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Author: Hohum777 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1678  
Subject: Re: Nov 2012 musing Date: 11/21/2012 7:53 PM
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11/21
The good stuff continues ... "BOOM!", Trading ac bounced almost 5% yesterday with the after-hours
announcement from MEMS. Someone wants to buy the company out for $4/sh. I had trimmed some higher
cost shares in Oct 2012, but glad I didn't make the CBK blunder on this idea. Own some higher
priced shares in the Roth ac too- so a gain there.

Another tanker company whacks its payout. Like TNK, I was not surprised when TNP announced a divvie
cut. Like TNK, the severity of the cut surprised me. I was thinking perhaps an 8-10c divvie,
not 5c. Market reaction surprised me. TNP has pulled back from over-$6 to below-$4, so perhaps
the dividend cut was already built in. Then again, the timing of Thanksgiving could also
have reduced the number of traders. Dumped the Trading ac position for a small gain.

ORI quietly inching up. Need to make a decision on this one in both Roth ac (green) and DRIP ac (red).
Leaning towards a piece-meal exit in DRIP ac.
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