Wednesday, September 12, 2012

Wednesday Evening

I want to say a special thank you to Gator for all of his hard work authoring on the blog. We all know how much effort he puts into creating blog posts and coming up with new ideas on a regular basis. I think I speak for everyone when I say how much we appreciate your efforts Gator... Thank You!

Gator isn't being fired....lol, I just thought it was a good time to let him know that his work is greatly appreciated. To the existing authors already on the payroll :).... I'm hoping that we can give Gator a much deserved break and fill in the gaps a bit. He's expressed an interest in taking some time off, so I thought the rest of us could fill in the blanks and spread it out a little.

Blog posts can be whatever you want them to be... pictures of beaky's upcoming wedding (don't think we forgot about it beaky lol)... or stock/commodity charts, pet pictures, car pictures, comics, pure written commentary... whatever you want. Anything but politics...lol... I think we've established that's a touchy subject lol. If you put up images of something, just check to make sure there isn't a potential copyright issue. Other than those minor restrictions, the blog is your canvas. Refreshing seems to slow down a bit when we get over 120-150 comments, so that's usually a good time to put up a new thread.

I would also like to throw out an open invitation to anyone who would like to be added as a blog author: Let me know and I will take the steps in order to add you to the author list.

Oh... one last note to the authors..... I've noticed that Blogger doesn't seem to function very well when a lot of people are in there creating/editing posts at the same time. It's probably a good idea to throw out a comment on the thread that you are going to do a post so other authors know to stay out of the "New Post" area.

Mid - afternoon thread

It's all about the AAPL
 
and later about Ben

Roll out the barrel ....

Gator's Chart of the Day: CBRL
Cracker Barrel was the Chart of the Day on May 9th (vertical white line.)  A buy and hold from that day would have gained 14% (~42% annualized) and collected a couple of 40 cent dividends.  I don't know anybody who did that.  I know I didn't.  Grrrrrrrrrrrrr!!!

Is CBRL a buy right here right now?  If you have the can't help its a small bite would be OK but a tag of the 50 day simple moving average would be better.  Perhaps just a close approach would be good since it really hasn't touched that moving average since July.

Be aware that the stock only trades 114k/day so it's a little thin.  The short interest is over 4% and it takes over 6 days average trading to cover.  Earnings are scheduled for Sept. 19th so you may want to put this on a watch list and make a decision then.