Saturday, November 22, 2014

Stocks Going Ex Dividend the Last Week of November


  

Here is our latest update on the stock trading technique called 'Buying Dividends,' also commonly referred to as 'Dividend Capture.' This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets, and can work in flat or choppy markets, but you need to avoid the technique during bear markets.

In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, and the yield.


Lockheed Martin LMT 11/26/2014 3.3%
MidWestOne Financial Group, Inc. MOFG 11/26/2014 2.4%
Qualcomm, Inc. QCOM 11/26/2014 2.2%
Reinsurance Group of America Inc. RZA 11/26/2014 7.1%
Triangle Capital Corporation TCC 11/26/2014 7.8%
TAL International Group TAL 11/28/2014 7.1%

The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at WallStreetNewsNetwork.com or WSNN.com. Most of the lists are free. Dividend definitions:
Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List

Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Book now available: Buying Dividends Revised and Expanded

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Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written.


Thursday, November 20, 2014

More Books for the Holidays

If you are looking for additional books, either as gifts or for your own personal reading, here are a couple ideas.

Tony Robbins, the famous self-help guru, has just come out with a new book, his first in 30 years. The book is MONEY Master the Game: 7 Simple Steps to Financial Freedom and has already received rave reviews.

If you haven't read Flash Boys yet by Michael Lewis, you really should. It covers high frequency trading and the related front running, in a fascinating way. Almost like a stock market mystery.

Happy reading!

Wednesday, November 19, 2014

Stock Market History Through Old Photos

Back in the old days, the stock market and the economy in general had a huge effect on the American public, even those who never invested in their life. Here is a selection of fascinating photographs, which captured the histroy and spirit of the times.

The Crash of 1929
This photo was taken shortly after the crash of 1929. Just one example of the desperation people experienced. 


Central Park
This is what Central Park looked like at the beginning of the depression in 1930. People set up shacks in the park since it was their only option of having a roof over their heads.


Making Clothes from Flour Sacks
During the Depression in the 1930's, women were making clothes out of flour sacks, so the flour companies started making the sacks with designs and flowers on them.


Disney (DIS)
Disney was popular even during the early 1930's portion of the Depression. This is a meeting of the Mickey Mouse Club.


Harley Davidson (HOG)
 Harley Davidson, the famous motorcycle company, started small, building its first products in this little building back in 1903.

Tesla (TSLA)
 Where did the name Tesla come from? Nikola Tesla, the famous electrical inventor. That is not Tesla above, but Mark Twain in Tesla's lab in 1894.

Weeding Out the Best Pot Stock: GW Pharmaceuticals

Headquartered in Salsbury, United Kingdom, GW Pharmaceuticals (NASDAQ:GWPH) uses its proprietary cannabinoid product platform to create and develop new therapeutics that can be used for a variety of treatments. The company's therapeutics, along with current and proposed treatments, include:
·      Sativex® for treating chronic cancer pain and multiple sclerosis spasticity
·      Epidiolix® for the treatment of childhood epilepsy, Dravet syndrome, and Lennox-Gastaut syndrome
·      Cannabidivarion for treating epilepsy
·      GWP42003 for treating ulcerative colitis and schizophrenia
·      GWP42004 for treating type-2 diabetes
·      GWP42002: GWP42003 for treating glioma, a tumor that starts in the brain or spine
One important development is that Sativex® was given Fast Track designation by the FDA for the treatment of chronic cancer pain in patients with advanced cancer who are not responding to opioid therapy. It is currently in a Phase 3 program for cancer pain with the FDA. Sativex® is already approved in 26 countries for spasticity caused by multiple sclerosis.

Strong Cash Position and Growing Revenues
In an industry where most companies don't even report revenues, GW has been generating revenues for years. For the latest reported quarter, revenues were up by 4.9%. Although the company has been generating losses, it has a huge cash cushion from its secondary offering in June of this year, netting the company $118 million, an increase of 342% in cash position over fiscal year end last year.

