Fidelity is taking Limit orders at 7am( no premarket) and Market Orders after market open. I might enter a low Limit VWAP order just for fun to see if I snag a share.
Tulsa, Excellent post , chasing some arbitrary number goal leads to trying to force the issue and adds risk that most retired investors can not afford. There is money coming into the market that was pulled in 2008-09, these people think they missed the boat and are trying to play catch up,it can't end well.
Bought VNR back for less and started small position of MCC. Just a very flat day..
RE:BABA, I read that insiders will not have a lockout period and can drop $8 bill worth with the IPO. Makes you want to jump in with both feet on the open:)
I hereby nominate johnharleyn,s post for "The Post of the Weak" award. If John wants to pay taxes on his IRA income its his dam right as a American. Also it will help cover for my cheating:)
I pass through Euphalia on the way to Fort Walton Beach. I hit it during a Bass Pro Tounr once you not get within a mile of a gas station .
You got it Obummer. By the way the cheapest gas in 500 miles of Huntersville that I have found in a small station in Euphalia ,Alabama. Mark that on your GPS :)
North Carolina has the answer for low gasoline prices. The state and counties increase the tax regurally. When I travel on vacation in our region the most expensive gas I buy is before I leave.
Frigate , I wonder if my passing on FSC this round cooled it off ?:) you know I have not read a single positive FSC post in along time and have not harbor a positive thought myself in some time. You might try a mindless pumper login like "get_this_money" and start pumping the hell out of it:)
PDLI independent accounting firm abruptly resigned. Shares down over 10%. This is a super regular trade but I will not jump on it . Too early and Bioteck is too risky accounting problems aside.
Hwrbrickman, TSLX has a yield of about 8.8%. It's a new stock with very good earnings that can support a Dividend increase, special Dividends and a nice rise in PPS. Someone holding PSEC could do well by having cash available to buy extra shares when price drops big like that $9.17 not long ago and then selling some when it recovers. With a lower basis you can own more shares with the same amount of initial Capital and increase your income. This is my way everyone is welcome to do what they wish with there own hard earned money ,without being called names.
Steve I bet there are no shorts on this MB. There are some traders who run it down mistakenly thinking they cause people to sell so they can buy lower. Take what you want and pass on the rest.
I sold my PSEC today for 17 cent gain and will buy when the price is low. I have started two long term holds on BDC MCC and TSLX. Both have earnings that easily cover there Dividend. I would not be surprised if PSEC had a dividend cut and a big price drop which I will trade. Worst case for someone who want trade for whatever reason is IMO a 2 cent Dividend cut to 9 cents or $1.08 annual. If you bought at a high of $11.00 your yield would be $9.8% ,although not bad trading will do better. To each his own. Best luck to all including Slick and Minnie :) Phil
I think there is someone making money running it up and down. He "cleaned my clock" last week but iam working on it. Iam layering in 1000 shares at a time on the big drops and selling some on runups to average down. I plan a long term hold on TSLX until it matures a bit. It's too new to have many skeletons in its closet .
RIG is getting cheaper. I closed my Put position for small loss. Keeping a eye on it. Next time it takes off(up) I will try a Bear Put Spread when it levels off baring some good news.
9/17, Sold PSEC I bought yesterday for $0.17 gain. Cold feet on RIG closed out for 1/3 of PSEC gain. Bought CFP at $4.36 and more TSLX at $16.89. Starting to swing trade TSLX buying below $17 and selling above to average down. TSLX ExDay is 9/26 , will hold for Dividend in whole or part depending on run up price. I would rather hold TSLX than PSEC or FSC at this time.
If I incorrect on this ,someone please correct me.I was reading about the SEC approving FSC,s varies entities to invest in each other's securities. So it seems the same loan could show up on more than one balance sheet. It seem like added risk with opportunity for self and double dealing to me. Phil
If you buy Vix don't go to the bathroom during market without computer. In 2012 I lost $1200 on a small position while"refreshing ":) it's funny now but not then :(
Thinking about it. But I have no experience or understanding of this business .
Why? Gasboy makes no difference. He has no influence simply ignore him.