If you are selling lower, it's your own fault that you are losing money. If you have faith in what you buy, hold on to it in a bad market. If you don't have faith, you should not hav3e bought it in the first place
Not on any long term stocks. Have had some success day trading low floaters. JVA might be over but I am now looking at LAS to day trade. In another couple weeks LAS will be a good trader. CIM is in my IRA.
Your not alone. I was lucky to get out when the last rally went to $3.92. After a year of flipping Cim, I am only up about $1500. That's not much return for the amount I play.
I think NLY is using this for their own gain. They are deluting this right into the ground and don't care.
$4 is history for this stock.
I can't see where this is a buy and hold stock. Just ask the ones that paid $15/$19 a couple years ago and now get a .13 dividend.
Wall street insiders are certainly making money. They have trained the public well.
People buy without DD on "great news" and panic sell on
"the world is ending" articles
planted by those insiders.
The game is rigged and the
little guy has to be dam lucky or very very smart to
make any money in this market.
To make a long story short,those end of the world stories, most are true but the corruption comes in the form of QE1,& QE2 & the safety they provide to hedgefunds , money managers so that they can continue to drive stocks& commodities up only to turn around & sell everything & suck the blood out of the market upon completion of these programs.
Wrong , the way I look at it, the economy is being manipulated through the fed & Obama democrats to seem to be doing well artificially . Companies are not hiring ( evident through high jobless claims over 400,000 & high unemployment rate) the majority are cutting overhead & whatever else they could get a hold of to cut,& are making it appear as if they're doing well, outside of a few companies in certain sectors that always do well regardless of the economical situation.Example aapl ,& a few others.the rest are being driven up by QE1& QE2. In the meantime , all the news that comes out is almost like a bunch of noise & nothing else when u compare it to the powerful force in which QE1& QE2 have had in moving the market. Therefore I believe corruption in the market becomes evident upon the ending of those programs ,when all the hedgefund , money managers trade the market down on all the current headlines that are out ( that's when the bad news out really comes into play & moves the market down).