For what it's worth, I just read at the GOOG Finance website that National Securities (never heard of the company) reiterated their "hold" rating on FSC with a target of $7.00.
I wouldn't be surprise to see it go into the lower $6.80's. However, don't go by what I'm thinking. I'm wrong a lot. I'll guess that I'll buy some pretty soon and start dollar cost averaging. Good luck.
I was told by a friend that he really didn't say sell on his TV show, but did acted indifferent about the stock. What I was trying to get across in my posting above is that he says one thing in "TheStreet" and something else on television. IMO, there is an obvious ethics issue with the guy.
He is so full of BS. I checked what his operation "TheStreet" says at the AMTD website. It's rated a "buy" with Cramer's operation. S&P rates JBLU a "Strong Buy". Credit Suisse rates JBLU an "Outperform".
You're right, thewisejman. Making a measly $20 is better than taking a nasty hit. As far as GLAD is concerned, the daily volume concerns me. Wouldn't it be more vulnerable to some nasty folks attempting to manipulate the share value? (Now I have to decide what to do with my JBLU disappointment......ha, ha.) Have a good evening.
I'll entitle it, "How To Waste Your Time Trading". Bought 2k shares of FSC on 5/22/15 @ $6.94. Instead of grabbing more shares this morning when it traded down to $6.88, I held off and sold the 2k shares this afternoon @ $6.96. I made a whole $20 after commission. I think I'll stay away from FSC for now.
Pretty light volume with FPL. Good luck to you. My JBLU took a hit today, as did the FSC. I held back on doing any dollar cost averaging today.
Fed numbers are bogus. Computation of the unemployment rate is probably the biggest joke of all. When a person exhausts her/her weeks of unemployment compensation, he/she becomes a "discouraged worker" and no longer counts as unemployed. Government math = BS
Thanks jridley17. Actually, I've been discussing airline stocks with a couple of other posters on this board for a few days now. On an on-topic basis, I started another position of FSC by purchasing 2,000 shares this morning at $6.94. (FYI, the name isn't Corky.)
I posted a summary on JetBlu. It has evaporated! Darn! Anyways, JBLU is the stock. There are a lot of houses/rating services giving it a "buy" or "strong buy" rating right now. Good one year chart and numbers, but the stock has a high short interest of 14.93%. Comments welcome. ( I got enthusiastic about it and bought 500 shares in the pre-market this morning.)
Hi Phil. I checked the prices on AGNC and WMC today and then thought about how well we did with AGNC back in 2012. Playing and timing share purchases with the secondary offerings was a great way to make $$. Remember Doc Reits? If I remember correctly, he quit posting a couple of years ago and developed his own website. My recollection is that initially he let just investors have access to his site for free, but then decided to charge a subscription fee. I don't even remember the name for his site. Do you post there or still have access to it?
Apparently the CEO of AAL went on CNBC today and stated that he's going to cut fares in order to better compete with the low-cost carriers.