RLH....a capitalist post
Hey All,
So I promised bits and baubs here and there about cooking and stocks and general whatever. I haven't cooked anything of merit lately, but did sell off my stake in RLH - Red Lion Hotels.
So here was my logic on that one. I had hit that magic point where I had gained 100% at $6.40. Prior to the market getting hot in 2005, it was averaging $6-7, and is considered a growth stock (i.e. no dividends). So it seemed like the right thing to do.
I guess I though this one would be a much longer post, on and on, but not really. I'm carefully watching LUV - Southwest Airlines right now. I'm above the magical 100% gain point, but I think I can squeeze out a few more dollars. It does pay dividends, but I can do better in a money market account....
Also, I'm keeping an eye on EWP - A spain based ETF and NBG-A - National Bank of Greece ADR Series A. Not because they are necissarily bad, or returns are poor, I'm just a bit leery of what's going on in the world's financial theatre at the moment. In all reality, both of them were bought cheap and are paying great dividends, but I'd rather keep my birds in the hand.
So now that I've blogged this out, I'm having a creative whim to attempt a liquid lip balm in a roller tube. A bit of grapeseed, hemp, and soy oils preserved with Vit E and flavored with mandarin..... I'll have to be sure and let you all know how that turns out.
Lotsa Love,
Jacob
So I promised bits and baubs here and there about cooking and stocks and general whatever. I haven't cooked anything of merit lately, but did sell off my stake in RLH - Red Lion Hotels.
So here was my logic on that one. I had hit that magic point where I had gained 100% at $6.40. Prior to the market getting hot in 2005, it was averaging $6-7, and is considered a growth stock (i.e. no dividends). So it seemed like the right thing to do.
I guess I though this one would be a much longer post, on and on, but not really. I'm carefully watching LUV - Southwest Airlines right now. I'm above the magical 100% gain point, but I think I can squeeze out a few more dollars. It does pay dividends, but I can do better in a money market account....
Also, I'm keeping an eye on EWP - A spain based ETF and NBG-A - National Bank of Greece ADR Series A. Not because they are necissarily bad, or returns are poor, I'm just a bit leery of what's going on in the world's financial theatre at the moment. In all reality, both of them were bought cheap and are paying great dividends, but I'd rather keep my birds in the hand.
So now that I've blogged this out, I'm having a creative whim to attempt a liquid lip balm in a roller tube. A bit of grapeseed, hemp, and soy oils preserved with Vit E and flavored with mandarin..... I'll have to be sure and let you all know how that turns out.
Lotsa Love,
Jacob