GW  in GBP 000's
6/30/2014
6/30/2013*
% Change
Revenue
7,611
7,258
 4.9%
Cash
168,268
38,069
342.0%
Total Equity
157,774
35,402
345.7%

Balance sheet data as of 9/30/2013, fiscal year end




Revenue Growth
Revenue growth was primarily due to an increase in Sativex product sales generated by a rise in shipments to the company's commercial partners. In addition, total net revenues were helped by an increase in income from license, collaboration, and technical access fees.

Net loss went from GBP 2.028 million to GBP 6.928 million, due to a higher cost of sales from the higher volume of inventory shipped, an increase in research and development expenditures, and a rise in administrative expenditures caused by increased staffing expenditures and an unrealized loss on foreign exchange.

Inventories have remained constant over last year, at roughly GBP 4.7 million. In regards to guidance, the company expects strong double digit revenue growth for 2014.

Business Developments

Epidiolex®
FDA Authorized Physician-Led Access Program with about 100 children now receiving treatment in the United States at six hospital locations.

Orphan Drug Designation, Fast Track Designation were granted. An Investigational New Drug Application  has been opened with the FDA for the treatment of Dravet Syndrome. An additional Phase 3 trial is on track to begin in 2015.

Orphan Drug Designation was granted by the FDA for treating Lennox-Gastaut Syndrome. Phase 3 trials are on track to begin in 2015.

The company is collaborating with New York State and Georgia for Epidiolex clinical trials for epilepsy.

Sativex®
Phase 3 cancer pain data is expected to be released at the end of 2014, which would lead to an FDA New Drug Application.

Cannabidivarin
A Phase 2 trial for epilepsy should begin at the end of 2014 or the beginning of 2015.

Competitiion

Competition for this company could be looked at several ways. It could be examined as a biotech company, such as Biogen (NASDAQ:BIIB) and Questcor (NASDAQ:QCOR).

Or it could be looked at as a medical marijuana company, of which there are dozens. However, most of the other companies in this field are microcap stocks and penny stocks. The nearest competitors, based on large market cap, are Solvay SA (OTC:SVYZY), at a $13 billion market cap, which produces Marinol, a form of the primary marijuana ingredient tetrahydrocannabinol, commonly known as THC, and Valeant Pharmaceuticals Intl.            (NYSE:VRX), at a $42 billion market cap, which  distributes nabilone/Cesamet, a form of synthetic THC. Yet, in both of these cases, the THC drug is only a small part of their business.

If you are looking for other competitors, you can find a list of over 100 marijuana stocks at WallStreetNewsNetwork.com, along with information on the Stockerblog.com Marijuana Stock Index.

Timeliness
In the recent November election, Alaska, Oregon, and the District of Columbia have legalized the recreational use of marijuana. However, what is more important, and not many realize, is that 23 states have already legalized the use of medical marijuana.

Summary
GW Pharmaceuticals is a worldwide leader in the development of plant derived cannabinoid therapeutics.
GW is one of the few medical marijuana stocks with a market cap of over a billion dollars.
The company has been in business for 15 years and has produced the first marijuana related prescription drug, Sativex.®
It recently raised $118 million in a secondary offering.
Revenues for the latest reported quarter were up 4.9%.

Conclusion
GW has had a heck of a run this year, doubling in share price, so an investor obviously has market risk, and considering the speculative nature of the stock, if the stock market tanks, this stock could suffer much more than the average stock.
As is typical for many biotech companies, GW is not generating earnings yet. On the plus side, the company is increasing quarterly revenues on a year over year basis and has several therapeutic products in the pipeline. In addition, it is flush with cash.
So for investors that are willing to take the risk, and want to participate in the medical marijuana industry, you can't find a more solid pure play than GW Pharmaceuticals.


Disclosure: Author did not have any positions in any of the above at the time the article was written and has no plans to do so in the next 72 hours. 

By Stockerblog.com

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