I'm on the sidelines

Baseman said:

creepycoug said:

Baseman said:

godawgst said:

Baseman said:

EwaDawg said:

Baseman said:

Everything in my universe too expensive. Went heavy on Domino's Pizza between $320 - $330 and it's already back @ $380. I loved Google at $2,050. Not so much, now above $2,200.

Pared back on Bank of America (30%) and Hartford (20%) and a little of my Citi (10%). all held in my IRAs -- $0 capital gains tax

I'm a buy and hold guy -- for the most part -- but the recent run up on the former two skewed my portfolio too heavy on financials.

With dry powder I'm looking for a pullback on QQQM (baby QQQ. Lower fees) for a better entry point.

Why is DPZ off nearly 14% from its annual high?

Analysts were disappointed in sales guidance (8-10% increase instead of 10) Fine by me. I got into Starbucks three years ago when they missed and am a happy camper, looking for an opportunity to buy more

What Dominos Pizza, oops just Dominos now, has done the last 15 years was extraordinary stock price wise.

Can they continue even 1/4 of that run? What did they do that propelled the stock like it did.?

A franchise model that requires little capital outlay but is franchisee friendly. Investments in technology. Buying back shares.

Yeah, I'm a big fan of Dominos, wished I'd bought it years ago. Still has big upside going forward. I plan on owning for at least the next ten years and will look to buy more when it's attractively priced.

Any profitable company with projected 8-10% revenue growth over the next three years points to more upside.

Since it's somewhat down now, perhaps now is a good entry point for the first timers?

When Americans stop getting drunk and eating pizza and wings, we'll all be dead anyway.

Maybe dip your toe in the water. I made my first buy Feb 22 at $374. I kept buying as it went down and loaded up on March 8 @ $328.

I read in Peter Lynch's book that when he likes a stock but isn't ready to go all in he'll open a small position so it's on his radar. I took the idea and employed the same strategy and found it worked well. Even if you only have 1 share, having it on your radar makes it easier to buy more when you think the timing is right.

If you're looking for 30% return by next year, I'd say pass. If you want an exceptional company you're comfortable owning for 10 years, Dominos should well outperform the market (SP 500)

ntxduck said:

Baseman said:

Baseman said:

creepycoug said:

Baseman said:

godawgst said:

Baseman said:

EwaDawg said:

Baseman said:

Everything in my universe too expensive. Went heavy on Domino's Pizza between $320 - $330 and it's already back @ $380. I loved Google at $2,050. Not so much, now above $2,200.

Pared back on Bank of America (30%) and Hartford (20%) and a little of my Citi (10%). all held in my IRAs -- $0 capital gains tax

I'm a buy and hold guy -- for the most part -- but the recent run up on the former two skewed my portfolio too heavy on financials.

With dry powder I'm looking for a pullback on QQQM (baby QQQ. Lower fees) for a better entry point.

Why is DPZ off nearly 14% from its annual high?

Analysts were disappointed in sales guidance (8-10% increase instead of 10) Fine by me. I got into Starbucks three years ago when they missed and am a happy camper, looking for an opportunity to buy more

What Dominos Pizza, oops just Dominos now, has done the last 15 years was extraordinary stock price wise.

Can they continue even 1/4 of that run? What did they do that propelled the stock like it did.?

A franchise model that requires little capital outlay but is franchisee friendly. Investments in technology. Buying back shares.

Yeah, I'm a big fan of Dominos, wished I'd bought it years ago. Still has big upside going forward. I plan on owning for at least the next ten years and will look to buy more when it's attractively priced.

Any profitable company with projected 8-10% revenue growth over the next three years points to more upside.

Since it's somewhat down now, perhaps now is a good entry point for the first timers?

When Americans stop getting drunk and eating pizza and wings, we'll all be dead anyway.

Maybe dip your toe in the water. I made my first buy Feb 22 at $374. I kept buying as it went down and loaded up on March 8 @ $328.

I read in Peter Lynch's book that when he likes a stock but isn't ready to go all in he'll open a small position so it's on his radar. I took the idea and employed the same strategy and found it worked well. Even if you only have 1 share, having it on your radar makes it easier to buy more when you think the timing is right.

If you're looking for 30% return by next year, I'd say pass. If you want an exceptional company you're comfortable owning for 10 years, Dominos should well outperform the market (SP 500)

I was wrong. Too conservative on my outlook. Hope you pigeons got in and held.

Still in Google till 3k?