Sold Merck – Buying More Procter & Gamble
- 8 Comment
My trade to sell my Merck shares went through today. I sold 34.1309 shares at $34.72 per share for a total payout of $1,303.66 (including foreign exchange and commissions). I am still very confident in my decision to sell based on the fact that they are going to fight each suit against them individually and the unlikelihood that dividend increases may be few and far between. Even if they do raise the dividend, I will not regret my decision as I am confident with my Pfizer stock.
As a result of this trade, I have entered an order to up my stack in Procter & Gamble. The stock has begun a trend up after a sharp fall of late and I would like to add as these lower prices. I think it has been beaten down based on a couple of factors (Wal-Mart’s destocking, Gillette sales not up to snuff in Asia), that are more short term problems as opposed to long term ones. I see this drop as an opportunity to buy more at this reduced price.
8 Comments on this post
Trackbacks
-
Chastity said:
What the hell are you people talking about…………
October 11th, 2008 at 2:14 pm











Win playing baccarat…
The strong point in poker is never to lose your temper, either with those you are playing with or, more particularly, with the cards. There is no sympathy in poker. Always keep cool. If you lose your head you will lose all your chips…
Online Casino…
If the shoe fits, steal it….
texas holdem poker games…
It’s hard work. Gambling. Playing poker. Don’t let anyone tell you different. Think about what it’s like sitting at a poker table with people whose only goal is to cut your throat, take your money, and leave you out back talking to yourself about wh…
Enter Here…
Gambling, the sure way of getting nothing for something….
Play Craps Online…
If you can’t spot the sucker in the first half an hour at the table, then you are the sucker….
Best Roulette Casino…
Good luck is often with the man who does not include it in his plans…
how to sell a home fast…
Texas) the number of residential foreclosures increased 100% in the third quarter of this year. These are very sobering statistics when you think about 446…