tag:blogger.com,1999:blog-6147698924473097046.post7751262233643482759..comments2023-04-06T07:12:57.531-07:00Comments on Chumpmenudo's Investment Portfolio: Adding to positions in IBM and VMI Unknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6147698924473097046.post-78079485364011077062013-10-22T11:35:37.741-07:002013-10-22T11:35:37.741-07:00VMI: I bought my first shares at $137 and all the ...VMI: I bought my first shares at $137 and all the way down to $131.<br />I discovered the stock via an article from FG and then made some DD on it. What can I say... I like what I found! They are very profitable with nice margins and undervalue now. They are basic industrial with a big portion of the market.Stéphane Girouxhttps://www.blogger.com/profile/13543103950086126263noreply@blogger.comtag:blogger.com,1999:blog-6147698924473097046.post-70886605774289515602013-10-18T17:07:24.871-07:002013-10-18T17:07:24.871-07:00Hey Grox:
I just posted the XOM blog; meant to s...Hey Grox:<br /><br />I just posted the XOM blog; meant to say I closed out by buying back the put option. It can be fairly confusing.<br /><br />I'm still reading up on IBM and VMI. When did you invest in VMI, and what was your thesis/reason?<br /><br />ChumpChumpmenudohttps://www.blogger.com/profile/04831951135314791747noreply@blogger.comtag:blogger.com,1999:blog-6147698924473097046.post-56240788295698484252013-10-18T12:01:12.420-07:002013-10-18T12:01:12.420-07:00Hi Chump,
I agree with all your moves and I can&#...Hi Chump,<br /><br />I agree with all your moves and I can't wait to know what you have learn from your experience with the put on XOM... you said you closed out by selling, does that mean you have bought the put in the first place?<br /><br />As for IBM, I really like their earning progress. But it remains in the tech sector where everything can happen, like a new competitor or a new tech... which I don't like. For the record, I am long with the intent of watching the game closely on this one.<br />I feel much more confident in VMI at this point.<br /><br />GroxStéphane Girouxhttps://www.blogger.com/profile/13543103950086126263noreply@blogger.com