This type forum sucks. Difficult to get used to. Glad to see you guys made it here. For the time being it's all we have. I'm open minded to any sugestion for a better place.
Pan to me the preseason is meaningless. But I'm hopeful this could turn out to be an exciting season.
Fav is likely to find us eventually. All the bum needs to do is a search.
So we can cure ourselves.
This stock is in trouble. Economy heating up, stock market heating up, interest rates headed higher, spreads narrowing. My god, sell while you still can.
You're so full of crap it's ridiculous. And who said I bought in at the current price. I'm still well ahead on this stock. You don't know what you're talking about. Sooner or later you doomsayers are gonna realize that just because governments go broke does not mean a company will go broke.
I'm a long term investor. I plan on holding for 20 years or more. What happened today is irrelevant. The stock pays a healthy dividend.....many times more than a CD. The company regularly increases it's dividend. The payout ratio is just fine. Sales are still growing. What's the problem?
They're simply going to give a lower interest rate to people who are current on their mortgage but underwater. They will still owe the same amount but their monthly payment will be reduced. The government will probably guarantee the loan.
I sold the other day. I too think we will see the low 20's. Too much uncertainty. The economy is heading toward a double dip. People are scared and panicky. It's gonna be brutal this week. I feel sorry for those that hold this up to the dividend.
But there may be opportunity here. We could short the stock or in my case we could pick it up when the price has been beaten down. We could do both as well. But I'm convinced "the fix is in".
I mean how many times do we need to see these Wallstreet criminals in action before we realize the stock market is just as corrupt as the government itself?
Makes total sense to me. In fact I presented that same type of scenario on this forum a few days ago. Of course it will never be proven to be the case. Just some back room discussion and some kick backs delivered is all it would take. Afterall I'm sure the shorts are not actually government offical themselves.
Between the time I bought and the time I sold the game has changed. We're working on a completely new set of rules. You're a fool if you don't realize it.
A admit buying this stock was a mistake. Selling it was not.
I'm not angry. I sold and took a small loss. But my portfolio of late has done well.
No I'm not angry. I'm enjoying myself. I like to watch people under extreme stress. It should be fun in the coming weeks.
Rule #1. You don't get a 20% dividend with a stable stock. You longs are about to experience some serious pain.
"I'm sorry Sir, you'll have to take your certificates and move to the rear".
More like "I'm sorry sir, your certificates are worthless. Now bend over and take it in the rear".
Totally agree. What get's me about these conservatives is they actually think there is a real difference between republicans and democrats. It was the republicans that passed the most socialized program in the last 40 years....that was the prescription drug plan for seniors. This was nothing more than corporate welfare for the drug companies. Then they started two wars....more corporate welfare for the defense contractors. Then they cut taxes (mostly for the rich). Now here we are with the defecits out of control.
Then they have the nerve (really stupidity) to blame Obama!
They talk about repealing Obama care (which was really hardly any real change) but never talk about repealing the far more costlier corporate welfare plan called the medicare prescription drug plan!