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UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 2012
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<blockquote data-quote="Benben" data-source="post: 1093741" data-attributes="member: 25133"><p><strong>Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20</strong></p><p></p><p>I personally think the market is out in left field and is way overdue for a correction. With that being said .........my war-chest to pickup stocks at a discount to book value keeps growing.....</p><p></p><p>TWO doesn't look great because of the spin-off which took a bite out of the book value......I see what they did as a way to gain income on fore-closed properties without having to mess with the head-ache of relisting them....but this is my opinion. I still have not pulled the trigger on this stock so something in my gut tells my to wait.</p><p></p><p>I have been looking a bit closer at CYS... BoA lists this stock as a buy but have just started doing my homework on this stock...gimme a couple of days and will have decided on this one. I watch Mad Money and Fast Money every night at 10pm with my Merril Lynch account open in 1 tab and google finance in another on the computer to reference the stocks I hear talked about on the TV. </p><p></p><p>I am a simple truck driver but this is what I think is going on....sue me if you want, its just my opinion.</p><p></p><p>Corperate America has been sitting on it's insane cash reserves since the Great Recession. Now that a Demo has a guarrented another 4 years they have (think Koch Brothers) decided that the best way to use those reserves is to buy back shares. In my mind the last 2 years has been all about Divi payments so the new buzz word for 2013 is stock re-purchase. The TnT deal fell through, so UPS has decided that they will spend that $4+ Billion buying back shares this year alone. This will increase EPS nicely (which BOMBED in Q4 due to the 1 off pension correction...missed by over 5 cents/share) UNLESS officer compensation in stock options goes up....we'll see in the next Q's stats. You buy back 50 million shares but issue 50 million additional shares in officer compensation.... =a 0 sum-gain.....unless you count the $4 billion that just evaporated.....of course there is always the PR of UPS stock trading at it's decade+ highs because the $4 billion isn't used to buy the stock back at a "good price" but rather used to prop the price up, even drive the price up according to some.</p><p></p><p>Ok, bed time...biggest day of the year outside of X-Mas peak is tomorrow.</p></blockquote><p></p>
[QUOTE="Benben, post: 1093741, member: 25133"] [b]Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20[/b] I personally think the market is out in left field and is way overdue for a correction. With that being said .........my war-chest to pickup stocks at a discount to book value keeps growing..... TWO doesn't look great because of the spin-off which took a bite out of the book value......I see what they did as a way to gain income on fore-closed properties without having to mess with the head-ache of relisting them....but this is my opinion. I still have not pulled the trigger on this stock so something in my gut tells my to wait. I have been looking a bit closer at CYS... BoA lists this stock as a buy but have just started doing my homework on this stock...gimme a couple of days and will have decided on this one. I watch Mad Money and Fast Money every night at 10pm with my Merril Lynch account open in 1 tab and google finance in another on the computer to reference the stocks I hear talked about on the TV. I am a simple truck driver but this is what I think is going on....sue me if you want, its just my opinion. Corperate America has been sitting on it's insane cash reserves since the Great Recession. Now that a Demo has a guarrented another 4 years they have (think Koch Brothers) decided that the best way to use those reserves is to buy back shares. In my mind the last 2 years has been all about Divi payments so the new buzz word for 2013 is stock re-purchase. The TnT deal fell through, so UPS has decided that they will spend that $4+ Billion buying back shares this year alone. This will increase EPS nicely (which BOMBED in Q4 due to the 1 off pension correction...missed by over 5 cents/share) UNLESS officer compensation in stock options goes up....we'll see in the next Q's stats. You buy back 50 million shares but issue 50 million additional shares in officer compensation.... =a 0 sum-gain.....unless you count the $4 billion that just evaporated.....of course there is always the PR of UPS stock trading at it's decade+ highs because the $4 billion isn't used to buy the stock back at a "good price" but rather used to prop the price up, even drive the price up according to some. Ok, bed time...biggest day of the year outside of X-Mas peak is tomorrow. [/QUOTE]
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