Dollar Deneral (DG) down over 17% today on earnings miss and downgrade. Don't follow and have not a clue if it's a good buy at this point. This type of cheap retail might weather a recession better than a mid level retailer.
IMO it's likely TPVG dropped because it went up yesturday with Janet yelling in the evening od the day before ExDay . No doubt a downgrade did not help. That all the reason I would need to dump and run. I put in a Low ball bid but inclined to pass . This is the time to sell it not buy it.
BBOC, is correct short covering can drive up a stock price. Central Bank policy is a more powerful market force than short covering over time anyway. I don't think everybody knows anything about market movements. Market movement is controlled by investor emotions and nothing more. Slick calling a bull market has no more effect than you pumping your short position with doom and gloom predictions. When enough Capital decides the party is over then it will be over. So called Helecopter Money and Central Bank policy is currently making investors Bullish.
Bear, If the traders selling a #$%$ load of shares wanted to trade incognito, he could . Forever skeptical me thinks the person wants to make a show and start a run to the exit, he wanted to destroy the PPS. The insanity are the lemming who follow him.
I don't believe anything about oil supply that I read or hear. While some make be technically correct it's usually taken out of context due to writer bias. I also don't repeat the drivel. You see I don't believe the big picture changes dramatically ever few days .
I think food, water and clean air will be a better investment in the future than Gold. At one time on earth Gold was the most recognized medium of exchange but no more . I have a little as a trade.
I share the same opinion of BDC Buzz-ard as I do PSEC. I trust neither . But I will take a chance on PSEC at a new low when the opportunity arrives.
Jim Cramer reads what him keeper puts on the monitor. His 10 second DD of a unknown stock are a sick joke . Even real opinions of stocks in his portfolio are expressed poorly. I have not watched JC in years because he is the "chit" of Wall Street.
Toño has compelling reasons for DRAD, I too will look at it closer. My concern is Medicare clamping down on expenses . No doubt Doctors who buy the expensive machine for individual offices will overuse and missuse it to defraud Medicare and insurance companies. DRAD is near its 52 wk low for a reason and that is investor risk overcoming greed. Disclamor: The above was a quick opinion delivered without any study but probably better that what JC pukes out :)
Being skeptical when someone recommends a exact specific Option I always think they are playing the opposite position. Buying September Put would be less costly and would cover a historical stinker month.
September is usually the worst market month of the year but of course this year might be different. Think I will wait after being burned year after year.
29 stocks especially with some new ones are too many for me to follow. My pea brain can't do it. I only trade 2-3 with other long term holds.
I added another TSO Put that will provide shares in mid -low $60ies in January or chunk of cash. Also have loose shares with Covered Call on a portion.
Rofl, Who pays corporate taxes? Answer: The customer,the person who buys the product. Companies move to low tax venues to lower there price and remain globally competitive. Maybe just a little something from the 40% who pay no taxes. You must be a Bernie Sanders supporter.