The Virginian
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"Formal education makes you a living, self education makes you a fortune."
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Post by The Virginian on May 27, 2011 12:48:08 GMT -5
Is it time to the Pfizer stock?
msnbc.com
updated 5/27/2011 8:34:38 AM ET
Hundreds of reports of suicides, psychotic reactions and other serious problems tied to the popular stop-smoking drug Chantix were left out of a crucial government safety review because Pfizer Inc., the drug’s manufacturer, submitted years of data through “improper channels.”
Some 150 suicides — more than doubling those previously known — were among 589 delayed reports of severe issues turned up in a new analysis by the non-profit Institute for Safe Medication Practices.
“We’ve had a major breakdown in safety surveillance,” said Thomas J. Moore, the ISMP senior scientist who analyzed the data. The serious problems — including reports of completed suicides, suicide attempts, aggression and hostility and depression — had been mixed among some 26,000 records of n on-serious side effects such as nausea and rashes, with some dating back to 2006, the year Chantix, or varenicline, was approved.
They echo previous claims that the drug can induce extreme reactions in people trying to quit cigarettes, including vivid nightmares, crippling depression and sudden, violent outbursts.
“It’s really chilling,” said Moore, who analyzed 26 Chantix reactions in a paper published in the September 2010 issue of the Journal of Pharmacotherapy. "This seems to unleash something in people. It can be violence to anything around."
Moore's case studies describe "inexplicable and unprovoked" reactions in Chantix patients with no previous history of violence or mental illness, including:
A 24-year-old woman who started beating her boyfriend in bed because "he looked so peaceful" and later attempted suicide; A 42-year-old man who punched a stranger at a bowling alley; A 47-year-old woman who died after she came out of a room, yelled at her daughters and then shot herself. Federal Food and Drug Administration officials acknowledged that they asked Pfizer to resubmit thousands of records after realizing that the company was sending required reports in an inappropriate format that could
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The Virginian
Senior Member
"Formal education makes you a living, self education makes you a fortune."
Joined: Dec 20, 2010 18:05:58 GMT -5
Posts: 3,629
Today's Mood: Cautiously Optimistic
Location: Somewhere between Virginia & Florida !
Favorite Drink: Something Wet & Cold
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Post by The Virginian on May 27, 2011 14:46:51 GMT -5
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The Virginian
Senior Member
"Formal education makes you a living, self education makes you a fortune."
Joined: Dec 20, 2010 18:05:58 GMT -5
Posts: 3,629
Today's Mood: Cautiously Optimistic
Location: Somewhere between Virginia & Florida !
Favorite Drink: Something Wet & Cold
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Post by The Virginian on May 27, 2011 17:22:08 GMT -5
My wife just told me I have to go to the Zoo tomorrow - Any Dividend Stocks for Zoos? ;D
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Aman A.K.A. Ahamburger
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Viva La Revolucion!
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Post by Aman A.K.A. Ahamburger on May 27, 2011 21:30:53 GMT -5
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on May 28, 2011 22:43:22 GMT -5
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The Virginian
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"Formal education makes you a living, self education makes you a fortune."
Joined: Dec 20, 2010 18:05:58 GMT -5
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Location: Somewhere between Virginia & Florida !
Favorite Drink: Something Wet & Cold
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Post by The Virginian on May 29, 2011 14:53:16 GMT -5
I survived the trip to the Zoo - actually enjoyed it. I learned animals are a lot like people - ( Only more polite) ;D
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Jun 2, 2011 0:38:29 GMT -5
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Driftr
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Post by Driftr on Jun 2, 2011 8:31:22 GMT -5
Thanks for the multiple links Ahamburger. Not buying anything additional just yet. Really just trying to talk myself into more dividend payers rather than some pretty metal, but once I convince myself to stay with 'the plan' late this month or mid-July the links above should prove quite useful.
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The Virginian
Senior Member
"Formal education makes you a living, self education makes you a fortune."
Joined: Dec 20, 2010 18:05:58 GMT -5
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Today's Mood: Cautiously Optimistic
Location: Somewhere between Virginia & Florida !
