If CNDO can't get any traction with the stock market at historic highs and making new highs every day, It's a sure bet that it will take a year or two for this baby to heal. Put it away and forget about it until 2015. You win some and you lose some, this baby has gone into a deep sleep for the next 1 or 2 years.
Anyone know how many millions of shares have been sold short on CNDO? On Yahoo Finance it appears to indicate over 6 million shares on shorted. That would be about 20% of the outstanding shares of CNDO.
We may have a 'melt up' coming in CNDO.
Look for Amazon to pick up some of the stores on the cheap. Amazon, I believe, will want to have some brick and mortar outlets going forward. They'll be looking to move in on Costco, Walmart, Sam's Club and Target. Right now, it's just a waiting game for JCP to fold.
Anyone who would shell out $499 or $599 for an iPad when you can buy a Nook HD Color for only $149-$179 has got to be nuts. Paying an extra $300 or $400 just for the Apple logo so they can consider themselves 'cool' is something that is also nuts. Whenever I see someone with an Apple product, I think they must have skipped economics in school.
Sadly, JCP doesn't have much at all to offer the shopping public. I wouldn't buy this stock even below $1 dollar. The big names hyping
The Wall Street Crash of 1929, also known as Black Tuesday and the Stock Market Crash of 1929, began in late October 1929 and was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its fallout. The crash signaled the beginning of the 10-year Great Depression that affected all Western industrialized countries The American mobilization for World War II at the end of 1941 moved approximately ten million people out of the civilian labor force and into the war. World War II had a dramatic effect on many parts of the economy, and may have hastened the end of the Great Depression in the United States. Government-financed capital spending accounted for only 5 percent of the annual U.S. investment in industrial capital in 1940; by 1943, the government accounted for 67 percent of U.S. capital investment.
Anyone who bought stocks in mid-1929 and held onto them saw most of his or her adult life pass by before getting back to even.
Whether the stock market goes up, down or sideways, it's the same story with ING funds. It's a matter of how low can they go. Where is the SEC oversight??? Isn't there some justification for an investigation???
I was not interested in taking out health insurance with Health Net but rather buying stock in the company. However, after reading those online reviews I wouldn't touch this Health Net stock under any circumstances.