My Personal Finance Journey

Personal finance observation, musing and decisions in a journey toward financial independence by 36 with at least $1 million.

Home | Feed:

| About | Progress: June 07: $756,924 | Best of PFBlog | Product Reviews | PFBlog Digest | Disclaimer | Advertise | Contact Me

TRADE #16 - Buy S 100s @ $25.85 in Datek (Backlog for October 23, 2002)

Contributed by mm | January 5, 2003 06:28 AM PST

[This is a backlog for a previous trading transaction. It may not fully represent my thinking at the time of the trading.]

I purchased 100 shares of S at $25.85 today with a commission of $10.99.

Frankly speaking, I know Sears has lots of headaches: its retail business is not growing (Same-Store-Sales in the decling for more than a dozen months), majority of the profit comes from the credit business, and the credit business is in question after its Q3 earning release disaster (failing to reserve enough for bad debt).

However, the valuation of the issue is more than impressive. Even in worst scenario, I believe Sears can sustain an annual EPS of $4.50 or more. The credit portfolio reserve issue should be merely a one-time issue and the new management of the credit business should not make the mistake again. Management is reinvent the retail business (one of the important steps is to acquire Land's End). At the price of around 5.7 times EPS I'm very comfortable that all the risks have been adequately compensated, and the 3.6% dividend yield is a nice plus too.

What do you think of this post? Be the first to share your opinions.

Similar Posts

TRADE #18 - Sell MSFT 30s @ $28.50 in Datek (Backlog for November 4, 2002) (January 05, 2003)
[This is a backlog for a previous trading transaction. It may not fully represent my thinking at the time of the trading.] I sold my remaining 30 shares of MSFT in my Datek account for $28.50 each. I believe it's time to sell these memories ... Read

TRADE #17 - Buy CI 100s @ $35.50 in Datek (Backlog for October 25, 2002) (January 05, 2003)
[This is a backlog for a previous trading transaction. It may not fully represent my thinking at the time of the trading.] I purchased 100 shares of CI today at $35.50. Read

TRADE #15 - Buy RJR 60s @ $41.80 in Datek (Backlog for September 27, 2002) (January 05, 2003)
[This is a backlog for a previous trading transaction. It may not fully represent my thinking at the time of the trading.] RJR gave up 13% since my purchase of 60 shares last week. To me, this makes RJR more appealing: RJR is offering 9 ... Read

TRADE #14 - Buy RJR 60s @ $47.80 in Datek (Backlog for September 23, 2002) (January 05, 2003)
[This is a backlog for a previous trading transaction. It may not fully represent my thinking at the time of the trading.] Today I purchased 60 shares of RJR to further invest my free cash flow. Read

Read all 44 articles in the same category.

Comments

Add Your Comments

Mail This Post

Email addresses will never be collected or sold.

Read More ... 44 Posts In The Same Category

01/28/05 | TRADE #44 - Sell TALK 290s @ $6.29 in Roth IRA

05/25/04 | TRADE #43 - Buy WDMH (QQQ Jan 06 $34 Put) 1000s @ $3.50 in Roth IRA

05/24/04 | TRADE #42 - Buy MO 50s @ $45.04 in Roth IRA

04/15/04 | TRADE #41 - Buy WDMG (QQQ Jan 06 $33 Put) 200s @ $3.00 in Roth IRA

04/06/04 | TRADE #40 - Sell OCA 500s @ $8.65 in Roth IRA

03/23/04 | TRADE #39 - Sell RJR 100s @ $58.02 in AmeriTrade

03/09/04 | TRADE #38 - Buy YWZMD (QQQ Jan 06 $37 Put) 600s @ $5.20 in Datek

02/03/04 | TRADE #37 - Buy TALK 290s @ $10.36 in Roth IRA

01/21/04 | TRADE #36 - Buy ZMFME (MSFT Jan 05 $25 Put) 1,000s @ $1.35 in Datek

10/31/03 | TRADE #35 - Sell CI 100s @ $56.291 in Datek

10/09/03 | TRADE #34 - Short Cover AMZN 200s @ $58.089 in Datek

09/22/03 | TRADE #33 - Buy FDP 148s @ $25.94 in Roth IRA

06/13/03 | TRADE #32 - Sell FTHRX 241s @ $11.03 in Roth IRA

05/22/03 | TRADE #31 - Sell S 300s @ $27.91 in Datek

05/19/03 | TRADE #30 - Short AMZN 200s @ $32.87 in Datek

05/08/03 | TRADE #29 - Buy OCA 500s @ $6.68 in Roth IRA | (2)

