…dead reckoning…

[-ramblings of a lost sailor-]

Archive for the ‘stocks’ Category

…stocks : R131826ZMAY06

Posted by Chief on May 13, 2006

…so I'm thinking of selling off all my stocks on Monday.  Not that it's much.  I'd net maybe $1200-$1400.  Here's the deal:  Motorola.  Love their phones and radios.  Bought their stock back when it was $33/sh and slowly climbing after their big bubble pop at $60ish/sh.  Bought more every time they went down.  They've stabilized at about $22/sh for the longest time now.  Lots of investor advisors recommended them as a SELL for a while now.

Thing is, I could be putting the money that's just sitting there to better use.  Pay off some debt, reduce interest payments, vehicle maintenance, etc.  Maybe later on I can buy more stock.  What I own now doesn't even feel like enough to matter.

Oh, and then there's the whole Sirius satellite radio stock.  Man, they totally should NOT be paying Howard Stern $500 million for that deal!  He hasn't even really helped the stock.

So… I've got to decide by Monday – though I'm really just stalling, because I pretty much already know I'm going to sell all of it.

…unless someone has advice otherwise… advice? anyone?…

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