04/17/2013

CAT ' s in the Toilet; I ' m Buying!

CAT's in the Toilet; I'm Buying!

CAT - in the toiletAdding to Market Shadows' Virtual Value Portfolio's CAT position ahead of its Ex-Date.

By Dr. Paul Price

I’m adding an additional 24 shares of Caterpillar (CAT) to our Virtual Value Portfolio. It's trading at $81.23 per share today. The cost is $1949.52, which will come out of our cash reserves. This is our second purchase, and brings the weighing of CAT to approximately 5% of our opening portfolio value of $100,000.

The additional CAT will qualify us for the next  52-cent dividend payment on a full 60 share position. CAT goes ex-dividend tomorrow.  The dividend will be paid on May 20, 2013.

Click on image to enlarge ...

CAT - quote and dividend information

 

Apr 17, 2013 12:00:00 AM | Newsletter Articles, Options, Value Investing

The comments to this entry are closed.

NEXT POST
Selling Put on Soy Producer Bunge Selling Put on Soy Producer Bunge in our Virtual Put Selling Portfolio By Paul Price Bunge (BG) is the world’s largest soybean processor. The stock peaked earlier this year at $80.99 and is expected to earn $7.30 per share in 2013. After Monday’s steep selloff, BG is now trading for $66.74. We’ve sold 1 Jan. 18, 2014 $70 put for our Virtual Put Selling Portfolio at the current bid price of $7.40 per share. That credits our account with $740 while committing us to buy 100 shares of Bunge, if exercised, at a net cost of $62.60 per share ($70...
PREVIOUS POST
Selling a Put on Iconic IBM Selling a Put on Iconic IBM By Paul Price IBM: Today’s 8% selloff does not compute. I’m using the $16.68 per share drop in IBM’s shares as a chance to sell a January 2014 $190 put for $13.80 per share. We’re adding one put contract to our Virtual Put Selling Portfolio and thereby collecting $1,380 in cash. [Click on images to enlarge] Our commitment is to buy 100 shares of IBM at a net cost of $176.20 (the $190 strike price – the $13.80 put premium) if the shares finish below $190 on Jan. 17, 2014. The break-even price is...

Ilene

I'm editor at Phil's Stock World, and editor for Stock World Weekly. My background is in the biological sciences, and law. After a brief career in the legal field, I changed directions and am now working as an editor, and very much enjoying my experiences in the editing world.

ThemeResearch
Jarsch
Michael Panzner
bloomingcactus
Sam

Search

Become a Fan

My Other Accounts

Recent Comments