05/08/03 | TRADE #28 - Sell NTBK 200s @ $11.68 in Datek | (1)

05/06/03 | TRADE #27 - Sell FBR 365s @ $12.20 in Roth IRA

04/22/03 | TRADE #26 - Sell RJR 120s @ $34.06 in Datek

04/16/03 | TRADE #25 - Buy OCA 1,000s @ $4.76 in Datek

03/18/03 | TRADE #24 - Buy RJR 100s @ $33.64 in AmeriTrade

01/14/03 | TRADE #23 - Buy FTHRX 235s @ $10.69 in Roth IRA

01/13/03 | TRADE #22 - Buy FB 100s @ $34.74 in Roth IRA

01/05/03 | TRADE #21 - Sell MTG 100s @ 43.10 in Datek (Backlog for December 4, 2002)

01/05/03 | TRADE #20 - Buy S 200s @ $20.01 in Datek (Backlog for November 13, 2002)

01/05/03 | TRADE #19 - Buy MTG 100s @ $39.50 in Datek (Backlog for November 13, 2002)

01/05/03 | TRADE #18 - Sell MSFT 30s @ $28.50 in Datek (Backlog for November 4, 2002)

01/05/03 | TRADE #17 - Buy CI 100s @ $35.50 in Datek (Backlog for October 25, 2002)

01/05/03 | TRADE #15 - Buy RJR 60s @ $41.80 in Datek (Backlog for September 27, 2002)

01/05/03 | TRADE #14 - Buy RJR 60s @ $47.80 in Datek (Backlog for September 23, 2002)

01/05/03 | TRADE #13 - Buy PPD 140s @ $18.25 in Datek (Backlog for August 2, 2002)

01/05/03 | TRADE #12 - Buy NTBK 200s @ $10.20 in Datek (Backlog for June 26, 2002)

01/04/03 | TRADE #11 - Buy PPD 140s @ $27.75 in Datek (Backlog for April 1, 2002)

01/04/03 | TRADE #10 - Cover Short QQQ 80s @ $37.82 in Datek (Backlog for November 6, 2001)

01/04/03 | TRADE #9 - Short QQQ 80s @ $34.84 in Datek (Backlog for October 23, 2001)

01/04/03 | TRADE #8 - Sell MSFT 35s @ $70.22 (Backlog for June 14, 2001)

01/04/03 | TRADE #7 - Sell EBAY 20s @ $61.75 in Datek (Backlog for June 12, 2001)

01/04/03 | TRADE #6 - Sell EBAY 50s @ $51.25 in Datek (Backlog for April 30, 2001)

01/04/03 | TRADE #5 - Buy EBAY 70s @ $34.50 in Datek (Backlog for March 13, 2001)

01/03/03 | TRADE #4 - Sell BYND 20s @ $8.44 in Datek (Backlog for February 15, 2001)

01/03/03 | TRADE #3 - Buy BYND 300s @ $2.22 in Datek (Backlog for May 10, 2001)

01/03/03 | TRADE #2 - Buy MSFT 20s @ $65.00 in Datek (Backlog for April 24,2000)

01/03/03 | TRADE #1 - Buy MSFT 25s @ $90.50 in Datek (Backlog for April 3,2000)

This page was last rebuilt at February 11, 2006 05:10 AM.

Subscribe to our feed:

Latest Posts ...

• How To Teach Rich Kids About Money?

