I think a more precise way of saying what you mean is that, although movements in the price of ERX are correlated to movements in the price of oil, the R-squared is not 1.00.
If the price of oil goes down on an "up" day in the market, then energy related stocks may well go up with the rest of the market, and the opposite works as well.
I'm with you, Jim. We always knew that the year end dividend was higher than normal, and a lot of when to declare profit is driven by what accounting methods you use, but you can't fool with revenues.
LOL - well his theory of "sit on your hands for the rumor, buy the news" is original to him...for good reason! Bwahahahahahaha
Agree that he should be on ignore; he won't be around for long.
Why on earth are you wasting your time, fishy?
He's another troll, no different at the core from loogie. Catch all of the mistakes you like; he doesn't care because he just wants the attention.
I'm actually thinking of a trip there - as soon as they go back to the drachma everything will be on a huge sale for those of us using yankee dollars.
The best source for information like this on any company is the investor relations section of the company's website. If you ask on the BBs you'll get good information from some people and not so good from others.
The information from the website, which almost always includes a history showing the dividend declaration date and amount is always reliable.
Are you going to go away now that it's been proven that you don't know what you're talking about (again - how did those May 29th 100 calls work out for ya? Bwahahahahahaha) ,
In general, you'll drive yourself nuts trying to divine the reasons for relative movements of stocks in the short term. Sometimes there will be news that is driving one's price, and you are right that these stocks should be correlated, but other times they will move for no discernible reason.
For that reason, I think you're better served by focusing on which will generate better long term earnings.
That is good news on two fronts:
1) Calpers is gigantic, so losing them as a client would be bad; and
2) Calpers is gigantic, so increasing the relationship them as a client would be great.
Yahoo is good for many things, Walt, but financial statistics aren't among them. As Tony says, you should look at financially oriented sites (like your broker's, or the investor relations section of the BX website) if you want that kind of company information.
For complete disclosure don't you think you should add the line "Advice received on internet bulletin boards is worth what you paid for it."
Thank goodness he told me that he has sold; that tells me...nothing. For all I know, as I said, he sold google at 100. For all I know, he never had any to sell, so what conceivable relevance does the fact that he has sold have to anyone? (unless he is trying, by implication, to say that he thinks the readers should sell, too.)
Are you really so naive that you think someone who has mischief in mind would come out an say so?
I didn't tell him how to post, I told him how to post in a way that is constructive. If your first name is not "Warren" and your last is not "Buffet", then "I say that below 40" scarcely qualifies to be elevated to the status of theory, do you think?
There are lots of people who post on these boards for reasons that are not honest. I try to flush them out - if they can offer a rational then that benefits everyone. If not, then they are exposed for what they are so that the readers may evaluate whether that person's posts are valid for them. When someone doesn't post for several months and then claims some sort of expertise, I think it's fair to push them to prove that expertise, don't you?
If you read the sequence, I did suggest how he could make his posts constructive. I noted that perhaps that wasn't what he was interested in, and it is clear I was correct - he is not interested in such.
well how do we know how much experience you have? The above is your very first post in the BBs, so you sound like a newbie who is looking for the attention your father never gave you.