Favorite Drink: Something Wet & Cold
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Post by The Virginian on Jun 2, 2011 12:28:31 GMT -5
Drifter - It is hard to buy stocks when the market is declining and the economy is tanking but I just keep telling myself the Dividends keep coming and eventually the stocks will recover - If Armageddon comes then even Gold won't do you much good - Can't go to the store and spend it ( Especially true if you only have paper gold) . I'm looking at a declining market as a buying opportunity right now - but sometimes making decisions on which is the best is hard - Sometimes I just roll the dice.
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Driftr
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Post by Driftr on Jun 2, 2011 13:03:35 GMT -5
I agree it's a buying opportunity right now. That doesn't stop me from thinking we'll be able to get a better deal if liquidity is drained. It also doesn't stop me from thinking SLV could be a better play if liquidity spigot is re-opened.
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decoy409
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Post by decoy409 on Jun 2, 2011 13:05:57 GMT -5
Driftr, just watch for and look ahead for those daily drive bys in the old slv.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Jun 2, 2011 14:05:32 GMT -5
Thanks for the multiple links Ahamburger. Not buying anything additional just yet. Really just trying to talk myself into more dividend payers rather than some pretty metal, but once I convince myself to stay with 'the plan' late this month or mid-July the links above should prove quite useful. NP, that's what I was hoping for. I like to get ideas on what to buy when things look okay. It can be hard when there is blood in the streets and it's time to buy.
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Aman A.K.A. Ahamburger
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Viva La Revolucion!
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Post by Aman A.K.A. Ahamburger on Jun 3, 2011 21:40:07 GMT -5
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The Virginian
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"Formal education makes you a living, self education makes you a fortune."
Joined: Dec 20, 2010 18:05:58 GMT -5
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Today's Mood: Cautiously Optimistic
Location: Somewhere between Virginia & Florida !
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Post by The Virginian on Jun 4, 2011 8:50:47 GMT -5
Looks like AWK is the one for me! Thanks A
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Jun 4, 2011 12:52:03 GMT -5
NP V,
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Deleted
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Post by Deleted on Jun 7, 2011 10:28:39 GMT -5
I have moved some of my portfolio to more utilities
With the unknowns today, safety is becoming more pivotal
Current holds GE CNP MO DUK NWE GRT DHY JNJ AGD PM CAT
Afew small positions in others, but safety is number one goal at this point
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Driftr
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Post by Driftr on Jun 7, 2011 10:33:54 GMT -5
I just found out my quarterly dividend from HNZ went up 6.7% from .45 to .48. That'll play.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Jun 8, 2011 21:46:37 GMT -5
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Jun 10, 2011 23:57:49 GMT -5
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Driftr
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Post by Driftr on Jun 14, 2011 8:57:48 GMT -5
JNJ dividend just paid today. Not sure how I missed it, but they increased theirs too. .54 to .57 = 5.55% increase. Cheers!
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The Virginian
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"Formal education makes you a living, self education makes you a fortune."
Joined: Dec 20, 2010 18:05:58 GMT -5
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Location: Somewhere between Virginia & Florida !
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Post by The Virginian on Jun 14, 2011 10:28:06 GMT -5
Dividends are great - I have all mine being reinvested so I'm buying at what I think are bargain prices! Best of both worlds!
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Driftr
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Post by Driftr on Jun 14, 2011 10:39:00 GMT -5
Dividends are great - I have all mine being reinvested so I'm buying at what I think are bargain prices! Best of both worlds! How does that work? Do you get 'part' shares, or do you get as many full shares as possible and then the remainder gets dumped in as cash to your account? You doing this through a broker or direct with the companies? I'm assuming no brokerage fees if you re-invest? How are they handled for tax purposes? I'd expect just the same as normal dividends are taxed, but if there's a tax benefit there, it would be interesting to hear about it.
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Deleted
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Post by Deleted on Jun 14, 2011 16:01:37 GMT -5
Just ran my new sheet
I am at current yield of 3.31% on my portfolio of stocks
That includes a few smaller holdings that pay no dividend
Still hoping to see another 500-700 points in corrections
A few new stocks on my watch lists as they have been battered
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The Virginian
Senior Member
"Formal education makes you a living, self education makes you a fortune."
Joined: Dec 20, 2010 18:05:58 GMT -5
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Today's Mood: Cautiously Optimistic
Location: Somewhere between Virginia & Florida !
