Monday, November 12, 2012

Re-bought TROX

As my faithful readers will recall, I sold my divvy portfolio stock TROX on October 23rd when I saw the poor DD earnings (driven by titanium dioxide issues). TROX has taken a 17% haircut since I sold them and is off twenty one percent since October 1st.

I have decided to essentially buy back my shares. I actually bought back three percent more shares, so in essence laid out 14% fewer dollars. They may still fall further, but I am now locked in at. 5.5% yield.  I feel pretty good about that.

I still have a major MFI purchase coming up at the end of this week.

Happy Veteran's Day everyone, and thanks to all that serve or have served our great country.

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