• Capital One Finally Reports Credit Limits

• Monthly Update - July 2007 ($762,141, +$5,217)

• Portfolio Update - July 2007 (Down 1.83%)

• Monthly Update - June 2007 ($756,924, +3,438)

ARCHIVES

All 937 Posts
By Topics
By Date

THE JOURNEY

June 07 Results

HOT DEALS

Citi Driver's Edge

5.15% APY Emigrant Direct Savings Account

SERIES

Financial Plan 2005

Saving for College

Refinancing 2004

PRODUCT REVIEWS

Banking Products:

Emigrant Direct

Presidential Bank

Credit Cards:

Citi Driver's Edge

Citi Dividend Platinum

Amex/CostCo TrueEarnings

Providian Real Rewards

Fidelity Investment Rewards

Fidelity 529 College Rewards

Citi PremierPass

Credit Reports:

Free Credit Report - Equifax

Free Credit Report - Experian

Free Credit Report - TransUnion

Other Products:

529 Savings Plan

529 Prepaid Tuition Plan

Free Home Price Check

Netflix vs Blockbuster

United Elite Prepaid Travel Card

Free Tax Filing Options

Vonage Broadband Phone

Microsoft Money 2005

more reviews ...

MORE PRODUCTS

SkyMiles Business

Blue Cash for Business

Alaska Airlines Visa

Citi AAdvantage

Worldperks Platinum Card

Chase Cash Award

CashBuilder Visa

Mileage Plus Signature

American Express Business

50-year mortgage

RSS FEEDS

Archives By Topics

　

Overall: Objectives and Progress (58) Personal Accounting (7) Original Analysis (102) Useful Resources (111)
My Finance: Credit (57) | Insurance (11) | Car & Home (20) | Services (9) | Savings (25) | Tax (25) | Others (31)
My Readings: Credit (42) | Insurance (11) | Car & Home (35) | Services (5) | Savings (20) | Tax (40) | Investments (63) | Economy (15) | Others (64)
My Portfolio: General (43) | Transactions (44) | Analysis (22)
Else: All About PFBlog (48) | Misc (11)

Archives By Date

　

Jun 2008 (2) | May 2008 (2) | Apr 2008 (5) | Feb 2008 (3) | Jan 2008 (15) | Dec 2007 (32) | Nov 2007 (6) | Oct 2007 (8) | Sep 2007 (9) | Aug 2007 (24) | Jul 2007 (2) | Jun 2007 (1) | May 2007 (3) | Apr 2007 (4) | Mar 2007 (4) | Feb 2007 (13) | Jan 2007 (6) | Dec 2006 (3) | Nov 2006 (7) | Oct 2006 (7) | Sep 2006 (6) | Aug 2006 (4) | Jul 2006 (10) | Jun 2006 (1) | May 2006 (3) | Apr 2006 (2) | Mar 2006 (6) | Feb 2006 (6) | Jan 2006 (3) | Dec 2005 (1) | Nov 2005 (9) | Oct 2005 (8) | Sep 2005 (13) | Aug 2005 (25) | Jul 2005 (16) | Jun 2005 (17) | May 2005 (19) | Apr 2005 (20) | Mar 2005 (24) | Feb 2005 (23) | Jan 2005 (36) | Dec 2004 (40) | Nov 2004 (34) | Oct 2004 (17) | Sep 2004 (21) | Aug 2004 (59) | Jul 2004 (37) | Jun 2004 (31) | May 2004 (29) | Apr 2004 (52) | Mar 2004 (49) | Feb 2004 (49) | Jan 2004 (31) | Dec 2003 (48) | Nov 2003 (52) | Oct 2003 (29) | Sep 2003 (8) | Aug 2003 (5) | Jul 2003 (2) | Jun 2003 (2) | May 2003 (5) | Apr 2003 (2) | Mar 2003 (2) | Feb 2003 (3) | Jan 2003 (29) | All Articles

Gold Channels of the Personal Finance Blogger's Network

• My Personal Finance Journey (1044 posts): Daily personal finance observation, musing and decisions in a journey toward financial independence by 36 with at least a million dollars. (RSS Feed)

