This has always been the case. That's what I hated about owning NLY so I just day traded it. The CEO and directors pay themselves way too much money and their pay should be adjusted when the share price dropped from $17.00 a share to where it is today.
I did cash in on my YHOO at $35.95 and made some quick cash. My CACB and PFLC also went up so why are you saying my regionals are going down when you didn't even know what I owned. Silverman's regional (HBAN) is also up and he owns SGEN too. I sold my SGEN at $39.40 so what's your beef with me?
Nice mover on your HBAN today. My CACB and PFLC did well also. Did you read the bio analysts comments on Yellen? Might have stopped the quick selloff some.
That's one of the few that did not halt their dividend. Nice going. I own two other banks and one shot up nicely yesterday. I think this is just the beginning for this beaten up sector.
Cramer told everyone to buy YHOO at 37-38 and all the way up to $40.00. Look at it today. He's getting worse. He also pumped some bio techs which have also lost $5.00 a share just this month. He knows nothing-just guessing like the rest of us.
Joe Nacchio of Quest is out of jail after scamming all the people working for the phone company. They lost their retirement.
I will do this again. I sold out at $35.95 and only kept 200 shares (all profit) in my IRA and 67 shares in a regular account. That makes 5 trades in and out in 3 weeks but I bought 1000 shares each time. I have a buy in at $32.50 but don't know if it will fill. Glad I am not holding the bag on this one. I will get back in SGEN too but in the low $33.00 range. The swap would have worked out if you sold YHOO for a buck gain. 1000 shares with one buck is not bad for a few hrs. or even if you have to wait a day.
So why would MSFT want to buy YHOO when they can just slowly take them down? I agree, MSFT a better run company and will continue to gain market share.
Call me old fashioned or just plain old but I have no idea what you are talking about. I have been trading stocks since 1987 in my IRA and do my own research. I control my retirement fund 100% through Scottrade so "TELEPROMPTER" just cracks me up. I hope this isn't the average mentality of the posters on this board but I'm afraid it is. LOL