While a new CEO often likes for things to look worse than they are so he gets credit for working magic on following earnings. I did not add today hoping you blind clueless guess is accidently correct.
NRZ holders welcome a interest rate increase with a perhaps low ball fear buy and better earnings on increased revenue, as long as we stay our of a recession.
I tried trading RUSS a Russia 3x Bear year before last. I was very luck to break even. It seemed the table was set each morning on the open that was not apparently driven by news or Brent. It was like a casino I started off with 3-4 wins and was sukered in. I broke even on a quess near close and it opened in my favor. I could feel Putin pulling the levers:)
Bigbear, I look at SA the same as Barron's, MarketWatch,Cramer, Motley Fool,Fly on the wall ect or some MB pumper or basher. I see financial pulp media as a complete waste. People don't spend time doing analysis and composing articles about a stock in which they don't have a financial interest. There are some posters on this MB whose opinion I value more. The go away in May stratergy works best when the first part of the year has had a good run up send needs a breather. This year some in the market are trying to promote a sell off again because they have a vested interest. I might lighten up a bit more but will be in, but oftentimismewrong:)
I started VRX again yesterday. It does sound like the Politicians are trying to use price controls when they attack someone for trying to sell there assets for top dollar.
Bigbear, Did the StealingAlpoo author explain how he possessed non public formation? I read there were 4 hedge funds accumulating GARS shares. I don't necessarily believe them either. The only thing I believe is " nothing is as good or bad as it seem" and GARS is not behaving good so I cut my exposure .
Currently trying to sell October Call on NRZ and waiting on the NRF conference call for information about switch back to internal management. NRF might explode on such news unless it dont:)
I pruned 65% my GARS at $10.62 as it was my largest position and misbehaving. GARS reports earnings 5/3 will reload if it drops big. I see it as a good BDC but expect a pullback going into earnings and did not wish to add more.
Opie I personally think you are having a drug reaction, but no matter!
When you sign your Tax Return you are saying to the best of your knowledge it is correct. If form information is not correct I write a letter requesting correction and if I don't get a corrected form I file the information that I think is correct. Have had numerous issues with clients who were contractors and there employer tries to assign extra income to a 1099 Misc. With professional software you can leave the IRS a note on why you changed a number.
Only steers andqueers offer messageboard advice. Which are you?
Recommended reading from Mauldin Economics. I receive weekly articles written by George Friedman under the banner "This Week in Geo Politics, chasing the BlackSwan with George Friedman. This weeks article is e titled " Xi Jinpin Takes Command of the People's Liberation Army" . There are numerous articles on how China and Russia function. Excellent reads and are free from Mauldin Economics.
If you think the numbers are incorrect on the K1 enter the numbers that you think are correct on your tax return. Within 3 years you may get a letter from the IRS requesting a payment and will give you a opportunity to explain your position. It's not a uncommon for incorrect information to be on tax forms. I personally think you are lying like a dog, but no matter.
Trading AH and BM is usually a mistake. Selling "what was hot"the day before in early PM will often give you a better price than the open market.