Just keep averaging down genius. And if you have the time to do something productive read a bit about GE's acquisitions and Chinese treatment of foreign smalls.
I'm waiting until the dividend exceeds the stock price so the yield exceeds 100%. Have you looked at the oil market lately? This dividend has the life expectancy of a gnat
I don't believe casinos are rigged, others do. Their house odds advantages are enough to make them plenty of $, unless your casino is in Atlantic City.
And as much as I dislike Obama he's innocent on this one and other market manipulations
One of two things are going on today..either the earnings are good and the word is out (illegally), or the MM's are manipulating the trades.
And people complain that casinos are rigged.
Do you think the news leaked? Just once I'd like to see that useless SEC nail a few of these early heavy sellers. It'd be like shooting fish in a barrel.
Guess catching a hedge fund doesn't get the headlines that nailing Martha Stewart on 10K shares does. Maybe they're focusing on indicting Kim Kardashian on a 100 share lot of something someday.
I don't necessarily disagree with your numbers, but if you must get political Bush left office with a $6 or $7 trillion debt ( inexcusable, I agree). But since the "smart guys" who campaigned against this outrage took over they've instituted the biggest tax increase in history and have still managed to nearly triple that debt with more to come.
It unimaginable that you're using Bush the moron as your benchmark with the intelligentsia under performing him by a factor of 3!
Do you think the next dem candidate for president will campaign on "i can't do anything to reverse the damage done by Bush ( and Raygun if you remember him) but I'm real smart.
Clinton had perhaps the biggest economic boom in history fueling his budget, and to his credit he worked with Gingrich and Congress. Obama stuck his finger in Congresses eye on day one ( remember "I won" ) and hasn't conceded an inch since. He's too smart to deal with opposing opinion.
The educated "smart" liberals are the ones capable of running up a national debt of $18 trillion and still spending wildly, but rationalizing that it really doesn't mean anything....without explaining why. The inference being the little stupid people wouldn't understand.
Numbers and logic mean nothing to these elitists, and any contrary views are attributed to ignorance and not tolerated. They are the ultimate racists and haters believing minorities are especially incapable of caring for themselves and the rest must be governed by them for their own good. Anyone born south or the Mason Dixon or not having attended the "right" college is inferior and subhuman and subject to ridicule.
Anyone buying this limousine liberal nonsense has taken the bait. Common sense has outlived all of them.
You're right bmr1150, I forgot about the options in lieu of salary deal. He must be kicking his butt at this point unless the strike price is real low which i don't recall it as being. Do you remember?
The one seemingly inescapable fact appears to be the guy with 3 million shares has bailed, leaving Rigdon with his whopping 30,000 to steer the boat. Other than that, the facts presented are perhaps a bit light.
Of course this company has a long history of bringing on a number of individuals who were to be the saviors and all have gone the same route. And what's the story with the PR firm that was to raise $ for them. That seems DOA as well.
Assuming their technology has any value. The downside is GE has a history of buying these smallson the cheap, and in this case SYMX has painted itself into a corner. They're in bed with the Chinese that even the biggest corporations have fits dealing with. My bet is the Chinese will squeeze the life out of them and GE will come to the rescue as the only game in town and take them out for pennies a share.
The heavy trading and downward price movement foretells of something like this coming down the pike.
Can anyone name a company whose stock price has increased with him on the attack?
Right or wrong he's effective. And from what I've seen his assertions are far more often right than wrong...albeit exaggerated for the most part
I don't think the indexes are off 20% today. Maybe someone just woke up and decided to unload a couple of million shares at a big loss.
Be careful with that sort of talk or the clown Valudog will put you on ignore and your life will be ruined.
Some people can't connect the dots between key execs going M.I.A, old cronies with nothing to contribute being put on the board, upcoming financials, and a plummeting stock price. I'll stick with my 60 cent estimate by earnings. Maybe buy there after the news is out for a bounce. Got burned on my last trade at $1.50 thinking they'd pump it up one more time before earnings
And every earlier September. This isn't selling off by accident. Looks like a round trip back to 60 cents. You can't live on MOU's and press releases forever.
Yes, I think it does make a difference. They're either afraid to release them and hold back hoping something good happens doing the hold back period. Or, they're hopelessly disorganized and incompetent.
You could do the quarterly accounting for this company from a checkbook and block of lined paper in about 4 hours.
If they ever have any positive results you'll see them within a week of the quarter's close.
Do you ever wonder why it takes companies like this with virtually no revenue almost 3 months to get their numbers out while the multi billion $ companies report in about 2 or 3 weeks after the close of the qtr.
My senior friends who needed the bigger screen moved away from aapl, but most say they prefer the ois. Some have already returned to appl and I suspect many more in that age group will migrate back for the bigger screen.
Can't speculate on what the young ones will do.