Gen: Don't read too much into it. He just sold to cover the tax load its done in every company by those blessed to have free shares granted to them.
Corrigan and the rest of them have more at risk than all of us have, I would wager that if it were his choice he'd be holding those shares today.
Now to real business, what the hell prompted this run-up? I'm at a complete loss as to why.
I can't believe this is just coming up now it was emailed to me yesterday. And its exactly as Slugger presented it, a tax generated situation, Corrigan does the same thing every Jan. when his options are granted. I really expected to be taking shots at all the folks that would play it as the sky falling game this AM. Its a non-event.
I'm really ticked about the ST foul up this morning, it cost me one big pile of cash.
Slugger: Not seeing any clear reason to have a run up was the only reason I delayed and didn't get in yesterday then missed the whole deal with the ST screw up this AM.
I still don't see any reason for it but sometimes a gut feel is the best bet.
wb: This is one time I'll let history due the thinking for me. In almost all up tics with Z there has been a sharp profit taking shortly thereafter. Then an other rise. Just going to wait it out. What rotten luck. LOL
lild: I'm sitting here rubbing salt in my Packer wounds and preparing for baseball. What a revolting situation.
What's your take on Z? I was looking for a $.90 bottom and then loading up it never came close?
Tab: There is no problem with the support, its the combination of hellish cold and the late mailing to the season ticket holders and slow mail delivery. If it isn't sold out in time I'd guess Schnieder or Millers will belly up to the bar.
By the way I meant to write that LP is$2.59 one place I called was $2.89
Tab: Better than Eddie Lacy and James Starks? Me thinks not. Its hard to believe but there are tickets so far unsold. I'm under the weather so the 3-1/2 hour trip to Southland, Green Bay, is out of the question. Drat. Its going to -28 F up here tonight and I just ordered a fill up of LP Gas its 9 a gallon. I've never seen it that high.
I'm watching Z like a hawk if she does a pull back from this run up and then starts forward I'm in big time.
Tab: These Jack Pine Hillbillies up here camp out in the freezer all summer just to avoid having to acclimate in the Fall. Last night I set a bucket of steam out on the porch and it froze so fast the ice was still warm.
By the way the Gun Slingers are loading up. If the get Tanaka it will be interesting.
Suz: I was a freestyler in my swimming days. But I was also a good breast stroke guy. LOL
How do you spell Upper Michigan? Answer Brrrrrrrrrrrrrrrrrrrrrrrrrrrr! -38 F wind chill last night, worse tonight. Thank God for Bowel games.
Tab: Latter today I'll run the full years numbers, due to the chippers all chiming in very positive it should look really good. If Z could have done anything except tank it would have been my best year yet.
As to running I'd be willing to bet Slugger and I are in the same health program, never get off the couch-use the clicker, eat only the best steaks-less exterior fat, never do anything that you can get someone else to do, never walk the course- too many nice carts to ride, limit the amount of alcohol that those around you use-its like averaging down. The objective is to save the energy for a different type of exercise that shall remain nameless. LOL
Slugger/Chevy: I've watched WYY for a short time but lost track of what was going on while I was partying in AZ. My feel has been the contract should pull them into the low $1.80s. What's your take for lets say 45 days?
Slugger/Suz: The same to you and all others. Maybe a change in fortune for Z after the 1st of the year.
Slugger: Rodgers should be back next week, that should change the dynamics. What a bummer yesterdays game was.
Jim Still calm
Slugger/Econ: This time I think they are somewhat more serious. When I get time I'll find the article. I'm partying in AZ and am barley in touch with reality this week. LOL
Jim Still calm
Slugger: Poignant. After all the bumps in the road this year it turned out to be a banner year for the company, we plowed almost everything back into inventory. So now in iron rich and cash poor. LOL
By the way have you heard or read anything lately about the SEC wanting to go back to trade rules similar to what they had when the 1/8 was the smallest amount of difference allowed on a trade? I read about it 2 weeks ago and haven't heard a peep since. It would sure be nice to blow away all the computer generated sub penny traders and get back to sanity in the trading market. Even an old buy and hold guy like me would do a bit of dabbling in the in and out game.
Jim Long and calm
Chevy: Gambling yes but I'm not certain entertainment applies anymore. LOL
Me I hold 12 chippers and check them first thing in the AM and about 2 PM just to make certain none of them hire an ex HP or GM CEO. As to Bio Tech these thing are a load to keep up with and the variables are the most unpredictable of any industry I have ever invested in. Lots of money to be made but as the Coen brothers movie states "Bad country for old men."
One bio, and its still ZALICUS, for me, I'm just holding a few hundred shares to keep the market updates live on line.
Jim still calm
Faks: If your referring to the reaction to the long term investment strategy that ones simple. The majority of the money in the market is here for today and today only. Any investment prudent or not is looked upon as staling their money as opposed to improving the companies chance of survival and market dominance. A hack of a way to run an economy.
Jim Still calm
chevy: Scottrade is overly cautious on the unsettled funds, that I can understand but sometimes the amounts are modest and the MM a major major player and they still hold tight. The only way to beat the game is to have Is to have extra cash or play a split 3 day rotation on the buys and sells. I'm not certain it will make more money but you'll feel better.LOL
Jim Still calm
TB: He's alive and well and running a major real estate investment firm in Dallas. One of the good guys. I saw him in a film of his first ever preseason game. It was one of the worst performances by a QB I ever saw. Goes to show you what value to put on first impressions.
Jim Calm as ever