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Newcastle Investment Corp. Message Board

  • I think the prudent thing to do right now is to just sit back and wait and see what happens. The next 2 weeks are for games for the big boys. However, sometime we think we know as much as the guys on Wall Street, could be true but we don't have the contacts they do, we just have egos. A lot of us sort of know each other from the past 5-6 years of trading posts, I hope we all do good, I'm just saying be careful, very careful.

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    • Sometimes, because of the stock market action, we think the big boys know something more than us. Most of the time we would be wrong. Although there are a few cases in the news, inside trading is not as rampant as it would seem. Too much to lose. Only the really greedy would risk losing everything and going to jail. The market gyrates based on lots of individual decisions, sometimes not having anything to do with the economy or health of the company. Sometimes big boys make decisions based on the same information available to us! Its just that they are big boys and can move a stock. Good luck to you too!

 
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