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Corning Inc. Message Board

  • icesailor69 icesailor69 Sep 16, 2008 5:44 PM Flag

    GLW now the most undervalued??

    ....seems like it to me. Its taken a hit along with everyone else when it was already down 20 percent from where it should trade....am I wrong to think that this stock should be trading in the 19 dollar range?

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    • Here is the direct email address:

      rule-comments@sec.gov

      Here is the web-based form URL:

      <<<http://www.sec.gov/cgi-bin/ruling-commen... >>>>

      My crack-pot small-voice-in-the-wilderness position is:

      1 - The SEC should enact a temporary ban on ALL short selling in US markets

      2- The SEC should enact a temporary ban on sale of all stock market put options

      3 - The SEC should temporarily halt trading in all short and ultrashort stock market ETFs

      4 -The waiver on the uptick rule should be ended permanently

      5 - The SEC should institute these changes immediately without any further warning for maximum impact

      6 - The SEC should go to the US government and request mandatory reporting of short selling activity in foreign markets and application of economic sanctions upon countries where significant abuses continue

      It is high time to declare war on -- and financially ruin -- those -- who through abusive short selling in all its nefarious guises -- are ruining the US economy for their own private gain.

      We have all seen what abusive short selling has done to Bear Stearns and Lehman,. Now we are seeing what it is doing to American capitalism in general. It is long past time for the SEC to launch World War III upon the shorts. If the head of the SEC does not act upon this crisis within 24 hours, he should be summarily fired and publicly humiliated for his rank incompetence.

      JMHO

      Feel free to cut and paste.

      Wired

    • you are not wrong, I bought several Calls at 17.50 and am losing my shirt.

      this stock has always been overbought and oversold. It may take some time, but it will go back up....

    • The street doesn't seem to think so. We longs do, but we have done our best to make it happen and we don't have enough money. How's that buy back doing?

 
GLW
23.32+0.10(+0.43%)Dec 26 4:00 PMEST

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