About Me

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Interested in saving and investing for financial freedom. Mid to late career IT worker with 20+ years in the state retirement system seeking alternate income through dividend growth investments. Final goal is to pass it down to my children and that they do the same for their children-a continuing generational wealth transfer.

Friday, February 8, 2013

February activity - valuation

I have no plans to trade in February. Current prices are not in a buy or sell range as far as I can tell (valuation based on pe, price and earnings history and payout ratio). I may issue a put or a call if I see the right numbers but I am content to watch the dividends come in at this point. ARNA is oversold now but it should be in the pharmacies this month which will generate a bump in price. F is hovering around 13. GLW would be a buy at 11.50 or 11. Stocks to watch - ARNA, F, GLW, COP.