Tag Archives: high tech

Google’s Dividend (& Stock Buyback): I Am V. Leery.

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by Anura Guruge
on April 26, 2024

Click to ENLARGE. News snippets from ‘Google News‘.

Successful, high-flying HIGH TECH stocks never gave dividends.

This goes back to the ‘dot.com’ era of the late 1990s — which I was lucky enough to live through & benefit from.

Amazon still does NOT do a dividend & unlikely to do so anytime soon.

Announcing a dividend (along with a massive stock buyback) is a ‘cheap’ way to make one’s stock attractive.

That Google is doing this now makes me leery. IF all is GOOD when it comes to AI etc. they didn’t NEED to do this. Unnecessary. This feels like an attempt to prop up the stock because they are concerned that they might be losing ground.

Oh, I own Google. So, this is NOT sour grapes. But, it is because of this that I am concerned. So, we are GOOD for now, but what about next year? That is the question.

I Bought 4 Shares Of ‘Chipotle’ Today — For Option Trading After The 50-to-1 Stock Split In June 2024.

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by Anura Guruge
on April 12, 2024

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Click to ENLARGE. Base chart from ‘MarketWatch‘ (of course, of course).

I LOVE stock splits that give me MORE opportunity for option trading — my acknowledged addiction. When I heard of the 50-to-1 SPLIT I knew I had to buy some. With that split I only needed 2 shares to give me the necessary 100 shares for BIG BOY, ‘proper’ option trading.

Markets were down today. Chipotle was down just over 1%. 1% down is usually my threshold for buying a stock on the dip. I only needed 2. I bought 4, 2 for I … 2 for my 18 year old daughter (in her account). I might buy a few more prior to the split. Plenty of time.

As I have PROVED, contrary to what you might hear/read in the media there is NO ‘ex-‘ date for a split. Yes, you will hear folks talking of an ‘ex-‘ date & people will buy ahead of that. Then, the price drops AFTER that ‘ex-‘ date. I swoop in. SMILE. Pays to have my experience and savvy.

Chipotle is the ONLY NON-TECH I own! Ditto my daughter given that I do her investments. I LOVE TECH. I understand tech. I have done OK with tech.

My daughter of late has started eating at Chipotle. She is fussy as to what she eats and where she will eat. So, that was slight incentive. I like her to OWN shares in companies she uses, i.e., Amazon, Netflix, Google, Microsoft. Makes sense. SMILE.

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Stock Market’s Irrational Exuberance Is Unwarranted — Reminds Me Of Y2K & The ‘NASDAQ’ Crash.

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by Anura Guruge
on April 11, 2024

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Click to ENLARGE. Base chart from ‘MarketWatch‘ (of course, of course).

I am NOW truly a senior, with over 45 years of SOLID (& often painful) stock market experience. I remember living through the Y2K (i.e., year 2000) NASDAQ crash. I was fully invested then, nearly all of it on the NASDAQ. DITTO, today. SMILE.

I, as I often state, ONLY invest in things I understand — & that tends to be (High) TECH. I have been in TECH most of the last 40 years — & I AM NOT COMPLAINING. SMILE.

Today was a good day. Nah! That is a lie. Today was a GREAT DAY. SMILE.

This has been a good year. SMILE. The last 12 months has been good.

But, this is NOT RIGHT. There is too much uncalled for irrational exuberance. The NASDAQ should NOT have gone up 1.7% today. Not right. Fundamentals don’t support that.

I am PREDICTING that we will have a MEANINGFUL PULLBACK in Tech soon — before June. That has to be the case. This is not right.

Mark my words (again). SMILE.

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When Will ‘Mom & Pop’ Retail Investors Stop Falling For The Recent ‘Head Fakes’ On High-Tech Stock In Today’s BEAR Stock Market?

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by Anura Guruge
on September 27, 2022

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Click to ENLARGE. Base chart from ‘marketwatch.com‘ — of course.

This UP first thing in the morning & THEN rapidly falling soon after to end the day negative has been happening consistently for the last few weeks.

Newbie, amateur investors fall for it each & every time it happens. They think, naively, that the market is turning & that they better jump in before the stock goes up too much. They get fooled each time.

No question, BIG high-tech stocks like AMZN, GOOG, AAPL, NVDA have been beaten down tremendously. Compared to what they were, even 6 months ago, they are dirt cheap. So, this is NOT a bad time to start picking up some of these. The problem is we are not even close to a market bottom yet! That is the crux. We still have some ways to go down yet!

With ‘Parag Agrawal’ Taking Over At ‘Twitter’, 4 U.S. Tech Behemoths Are Now Run By ‘Indian-Americans’ (Not To Be Confused With ‘Indigenous Indians’).

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by Anura Guruge
on December 2, 2021

Click to ENLARGE. I dashed this off (– using public domain images).
Click to ENLARGE. From ‘Google News‘.

This, of course, has to be hailed. A female Vice President, viz. Kamala Harris, who is 50% Indian & now Parag Agrawal’s unexpected elevation at Twitter. It sure has been a banner year in the U.S. for Indian-Americans. This is quite the coup. Though IBM (alas) is no longer a household name, as it once was, it is still a $75 BILLION Dollar (U.S.) company. This is, of course, ultimate validation of the much vaunted ‘American Dream‘. These four, all of them still quite young, for a start, have done very well for themselves & are a HUGE credit (& source of celebration) for India.

Given that I have a 29-year old son, who is also a software-entrepreneur (who successfully sold his first company this August) I am very happy about this trend.

I will, of course, given my lifelong interest in high-tech keep an eye on these folks. Plus, I do own Google stock. I used to own Microsoft too, but not anymore. Ironically, I have never owned IBM shares for any meaningful length of time, even though my entire professional life, one way or another, was ALWAYS IBM-related! That must say something. SMILE.

Anyway, I just wanted to document this, since I wasn’t sure how many people had appreciated the extent of the growing Indian domination.