Now that you can predict the future, what are you doing differently that you were not doing before? How are you investing for you own personal economy?
Yes, it really is a shame that so many people fall victim to the financial porn industry and trade away any possibility of building wealth. There's always the wealth builders at bogleheads, where the educated hang out. MRK is still held in a DRIP here too, but next year I'll start taking the divs in cash.
Just wanted to add to the insanity. True though.
BUT, imagine where Merck would be now if it didn't hit that massive pot hole called Vioxx?
Long time holder.
Yes, he made it back in his stock portfolio, which represents his largest holdings. He started his short last year, but it don't work out so now he's upping his bet. Sound familiar? It's just a small hedge, everybody has one. Fortunately, mine won't make the news.
Don't know why my other post didn't print, but it vanished.
Soros is brilliant, no question, but he's a short term speculator who will not tell you when it's time to get back in, let alone tell you when the 52 week high will be. (He doesn't know - he bets.)
Despite his masterful successes, not every bet George Soros made worked in his favor. In 1987, he predicted that the U.S. markets would continue to rise. His fund lost $300 million, a large number back then.
He also took a $2 billion hit during the Russian debt crisis in 1998 and lost $700 million in 1999 during the tech bubble when he bet on a decline. Stung by the loss, he bought big in anticipation of a rise. He lost nearly $3 billion when the market finally crashed.
Time the market at your own peril.
When you can afford to lose like Soros, you can bet like Soros.
Hold cash, invest on dips, otherwise buy and hold forever, then retire on the dividends and laugh at the market timers.
Sell off?? Are you familiar with what that means or are you so totally confused you type anything you hear when watching financial porn?
$2.12 a year? That's more than I paid for the stock, split adjusted, from the 80's. In '81 I bought VZ for 5.45 - six splits later my cost is 90 cents a share. Free money for life. Investing is something you just might want to learn about. Of course diversification is important too, my Kirby Corporation has gone up 300% the past 5 years, but pays nothing. Own everything and hold it forever.
Only? A wise man once said, "there's nothing new, only the information you don't know about."
Let's start with one thing you obviously don't know about. The average S&P stock sells for 6 times book value - well 6 years ago, now it's more, so imagine that.
Based on that mathematical information, maybe you can have someone figure out how book value figures in valuing a company's stock price and then explain it to you in a language you can understand.
These posts are clearly written by two people who have bought competing crystal ball products. I will buy stock in the company that made the crystal ball that was accurate. Hopefully the ball that was wrong has a money back guarantee.
Thanks, I'll be here all week; try the veal.
Long-Term Sediment Disclosure: Deep
Yeah: Srivatsa, rated three out of five by StarMine for the accuracy of his Himax earnings forecasts. Meh, a little better than 50% - take it with a grain.
3G? I didn't buy this company for what it made it's revenue on in the past, I bought it for it's R&D spending for the future. This guy seems to have a personal hatred as well as a possible short position in this stock.
"check the price of himax which dropped from 16 to 6.why do you think that happened? "
Umm, emotional traders? Overhype up, then oversold down. Where is the real value, with or without google? Somewhere in the middle, IMO. Value the company without google, then any positive google news will just be a nice surprise. If you feel that 6 is too high without google, then exercise your options.
4.65% = Calculating a .27 div at a 5.80 price. I'm with ya, in at 5.75/ When I calculated a 4.69% div, this became a no brainer. (Assuming the div actually gets paid.) It's all risk, but it's in our favor at this level.
Even at $9.00. the yield is a high, for a tech, 3%, but it's long term growth that has the potential to return the most gains to investors.
It could be the opposite too. Nobody expects great earnings, so maybe getting investors looking forward, rather than backward, will dull a negative earnings report. It seems to be working. This partnership could be a game changer if the majority of the S&P companies buy in or it could fall flat on it's face. Only time will tell. The two companies together have a huge brain trust at their disposal, so I'm not going to write them off just yet. All else being equal, which they never are, I like the action.
Sorry Stan, but you still have a buck or two. At least you admit it when you're wrong. Maybe next time you will do better, but this time I felt pretty confident you would miss. Nobody bats 1000%.
Best of luck in the future.