Haha. Yes, classic.
That reminds me I recently called Serve to ask them why they started charging a $1 fee charge each month for card users. That's exactly what they told me: "This, of course, is so we can serve you better." I guess others will have to get the benefit of that better service; they won't be serving me at all because I cancelled my card.
Some might wonder whether making a website less functional, less convenient, and more cumbersome to use is really serving anyone. As you point out it is apparently serving Yahoo, by increasing their revenue.
But I like the deceptive explanations these businesses serve up for promoting their own interest. Reminds me of Newspeak in 1984.
looks like they have somehow isolated the message boards from the rest of the data available about a stock. you can no longer link to chart, summary, price history or anything from the message board page.
who thought this was a good idea? what it is is a royal pain in the #$%$
well, as you can see, mav_resurrected is xt's hired muscle on this thread.
he plays the part of the "enforcer" so to speak.
this is kind of like the capitalist ideologue version of "re-education" in Mao's China.
these two are just trying to set deluded people straight and get them back in the "party line."
Wonder how old they are. I'd imagine pretty young, both under 30. They would have made good Red Guards. But this is a different age and a different ideology.
Some interesting points from an article on this very subject:
Rafanan said that most workers in the fast food industry don’t get paid sick leave or benefits and can have their hours cut without prior notification.
"The issue is, 'What does it take to just meet the basic needs of a person’s life in St. Louis? The Economic Policy Institute came out with the St. Louis number. For one adult and one child in a moderate lifestyle, it would cost $46,000 a year,’’ Rafanan said. “If you’re working full time in a low-wage job, you’re bringing home $15,000 a year, if you’re working full time. So you need three of those salaries in order to take care of yourself and one child.’’
Although fast food jobs were historically held by teenagers, Rafanan said a growing number of adults now work in the industry -- a result of the changing U.S. economy. These workers – many of them women -- are forced to turn to the government, their churches and families for financial support, he said.
"As a community we are subsidizing these low wages,’’ Rafanan said.
I don't and never would eat at McDonalds.
But I have no idea how it is possible for anyone to live on a mere $15 an hour.
Anything less is basically slave labor.
They should be asking for more.
I'm not 100% what you're trying to say, since it's clear you have only the most rudimentary grasp of the English language.
But you are making a very important point about the market here: it is very possible to lose everything, and quite a few do.
Over long time periods most traders go bankrupt. Even the legendary traders who made millions usually went bankrupt many times and the only reason they were able to keep trading at all after going bust is because they had friends in high financial places to loan them money to get back on their feet. The average trader doesn't have that luxury and when he goes bust, that's the end.
It sounds like that was your situation.
Of course you'd never know any of this from reading Yahoo message boards, where each poster is trying to outboast the rest and claiming that thanks to their great trading skill they are soon going to "retire." A lot of these people are just playing "fantasy football," it's true, but the fact that they are anonymous and never have to show their faces to anyone allows them to keep "living the dream" and even acquire faithful followers.
Overall I don't disagree. You make some sound observations here. But you are still trying to time the market Trying to time highs and lows diminishes your returns in the long run because over a long enough period of time you will be hugely wrong just as many times as you are hugely right. Market timers always make the mistake of just looking at their most recent lucky gain. They see that they got in at the right time or got out at the right time, and feel great. What they forget is there will be a time when they get in at the wrong time or get out at the wrong time and give everything back they gained. Over time the losses incurred by market timing tend to equalize with the gains. In a trade where you always have an edge, like short volatility, there is no reason to ever stand on the sidelines. There is no reason to ever be out. You just need to manage your position size and make calculated decisions on how much to buy or sell on big price moves.
Lots of people here like to poke fun at the insane bull fedrally, but fedrally will probably do better than anybody else here in the longterm, assuming he is really practicing what he preaches, because from what I understand fedrally is willing to buy at all levels. He will buy it high when it's high and buy even more when it's low. He's not trading in and out, and not trying to time. T
anyway, reading the stocktwits streams today you would think NBG and SODA were entirely different stocks.
the market has no memory and no patience. it's a combination of senile old man and hyperactive child.
few and far between are the longterm investors with the guts to hold for years, ignoring meaningless noise and meaningless short term fluctuations. but if you can't do that, if you let the whiners and the manipulators cheat you out of your $$$, you're a goner in this game.
never ceases to amaze me.
anyone read the stocktwits streams today for NBG and SODA? I own both these stocks, and both have had message boards and tweet streams swamped with bashers trying to get people to sell. yes, it was the two usual suspects: shorts pretending they have no position, and bitter sellers who sold out early out of frustration and fear and want everyone else to sell along with them, because it will hurt too much to see the stock rise in spite of them after they have gotten out.
well, this is why I always like to do buying during "quiet periods" when a stock is barely moving, and bashers rule the internet roost, flooding all available outlets with pessimistic misinformation. I doubt NBG will ever see 4.50 again.
I don't think anyone can answer that.
But you might just want to attribute it to "reversion to the mean."
There isn't much justification for SODA being at these levels to begin with, even without the possibility of a buyout/parternship with a major player. A more reasonable pricing will ultimately prevail. The AH action may just be foreshadowing of that.
They can't keep SODA down forever. Many are short, but many are also very aware of the value here.
this is going to be the year that mining stocks and commodity and materials stocks generally shine.
make sure your portfolio contains plenty. gold, silver, rare earths, aluminum, coal.
really can't go wrong with any of america's most hated right now.
what I'm enjoying is the barrage of negativity and doubt expressed in all the recent posts here.
if someone asked me to make a forecast just purely based on sentiment expressed in recent posts on the vol boards, I'd say SVXY is gearing up for a massive run that is going to be a cause of much "shock and awe" to those who have moved to the sidelines, or, even more foolishly, gone long vol.
by the way, a better question is:
given the interest on these calls, and the general knowledge of it, why did NBG experience a severe and unexpected price drop in early 2014 after remaining in a fairly static higher range for so long?
once you've figured out that answer to that question, you won't have time anymore for your first question. you'll be too busy buying calls for yourself
they say that the best way to learn is by doing, so my advice to you is buy some of those calls and find out.
don't worry I'll be right along with you; I own heaps.
I seem to remember when this was trading around 10.80 some people came on this board asking if they should buy more and some posters on this board replied that was the end, NLY was never going to go higher, people just buy this stock for the dividend so don't expect price appreciation.
gotta wonder where people come up with this stuff. and that is a forecast for a stock trading under BV no less, that has been slammed hard as any cursory glance at the chart will reveal.
strange lot on ymb.
Raised their PT on ANV from $6.83 to $8.19
Don't know how long this post-earnings buying opportunity is going to last. But we're lucky to get one more chance to accumulate at these low levels. Sometimes the market is too kind.
I hope this isn't real money we're talking about here but the trading equivalent of "fantasy football." I love your wild dedication to long volatility, but I'm afraid you're on the fast track to debtor's prison.