And in sum, there is no nutshell answer, this is a highly complex investment vehicle with multiple modes of risk on top of the basic" the market can do anything with no provocation risk". You should avoid it completely if you are only investing at the "nutshell" level.
pps is directly attributed to the price the market is willing to pay on any given day. But you got the nutshell version answer, decreasing price due to fears over high return rate risk.
I bought earlier today based on some chart stuff. Always interesting when you put your money where your mouth is. Last time I traded my trading portion from 14.10 to 14.70 end of may to early june. my hold portion still sucks.
You will like this though. Shame algorithms dont think
ER will be less important than market sentiment re potential headlines re rate increase risk. 13.70 is looking good for a short term trade bottom possibly though.
Noticed the same, guess 1 company divvy wasnt in the current divvy. Bit of a rep tarnish there.
And I think jack has a solid point, but last I checked the only number that makes any difference to me is the share price and what I can buy or sell it at. and right now, i see no buying pressure, so why waste money? If the market THINKS interest rates will rise, it will trade that way, no actual rate increase is required. Its all psychology, not numbers. The market is NOT rational. If it was, some zillionaiire hedge fun would buying the #$%$ out of this stock, and they are not.
You mean dipped more, since it is already down 3 percent since 6-27 and just above the 52 week low again. If things are so rosy why is the SP bumping along just above that low? Hope you enjoy catching the falling knife, the cheertard pumpers have been wrong about the stock for over a year now with their rosy lens #$%$, maybe you can break the long losing streak. I choose not to ignore Wall Street, which doesn't seem to feel the way you do.
I am not short but the simple truth is the market sentiment is unfavorable to any perceived rate risk at this time. Period. I hope the BV grows, but not sure that will even help the share price considering the level of top end data spinning going on. all those dandy facts mean nothing near term against market sentiment.
in 25 and 30 years, it may work out long term, but it will be physically painful for as long as 2 years as the cost of going naked in capital loss on gaap or an enormous cost in hedges for them is going yo cost the share price. Reality kiddies.
doesnt matter. Algorithms don't parse those kind of details. Mindless HFT programs run Wall Street now. Manipulated headline news = rate concern = mindless dumping. Rational thought does not enter into it, market sentiment is all that matters.
Last month was on June 5. a Thursday. Last big div was 4/2 on a Wed, but Jan was on the 7th a tuesday. Don't know if ubs would take into consideration 4th is a nontrading holiday here. nothing yet on free bloomberg, usb website or yahoo, so may be a bit of a wait. Would think Thu or Mon, but who knows?
And it was just as bad as whens the x date, how much is the divvy, if I buy this day will I get the divvy, why is morl down the day after ex date ad nauseum and other questions that are a clear sign of sloth, and I have reason to truck with sloth.
doesnt matter, interest rate fears in the general market will overshadow any company specific criteria. .Whole sector will be seriously out of favor. Much better buying opps will be available soon.le is