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Anthracite Capital, Inc. Message Board

  • msjmsj2001 msjmsj2001 Sep 23, 2002 10:56 AM Flag

    Market off 180 pts AHR up .18

    Either:

    1) New fundamental buyers seeking the high 11's yields (with prospect of increasing dividens)

    or

    2) The shorts are covering, and as a result the price is going up.

    Since the price of this stock is usually VERY strong (relatively) after dividend declaration'; and investors are looking for "sustainable" dividend income (no preparyment risk) combined with low multiples to earnings, there is a EXCELLENT chance that we are seeing FUNDAMENTAL "value" seeking AHR investors.

    If so, then the anxiety level for "short investors" has now got to be increasing by the moment. If they are watching this stock climb in the face of the market tanking (the polar OPPOSITE) of the last market decline (forgive me, for "piling on" but as you recall during the vacuum down last time the shorts were relentless.....so this is my very small attempt to return the favor), and this is, one way or the other MAKING QUITE A MARKET STATEMENT.

    It is soooooooo niiiiiiiiiiice to be on the positive side of volatility! And oh yes, I am quite thrilled to be awaiting receipt of my future dividend (that according to Harvey) means nothing. Recieving income at the rate of nearly 12% in a disinflationary/deflationary environment is simply a very good event.

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    • International Markets Giving Sell Signal

      From the March 19 closing high of 10635, the Dow turned down and by July 23 the Dow had sunk to a closing price of 7702.

      Once the July lows are tested, then violated, the market will head down to the final bottom of this particular leg of the bear market. It won't be a pretty sight, but let's face it, this market hasn't been pretty for over two years.

      Dow Transportation and international market giving sell signal.

      France CAC 40 ^FCHI 10:57am 2,783.35 -107.47��. -3.72%
      Germany DAX ^GDAXI 10:37am 2,923.36 -142.37�� -4.64%
      Sweden Stockholm General ^SXAXPI 10:37am 138.07. -4.92�� -3.44%
      Switzerland Swiss Market ^SSMI 10:57am 4,590.40 -147.10�� -3.11% ...
      United Kingdom FTSE 100 ^FTSE 10:37am 3,750.50 -109.60��. -2.84% ..

      Carolyn

      • 5 Replies to Carolyn_Novice
      • Carolyn_Novice says: "From the March 19 closing high of 10635, the Dow turned down and by July 23 the Dow had sunk to a closing price of 7702." "Once the July lows are tested, then violated, the market will head down to the final bottom of this particular leg of the bear market.."

        That is hilarious!!!

        The markets have been crashing all over and the guru you follow has you shorting AHR which is UP!!!

        You could have been filthy rich by shorting ANY of a 1,000 better stock picks!

        And now you are still trying to tell us how we should invest?

        You need to take lessons from us, Carolyn before you end being a novice by being smarter but broke! LOL

      • working_on_my_first_million working_on_my_first_million Sep 23, 2002 12:28 PM Flag

        still working, btw....

      • working_on_my_first_million working_on_my_first_million Sep 23, 2002 12:28 PM Flag

        Harvey,
        Glad to know that the transportation index may be heading lower, I was worried for a sec there. I guess I better sell my ford stock. Ya know I heard there was an elvis sighting in Utah, that must be bullish for the consumer staples. How many identities did you add to your normal name? I think the count is at 8 or so, now. Hey, no matter what, just make sure you pay me my div, mmmk?

      • yeah......hope you shorted all the EU stocks Harvey to make up for your AHR losses ........

        but why tell us about it here at AHR ?

        EU is the land of 30 hour work weeks and cradle to grave state support of you ..... how can they not drop like a stone when their economies depend on tourism or making things to sell to USA ?