Friday, October 15, 2010

Weyerhaeuser Company, A BUY?...


  Last year, we finally had enough profits to break out of our Comfort Level and purchase stocks over $20 per share.  One of the first Heavy Buys was The Weyerhaeuser Company (WY).  We went IN @ 36.21 on anticipation of surely rising housing construction and, as a Holding Stock, more future diversification into Real Estate Sales.  In May, we got on a bender to Dump "Non-Performing/Stagnant" Stocks to raise Buy Cash.  WY was on the guillotine and was sold on the 19th for 43.87.  It had come off the High of 53.89 and SmarTrend had perdicted a Downturn, c'est la vie...
    Investment Life went on, as we took the company off the Port Watchlists and relegated it to Prospectives.  The next Blip came on July 20th when the shares dropped from 41.83 the previous day to 15 + change.  This major correction was due to the fall in demand of packing boxes (??) and bad housing reports.

NOW...
     We just went IN @ 15.445, purchasing the exact amount of shares we did in October of last year.   Same strategy will apply and we'll toast the move, tonight; not only for going back in, but for the bullet we dodged earlier this year (we already raised a glass to that).

This, Boys and Girls
is how The Game is Played...
(Now, if only we could only get EVEN on ZOMA!!!..)

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