the only problem is it seems to keep going down. You bought at 12.9 and now it trades at 8.98 , that is a 3.92 dollar drop in stock value.,
A 30% decline. Now how long does it take to make that up with dividends, especially if they keep cutting?
and the next crash is yet to come? How much have we gone up since 08 with no interest rate increase from the Fed?
bought at 12, 11, 10, and 9 and all along the management kept telling me the book value will stabilize. Now if it were stable do you think that this stock would be selling at 9???
Look at RCL stock which was selling not so long ago at 82. All of a sudden they come out and say their next ER will not meet analysts expectations. Not the stock has tanked down 5.70. I think in many stocks there is a lot of insider action and the ones in the know make out well but the stockholders always come out holding the bag. That is one of the perils of being in the stock market. U got to be an insider or someone who gets wind of what is going on. Back during the crash of 1929 didn't Joe Kenney somehow get some information that caused him to get out in time which resulted in him staying rich and getting his son, John elected?
and recommended to not buy.
what happened to the "another fizzle" guys?
I have talked to Robin several times in the last year or so but she does not answer my questions. All she does is tell me to read all the articles as if they are accomplishing something.
This stock was given to me by a investment advisor friend of mine who said he had a hot one here and at the time he said it it was over 7. Here it is a year later and now cant even get to 3.
What are they doing in their research behind closed doors? Only God knows.
I'm 75 years old now and time aint on my side. This stock so far is turning out to be a dog.
If you knew that for sure then why do you even bother with this stock? There are many out there that are worthy of your attention.
How about Kite? Is it a good stock? They seem to be getting involved with Neostem.
Not a very strong performance.
pacman, I don't think you understand. I did the same as wiseman. buying at 8.8 and selling at 9.07. Was ready to buy back but am holding off to see the market will do next week. I could have bought back at 8.91 but with the risk that this might be a correction I held off. Even though I have a base position to collect dividends I have day traded this stock over 50 times to lower my cost. The problem is I bought in too high at 12 but I did get my cost down to 10.5.
and you are so stupid to realize that no matter what you do wave or no wave they always find a way to #$%$.