The drop in gold and silver seems to be telling us that Janet is serious this time about increasing rates.
Oil should follow it down along with the market...except for my BAC and TVIX!
I just did...you are on ignore.
I am still not long SFL, but I have already traded out of that position with a profit...somewhere around $3.40 if I recall.....I did buy back though at under $3.00 at various levels....average price now is $2.66...still a loser for now, but we shall see...trading the TVIX is extremely difficult as DH has outlined....still, no reason for you to be an #$%$#$le about someone's trading mistakes.
Rates going up DH....buy some BAC, LOL!
They will be raised this summer...the market is at all time highs so Janet sees enough froth to increase rates and take the market back down a peg to more realistic levels...that's how she thinks.
I Agree, FBG....and I don't understand why the price is not at least over $10. as we speak. Phase 3 is the most critical of all the trials IMO....many fall by the wayside here....lets hope ADXS is not one of them....my portfolio could not stand to have another ADRO.
You have been right on the bottom, Biotechman......my only fear holding PPCH is that half a billion in outstanding shares...way too much....are you concerned about that?
Keep the info coming....
Meanwhile, I bought it under $6.00 and its headed to over $11.....summer Olympics in Brazil, should bring
thousands of Zitka cases to the US....and INO to well over $15.
Quite a depressing history lesson Mark....however, you are right on the button as usual.
The biggest problem in all this as I see it, is Govt Regulations...they actually restrict banks ability and desire to lend money....that's where we are right now. Banks will not loan money unless they are 100% sure they will get it back. They lend to business/Corporations who take the money and buy back shares of stock, increasing their stock's dividends, and lining their own pockets with outrageous salaries and bonuses...Pay back of loans is assured. Why take risks...why risk more scrutiny from the regulators? Just sit on the money and only lend money on sure bets....the Govt is our biggest problem here....not the Fed...although our girl Yellen is clueless, govt Regs do the most harm to the banking system.
Finally got out of something at the right time...should have sold MORL too....was looking at DUST
at around $1.00 this AM....was going to take a flyer because I thought the FED would increase rates....imagine if I said the hell with it, and bought 5000 shs just for insurance!!!!....oh baby. Would have been the trade of a lifetime.....!!