$12 or so this week. Just not enough conviction here. No insider buying, turmoil up top, coal is out of favor along with iron ore, and I'm really not sure about that dividend anymore either.
I haven't used this site in over 15 years. garbage
I meant foreign companies. I didn't realize GM and AIG were "nationalized."
Perhaps you are right, but I think the market is abut to correct huge, with the momo's that people got rich off crashing first.
I have question concerning nationalization. I have yet to see it in my life and was curious what happens to the stock in public companies if it happens. Let's just say hypothetically, Putin decides to nationalize a company. Does the stock go to zero? And if so, (and let's say you are short), would you be able to collect on the bet?
Another question. Does anybody else think these internet stocks with no earnings (even the popular ones) are about to crash? It sure looks like it to me. I think all of the once (last couple of years) "high fliers" are about to get crushed. Any thoughts or opinions on this? Thanks.
First time I shorted this stock was at $93. Gap at $43 closed this morning.
If it closes green then it will most likely be a true reversal. jmho, good luck all