Glatfelter - Gone!

Who said I get emotionally attached to a stock? :P

So, Wednesday, I set the sell price at $20 - it had closed Tuesday at 18.98 and was running up for the dividend payout date.  I did not expect it to sell at that price, and it didn't.  Meanwhile, I was researching all the financial data available and found out just how volatile this mid/small cap stock was!  I was also using this as opportunity to learn about financial indicators.  Now, it can all mean nothing if an Enron or a 9-11 situation happens, but I would say a few red flags on the numbers should be cause for attention.  GLT has SO many red flags.  So right before the bell, the stock was at 19.89, one dollar higher than previous close.  If I sold, I would be making $80 in a day.  The stock was up 24.88% from when I bought it (15 and change) ten years ago, so I would be making over 5 years of dividend yields after 10 years from a volatile stock, even after trade costs.  I pulled the trigger.

I spent the rest of the afternoon researching which two stocks to buy.  I wanted to make more per year with my two new combined stocks, so I created a formula in excel to determine that.  I then wanted stocks with no red flags in their financials currently, with an annual yield of around 3%.  I then looked at their 52 week high/low position (I prefer it to be on the low side).  I found one consumer/noncyclical and one energy stock.  Energy stocks are SO attractive in the Trump administration - I'd like to own more of it.  Here's a snapshot of my "scratchpad":
  
 

						Symb	Annual	Beta	P/E	Yield
						NEE	43.12	-0.17	17.34	2.76
						KMB	46.56	0.51	21.7	2.95
						PEP	42.12	0.26	25.04	2.78
Price	Shares	Div	Annual			D	60.8	0.08	21.81	3.88
62.19	12.0	0.52	24.96			PG	46.92	0.37	24.79	3.11
						MO	48.8	0.33	10.19	3.24
	Edit column B for amount of $					KHC	43.2	0.38	31.14	2.74
						SO	74.24	-0.13	18.36	4.7
						QCOM	63.84	1.49	18.44	4.11
			12 shares 24.96 annual			WEC	52	0.05	20.92	3.32
			14 shares 26.88 annual			GIS	53.76	0.64	20.58	3.53

   Today was a bloodbath - but a good day to buy!  Everything dropped in my portfolio and my watchlist, unlike Wednesday when everything went up.  The only two stocks that did not drop were Abbot Labs and my son's farmland stock.  I had calculated to buy 12 and 14 shares of WEC and GIS respectively.  Because of the price drops, I was able to snag 13 shares of WEC and 14 shares of GIS.  

 WEC!  I got another energy stock.  Despite the fact I recently watched the Enron documentary which was an energy broker, I feel like this is the time for energy to shine.  Free from regulations, out of the Paris accords, OPEC walking around confused, I think this is a good one to hang onto.  Current annual dividend $2.08/share.

General Mills - not much to say here.  $1.92/share annually.  I'm going to create another page with a bar chart of my annual earnings.  I'll probably update my Current Holdings page tomorrow.

One thing I did learn, I *could* have waited until the opening to sell my GLT shares - and still be eligible for the dividends.  The price was fine for the first 15-30 minutes then declined about 20 cents/share by the end of the day.  Live and learn - I'm out $10.  I'll always have a soft spot for GLT - it was the stock that made me aware of the possibilities of dividends.