Stock: LLTC (long term hold)

[kherman]

I've seen some posts here that innvolve the market. Anyone here want to look up LLTC and tell me what you think. I have alot of shares and I got emotional. Thought it wouldn't drop under 30, but here we are at $24. I am in it for the long haul. So, as a longterm hold, what do you think?

I bought it in 3 lots:
~50 @$42
~250 @ $38
~10 @ $34

If possible, please read up on the Value Line(at your local library) review of LLTC.

I figure that 5 years from now it should be in the 50-70 range. I figure 50 is conservative. I'll be doing covered calls/collecting dividends on this stock.

Any advice.

Other stocks I own(FYI):
KIM (ROTH-IRA)
PFE (personal protfolio)
GD (401 K)

 

[kherman]

Just posting because I forgot to subscribe to this thread

 

[glen]

go for some NVDA which is cheap now.

 

[kherman]

NVDA.

Wow, P/E of 9!
I would but there is one major problem. no dividend. I do not buy stocks that offer no dividend It's a great way of tracking company performance and an even better way of seeing where the company is going. Also, I will never buy MSFT!

I'd rather go with an HD, WMT, MRK. Wow, look at Merck. Dividend is up to 4+%!!! That's my buy. Actually, it's not, but there are some good deals out htere never the less.