A better explanation would be: FIAT (Flatus Ignis Aqua Terra), or fiat = English: let it be done (air, fire, water, earth)
If NLY tomorrow liquidates all their assets the stock has a value of $12.45 per share one more reason why insiders are buying.
Yahoo future pre-market selling at the moment is only 92.082 shares
If you think 92000/960,000.000 shares pre-market selling will dictate a heavy selling for yahoo then sell.
(04:31:21 AM) $ 31.91
(08:32:41 AM) $ 30.58
I don't remember who was it, about a month or so ago someone wanted to buy a huge block of yahoo I think over 2 million direct shares (not on the open market) for $37 plus per share, and MM rejected the offer. Right now it looks pretty good ;-)
after 35 years trading stocks explain to me how do you lose? YAHOO is not out of business and at the moment you are losing on paper only if you bought high...unless you sold. I don't think armageddon is around the corner and doomsday is coming...but by then if this is the case do you really care if you're short or long? For now the whole market is in the #$%$ house, once the excess is cleared out the DOW is on the way to 20,000. Been there done that.
Mr Feds will not take the chance to raise anything. World economies are in chaos for now. I also doubt interest will be up this year.
This is the moment we have been waiting, I hope it goes way down! Our investment club will be ready to grab many thousand of fcau shares before the Ferrari IPO. Although there's a good possibility that the stock will go up instead of going down. Can't trust the daily media with all the BS day in and day out.
BTW...try to google Ferrari Accessories it's like you are shopping in Gucci and Prada stores
Understand your point, although it depends on how Wall Street and research analyst will put the true value for Ferrari. I think Ferrari is worth at least $11bil. Just the Ferrari accessories brand is worth few Billions. Right now FCAU market cap is a bit over 19bil. Are you saying that the rest of FIAT auto group (Chrysler, Maserati, Alfa Romeo, Lancia and much more is only worth less than 9bil?
Almost 16% short share from the float is a good chunk to cover. If FIAT comes out with the Ferrari spin-off sooner than the estimate date, FCAU easily going at $20.