RH went BQ and then came back on the open market. I have never been an investor in this stock but I have a rule: NEVER buy a stock that had prior BQ. They don't deserve my money. I wish I had noticed this at $100 per share because I may have been tempted to short it.
Let's be honest. Investors over analyze companies all the time and settle into a buy decision. When the stock goes down and they get killed, they wonder what the hell happened. I don't over analyze. I buy out of favor sectors that are due for a come back and try to pick solid companies. I think my original question is fair. For the #$%$ who think I am bashing, well it just goes to show nothing has changed on Yahoo message boards since the 1990's.
Bad news for DRYS today, doubting their ability to stay afloat (no pun intended). A shot across the bow for all shipping companies. I was looking at their debt and then compared it to CPLP's debt. I don't normally look at debt (my bad). Just curious how those who know this stock best feel about CPLP's ability to continue to weather this horrible business environment. I currently own CPLP but don't want to wake up one morning and see a similar headline news. TIA.
FDA decision is May 26 and the weekly options expiring May 27 are sky high at 39%. So call writing is too risky to justify those options. But, next weeks options expiring May 20 offer 9%. Is anyone selling calls on that? You could collect that nice premium and be out of the stock prior to the FDA decision.
more scarce!? Everyone one and their mother is producing oil. We have a glut. Scarce????
Agree that Tues is ex-div date, but it sure is weird that today the stock is down by exactly the .28 cent dividend.
Almost suggesting that today is the ex-div date. Just a weird coincidence.
a 1099 would certainly be a tax issue like the original poster was asking. I don't own this, but UBTI is the main issue in an IRA with MLP's. Hard to imagine that and ETF of MLP's does not have an IRA tax event. The UBTI has to go somewhere.
I would buy the news. Remember, you always have the possibility of rising oil prices that will also cause PBR to rise. You have 2 catalysts to bet on.
PBR will move higher from here and fast. Just think back to the Brazilian elections when it "appeared" that Dilma would not get re-elected. PBR really took off. Alas, it was not to be, but you can see PBR's move today makes sense in light of the impeachment news.
Someone may have bought the stock at $3 and sold the calls for 33%. Hard to tell if this is a buy or sell...