Things look a LOT different, let's say, if someone bought this in just the last week.
Or even today.
But I remember how it used to be where it floated between $9.60-$10.10 for quite a long time.
My Ed Jones guy says he is on conference call quite OFTEN with GIM and they are always VERY forward looking and talk the good talk.
Currencies are under attack all over the world.
I do not believe there is A SINGLE ONE that they have invested in that is a winner AT THIS TIME.
I have been in this for over a decade and these events do not turn on the upside quickly.
I can see $4.50-$5.00 coming. And rather quickly I may add.
No fee card with double or even triple miles vs. my $95 card with single miles.
Get to Tokyo and Moscow MUCH quicker.
Actually......just quit using it. Need to cash out my miles and then disembark without hurting my credit score.
I think what you mean is how much REVERSE ENGINEERING does China do on western products since they haven't had an original idea since gun powder.
I know. Just sayin. I get most of news on this from Morningstar and other wildcat news sources. When I read about Hasenstab,it is never form GIm,it is from other media outlets.
I'll hang in there.
My cost basis was $4.69,had it for years and collected thousands in divvies.
I won't be looking back too soon.
But IF I was a trader..........the last few days would have been a $$$$$ maker.
And ZERO communicado from management ever.
At least on most of my stocks we have CCs and call ins.......here nothing.
I went back over a year in "headlines" and all there is,is the monthly dividend announcements and allocation reports. Other than that.......nuttin.
I guess I will pay special attention to the ONE TIME,forward looking, shiny portfolio that comes to me once a year.
They must be locked into their commitments and not be able to adjust their monetary instruments even when the sky is falling or continually making bad choices.
Who cares really.
We might see a twenty cent reduction at the pump.
Price may even increase since consumption may fall and they will gouge those who HAVE to buy.
That's because almost the entire country is a welfare state since Saudi born nationals abhor labor and have 1/2 the population of Pakistan to do the work.
Like Dubai in the U.A.E.
Out west here......price at the pump is the same as when crude was $80.
If there was this so called "glut'....the price of the pump would reflect it instead of pricing it as there is so little of it that the stations charge you for a rare commodity.