Merchants Bancshares Inc (MBVT) – Buy
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. Related posts: Merchants Bancshares Inc (MBVT) – Buy Merchants Bancshares Inc (MBVT) – Buy Merchants […]
Merchants Bancshares Inc (MBVT) – Buy
We added more to our position in Merchant’s Bank (MBVT) today as the price dipped below our buy price of $26.85. Merchant’s Bank is our largest holding by far as we find the price attractive, especially at $26.85/share, which put the PE around 10 and the dividend yield at 4.17%. As stated in the past, […]
Cisco Systems Inc (CSCO) – Buy
We bought more shares in Cisco (CSCO) today at 19.429/share. The Bad News The selling today is an overreaction to the some negative news reported yesterday regarding their recent earnings report. They had a smaller gross margins (.90% less than expected) and the CEO’s outlook was more negative than expected. Â Chambers sited concerns in weaker […]
Nathan’s Famous Inc (NATH) – Sell
Sold a portion of our position in Nathan’s (NATH) today. The stock is trading at the higher end of the trading range and I believe that I can get these shares back later at a better price.  The PE is a little high right now at 26.58. Would prefer to buy back the shares I […]
eBay Inc (EBAY) – Sell
Sold a portion of our eBay (EBAY) position today. While I feel that eBay is still a very strong business with good potential going forward I think that the current price to earnings to growth is getting high at this point (PEG 1.6). However, I don’t feel it’s high enough to sell my whole position, […]
Merchants Bancshares Inc (MBVT) – Sell
As I predicted the price of Merchant’s Bank (MBVT) has recovered from the unreasonable drop last week. Since I bought the additional shares last week with the whole intention of selling once the share price recovered to sold those shares today for a quick 7.49% gain. Again, I am still keeping the bulk of my […]
Merchants Bancshares Inc (MBVT) – Buy
Banking stocks are down a bit today, including Merchant’s Bank (MBVT), as a result of a Massachusetts court decision against Bank of America (BAC) which voided a couple foreclosure sales the bank made, which violated Massachussetts law. Banks such as Bank of America were buying and reselling packaged mortgage-backed securities, and because the mortgages got […]
Cisco Systems Inc (CSCO) – Buy
I added more to my position in Cisco (CSCO) today. My opinions on this company have not changed. Related posts: Cisco Systems Inc (CSCO) – Buy Cisco Systems Inc (CSCO) – Buy Investment Strategy for Stocks General Electric Co (GE) – Buy
SPDR S&P 500 (SPY) – SELL
Sold some shares in SPDR S&P 500 (SPY) today to free up funds for other better opportunities. Related posts: SPDR S&P 500 (SPY) – Buy! SPDR S&P 500 (SPY) – Buy! Burger King (BKC) – SELL Nathan’s Famous Inc (NATH) – Sell
Cisco Systems Inc (CSCO) – Buy
Cisco (CSCO) dominates the enterprise routing and switching market. The switching costs to other competitors is high giving them a good wide moat for their business. Long term demand oulook looks great as internet usage growth continues. Cisco has a large cash hoard and great cash flow to continue to capitalize on opportunities. The biggest […]
Burger King (BKC) – SELL
I sold my whole position in Burger King (BKC) today due to 3G Capital most likely buying all the shares and taking the company private. It wouldn’t make sense to keep the shares when they are so close to the offer price thus capping any possible future return from this point. It’s time to take […]
eBay Inc (EBAY) – Buy
Ebay (EBAY) is one of the top shopping websites and I personally use them to sell goods and services and use Paypal significantly within my business and to make personal purchases. While Ebay is a great service to the online community, which I use significantly in my own business, I feel that Paypal is their […]
