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Wednesday, December 15, 2010

Oh Look! May I have Another? Coca-Cola (KO) Dividend Pay Date ...

Yes, another dividend for today, December 15th, 2010. Today is the pay date for Coca-Cola (KO) stock. $0.44 a share. This obviously affects both the Challenge Project, as well as the account for "Airelon's Challenge Chronicles". Both will be recorded in the same way.

What a ride.

Seriously.

As I mentioned yesterday on the Facebook page, we saw a break lower in prices yesterday on the news of completion of the acquisition of Nigerian Bottling Company (NBC). For those who want to dump out of KO, I can understand due to the incredible appreciation. Myself? I'll hold it through any further acquisitions. $126 million is chump change, and KO already owns most of NBC (sixty something percent if memory serves me correctly). Coca-Cola (KO) is really just completing an acquisition more than announcing something out of left field. And with a thirty percent premium over it's current price? NBC shareholders are being treated more than fairly.

This is all especially sweet when you consider the fact that I feel I made a couple of mistakes with the initial purchase of Coca-Cola (KO). Doesn't matter with Dividend DRIP investing. What matters, is survivability. The main trick with investing, any investing ... is knowing fundamentals. Knowing about survivability. Which isn't really that difficult. A company worth billions, paying out a little over 100 million for a company they already own sixty-some-odd percent of?

I'm not really too worried.

Would I buy more of Coca-Cola (KO) right now?

No.

Am I enjoying the ride?

Yes.

I swear, the last few years? It's as if I'm playing in a money playground ...



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Note: The above statements should not be construed as an investment or trading recommendation. Airelon's Investing and Trading Journal is a blog that allows subscribers to look 'over my shoulder' as it were, for my own personal specific trading and investing ideas and thoughts for the next week. But they are only thoughts as of the moment of publication, and are subject to change.. Any trades or investments that I discuss within this blog are simply my own thoughts regarding my own investing and trading outlook. Remember that entering any market is an individual decision. There is no guarantee that I will enter, or have entered any of the trading or investing ideas that I discuss in this blog; as larger accounts may require a different strategy as the ones presented here. This blog simply contains my trading and investing thoughts for the next week. I, the author do not grant this work for wide distribution beyond any single individual subscriber as this publication is protected by U.S. And International Copyright laws. All rights reserved. No license is granted to the user except for the user's personal use. No part of this publication or its contents may be copied, downloaded, stored in a retrieval system, further transmitted or otherwise reproduced, stored, disseminated, transferred, or used, in any form or by any means except as permitted under the original subscription agreement or with prior written permission. I personally only enter any market after watching and reading the tape and I trade using money management principles. The losses in trading can be very real, and depending on the investment vehicle and market, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 14 years of experience in trading and investing in these markets. Airelon's Challenge Chronicles are demo accounts,with all of the inherent problems therein, which are used within this blog in an attempt to track the results of my own thought processes., and is run as a model. Traders who should make their own decisions based off their own research, due diligence, and tolerance for risk. Any pictures used within this blog are believed to be public domain. Any charts that are displayed using the ThinkorSwim platform, and other pictures were obtained through Wikipedia's public domain policy. As a reminder, any trades discussed for "Airelon's Challenge Chronicles" would only be 'day trades' according to the parameters discussed for Airelon's Challenge Chronicles, at this stage of the game in order to escape the risk of over-leveraged gap opens in the commodity futures markets. As a 'trading sister' would have grown to the $30,000 level, I would have graduated the account into 'swing trading'. In addition, it is understood that readers have read my YouTube methodology series. It is also understood that the writer of this blog has repeatedly warned against the dangers of shadowing any other traders thoughts. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.

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