My understanding is that day trading is just that-you open a position and close it, no matter what, the same day. To me, it sounds like a recipe for disaster. One the other hand, short term trading seems to offer much better opportunity to take advantage of a changing market and not be whipsawed by the rigors of having to close a trade the same day no matter what.
If you look at the historical prices of most stocks that are actively traded, you are given an opportunity for profit just about every day and particularly if you look at a two day period. But are you lucky enough to catch the low and high?
SO is closing so many deals in the past few months with solar, wind and now a pipeline, makes me wonder if they are paying up to get the deal done rather than negotiating for the best price. Who knows?
An expected reduction in earnings, orders, etc. drove GBX down by $3.-for one day. Wondering what the folks that trade TRN expect to happen at the late July earnings report and the market reaction to that report.
I am fairly sure they do not have to write off the goodwill but if there is a tax angle why would they not take the 15 years of writeoffs? Is there any point where goodwill can be converted to cash?
Believe I read where the big ships carry 14000 containers when full. At $82. that's 1.1 million plus the other fees. Dang, I would not think it would cost that much to just go around South America.
Not a hater at all. I'm happy for you but from your successes at every turn for this stock, you have got to have cleaned house in the past few weeks.