• Five Cent Nickel (450 posts): The money musings of a thirty-something family man... (RSS Feed)

• My First Million (82 posts): Lessons learned from a cautious investor who has already made it. (RSS Feed)

• Blueprint for Financial Prosperity (113 posts): A helpful guide to financial security, independence and untold riches. (RSS Feed)

• Consumerism Commentary (306 posts): Striving for personal financial security. (RSS Feed)

• Canadian Capitalist (174 posts): A record of my personal financial experience in saving, debt management and investing (with emphasis on Canadian content). (RSS Feed)

• Naked Picks (33 posts): Can an average fat boy beat experts in picking stocks? (RSS Feed)

• Free Money Finance (463 posts): Free and simple advice on money and finance designed to maximize your net worth. (RSS Feed)

• Reasoned Investing (198 posts): Long term investing advice, focusing on the reasoned steps everyone can take to invest in their future. (RSS Feed)

• Common Cents (33 posts): A common sense approach to understanding the importance of Personal Finance. (RSS Feed)

Others Channels of the Personal Finance Blogger's Network

• Financial Freedom Trek (33 posts): One generation debter's trek towards financial freedom. (RSS Feed)

• Nathan's Financial Mindset (26 posts): My day by day activities to save for most foreseeable events in the future, retire early, and retire rich. (RSS Feed)

• Prospect (34 posts): Personal finance for today and tomorrow. (RSS Feed)

• Mrs. Money Matters (23 posts): Money matters from a wife, mother, employee, and entreprenuer. (RSS Feed)

• North of 49º (44 posts): Fiscal tips, tricks, rants and raves from North of 49º. (RSS Feed)

• The Money Garden (38 posts): Patiently cultivating wealth in pursuit of financial abundance. (RSS Feed)

• Stumbling to Financial Freedom (11 posts): Going from debt to incredible riches in one million easy steps. (RSS Feed)

• Fidelity Observer (98 posts): Tips, observations, and information relating to Fidelity Investments and other personal finance issues. (RSS Feed)

• Finance: Meet the Master (1 posts): Discuss finance related queries and stock market with the master. (RSS Feed)

• Personal Finance Café (9 posts): A forum to discuss personal finance issues including taxes, home ownership, insurance, budgeting, and investing. (RSS Feed)

• Coach Coin (55 posts): Simple Tips & Analysis from a Personal Finance & Success Coach. (RSS Feed)

Featured Sites

• payday loans - Payday Loans No Credit Check can offer you with reasonably-priced loans for you financial requirement.We deals in Payday UK, Payday Loans Australia , payday Loans Canada.

• Protected.co.uk compare over 300 life insurance plans to find the best deal from their providers.

• Search 300 life insurance plans from 12 leading providers.

• Bad Credit Auto Loans are loans for people who have a poor credit history and cannot qualify for an auto loan. If you are able to secure a bad credit auto loan, you should consider it to be a second chance to improve your credit rating by making all auto loan payments on time.

• Car Finance - The Uk's leading online car finance company. Buy any car from any UK dealership. Bad credit not a problem.

• SecuredLoansCentre.co.uk - 3 easy steps to compare over 200 secured loan plans for UK home owners in minutes

• Find a fast personal loan in the UK. Even if you have a bad credit history, arrears or CCJ's, Loansite's top lenders can help you compare loans and find a low APR secured loan, homeowner loan or tenant loan with fast approval in principle.

• Legal Helpers experienced bankruptcy lawyers can help you out of debt. Take advantage of our Free debt consultation. Our bankruptcy lawyers will help you understand your best option to eliminate your debt. Ask about our 100% guarantee.

• Student Loan Consolidation - Need assistance with Student Loan Consolidation? Have a personal education finance advisor assist you with rates as low as 4.5%. -Quick, Easy Online Application w/E-sign!

• Cheap Car Insurance - Provides Cheap Car insurance. Receive an instant quote online

• Womens Car Insurance - Specialises in cheap car insurance for women

• Have a Personal Bankruptcy Lawyer assist with filing bankruptcy for a chapter 13 or chapter 7 bankruptcy case. Free bankruptcy evaluation tool.

