I've been in both ABBV and ORI for years now. Absolutely no regrets. Life is good when ORI pays special dividends.

 

[Cold Stout Beer]

Ouch, lol.

They Broke Up In 1989, But Now His Ex-Girlfriend Is Inheriting His $1 Million Retirement Account After Nearly 40 Years

https://finance.yahoo.com/news/broke-1989-now-ex-girlfriend-133011668.html

 

[gobigblue812]

UWMC has made a nice run recently. It should continue if rates are cut.

 

[hmt5000]

Disney beats on earnings, boosts dividend as streaming losses narrow

Disney reported earnings after the bell on Wednesday. Here's what to know.

finance.yahoo.com

Disney down to $95.64. Who had $98 shorts on Disney? It was $116 when Iger won the vote to keep CEO post at Disney.

 

[BlueThruAndThru]

Long set mentality...

It's always when you get in and how long you're willing to wait.

 

[BlueRaider22]

I keep waiting for Toyota to drop given all the problems they've had recently. I'd like to capitalize on a publicity depression.

 

[AustinTXCat]

Long set mentality...

It's always when you get in and how long you're willing to wait.

^ This.

Owned LMT since 1997 as part of Comsat acquisition. Thanks Frank Carlucci (RIP) and Melvin Laird (RIP).
Owned PFE and WEN since 1993.

Plan on using all three for dividend income beginning April 2026 if I live long enough.

 

[Cold Stout Beer]

Long set mentality...

It's always when you get in and how long you're willing to wait.

Yep. It's not timing the market, it's time in the market. Buy good stocks low that pay a growing dividend and sit tight.

 

[rbs]

... just started accessing a portion of my dividend income for the first time in 45+ years ... looking forward to seeing how this plays out with taxes, etc.

 

[gobigblue812]

UPS took a beating today. I grabbed 50 shares @ $128.

 

[AustinTXCat]

T up > 5% on earnings beat.

At least I'm finally up over 3% total return after holding the issue for several years.

 

[BlueThruAndThru]

Picked up a little more V.

I'm getting old.

 

[Cold Stout Beer]

BTI but people hate smoking so I get if they won’t invest.

EPD and ENB but some don’t like the tax forms they have to fill out.

VZ if you bought it in the 30’s.

I bought several others such as “O” low but wouldn’t buy them now as they are too high.

BTI up 12% since this recommendation in June and plus you would have locked in a nearly 10% dividend. Boo ya.

 

[AustinTXCat]

I've been in both ABBV and ORI for years now. Absolutely no regrets. Life is good when ORI pays special dividends.

Just in:

ORI: Old Republic Non-GAAP EPS of $0.76 beats by $0.12, revenue of $2.01B beats by $90M

ABBV: AbbVie Non-GAAP EPS of $2.65 misses by $0.01, revenue of $14.46B beats by $430M

 

[gobigblue812]

Just in:

ORI: Old Republic Non-GAAP EPS of $0.76 beats by $0.12, revenue of $2.01B beats by $90M

ABBV: AbbVie Non-GAAP EPS of $2.65 misses by $0.01, revenue of $14.46B beats by $430M

ABBV is killing it. ORI is rolling too.
Maybe a special divi is coming from ORI???

Unfortunately, I've only got 100 shares of ABBV and 56 shares of ORI. 😔

 

[AustinTXCat]

ABBV is killing it. ORI is rolling too.
Maybe a special divi is coming from ORI???

Unfortunately, I've only got 100 shares of ABBV and 56 shares of ORI. 😔

Opposite for me. Got just 34.602 shares ABBV, but 324 ORI. Back in 2018, I owned something like 102 shares ABBV when it traded on a dip at $67. Dumbass me sold at $82 from brokerage account. The ABBV shares now held are in a DRiP account.

 

[gobigblue812]

ABBV is absolutely in beast mode. Up 8% in the last 5 days. $186.38

 

[AustinTXCat]

Decent win today.

PFE beat on earnings. I've been in the issue (UPJ -> Pharmacia/Monsanto -> PFE) over 31 years.

 

[gobigblue812]

Decent win today.

PFE beat on earnings. I've been in the issue (UPJ -> Pharmacia/Monsanto -> PFE) over 31 years.

I was in a bit ago but sold unfortunately after a small profit. 😔

 

[Cold Stout Beer]

FED decision is in:

NO Rate change. September should be 1st cut.

 

[BlueRaider22]

Sniff, sniff........I smell fear mixed with opportunity. Down ~10% within the last month. Anyone have any reasons why I shouldn't slowly cost average jump on Toyota?

Toyota profits jump, but shares dive amid misconduct probe

STORY: Toyota said Thursday that its profits jumped 17% over the first quarter. It was boosted by efforts to reduce costs, and booming demand for hybrid vehicles - a technology pioneered by the Japanese giant. A weak yen also helped, boosting the value of its overseas earnings. All that took...

finance.yahoo.com

 

[BlueRaider22]

Toyota (TM) dropped again today. Now down almost 16% in the last month.