Posterous theme by Cory Watilo

Wednesday update...$BKS $HD $K $WWE

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...