Yes, check it out. I bought from Symetra. They offered it until the 28th of Jan. which was only for about 2-3 weeks when it was posted. On the 29th of Jan. they lowered the int. rate back down to 2.65% but I am locked in. Anyone can look this up. I still day trade but not at the volume I did last year. That was easy money but it's getting harder to time. I bought and sold PFE today for a quick one but am staying totally out of bio tech which made me a nice chunk of change last year. Handsomemanmark-You need to do your homework. There's returns out there but the more you have to invest the better the rate.
There's no reason to hold with a 25 cent div. Oil is headed lower and Obama is pushing for clean energy like fuel cell, wind, solar, etc. The long hold is over. The market is tanking and a recession is on its way. Everyone that has held after the start of this year is way down. I cashed out Dec. 29th and put all my profits in a 3% for 7 yrs. I know that's not much but if I would have held many of these stocks I'd be down 25k on each. I can't afford to lose that kind of money on social security so I took a for sure thing instead. 3% on a huge profit works out to be way more compounded since it's in my IRA and I don't have to pay taxes on the gain. Now I am going to take the 3% return monthly and keep those profits working for me.
What about the generic drugs out there? Maybe PFE has bottomed here since it is slightly up on a huge down day. Hope they are buying back shares today at this blowout price. It would help the shareholder value immensely.
on Feb. 1st. If you bought for the long term div. payout each qtr., it has lost all collected. Why is PFE near a 52 week low? This stock has done nothing for YEARS. This use to be a buy rated stock years ago at $45.00 a share. It will never see $40.00 let alone north of that. What about this Allergan deal and PFE share buyback deal? Your thoughts. . .
75% of bio techs are scams with the insiders becoming multi millionaires overnight. They sell their shares during the pump. The stock goes banko and then they do another IPO and start pumping all over again only to sell their shares and leave bag holders with huge losses.
EXEL longs have struck gold? Are you kidding? If you held this stock for 15 years, you are down $42.00 a share. This use to be a $47.00 stock. It has tanked and will never see that price again along with several other bio stocks. Looks like their drug got approved but they are still competing with the larger drug companies who also have the same cancer drug. If you are going to buy this, take your profits on any head fake and move on.
This has been going on in the oil and gas segment for years. They're a dime a dozen especially in Texas. It's almost as bad as the corrupt china stock scams where everyone lost millions. Trading stocks is at your own risk so no one is held accountable as we all witnessed in the mortgage meltdown. We eagerly give cash to those who are only interested in their own agendas. Happy trading; and remember "always take your profits". You can always re-enter at a lower price and do it all again. Older and wiser than the punks.
Finding a legitimate way to do a Madoff was not hard to do. Madoff made one mistake and that was not buying any stock or funds with the money so he had no paper trail. He just spent the money. Buying several shares of stock in the same sector and running the price up with positive news and share purchases plastered all over the news is how it's done. The herd will follow by word of mouth and a couple of wins along the way. You can get on the board of a few of them but mostly you stay low and run up the share price, bail out, and do another one with no involvement with the board so there is no lock up on the sale date. After the selling of shares the bag holders lose when the shares get under a buck and you do another IPO and announce your purchases. REPEAT-The herd runs it up so you can profit. Brilliant