Investor's Opinion

Portfolio Update

Published: 2012-05-30 16:48:00 EDT by Unknown

Since my last update where I purchased shares in ZNGA, it has tragically declined. However, as one of my few speculation plays, I intend on adding to my position if there next earnings report, indicates improvements I can believe as reasonable expectations.

Also, since my last update I purchased shares of YUM, as it finally came down enough to trigger my limit order. Now I only have one more stock to buy that rounds out my dividend strategy. It, however, seems to be resisting the market pressures better than I expected.

In the mean time I have taken advantage of the opening of FB on the option market to buy put options against it. I am extremely disappointed in its extreme over-valuation. I am expecting continued declines into the low 20s, if not further. That is my opinion, you can take it, or leave it. Disclaimer: See bottom of page.

FB - Facebook Inc
YUM -YUM Brands Inc
ZNGA - Zynga Inc

Labels: dividends, option picks, option strategies, stock picks, stock strategies, trading terminology in use

Updated: 2012-06-08 01:06:00 EDT