don't underestimate the HFTs pushing this down. institutional investors don't get in and out of positions daily. i've read that the best price acceleration of spinoffs comes in the 2nd year. look at MPC. i think PSX will be an outperformer in 2013. its still finding its legs as an independent company. good luck to us who are trying stomach this slide.
I don't trust these big, no news moves anymore after reading "Dark Pools". you never know (unless you have the right software) who's pushing the stock around. Earnings will be the tell. lets hope we all still have some money by then. this is getting rediculous.
nice to read some financial debate on the board. i still think this is a positive going forward. becomes a fixed expense instead of a percentage of profit off the top. am i reading that right?
well spring has been cold and the stores start stocking with spring clothing and no one was buying light clothing when it was still 35 degrees out. I'm in retail and I can vouch for that. i'll bet next quarter will be much better. did they give guidance? i didn't catch it if they did.
price of crude, i guess. even tho thats an input cost to psx i guess the market is expecting gasoline prices to follow lower as well.
me too because right now this is killing my portfolio. don't want to trade it anymore since i've made bad calls before trading at the wrong time. long term hold from now on. when is the MLP spinoff?
and just because its so much fun getting everyones panties in a twist on this board, do you really think someone who's a socialist would be commenting on a stock message board and investing in a company like Joe's? haha, we're all here to make money. the question is whether Joe's products are worthy of our dollars.
very soon the smart money will be coming in to get the assets at a very cheap price. if the real estate is worth what they say, then we should wait a little bit. it just seems like i've seen thiss tory so many times already and now is not the time to sell
i wasn't giving advice. i was just making an observation. i think i'm too old for Joe's but that doesn't mean i can't make some dough off their stock.
ah, but no. its all about the fit and how good your rear looks in them and mine looks fine in my old jeans. go for it if you need a label to define your butt. i'm rooting for joe's, i own the stock. i just don't get it and yes i guess its because i'm not rich and but more importantly i'm not wasteful.
yeah, today and tomorrow are not the times to sell. it'll pop on something. JCP can do what sears did these past few years. probably be a better time to sell.
time to buy. every time a company has some troubles, everyone yells FIRE! look at best buy, Hewlett packard, first solar(!!) blackberry, Bank of America, MBIA, RDN, I could go on and on. and theya re all still here and making money.