A market sell on the open might get you the lowest sell price of the day, like the scared dude who sold his shares for $27this morning.
Rip2451 being a short everywhere you roam , you seem to be just sowing doubt as usual. Please share with us your reasons why he should sell or not buy.
I just remembered something , I the first of the year Macnaighton first posted on this MB that he was going to short HRB when it hit the then high of $25 . I told him to exercise caution and take another look at it the end of tax season on April especially considering the Bull market.
Two or three very articulate gentleman whom I had not seen before or since broke in and talked about what a great idea that was. I bet retail traders sold before $25.
Hard for me to believe you didn't sell $73-$75. It seems utilities go down from May-June and bottom in late Fall. Last year it hit about $62 perhaps it will again this year.
The Dividend is set for the year at Q1. I see $1.25 per Qt this year. Talk of next year is MB BS based on nothing of substance.
I agree i see no reason to buy long or short at the present time. Retail does not sit on a big gain day after day. This is a very interesting situation. And your "Maytag Repairman" posts to each other are not with some humor(desperate humor).
There was a total of 12 posts of three short sellers congraturating each other on the quality of there posts. So far it seems no retail investors took the bait. Thats the action as of 1600 :)
Market watch analyst show strong bullish. The various analyst at Fidelity rate buy to hold with no sales. What does it matter what some #$%$ brain says on a MB. If you don't like it sell it,problem solved.
Hawk, I would like to see interest rates go up sore retired people can earn income from interest instead of the market. In 1980 a time of high inflation my Mortgage rate was 13.5% but a Bank CD paid 8+%. That was better than what we have now.
For sure MLP and utilities will be hit hard interest rate increases. You got one right Bozo. First ever for you .
Sleger, Bozo could be Yahoo computer generated recruiting program for a subscription site. Makes me want to sign up.
There are many who held all cash thru the Bull market in fear of the coming downturn . The reality of rising interest rates will not match the irrational fear. Don't look for bottom look for a upward trend. For instance DocReits GLAD rules will locate my entry point.