Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice! As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.
Earlier today, in the midst of the continued market correction, my recent purchase of Movado (MOV) was 'undone' and I sold my 210 shares of MOV at an average price of $29.57. I had literally purchased these shares just days ago on 12/11/07 at a cost basis of $32.14. Thus, I had a loss
Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice! As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.
Earlier today, in the midst of the continued market correction, my recent purchase of Movado (MOV) was 'undone' and I sold my 210 shares of MOV at an average price of $29.57. I had literally purchased these shares just days ago on 12/11/07 at a cost basis of $32.14. Thus, I had a loss
Since I was at 13 positions out of my potential of 20 position portfolio, this sale at a gain entitled me to add a new position to the account. Checking the list of top % gainers on the NYSE today I noticed that Movado Group (MOV) was an acceptable candidate for my account and purchased 210 shares at $32.09. At the moment, Movado (MOV) is trading at $32.49, up $1.52 or 4.91% on the day.
MOVADO GROUP (MOV) IS RATED A BUY
Why Movado? And why now? Very simply, when I had my 'permission slip' to buy a new stock, I started scanning the lists of top % gainers. That incl
John Reese is an expert in analyzing the investment criteria of "legendary" advisors with time-tested strategies. And one market approach that may be of particular interest to investors during the current period of market turmoil is the value strategy developed by Benjamin Graham. (For more on this strategy, see our other post, "Three Rules of Value Investing".)
In his Validea newsletter, John reese explains, "Benjamin Graham -- considered the greatest investment guru by Warren Buffett -- built his reputation by using an extremely conservative, low-risk approach to investing." Buffett, incid
John Reese is an expert in analyzing the investment criteria of “legendary” advisors looks at Benjamin Graham.
In his exceptional Validea, he notes, “Benjamin Graham – considered the greatest investment guru by Warren Buffett -- built his reputation by using an extremely conservative, low-risk approach to investing.”
“To Graham, preserving one's original capital was every bit as important as netting big gains.
"Having lived through the 1929 market crash, it's no surprise that the strategy Graham laid out in his classic book The Intelligent Investor was a conservative, loss-averse approach.
Movado Group, Inc. (MOV) designs, manufactures and distributes watches from nine of the most recognized and respected names in time: Movado, Ebel, Concord, and ESQ SWISS as well as Coach, HUGO BOSS, Juicy Couture, Lacoste and Tommy Hilfiger. The company also designs and markets exclusive Movado jewelry and gifts through their Movado Boutique stores in the United States. With manufacturing facilities in Switzerland, and corporate headquarters in Paramus, New Jersey and Bienne, Switzerland, the company employs more than 1,800 people worldwide.
Data powered by QuoteMedia.
All Rights Reserved.
Data delayed 15 to 20 minutes unless otherwise indicated.
Terms of Use.
None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
MOV
About Movado Group Inc.
- Answers.com
Why Movado? And why now? Very simply, when I had my 'permission slip' to buy a new stock, I started scanning the lists of top % gainers. That incl
