There is no way out for the Dunce-gen who shorted at 41.50. He will have to pay the dividend at the end of the month.
David - can you take me out to dinner with your dividend profits from Dunce-gen? I'll just have a grilled chicken salad and a small cup of soup.
Well, the damage is getting worse. You are now down $2.66 a share in just a matter of two weeks. Plus, you are going to have to pay out the dividend to David !!!! You just bought him a steak dinner.
I've heard that some cab drivers in NYC make in excess of $100,000 per year (with tips). That seems like a lot of money just to drive people around the city.
Mall development is incredibly risky as well. PEI just unloaded two of their low quality malls and only received $33 per square foot for each of the two properties.
Student housing is a very risky business, but most investors are not aware of this.
Nice to see you on this board.
I agree with both of your statements. It appears that a number of good employees will be laid off from work. My prayers and thoughts go out to the displaced workers.
What is wrong with boring? I like that stuff too. Sometimes watching my preferred stocks is like watching paint dry, but is sure is secure.
Glad to hear you got some securities at good prices today. I've got some cash on the sidelines and will be making purchases later in the week, depending on market conditions.