MARKETS,Anybody even yet?

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olds442jetaway
Video Poker Master
Posts: 10901
Joined: Tue Aug 21, 2007 9:08 pm

Re: MARKETS,Anybody even yet?

Post by olds442jetaway »

CAG finished at 20.40. Dare I buy a bit more next week. They are modernizing their frozen food industry. They recently just sold their Chef Boyardee brand to another company. I know their costs have been increasing and demand has been so so I think I will do a wait-and-see next week. Evidently, so far they are maintaining the dividend, which is a really good rate. Price targets I have looked at have it at 24 bucks and change but of course those are just guesses by whoever.

olds442jetaway
Video Poker Master
Posts: 10901
Joined: Tue Aug 21, 2007 9:08 pm

Post by olds442jetaway »

FAA you should get in the game in your VP off time. Just open a free account and use the funds from one VP session to get started. Like Dinghy, just buy a share at a time if you want to. There is no charge to do things that way either and it is easier to keep your basis lower sometimes. Anyway, good luck if you do jump in.

dinghy
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Joined: Mon Apr 29, 2019 8:24 am

Post by dinghy »

olds442jetaway wrote:
Sat Jun 28, 2025 12:55 pm
CAG finished at 20.40. Dare I buy a bit more next week.
That depends on position sizing. I like to buy only a few hundred dollars at a time, then add on weakness. But there's nothing wrong with taking a home-run swing and sitting with the position.
Price targets I have looked at have it at 24 bucks and change but of course those are just guesses by whoever.
I'm happy to be corrected on this, but I view Wall Street analysts as salespeople. Possibly a few of them individually are worth mimicking, although I'm not aware of any. Analysts may be helpful with research, but I ignore their price targets.
olds442jetaway wrote:
Sat Jun 28, 2025 1:00 pm
FAA you should get in the game in your VP off time.
Trading can be rewarding, but it's not for everyone. People often fail at assessing their own aptitude. In my case, I know I could improve by working harder and analyzing more completely, but I believe my current level of effort yields me an edge.

Beyond that, people are often undone by their emotions. I belong to a private group with many high-wealth people including industry insiders. People love to sell at the bottom. The stock may be down 40%, and they'll say I know it's cheap, but it could go down another 20% -- so I'll sell now and then buy back in at the bottom. You can guess how that goes.

olds442jetaway
Video Poker Master
Posts: 10901
Joined: Tue Aug 21, 2007 9:08 pm

Post by olds442jetaway »

Yep! There is a reason I call them ANYL ists.

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