Merchant’s Bank

August 12, 2016

Merchants Bancshares Inc (MBVT) – SELL

Jeremy Ryan CBU, MBVT, Merchant's Bank, Merchants Bancshares Inc 0

I sold some shares recently to reduce my exposure to Merchants Bancshares Inc. It has been a large percentage of my overall portfolio and has become more fairly valued, making the margin of safety low.

I do however still maintain a large position in the company and feel it’s a good investment.

June 20, 2013

Stock Market Pullback is Good for the Market

Jeremy Ryan CBU, Cisco, CSCO, GE, INTC, Intel, investing, market pullback, MBVT, Merchant's Bank, Microsoft, MSFT, stocks 0

The recent stock market drops are a good thing for the overall market. I think the recovery has been too fast and based somewhat too much on the fed temporary easing… it has to end sometime.

It’s about time for the markets to show strength on their own merits.

Some smaller pullbacks now are better than another much larger crash later in the year. Consider the pullbacks now as a good opportunity to sell some positions where the current price is high compare to the value of the business and make some buys of stocks that are selling at a discount.

There’s usually always some good deals in the market and they often become better deals when the overall market is going down hard. Make of list of companies that look attractive and judge them based on their current and future business prospects compared to the current price.

I’ve already started too and plan to buy more if prices continue to go down more.

If you’re still nervous, consider investing in solid companies with reliable dividends. For example, I like Merchant’s Bank (MBVT) with an over 4% dividend. They are rock solid and have consistently paid a dividend for years. Worst case scenario the stock plummets and I still get my 4% on my original investment and plus I get to buy more for a larger dividend.

Other stocks with decent dividends are Intel (INTC), Cisco (CSCO), Microsoft (MSFT) and GE (GE). All of which I have current long positions in.

March 15, 2013

Merchants Bancshares Inc (MBVT) – Sell

Jeremy Ryan CBU, MBVT, Merchant's Bank, Merchants Bancshares Inc 0

Merchant’s Bank (MBVT) has done very well over the last 3 months. I believe it’s time to take some profits. I sold a sizeable portion of my position in Merchant’s today, most of which I purchased back in early 2011, making a gain of about 65%, not counting dividend revenue which has been around 4% up until recently.

I sold about 1/3 of our position in Merchant’s but would be willing to buy it back at a lower price, which will most likely happen in the near term. I would look for a target price of $28 or less.

My feeling on Merchant’s are still quite positive, but I just believe the price is getting a little high and I believe that it will be lower soon. Even though I sold half of my position, Merchant’s is still my largest position in our portfolio.

January 13, 2012

Merchants Bancshares Inc (MBVT) – Sell

Jeremy Ryan CBU, MBVT, Merchant's Bank, Merchants Bancshares Inc 0

Merchant’s Bank (MBVT) has recovered from a recent sell off.

Since I bought the additional shares with the whole intention of selling once the share price recovered I sold some of those shares today for a quick 4.49% gain and will most likely buy again if the the price drops significantly again.

Again, I am still keeping the bulk of my position, which is still my largest position.

February 23, 2011

Merchants Bancshares Inc (MBVT) – Buy

Jeremy Ryan CBU, MBVT, Merchant's Bank, Merchants Bancshares Inc 0

I added more to my position in Merchant’s Bank (MBVT) today at $26/share.

Took advantage of the overall market selloff in equities.

Dividend yield on Merchant’s at this price is now 4.30%.

My opinions on this company have not changed.

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