Whither Brexit?

Discussion in 'Stock Market Forum' started by baudwalk, Jun 15, 2016.

  1. baudwalk

    baudwalk Senior Investor

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  2. admin

    admin Administrator Staff Member

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    Thanks, interesting take its funny because every official poll I see indicates a "remain" as the biggest percentage but all of the independent polls around the web done by various forums all indicate a huge percentage swing for the leave campaigns, most of which significant values such as 69% leave, 17% remain and the remaining undecided.
     
  3. baudwalk

    baudwalk Senior Investor

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    The Brexit polling is probably as poor/varied as the USA presidential elections. One has to look at whose interests are being gored, who is doing the polling and the sample size.
     
  4. baudwalk

    baudwalk Senior Investor

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  5. JR Ewing

    JR Ewing Super Moderator Staff Member

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  6. baudwalk

    baudwalk Senior Investor

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    I guess I am stupid. Some companies with nothing to do with the UK are getting hammered. Why is $BBY <$30? $VZ is the only one in my portfolio that is up since Thursday.

    $AAPL, $DIS and $F sell product in the UK, and prices drop to ~$91.50, ~$94.10 and ~$12.00? Silly oversell. The $F dividend yield is now ~5%. If I had funds I'd load my Edge Sport, drive over to the broker and buy more $F.

    The good out of this nonsense? Many of my holding are about to pay dividends. The low prices just means more shares with the probability of price appreciation.

    Tip: $DHT has been hammered down to ~$5 today, putting the dividend yield at 20%. Analyst calls today project a $6 price target within a year. IMHO worth a flyer. HTH. YMMV.
     

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