Still my largest holding and a great opportunity. Once again, I added more to my position today in Community Bancorp (CMTV) at $16.10. Why Community Bancorp? The stock has fluctuated a lot most likely due to overall market pressures and due to trading over the counter. However, the company is very stable, growing and is located […]
I initiated a new position last week in Amazon.com, Inc. (AMZN) at $1,657.24. It is our 8th largest position at this time. Reason for current opportunity The share price for Amazon has been under pressure because of a variety of threats: Inability to make significant profits from the amazon.com retail business. Political/social pressure from their growing size […]
Banking stocks are down a bit today, including Merchant’s Bank (MBVT), as a result of an Massachusetts court decision against Bank of America (BAC) which voided a couple foreclosure sales the bank made, which violated Massachussetts law.
The Federal Reserve on Tuesday cut its target for overnight interest rates to zero to 0.25 percent, bringing it closer to unconventional action to lift the economy out of a year-long recession.
This morning Google is up on an analyst updating their target price to $700/share from $600/share. The analyst also highlighted Google’s future business potential.
Over the last week the stock market had quite a pull back followed by a small rise at the end of the week.
Goldman Sachs has created their own private trading system called Goldman Sachs Tradable Unregistered Equity system or GSTRuE to compete with the pubic trading system.
With the Dow, Nasdaq and S&P 500 all hitting new highs on a regular basis, I’m starting to get more defensive in my investing.
When investing, you sometimes need patience. Especially when you invest in companies that are out of favor with wall street. However, it’s usually when wall street hates a stock, that it gets cheap.