I was needing a tax write off but I,m afraid this dog will double or triple and mess up my plans.
Why not tripple down and ride it to zero? Take a long vacation off the grid and don't look at it until you get back. You will be rich for sure:)
VRX filed there 10k this morning posted a loss for 2015 but beat earnings estimates. I consider it better than expected from a fast limited reading.There forward guidance leads me to believe they will lay low for awhile with few .acquisions and price increases as they work to get the political class off there back. PM price near $34 but up to $34.75 by the time I could log in. VRX looks like a good value play, i plan to hold this awhile and add to lower average.
I added VRX in AM $35.01 . They are suppose to file the overdue 10k tomorrow 4/29 at a non specified time. Might go lower if 10k filing not early. I think everyone expects "bad" ,anything better than expected or "good" dis suka goina fly.
My only other activity was a XLE add in PM.
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:)
VRX at $35 yesturday I missed the $34.50 by the blink of a eye. Not done anything today,might add a little near close if it continues to drop.
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.
Alta,the legal proceeding are a plus for share holders. NRZ is the only one you mentioned that I do or would care to own.
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:)