Incredible how this Verizon stock is nudging upward near 50. When I had to sell all of the shares in my 401k in order to take a distribution and to roll it over into a regular ira, this was hovering about the 47 - 48 price. I did this a few days prior to the end of 2014 for tax purposes and other emergencies. This stock would never move.
A couple of union people took my job. It is so ironic that the management didn't do it; but, my own people, my own union, my own co-workers, my own people of hue. They went to the guillotine of an outside agency with their spin, distortion, malice, and partial deception. The outside agency bought it. This was a take down - this is one thing that the union head preach, and they had been told that if any union member has any difficult or misunderstanding, they must go to the union or even a higher management person. Not to take them to an agency to behead their own brother and drain his family of food.
Treturd: From where are you hearing this?
If this is so, this is a dangerous thing for Verizon. The stock price and purpose of holding the stock will decrease.
"The question is if small retail is holding only 10M shares who owns the rest?"
Jon: The Answer: The ones who are lending out their shares to the shorts.
How much volume would one expect trading into a shell of a bankrupt company while already having someone to take it of their hands for pennies, practically donating this? The shorties are satisfied with bread.
The stock is 3 - 4 cents. How much more time are they going to use to banter against a dead horse? Rather they will take the time to buy: salt, pepper and condiments as they partake of their fruits of the celebratory down sloping sled ride. While the longs will get up and dust themselves off.
Jon: "What is the best thing that longs can hope for?"
Is that the medicine Provenge will help patients, and each will keep up their erudite and altruistic posts on some board as Valeant. Their shareholders will welcome this. Dendreon's shareholders (longs) will surely be looked upon as charitable with the time and scholarly dissertations.
This is one of today's dogs due to inauspicious short term news, a bump in the road which value investors were looking for. Many will avail themselves of this longer term opportunity buy purchasing shares at this juncture.
To: Bullish: This is what they on the Dendreon board - then the longs realized that they should have listened.
They were not bashers--they were educators.
But does it matter? The panacea of this great medicine in its field will have a new overseer. I hope this is what you are hoping for? You can still remain altruistic.
You do not have shares in Provenge. You have shares in Dendreon which will soon be no more.
Yes, Provenge will exist for a long time. Dendreon could be gone by next week--or sooner.
God bless you: Are many of you Dendreon longs going to wax poetical and buy Valeant now? How about saving this for the Valeant message board. You may as well, for maybe you can channel your altruisic and caring disposition genuinely since this will have no monetary benefit to any Dendreon longs
All of this erudite and sophisticated dissemination of information regarding this bankrupt Dendreon Q, is akin to self education which one cannot use elsewhere and of little purpose. Once I was told by a Verizon manager that I possess useless information. This is true. If one can find the right horses in the marketplace or develop some chatty software to become a millionaire - in one's dorm. Then what knowledge is more valued.
But once one finds the wrong horse which continues to buck and dislodge its rider - what is the point? Just move on and walk away from it. One should have sold it knowing it will do this the next time - and day and after day. This is pure masochism.
...and as a lesson learned - too much hopeium in the wrong doses applied to the wrong thing will often lead to devastation. Learn to be wrong, but learn this early. Make your mistakes, but don't make any twice.
At 1:30 pm. NY time, this had spiked up about 4 points in 15 mins. Maybe they loved their new acquisiton of Dendreon Q. and will probably take Provenge medication to new heights.