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Old 06-27-2016, 11:23 AM  
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Old 11-16-2020, 05:59 PM   #6211
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I was just about to post the Tesla news.

It's up over 13% in after hours trading at the moment.
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Old 11-16-2020, 06:00 PM   #6212
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I was just about to post the Tesla news.

It's up over 13% in after hours trading at the moment.
Lewdog must've mentioned it somewhere.
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Old 11-16-2020, 06:02 PM   #6213
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I was just about to post the Tesla news.

It's up over 13% in after hours trading at the moment.
WHOLLY SHIRT!, You're wright!

It closed at 408 and it's now at 462. Oh hell yeah. I see a bigger boat on my horizon.
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Old 11-16-2020, 06:04 PM   #6214
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by Rain Man View Post
Lewdog must've mentioned it somewhere.
I think he made a phone call and got it done.
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Old 11-16-2020, 06:08 PM   #6215
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Quote:
Originally Posted by Hog's Gone Fishin View Post
WHOLLY SHIRT!, You're wright!

It closed at 408 and it's now at 462. Oh hell yeah. I see a bigger boat on my horizon.
Yep - Now the index funds are going to be forced into purchasing a representative share of Tesla. This alone will drive the stock up for a while. I bought in early this year around $900 ($180 post split) hoping for this very thing. Just wishing I’d bought more. Oh well.
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Old 11-16-2020, 06:15 PM   #6216
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I wonder what the price action will be like between now and 12/21 ?
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Old 11-16-2020, 09:15 PM   #6217
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Originally Posted by Hog's Gone Fishin View Post
I wonder what the price action will be like between now and 12/21 ?
Generally unpredictable, I predict.
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Old 11-16-2020, 09:26 PM   #6218
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Costco Wholesale has declared a special dividend of $10 a share.

The dividend, which will cost the retailer (ticker: COST) about $4.4 billion, will be paid to shareholders of record as of the close of business on Dec. 2. The company announced the move after the closing bell on Monday.

“This special dividend, our fourth in eight years, is our latest step to reward shareholders,” CFO Richard Galanti said Monday. “Our strong balance sheet allows us to pay this dividend, while preserving financial and operational flexibility to continue to grow our business globally.”

The stock sports a small yield of about 0.7%, compared with about 1.6% for the S&P 500. In April, the company declared a quarterly dividend of 70 cents a share, up by 5 cents, for an increase of nearly 8%--a sign of Costco’s durability during the pandemic.

Even during the recent Covid-related economic downturn, there has been much speculation about when Costco would issue its next special. It hadn’t done so since April 2017 when it declared one for $7 a share. It declared another one in early 2015 for $5 a share. And it issued one for $7 a share in 2012.

The company said that its latest special will be funded by existing cash.

For the most part, special dividends are rare. About 2% of the companies in the Russell 3000 Index have paid one this year.
https://www.barrons.com/articles/cos...17-51605566420
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Old 11-17-2020, 06:06 PM   #6219
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Old 11-17-2020, 06:27 PM   #6220
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It’s easy to make money when the market has run nicely since the election.
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Old 11-17-2020, 06:44 PM   #6221
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It’s easy to make money when the market has run nicely since the election.
That, and I think the encouraging news of potentional vaccine helps too.
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Old 11-17-2020, 08:22 PM   #6222
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That, and I think the encouraging news of potentional vaccine helps too.
Oh absolutely. I just meant election as a timeline (since) not just that event.

Let’s get this thread moving. I think it could be useful and I’ll continue posting things I’m reading or discussion ideas.
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Old 11-17-2020, 08:39 PM   #6223
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Oh absolutely. I just meant election as a timeline (since) not just that event.

Let’s get this thread moving. I think it could be useful and I’ll continue posting things I’m reading or discussion ideas.
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Old 11-18-2020, 11:32 AM   #6224
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RMCF was a bloodbath for me this year. It's a retailer that works mostly in tourist areas, so it got hit from multiple directions. I was pondering selling it all for a bit because I was curious if it was going to survive. But with the good vaccine news it's up about 30 percent in the last couple of weeks. I'm starting to dribble money into it in the hopes that I can make money on the way up to offset my losses. I'm a bit nervous about it, though.
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Old 11-18-2020, 11:43 AM   #6225
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RMCF was a bloodbath for me this year. It's a retailer that works mostly in tourist areas, so it got hit from multiple directions. I was pondering selling it all for a bit because I was curious if it was going to survive. But with the good vaccine news it's up about 30 percent in the last couple of weeks. I'm starting to dribble money into it in the hopes that I can make money on the way up to offset my losses. I'm a bit nervous about it, though.
On a side note I saw on the National news this morning how the Cruise lines are going to try firing back up. They are using volunteer passengers to experiment with the protocols they have to make it work.
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