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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (41098)1/19/2011 2:53:11 AM
From: Paul Senior  Read Replies (4) | Respond to of 78666
 
Madharry, some comments:

Every time I look at NLY I decide I haven't a clue as to the safety of the thing. The distribution yield sure attracts everybody though. I'll pass on it again.

One that I bought and have tucked away and that I do like is IBM. In since '96 with maybe a partial sale and a couple of small adds back, I'm expecting I'll continue to hold on.

Since the time I've held Bristol Myers in this last go'round (buying 5/'09) I haven't spent the time to try to understand the company's prospects, and I don't much know what I have with this company. I've just let the stock languish in my account only to collect the dividend. Guessing that if haven't taken an interest in studying this stock by now, I might be able to do better elsewhere with something else, so I sold my few shares today.

I'm taking a chance by reducing some positions in yield stocks and placing more money on volatile oil stocks. So I've cut back my position in reit Medical Properties Trust [t]MPW[/t] a little today and previously in some utilities, and I am increasing my positions and weightings in oil stocks. AZZ/AZZEF.pk and REL.V/RELZF.pk. are two. (REL.v being a penny stock I like for reasons given in prior post -- a perhaps somewhat undiscovered stock that's in Bakken --Montana Bakken plus SE Saskatchewan Williston Bakken -- and to a lesser extent also in central Alberta).