Don't let the optomistic tone of today's stock market session blur your forward vision with regards to SRZ. My advice is to take your profit if you have one and tuck that money under a pillow. The Q3 report coming up on November 8th will soon bring those optomists folks here back down to earth. That report will go over with the investment community like a heavy rock sliding down a side hill. In my opinion, the so called agreement that has been reached in Europe as of today will prevent systemic turmoil to reach our shores, but on the other hand, their austerity measures over there are very likely to prevent any reasonable amount of growth within their economies for quite some time. That in turn can't be considered a plus for our economy given the amount of foreign trade that we do in that part of the world. The bigger problem at this point is our own domestic landscape and how those problems are to be addressed. Again, I hate to drill this down once again but we simply will not see any amount of economic growth including a strong housing sector until we get vast numbers of our 14.1 million un-employed American workers back on the payrolls. As long as un-employment remains stalled out around 9.1%, the general stock market at best will be range bound and the shares of SRZ will tend to go down as well. SRZ will simply not thrive in a stalled out domestic economy. Be careful out there, folks. I know you don't want to hear what I have to say, however, what I'm advising you is in the best interest of your financial health. I'm largely out of the stock market myself now and I intend to stay out.
Cheers and good investing,
RT, you d-bag, A rock does not slide down a side hill, it slides down a hillside, and it is not "drill this down" it is a "drill down" and that term does not apply in your context, however to give you the benefit of the doubt that term was probably coined ten years ago so I can believe that you do not understand the meaning.
r t is all wet
better to buy back a few shares and get right r t 's conservative leanings are simply wrong. he would tell you the market is down today and Perry is smart. r t you are not independent you are an idiolog with no place on this board any more .. p s I have more profit unrealized than you took and am a long term investor..if we get positive earnigns in the future there are 8 million shares to cover .. I can wait. pays to diversify...objective is 7-8 range [1000 % up from my 89cents]
Sorry but I have to say you are living in a "Dream Land". Please know too that I would not advocate voting for Perry. On that matter, Mitt Romney is my man and I pray that he un-seats our current president once the 2012 election is counted. You really missed the boat earlier this year by not taking your profit in SRZ - - - and now you are holding a much, much less fruitful bag. I've watched some of your other stock plays/picks. Your EK has been a complete disaster. Its going to be a very long time before you and the rest of the optimists here see $7.00 to $8.00/share with SRZ. In order for that to happen, the Q3 report would need to show a complete and strong surprise to the upside and I dare say I don't see that happening. SRZ is currently mired with stagnation due to its inability to transition from a restructuing mode to one of growth. And growth if it is to appear will not be seen here for at least a couple of years.
Cheers and good investing,
Yes, I agree with you. It will indeed be interesting to see who has the bluest butt in the coming months. The SRZ Q3 report will bring many of the optimists at this chatboard back down to reality - - - and as that happens, SRZ's share price will seek lower and lower levels. The optimists here just don't realize they are falling victim to a very short term trap. When you have a "NO GROWTH" scenario in play, there can be little opportunity for serious share price advancement. I've always taken the long term approach to stock market investing. I'm very happy to let those with frequent trading schemes take center stage. While short term/frequent trading may make one feel good, its without question not the way to acquire serious money. I played that game many, many years ago too when I was green and knew no better. Given 40+ years of investment experience, I learned over time to take the long term approach but with certain caveats. As long as our domestic economy stays in the toilet, there can be little if any serious upward share price movement for SRZ. And on that note, I see no hope here until we get a new admimistration in place in Washington D.C.
Cheers and good investing,
I used to feel that your opinions are unbiassed. But reading your post gives me the feeling this you just want see a price drop to put some of the million you made earlier in this stock and ride it higher again to another killling. While the motive is good the means is evil. Good luck with your "strategy".
If holders of Sunrise Stock sold at the bottom around $3.70 like you recommended. They would have lost nearly $2.00 a share. Who needs advice like that?
Sunrise share price is pushing the 50DMA on the way up. All Ordan has to do is beat by $.01 for a positive 3rd qtr report.
The european situation is being solved with China getting behind their efforts. You can continue to be on the wrong side or buy some SRZ Stock and take the ride up or keep drawing the fire from your former supporters.