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Well, It's been 3 days since I suggested you grab some stocks, let's see how they've done:

$BKS - Barnes and Noble (which I've been spelling Nobel for forever incorrectly) is up a whopping 12.72% in 3 days.  The stock is way undervalued and the company announced it's for sale because of that.  Good things could happen for BKS.  They need to do something to get iPad customers to buy their books or make a deal with Apple or something.  In any event, they have great real estate.

$HD - Home Depot is down 0.95%.  I can live with that for 3 days.

$K - Kellogs is up 1.41%.  Just to put it in perspective, in 3 days I made from Kellogs what 6 months gives you in CD's or a year gives you in your bank savings account.

$WWE - World Wrestling Entertainment is up 2.28%.  WWE is in a bit of a creative funk and needs to create new, breakout stars.  Jericho on ABC TV hosting a game show will help WWE and Stone Cold had a movie coming out this week, but long-term they need a new Rock or Stone Cold to really get the company pumpin again.  They did announce a $0.36 a share dividend, which is nice.  That's free money my friends.  Dividends rule.

Invest in peace...

You'd be up a lot.  +$1.52.  Not bad for one day.

$BKS      +0.85
$WWE    +0.20
$K           -0.05
$JNJ       +0.63
$HD        -0.11

Also, the stocks I already owned did amazingly well, up $7.72 on the day:

$AAPL      +4.60
$BRK.B    +1.80
$KO         +1.30
$SIRI        +0.02

Total of $9.24 in gains per share today.  That kicks major butt in my book.  The more shares you owned in the companies I had, the more profit you'd be sitting on this afternoon.

Invest in peace...

So, $BP.L, the oil company that destroyed the ocean, has seen their stock tank, down over $250 from it's year high.  Is it a good buy?  Probably.  Once they get the gulf cleaned up and pay everyone off, they'll continue to make more money than they can count.  The question is, do you want to support a company that has done shitty stuff?  I for one don't, but that's my person opinion.  I also don't buy Alcohol or Tobacco companies because I don't drink or smoke and think both are a huge waste of peoples time and money and health, but again, that's just me.  I also don't short stocks because I don't want to bet against people who are having a rough time. 

With all that said, is BP.L a good buy?  I would say it probably is and if you have enough money to buy a large quantity of shares, you could make a bundle, but at $405 a share, it has the same problem Google ($GOOG) has, which is you can't buy enough shares to make the large jumps it makes worth the risk.  If you bought 10 shares, that's $4050, even if it goes up $200, you made $2000.  Not a bad payout, but do you want to risk $4050 to possibly make $2000?  Not so sure.  For $4050 you could buy 120 shares of Disney and it would only have to go up to $50.41 to get the same profit, AND you'd have less risk, AND you'd be able to sell some shares to grab out profit and lower your taxes on the gains.  So, I wouldn't do it, but that doesn't mean you shouldn't.

Invest in peace...

Ok, it's Sunday night, so tonight I do my trading.  I'm standing pat on the stocks I currently own ($AAPL, $BRK.B, $KO and $SIRI) and I'm adding some positions:

Note, all of these stocks are currently below their 50 and 200 day moving averages and all of these stocks have a name monopoly.

$BKS - Barnes and Nobel - All over the place as far as stores go.  Selling books, even on the iPad and they just released a cheaper Kindle.
$WWE - World Wrestling Entertainment - Always a great company, no competition at all.  Money coming out their butts and they pay a dividend.  Works for me.
$K - Kellogs - They're grrrrrrrrrrrrreat!  Even when people have no money, they buy cereal.
$JNJ - Johnson and Johnson - People gotta buy the staples and they makes tons of them.
$HD - Home Depot - This is a short term risky one, however they dropped quite aways from their averages for no good reason and with winter coming, people will need to repair damage to their homes to stay warm.  I like Home Depot better than Lowes, so I went with them, but Lowes is also in the toilet at the moment.  Home Depot also has the higher high in the past year, so I went with them. 

Invest in peace...