• secured loans - Any purpose low Cost secured Loans.

• The Internet's most trusted credit card resource directory.

• Frigidaire Parts

• Fleet Dealer - Ford Fleet trucks and vans, cargo vans, cutaway vans, LCFs, work trucks, commercial trucks, ambulances, tow trucks, police squad vehicles, and other commercial vehicles like box vans, delivery vans, box trucks and dump trucks.

• Bad Credit Auto Loans - Auto loans bad credit, bad credit auto loans, guaranteed credit approval, auto financing, credit lenders, car credit, automobile lenders, bad credit auto loans seattle, auto loans bad credit seattle.

• Ford Dealer - One of the World's largest Ford Dealerships. Over 3,000 cars and trucks to choose from. Mega Volume Dealer. $1,000 price guarantee. Large Special Finance Store. Ford Dealer Seattle. Mustang, Edge, Explorer, F150, f250, fleet, build your own Ford.

• Auto Loans Bad Credit - Bad Credit Auto Loans, auto loans bad credit, guaranteed credit approval, car credit car loans, automobile financing, credit lenders, bad credit auto loans seattle, auto loans bad credit seattle. (Home | Apply | Inventory | Credit Help | Contact Us)

• PayDay Loans

• moneyeverything.com - Find the right credit card to suit you with our guide to the right card in the UK

• airaid.co.uk - Looking for credit cards in the UK? Find the right credit card to suit you with our guide to choosing the right card in the UK

• Bad Credit Loans - find out some tips about improving your credit score and choosing the best bad credit lender.

• Consolidate debt with Bad Credit Personal Loans online or Personal Loans, consolidate Bad Credit Personal Loans or apply for Credit Cards including 0% deals.

• You may also want to look at UK Bank Accounts and get a Credit Report before comparing UK Credit Cards or finding out about UK Mortgages to refinance or move house.

• We provide personal loans for debt consolidation, home improvement, bad credit loans at cheap rates in the UK.

• If you are buying a car you may want to search for UK Car Insurance to get a car insurance quote online.

• Accepted.co.uk compare over 100 secured loans to find the best deal from their lenders.

• Accepted.co.uk compare over 100 secured loans to find the best deal from their lenders.

• Sending money to family and friends has never been easy. Use iKobo, secure way to send money worldwide

• Payday loan tips at paydayloanreport.net helps you to defeat cash-checking and payday loan traps.

• MM Money is an interesting money blogthat covers many aspects of personal financial matters.

• This insurance weblog covers all major types of insurance, including health, life and car insurance

• Bestcardguide.com offers independent review of best credit cards

• Real Bankruptcy offers excellent tips of bankruptcy and how to avoid them

• Small Business Loans

• Credit Card Debt Relief

• Online Credit Card Processing

• Stock Investments

• online casino - reviews of goldenpalace, casino-on-net, and more. onlinecasinobluebook.com review guide.

• Student Loan Consolidation - the student loan solutions provides students and their families with information and resources to help students get out of default and better manage their student debt.

• Bad Credit Auto Loans - washington state's bad credit auto financing leader.

• Home Loan - getsmart is a leading online financial marketplace, focused on smart consumers in a hurry.

• Credit Cards - the best deals on uk credit cards compared, regularly updated

• IRS Tax Lien - when you need help with your tax problems, call citizens tax relief.

• bankruptcy - bankruptcy lawyers from around the country providing assistance with chapter 7, chapter 13, and debt issues

• Credit Repair - repair my credit now credit services offers credit repair, restoration and education through our exclusive "v" phase process â„¢

•

Want to See Your Ads Here? Claim Your Ad Space at Personal Finance Weblog by Writing to Webmaster. Starting at $39/month, see your text ads in thousands of indexed pages at PFBlog, the Best Personal Finance Blog. Full Rate Card Available Here.

Copyright 2003-2006, PFBlog.com. All Rights Reserved. (Privacy Policy)

This Site Tracked by OneStat.com