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.