What's this called again. Counting chickens before they hatch?
NSAM is down from $20 because it was overvalued and funds were lighting up post spin-off. The smart money always takes something off the table. You never make a profit if you don't sell.
So how much is your account worth today? lol. I think you need to recount. You might know this stock, but you know nothing about how to trade.
Technically the stock NRF before the spin-off was very overbought. Many feel that NSAM is overvalued and the spin-off wasn't the great value everyone thought it was. Its a contrary opinion to this board. I can post some of the analysis that has been written, if you want.
I know long time holders on here start to cry when someone says to sell. i think its healthy to have a contrary opinion posted here. I think its funny how hostile and emotional people get. you should never be emotionally tied to a stock, something i learnt in my first few years of trading.
Most on here have no idea how to trade. i have been doing it for a living for over ten years so I must be doing something right. The smart money took some of the table when NSAM hit $20.
You can look at your account value of NSAM/NRF all you want but you only m,ale money when you sell.
I have a question for you. What's your exit strategy for these stocks? Are you going to hold them indefinitely. Every professional money manage has a buy strategy and an exit. Are you going to wait for someone on this borad like Dat to tell you to sell?
How could I have said it six months ago when NSAM didn't exist? NRF has kept going up? Really? You must be looking at a different graph.
I guess dar the great and his sheep followers will have to recalculate the value of their accounts after today….lol. Like i said its only worth what you actually sell it for. Falling in love with a stock and company is never a good thing. Bring on the hostility…..
Ya and it all could be total bs. By the way you can count your pennies all you want but you only actually make a profit when you sell, so the post is pretty meaningless...
You house could be worth $500,000 today but when you sell it you ono get $450,000. You only make money when you sell, so your post is pretty meaningless….
What a stupid and childish post. You have to earn the 'right' to post on your precious little board?
We don't know if you own anything either. Your just a sheep follow the herd yourself. When have you posted anything intelligent?
That's all you have? That's like .05% of my portfolio. If you traded it you'd be up double. You talk like your sitting on millions…..oh sorry i know I am not supposed to critique the great one….lol.
The short trade has been made….greedy retails are always the last to jump on. $450 million buys a lot of shares. Look what happened to Apple shorts with he buyback….
I am a man and wearing a pair of their beautiful shorts. Most comfortable pair I own. I also have two jackets and many shirts. I will keep buying their stuff. You should try it…..