SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 13.03-3.5%Dec 2 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: zamboz who wrote (180316)9/30/2022 11:28:39 AM
From: robert b furman1 Recommendation

Recommended By
zamboz

  Read Replies (1) of 183367
 
Hi Zamboz,

Time to get BULLY.

Clx 10 and 30 are coincidentally supportive for a long string of negative offsets. Big negative offsets two weeks out (bullish).

The market has punished all the investors who have been in crowded stocks.

Some very good companies that have solid businesses have been brutally punished as well.

I think the market will now be rewarding solid balance sheets and strong free cash flows. A rare combination that is able to pay very good dividends with high yields in the 6, 7, and even 8 percents each and every year for a long time.

I've been starting positions in T and INTC and selling puts out for more. If assigned the dividend yield will be high 7's and low 8's. I'll gladly wait for the turn around and debt reduction/dividends.

I owned T for many years and sold out in the premarket after reading they would reduce the dividends.

When the dividend firms up into the 7 percent range, many dividend index funds buy and provide support to price.

Keep in mind that the company now has a lot less debt (free cash flow is 2.3 times the dividend which is viewed as safe once again).

The basic company has good margins and few"off subject" issues now. Stanke is a tough guy and will hold price of service to allow the now reduced dividend and grow the 5G and fiber optic businesses.

1.11/15.50 = 7.16 %

Todays premium for October 15's is .40 to.41. That premium is .40/14.60 = .0273972/.0833 annualizes to 32.89%. If assigned the dividend yield would be 7.60%.

better than a bank and taxed at a low rate.

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext