Market advice

[bounceback]

did you buy VDE?...hope so, broke through resistance at $90....


i know nothing of the fundamentals of GPS, or its sector. I'll give my 2-cents on its chart.


2 yr chart

safe to say you're bottom feeding. For two years this stock has been trending down. Ask yourself this; why are you buying a stock that's trending down? Are you 'hoping' to catch the bottom? This stock has gapped down aggressively twice the last yrs; Oct 2014 and April 2016. Disturbing.



the 6 month chart;

IF she can break through this trading channel to the upside, LOADS of room to run; a big gap to fill (i'd sell just before the gap is filled, but that's me..). When to enter? - preferably on a green day, higher volume and breaks through $24.5; WAIT until she breaks through $24.5-$25. Again, ideally on higher vol, green day .

where's support? $22.50. If you do buy, ya gotta put a stop loss just below this level, say at $21.75-$22. GOTTA PROTECT. You want a minimal loss.....all it takes is ONE massive loser, and well...for most, that short term trade then turns into long term hold.........

gl

you seem like you know your shit on stocks...Can I ask what % you avg on your total investments? Just curious....if it is worth the time....

 

[dirtymoose]

I did buy some VDE, bought a bunch at 92 ish, abd two more smaller buys at 94 and 96.

Good stuff with the GPS stock. All good questions to ask b4 making a purchase

 

[dirtymoose]

Soooooo, Dividends. I reinvest them, but I don't know exactly why we get them or how it's calculated. Anyone wanna shed some light?

 

[CHOPTALK]

Soooooo, Dividends. I reinvest them, but I don't know exactly why we get them or how it's calculated. Anyone wanna shed some light?

As a stock owner that makes you a partial owner of the company. Dividends are just a way to share in the profits.

This is voted on most of the time.

A lot of your growth companies will not pay out a dividend because they will use that money to invest more into the company to help the company grow.

But once I company gets out of growth phase they will start paying a dividend .

There is no set amount and there is no calculation.

Its something voted on.

 

[dirtymoose]

I like that....
So it's got nothing directly to do with thehow the stock preforms?

And is is quarterly?

 

[PatsFan1283]

I like that....
So it's got nothing directly to do with thehow the stock preforms?

And is is quarterly?

Over the long-term the only way the dividend is going to keep going up is if the company keeps making more money.

Your broker will probably allow for automatic reinvestment of dividends, so you should look into doing that if you don't need the money.

 

[dirtymoose]

I'm doing exactly that.