Finally, somebody with a backbone. I'd rate it a buy solely on that statement alone. LOL
Agree. Moat stocks traded on the major exchanges are overvalued. IBM could see 150 soon. If you're getting hurt on it, consider stuff like EXG, 10% divvy, no leverage, monthly pay, and currently in a buyback. If IBM doesn't get to 150 or lower, I have a nice fallback.
Yep. This is a $5 stock, not $50. LOL. A little something called a 1:10 reverse split. But nobody remembers that. C is worth nothing, actually.
She decided that opinions about news stories should not appear anymore. She decided that its better for her to get her paycheck, ultimately, from the US government--so shut down people's comments.
cef connect says its not leveraged. So, not sure if it is leveraged or not, but one of the reasons I own it is for non-leverage. As for the price swing, there could be alot of reasons---playing the price ex-date swing, fed action scares any fixed income looking security, etc. At 8.75 yesterday, that's 11% yield, so even if you believe--as I do--that interest rates are too low and the market is artificially propped up by the government, even a yield of 10-11% is going to attract investors. Since they make money off derivatives, any volatility is good for them...only a prolonged flat market is the enemy for EXG. Then you have the whole tax-advantaged ROC deal......Disclosure: I own 9000 shares.
Well, don't think most folks are liking that, especially those holding worthless shares of this. See ya later on this one.
Sentiment: Strong Sell
Deal is, there are other names out there that are yielding 9% or more, no leverage, monthly divvys, selling at discounts to NAV, (closed-end funds) and of course no call worries.
Obama and the IRS love you. so do I, since I get tax-frre income without trading. Every month...NO TAX. Just keep paying the bills for the rest of us, thankyouverymuch.
Oh, I won't bother you, I'm sure you're busy analyzing the AAPL numbers, and all the trade data out there so you can make your smart decisions for opening bell tomorrow. The, government, state, market makers, exchanges, they all love guys like you---they get their cut no matter what--just keep trading!