Whether you're right, wrong, or silly putty doesn't matter nearly as much as your abrasive, know-it-all attitude, which in the real world gets you zip. Ask your brother-in-law, he'll tell you the same. Moron yourself if you don't know how to talk to people; sheesh.
Schwab won't reinvest any money into leveraged stocks/ETNs/ETFs because "it isn't safe". They are playing "mommy".
The owner of IB is a right wing fruitcake, based on a rant I heard him make on television about six years ago. I wouldn't deal with them if they were free.
You're just upset because you thought you were going to make a BOATLOAD of money by shorting, eh? So... you're angry because YOU wanted to be the greedy rich whatever you said, but well, gosh darn it; cheaters never prosper, do they?
Presidents Bush (the first one), and Reagan both tried to "make" the Fed conform to their agendas and got slapped right across the kisser - in a nice way of course. We give the Fed and the Supreme Court immunity for a very very very good reason - so they won't bow to special interest groups. It has been shown over an over again that people who answer to their own conscience and the conscience of their immediate peers answer best.
"Koolaid Drinker", "Sucker"? Who's calling names here? Classic. And I reiterate; I didn't find a single positive posting by you on any board on Yahoo. All negative, all inflammatory. There is a term for people with that behavior, and it's "troll". It isn't name calling to refer to someone accurately and correctly.
I just doubled down. Also doubled down on CEFL, and CLM. Reallocating a portion of our port from high growth to high yield.
Not sure what his motivation is, but he's a troll on other boards as well. I looked at a sampling of his posts and he has nothing constructive to say on any board. It may all just be driven by schadenfreude, which is (I believe) the main driver of these trolls.
You would be better served educating yourself on MORL prior to speaking up about it in this particularly opinionated way. MORL is not directly subject to the issues you're talking about like a conventional stock (such as PER), is. The business model is actually a construct based on an index and doesn't even have equity as one normally thinks of it. The dividend is fabricated by the issuer and changes from month to month to reflect the actual monies available for distribution, so there can't actually be an "overage" distribution such as the situation you're describing. Just can't happen. If the money isn't there, the dividend goes down. You can see the fluctuations from month to month. Not sure what you're agenda is, but I think everyone here is pretty much aware of how MORL functions. Bottom line? You're not fooling anyone and everybody knows it.
There is a new drone/camera coming on the market in 2016 called "Lily" that follows you at up to 25 MPH. So you can be skiing down a mountain and this device will be filming you as you go. I emailed and asked if they used an Ambarella chip. They answered "Yes. :)" Yep, there was a smiley emoticon at the end. :)
You really have no idea what you're talking about, do you. Sheesh. Incredible ignorance and hubris on these boards, most of it driven by schadenfreude, and all of it juvenile.
Just remember that for every seller there is a buyer, which means that the market is buying this just as quickly as it is selling it.
Not that it matters. Analysts rarely get anything right; some are Harvard educated flunkies straight out of school, the older ones know something, but they aren't telling the general public.
The downdraft TRUE experienced was (in my opinion), brought on by a few deep pockets who wanted to drive the price down and knew they could. Exacerbating this was TRUE's natural beta, which is 1.38, and the tendency of traders to sell first and ask questions later - creating negative momentum in the stock.
Hedge funds are known to create postings such as the ones we've been seeing: "TrueCar salaries too high", "Dead stock walking", "Sell while you can", "Capitulation", "Timmmberrrrrrrr", "SELL"... and often with exclamation marks to create excitement. I've seen it so many many times before, and negative postings are wrong almost 100% of the time. (But they are sometimes correct.) There are companies that are going out of business, and the postings make sense. But investors don't have a window into anything more than the conference call, the financial statements, and their own common sense. And we also get hit with local yokels who pile on, seeking the cheap thrill that comes from trashing someone else's pride and joy - the German word "schadenfreude" means the pleasure of enjoying someone else's pain and suffering. greggw125 and dstategovernor appear to be in this nasty little category. Bullies feeding on schadenfreude, both of them.
Now to the upgrades. Well, they're overdue, but that's par for the course. Most analysts are not going to upgrade a stock while the negative momentum is in full swing, so they wait it out. In the mean time, the hedge funds that started the whole thing are buying from the retail investors who are selling out of fear. Their FUD (Fear, Uncertainty, and Doubt) campaign has been in operation for about a week or two and it's time to take new, low positions in TRUE. Which is happening right now. People, it's time to add.
Schadenfreude, pure and simple. Jeeze Louise. Sickos to the right of me, weirdos to the left, and all choking on their own bile... There are three idiots that post the same schadenfreude-driven drivel over and over on this board, and they need to grow up. They won't, but they should.