Not much time before market close and I want to be honest about my price at the time of my blog posts. Walmart is a cash-making machine, and this drop in share price will hopefully prove to be a good entry point. I'm keeping exposure minimal as there may be troubled waters ahead with this bribery probe. Apollo Group, in my opinion, is making long-term decisions that best position their brands and future earning potential. I don't believe that investor-funded education will fizzle out as many fear, and I believe this industry leader is well oversold.
Buy:
200sh WMT @ $57.72
600sh APOL @ $34.51
Cost:
-$32,250.00
Current Portfolio:
ReplyDeleteAPOL 1000 shares
ARCC 2500 shares
ATVI 4500 shares
BRK.B 600 shares
COP 300 shares
GE 500 shares
JNJ 400 shares
PG 200 shares
TAP 800 shares
VZ 300 shares
WMT 200 shares
P May 11 Put -30 contracts
$694,865.00 Cash