Do you really think crime is going away? What a joke. They are only releasing prisoners because they have no room for them. Wise up ockhead.
By the way. I'm down $900,000 in the last 5 years and am 72 years old. No time to get it back. I definitely believe the market is stacked against us. The big investment banks seem to know whether we borrow to buy stocks and then short the hell out of certain stocks to wipe out the little guy. I've read that they naked short stock even though it is supposed to be illegal. Our government is not in our favor. Maybe we do need to Trump to shake up Wall Street. However, he may be one the them.
I'm sorry for your loss. I bought 4000 shares at 2.58 a share. My loss on this one is minor. 6years ago, I had 1.44 million dollars. 2 months ago I realized I could be in trouble, so I paid my house off and have 250K left to invest. The problem is, I'm afraid to invest in anything now since I can't afford to lose any more.
That's 2 1/2 times normal volume. Another STUPID Kent Moors recommendation. I'm extremely tired of paying for bad info. I could puke! Oh, I already did.
on Friday, their might be a big selloff tomorrow. Not just this stock, but the market in general. I've seen this happen so many times in the past. It scares the hell out of the smaller investors. The divvy is nice, but we could easily lose a few points Monday.
massahmo, it was said on CNBC this morning that the divy might be cut in half. I don't know if that is true, but that is enough to scare a lot of holders that need income. I bought KMI last week for 24 and sold at 21.50. I would love get in on the bottom, but where is it? I'm just going to sit and watch for awhile. LNG took a hit lately and was down almost 6 this morning. I own 2000 shares and am very worried.
You need to be removed from this board. It's obvious your are short this stock and you are on this board bashing it.
I agree although I think they should have done it a few months ago. With the big drop today, I'm amazed how many people were still holding for the dividend.
What doesn't make any sense, though, is why they didn't cut the preferred too. I guess a lot of the insiders owned the preferred stock and as always, they weren't going to hurt themselves. Heck, they may even give themselves a bonus equal to the divvy cut. I have owned this stock forever, it seems and collected some nice dividends.
This is temporary, but people are not thinking clearly today. For people that don't know what to do, hang in there. I'm not selling. This stock has been down before and made it back up and ended up paying a great dividend. Hard to believe but the world is NOT coming to an end. If you need to know, I have 1000 shares.