I did not realize that the fluctuation has been so high. On the long term chart the krone has been up over 9 krone to the dollar. I am happy to have money in an ADR tied to the Krone. It is a wild ride but gives some stabilization in the portfolio if the dollar goes to hell. All I can see is a return to 9 krone, because it has happed before and it seems that the flood of dollars will catch up to the exchange rate. However I have no clue, only I see 9 krone has happened twice in the last 20 years. The current trend in STO in Norway is up, and the current trend of the krone is up. You are right on this variable.
The high PE from the beginning has kept my money out. And no dividend when she tanks. Then everybody up here who holds become a bagholder. I never hold the bag. I learned my lesson two crashes ago
After a nice run on the Nasdaq, Facebook and its CEO are selling a big block of shares. Wall Street’s reaction: We’re selling, too.
Facebook says it is planning a secondary sale of 70 million shares, which at yesterday’s closing price would be worth about $3.9 billion. Investors are using the news as a reason to move their own shares, so Facebook’s price has dropped by as much #$%$ percent in pre-market trading.
But on the 5 year it is lower than ADR. currency difference about flat
Will the Fed just start putting the new money in the Treasury instead of its own pockets, like it should have a long time ago? I am the most bearish now than ever.
nothing surprises me, but I would never have bought this stock so that is where I am stupid
I really like STO the more I look at the big picture. I do not want to miss it when this one takes off.
see SEC filing today. The company claims no knowledge of the pumper fairytale glossy brochure but it was on their website too right? Anyhow, this is only a las vegas style slot machine job.
all yahoo can report is what is given, which is mumbo jumbo. yahoo is on the move.
on another note hedge funds do not follow one system of trading, as one person said the hedge funds will short at 40 dollars. for a fact it is not the case. various funds have various strategies which is evidenced by the wide variety of results amongst hedge funds. many funds cannot beat buy and hold the indexes in an up market or short and hold the indexes in a down market. all indicators for yahoo are buy and hold so far
hey punkin, after one day I am only still hoping of course. STO is a slow mover. I was stuck in a 6 month long slide then rebound, and only made money selling at 24.15 the other day because I had made money on the dividend. But the 1.60 was made in 9 days. I am overly optimistic.