Month: January 2012

$BRCD Brocade stock update

                Networking equipment supplier Brocade Communications Systems’ (NASDAQ:BRCD) share prices gained 6.46% after a report from Reuters said the company had received a buy-outoffer .  Brocade close @ $5.77, 01/10/12

$PFE Position Closed +24.1%

Our position in Pfizer was sold today on the limit order at 21.90, suggested by Grant.  Our entry was $18.30, Exit was $21.90 and we were paid .812 cents in dividends in the process bringing our total gain to $4.412 a share or 24.1%.  Great job, Grant!

$LULU update

On 01/06/11 founder Chip Wilson announced he will step down as Chief Innovation and Branding Officer. He will continue to serve on the Board of Directors. CEO Christine Day will take his place. During the November meeting the Club discussed the launch of, an American online store from LULU. This launch has shown to …

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$MO update

At the next meeting Altria will have its next payment date (01/10/12). On 12/14/2011 Altria declared its regular quarterly dividend of $0.41 per share. My sentiment; tobacco faces a tough economy (i.e an increase in Federal excise taxes and FDA regulations) and despite its challenges, MO delivers a 5.5% yield and continually outperforms the S&P. …

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$SAM update

  SAM  price has been slowly trending upward since we bought at 85.90. Current price is near 102.00. Goldman Sachs just downgraded to sell status, from neutral, Jan 5, same day the acquisition of Angel City was announced. They see slowing beer sales, and “unsustainable growth for Twisted Tea”. SAM just acquired an LA microbrewery …

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