Nice stock to own, and a nice upside, now with year end holiday season, Windows , XBOX and MSFT products should sell as hell, and HUGE PROFITS, should be made by MSFT. INTC tomorrow will announce earnings release. It should give us all a clue. MSFT shares should soar on profits, and huge revenues, due holiday season XMAS purchase of their products. Weak dollar also good for MSFT as they can export more and cut their prices in 20%( U$ X EU ) relation today, without having to lose revenues in U$ currency worldwide.
So, good luck all with your trades, I'm long in here till $33 when I will re-evaluate my position, mike
There is a misconception about JPM shorting here. JPM is simply offsetting the newly issued shares it will receive from Softie with short sales so it will have a 'flat' position at the end of the 15 day period and pocket its fee risk free. JPM won't have to 'cover' its short sales because the newly issued shares will replace the shorted shares. In other words, there won't be a 'short-covering' period.
Yeah Zog, you would hope not but if you watch minute by minute trades it makes one suspicious. Always seeing large institutional sells of between 20-70,000 shares fighting against the smaller individual buys
As much as I'd like that to be the case, I can't imagine that this is being done... at least not without raising some serious ethics questions.
It'd take a lot of pressure to hold the price in a range artificially, and surely that'd raise some red flags.
Doubt we'll ever know, though... it's one of the things that makes the average investor really feel like a pawn either way...
Is this guy for real?
I mean, not to be simplistic or anything, but Arabia is mostly desert, where camels have long been useful... Canadians and penguins, on the other hand, live at opposite ends of the planet. How old does one have to be to know such things...