I think the answer is that he realizes that most of the posters on the board are longs. So the constant reminder that the stock price is dropping is akin to hearing someone tell you daily that you need to lose weight. In both cases, while the message is true, it's generally acknowledged that it takes a certain type of knucklehead to seemingly take pleasure in making the announcement. Add to that the fact that he spends a large amount of time on this message board and you have the recipe for why folks might not view him in a favorable light. Note that virtually every message board has at least one gasman.
The expected price of oil, the quarterly report and guidance, the stock downgrades, etc. From this point on, it's just piling on. You know when Cramer chimes in that the contrarian meter is at a peak. And so the stock is priced accordingly. We go up from here ! HOP got in at 27.13 near the end of today's trading, and looking for a quick 10% return. Interestingly, it was a year ago right after RIG announced their dividend that the stock price decline began. It was $51 in Nov 13 2013, and never got higher than that.
The dividend announcement is out. ZUG, SWITZERLAND-November 4, 2014-Transocean Ltd. (RIG) (RIGN.VX) today announced the schedule for the payment of the third installment of its U.S. dollar-denominated dividend. The installment is $0.75 per share, totaling approximately $272 million based upon the number of currently outstanding shares
NEW YORK (TheStreet) -- Michael Kors (KORS) , Mattel (MAT) , Chesapeake Energy (CHK) and Transocean (RIG) were among the list of 15 worst-performing stocks in the S&P 500 last quarter. HOP
goskiing99 - I detect some healthy sarcasm in your post, indicating you're well aware of this phenomena. The best paper on this topic can be found by using your favorite search engine : "Window Dressing in Mutual Funds" by Vikas Agarwal, et. al.
OK, the books are not fixed. Thankfully, the quarter is over and tomorrow we turn the corner. HOP