Could do better, but this is why I matter...

The purchase of 803 shares of TLB on July 09

@ 3.74

Taking profit on Sept 11

@ 8.56

(Pigs starve.)

WATCHLIST Picks ("!": pay attention, they'll be in your ports one day)

Standards:  DDS  FRTP  FWLT!  DAR!  CBL (after correction)  CSCO  BXG  LVS  MGM  WFC! WY ODP  SMRT!   T (for reup)   X  PAG!  CAKE    

"Cowboy's" Like:  TGIC

For "Vanity" and "Park":   RUTH   MRT     

Petrol Trades.

I missed the news on Chevron this morning and I still don't know what was so great that it would cause two freinds to call me re: it.  However, this coincides with discussions my Investment Clique had this week.

A broker I deal with called on Thursday to suggest Exxon for a portfolio I manage. I have no stake in petrol co.s; too volatile and not enough growth this year. Presently, I thought this would be an interesting diversification move and I did some R&D. So here's the scoop on petroleum stocks from an overview perspective:
CHEVRON was up 0.67 at Friday's close, big deal. The share price is $72.64! and the dividend is 3.74%. This criteria doesn't quite reach the Buy Threshold held in Douglas' mantra, "Buy Allot--Cheap--w/ Growth Potential" (and a Good Dividend. if possible).
EXXON was up 0.15 at the close. The share price is $69.99 w/ a div of 2.40%. This stock is completely OUT for my purposes. My clients invest $5-10K at a time and the growth would need to be so phenomenal for them to realize money on the trade that it nearly impossible. And that div isn't enough to tide one over until this impossibility is realized. I can piss into the wind and accomplish the same effect as buying this stock at the levels we trade.

So far, we're not doing very well in finding the right trade in this sector, but I have a pick.

BP was down 0.01 at the close (and a further 0.04, afterhours). The share price, although higher than we're accustomed to paying, is a doable $54.75 w/ a div of 6.13%. This is one I'll be doing R&D on this week.

Week of Sept 21

The Holding and Working Portfolios I have under advisement are taking a break this week. We've taken profits over the past month and its time for some "rest". This is a nap, not bedtime! Let's see what October brings, but I think November will be a month to move on WFC. On Play Portfolios, we're going with SIRI and SMRT, both of which I won't check until January 2010. I have someone who wants a good dividend and that money is going into TOO (10.68%). Slightly volatile, I know, but I keep that one on O12C supervision. A broker I deal w/ is sticking one of his clients into T (6.22%), we're into that heavy, already.

We've done well.

I had my entry into the Market on March 30 of this year.  

RAD @ 0.35.

I rely heavily on imperical intuition for my trades 

 and haven't had (much) bad "luck" since. 

I brought my mother into the Market beginning April 16.

Now, I have freinds who entrust me with advisement on their accounts.

      Thank you to Stewart, who encouraged me to begin this blog to put my thoughts on investing into a public forum.  It also will be helpful in automatically contacting my constituency.  I'll try to inform as to what we're doing, but nothing beats the "BS" Sessions we have:

"Out of the mouths of babes and fools..."