Favorite Drink: Something Wet & Cold
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Post by The Virginian on Jun 15, 2011 15:19:00 GMT -5
I use Charles Schawb - I research the stocks & place the orders to buy or sell online. I think they charge $9 per trade regarless of the number of shares bought or sold. I have mine in an IRA account so there is no tax consequences. When you purchase the stock there is a box to check if you would like to reinvest the dividends in more stock. If you choose to do so they just put the dividends towards more stock and yes there are fractional shares involved. ( To my knowledge there is no cost incurred) If you choose not to reinvest you can put them in a bank account or a money market account to use as you wish.
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Driftr
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Post by Driftr on Jun 15, 2011 15:45:11 GMT -5
Hmmm. The places where I have my brokerage & IRA accounts charge less than Schwabb, but I don't remember seeing a box to re-invest dividends on either. Avoid the fee I pay each quarter as I buy more of the one stock I typically choose, or lose a little flexibility by being 'forced' to buy more of everything I own and pay no fees.
Thanks for the info. Food for though.
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Deleted
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Post by Deleted on Jun 15, 2011 15:49:58 GMT -5
My broker doesnt have that option either
But...i am not sure i like the fractional shares idea
What happens on dividends or splits with fractional shares?
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bimetalaupt
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Post by bimetalaupt on Jun 15, 2011 21:24:12 GMT -5
Post # 224-Mr. "V" "If you choose not to reinvest you can put them in a bank account or a money market account to use as you wish" -The money mkt or bank account better be a IRA...because the dividends and gains are IRA distributions and are subject to tax. Driftr-many brokerage outfits don't offer the option to "reinvest" dividends and earnings back into the investments that generate them...so you lose the compound effect...you could do a cross purchase where you have them reinvest into another fund that does. gdgyva-keep in mind more fractional shares beget more fractional shares which add up to full shares which count towards more reinvestment. Keep in mind that full and fractional shares are only an accounting measure to keep track of what they owe you....and the more you have...the more you get when they are calculating distributions and cap gains pay outs! Frank , If your broker does not , you can save the money and consolidate with added cash to buy when the market is down one stock/etf to rebalance your system..OK you do not get fractional shares and have to pay an fee but that is how we did it in the old days.....with the market going in strong in a wide band you could average price less then reinvesting on the same day as everyone else does... The dividend paying day is on average a few percentage points higher then the average price.. or was at one time.. Bruce
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Jun 16, 2011 0:04:22 GMT -5
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Driftr
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Post by Driftr on Jun 16, 2011 7:48:33 GMT -5
Driftr-many brokerage outfits don't offer the option to "reinvest" dividends and earnings back into the investments that generate them...so you lose the compound effect...you could do a cross purchase where you have them reinvest into another fund that does. You only lose the compound effect if you let the dividends getting paid sit in cash the way I've been the last couple quarters. The bright side of not doing an auto-re-invest is I get to choose which stock I re-invest (or better said additionally invest) in each quarter with the proceeds from all the dividends I've received in the previous quarter. That allows me to even out income streams between the months or manually balance the weighting between different sectors. It also allows me to sit out for a couple-few quarters when I see things that concern me about current market trends like the end of 'official' QE. On the minus side, if I wait too long the markets could run away from me and I'm paying a trade fee once a quarter in each account. That fee isn't really material as at this point it's around a 10th of a percent of the $ I'm putting in play each quarter. Even less when I hold off a few quarters like now. And Bruce, yes, I've noticed how stocks tend to get a little bump just prior to their ex-div (not paid) dates followed by a dip just after. I'm not that kind of investor where I just swoop in for the dividends though. There may be money to be made doing that, but I figure the algo's are faster and smarter about doing that than I'll ever be.
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Driftr
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Post by Driftr on Jun 16, 2011 15:06:04 GMT -5
Just ran my new sheet I am at current yield of 3.31% on my portfolio of stocks That includes a few smaller holdings that pay no dividend Still hoping to see another 500-700 points in corrections A few new stocks on my watch lists as they have been battered As of 5/31/11 My IRA was yielding 3.62% and my brokerage was yielding 4.52%. I haven't re-run the numbers since then, but I'd expect the yields are better in both today... ;-)
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