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Corning Incorporated (0R2X.L)

LSE - LSE Delayed price. Currency in USD
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37.81-0.08 (-0.21%)
At close: 6:24PM GMT
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  • C
    Carl
    OK, I bought back in with 500 shares just below $38. GLW is in a sweet spot, and it does have a dividend coming within days. I knew it got ahead of itself yesterday with the Barron's article, but it is a great company with many cutting edge products. I don't believe the Barron's article said anything about their anti-bacterial paint additive which seems like a potential revenue generator as we will be virus conscience in schools, hospitals, and all public places.

    Today's give back didn't seem to have massive volume. So that is a good thing.

    Since I was sitting on around 3K shares, I wanted to take advantage of the pop. Now I will just sit back and let GLW ride. Good luck!
  • H
    HOBO
    I love the volume. it speaks volumes. we should have a good upside until the Q1 reports come. If they continue to reflect growth, up we go. Stay strong all longs.
  • C
    Carl
    I sold 40% of my holdings of GLW yesterday on the pop, and I bought it all back today under $38. I really like GLW's prospects, but I thought yesterday's jump was exaggerated due to the coming dividend. I played it safe, and just sold part. I expect GLW will move over $40 in the next month or two, so I wanted to keep my position. Good luck!
  • C
    Carl
    Well, it dropped more today, so I tripled my 500 shares. I think the company is just too good to give back just about all of the momentum it gained from the great Barron's article. I am not seeing a large amount of volume, so I think GLW is definitely a good long term play that will let you sleep at night. I hope I am right.

    Hey, on a bright note, my wife and I got our second PFE vaccine shot today. Because of the snow in the NE, we left early and got there at the open. The line was long, but we were happy to get the shots. A friend of our said they returned home because they heard that the site was closing due to the snow. Bummer. I shoveled my large driveway as much as I could just in case I feel crummy tomorrow.

    Stay safe!!!
  • C
    Carl
    Looks like GLW is going to get the Barron's Bounce today. The article I read was quite positive, and it pointed out that GLW has a lot of irons in the fire going forward. It is about time that a real company with real earnings is getting noticed.
  • C
    Carl
    Pre-market looking good. Let's see if GLW is able to regain $38. The fundamentals are solid, so I think it is quite possible.
  • A
    Anthony
    Collecting cheep shares for the dividend on the 26th raised 9% to .24 a share we should start moving up next week.
  • C
    Carl
    Hey, here we go again. Reason has returned concerning GLW intrinsic value, and I guess some buyers might be chasing the dividend. Glad I bought back a big chunk. Good luck!
  • s
    sdmull1
    GLW is shining in PM; very nice article in recent Barron’s. GLTA involved.
  • N
    Nicodemi
    GLW is way underpriced. Conservative estimates for the near future are $45.
    GLW is both a industry and a technology company. It is in the best position that I have seen in the last 30 years. I predict that this security will be at least $62 by the end of the year perhaps even more.
  • A
    Anonymous
    from Fatta
    Cornings innovation for Mercedes Benz. Pretty awesome.
    https://youtu.be/FBLVSxXcTuE
    The MBUX Hyperscreen takes the operation and display of infotainment, comfort and vehicle functions to a new level thanks to Artificial Intelligence (AI). Su...
    The MBUX Hyperscreen takes the operation and display of infotainment, comfort and vehicle functions to a new level thanks to Artificial Intelligence (AI). Su...
    www.youtube.com
  • C
    Carl
    I bought a couple of hundred shares more under $37. The company beat earnings and is predicting above estimate earnings for next quarter. It is raising its dividend 9% for this quarter. Barron;s had a analyst this week who raised price target to $44 on strong prospects. I can't think of a better bargain than GLW at these levels. I have no idea why anyone would want to dump shares at this price and just before getting the dividend. Just my thought. Good luck!
  • C
    Carl
    Looks like GLW has bounced back from the sell-off. It dropped at the end of the day as some fund or funds just dumped thousands of shares. It beats me why they would do that as GLW has solid prospects, accelerating earnings, and a decent dividend. Maybe they wanted to buy Bitcoin or something. I bought another 300 shares on the dip. GLW may bounce around a little, but it is a true company with solid fundamentals that you can buy and still sleep at night. Good luck!
  • C
    Carl
    I sold the Barron's Bounce. I like GLW, but today's reaction seems overdone to me. The story was basically the same as the analyst update they gave the week before that raised their price target for GLW to $44. I may regret selling, but I couldn't resist the tremendous jump. If the price settles back a little in the days to come, I will certainly buy back in. Good luck. I was lucky to have some bank holdings today also. I have a big chunk of WFC, but I held it because it is so beaten down and expectations are so limited at this point. Good luck!
  • d
    desert rat
    Well, 5G didn't roll out as quickly as once believed it would. Local, fed and state regulations contributed to that. Now that whatever nightmarish paperwork and palm greasing that required is at least known territory, things are humming along and the demand for fiber for the "last mile" should continue to increase. I think $42 for GLW in the next 6 months is very realistic.
  • J
    JPM
    Over the years I have bought 249 shares with an investment of approx. 4k. Through div reinvest I now have 313+ worth over 11K. I can not complain.
  • C
    Carl
    Looks like the market and GLW may be weak today. GLW blew through resistance yesterday, but some long term holders may be tempted to take some profits. I sold my 3K shares yesterday, but I may buy back in if the stock pulls back to $38. Good luck. GLW is a good stock, and I enjoy holding it because of its potential. I only sold because the Barron's Bounce often peters out somewhat in a couple of days.
  • A
    Anthony
    Back to 38+ today
  • J
    Jill
    Thanks Barrons for a great article. Going to have to have the good wine tonight! Heck, I`m gonna even buy the Mrs the PREMIUM roses!
  • A
    Anthony
    Hugh volume on 31 calls today may 21 ex