Archive | 2.33

Caffinated Yet?

22 Oct

Starbucks has been my longest holding in any stock.  I’m glad I didn’t let go of this brewing company when it traded down in the dumps at around $7.00.  I had bought in at $18 of February 2008, it was a tough time for me but I remained optimistic that it’ll bounce back eventually.  During the fall and rise between 2008-2009, the head CEO came back to Starbucks to reorganize their structure and it paid off big time.  To date, I have a 50% gain plus they have started to payout dividends in 2010.  Looking forward to the upcoming earning report… this might be a break it or lose it moment for me.