Thursday, March 05, 2020

Thursday 03/05/2020

This post is a continuation of the $50 a month stock challenge I started October 14, 2019.  Click on, "No Commission Stock Trades", on the right side of the page to read from the start.

   $328.93 self-imposed March trading limit.
2% of $328.93 = $6.58 March profit needed.

  -$   8.48 invested 2 WPG @ $4.24 (ex-date 03/06)
  -$ 61.60 invested 1 VZ @ $61.60  ($0.61 paid 02/03
  -$ 35.10 invested 2 CXW @ $17.55  ($0.44 x 2 paid 1/15)
  -$ 45.75 invested 1 HP @ $45.75 ($0.71 paid 03/02)
  -$ 22.80 invested 2 ETRN @ $11.40($0.45x2 paid 02/21)
  -$ 30.15 invested 10 WPG @ $3.015 (ex-date 03/06)
  -$ 55.00 invested 2 KHC @ $27.50 (ex-date 03/12)
  -$ 14.60 invested 2 BRY @ $7.30 ( ex-date- 03/12)
  -$ 53.00 invested 1 TNA @ $53.00
   $   2.45 balance to invest 
   
7:00am (CST)
Enter "GTC-EXT-Limit" SELL orders
     12 WPG @ $3.40 ( 2+10=12 ) ???
     1 VZ @ $61.70 
     2 CXW @ $17.90 
     1 HP @ $46.75
     2 ETRN @ $11.90
     2 KHC @ $28.50 
    2 BRY @ $7.90
    1 TNA @ $59.25

     I will be away for much of the day and will not be able to adjust my sell orders but the futures point to a down day, that is not surprising considering the record breaking point-gain yesterday.
     I could have sold TNA for a $1 gain yesterday BUT I believe it has several more dollars to run.

     WPG will go ex-date tomorrow, meaning by not selling it today, I will "capture the dividend" that will be payable on March 16. This will be the second dividend payout for the 2 shares I bought 11/20/2019. 
    They cut the dividend by 50% from $0.25 to $0.125, I bought the other 10 shares on 02/07/2020 before the cut was announced. Even with the rate cut it still pays a nice dividend. 
   
 Disclaimer, I am not a professional.
your comments are welcome and appreciated or
 e-mail...…..   1948modelblog@gmail.com


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