I do not short stocks. I buy low and sell high. You shouldn't be concerned about what the shorts are doing. The only thing that counts is if YOU are making money. Doesn't matter what others are doing. Riding this stock up and down is not a good way to make money. I bought WIN at $8 and sold at $10. I collected the dividend and was very happy with the trade. When it gets back to $8 I might give it another try.
October is a bad month indeed but usually the bad stuff happens at the end of October. Does that mean the worst is yet to come? Hard to say because the FED has messed up everything. In the past we had small investors which kept some sanity in the market. They have run the small investor off and it is run by the traders. These guys are like cockroaches. When one runs for the exited they all run for the exit. They have the same play book. It is best to be out of the market until after October. Tell us what you think KID? You haven't jump out of a window yet, have you?
Hope is not a good investment plan. Stay in the income fund until you figure out what is going on. Maybe KID will tell us. KID tell us he is making money. Hoping he will tell the rest of us what to do.
What do you think KID. Is the income fund the place to be are you still making money in the market? You been shorting UTX these days? Making 3.45% is not good but better than losing 12%. Is fix income the place to be now?
Can anyone give an argument as to why CTL is a better buy than T. When I look at the two stocks T seems to be the winner. I lost my CTL after writing some $40 calls but wanting to get back into telecom.
You are not suppose to be in the market in October. That is when the market can crash. The only one who can make money in this market is kid. The rest of us have to settle for the 3.35%
I am sure you have more knowledge of Pratt's engine business. I can only repeat Pratt will have trouble with it's business model with Europe a mess and the rest of the world having trouble. UTX business model is global and if the world is in trouble so is UTX. If anyone chooses to invest in stocks better to go with companies which do not have global exposure. I find it best to be out of the market in October. That is the month where the market sometimes has a problem. You making lots of money in this market KID?
One day they have demand the next day they don't. Sometimes companies cancel orders. The stock market is forward looking. Apparently it believes these orders may not happen. Something is taking UTX down. Do you have a better reason?
UTX has a lot of business oversea. Europe is a mess and the rest of the world doesn't look good. They can produce all the engines the want but someone has to buy them.
Not going belly up but not going up. Looks like dead money to me. The income fund is the place to be for now. October is the month where we see the stock market crashes. Too risky to be in the market at this time. Wait until November if you want to buy stocks. I am not sure that strategy will work any more. The Fed has confused everything with their policy on interest rate and nothing seems to work like it use to. Having to spend more time in the income fund than I did in the past. Too hare to make money these days.
I had a big problem with the dividend. I bought WIN because it was a qualified dividend and I like saving money on my taxes. Last year after filing my taxes they told me about 60% of the dividend was return of principal. I had to file an amended tax return which did not make me happy. Did you like filing the amended tax return? Seems like management should have figured this out ahead of time. Keep in mind this dividend is 60% return of capital. At some point in time they have to start making money or cut their expenses. Cutting the dividend may be the easiest way of solving this problem.
Unlike some of you I am never able to pick the bottom or the top on any stock. Very happy with the gain I received from WIN. Just stating the facts. This stock has had a nice run on the REIT rumor but that is factored in. Do not see any good news in the future, do you? I see earning which will disappoint and if the REIT thing does not go through look out below. This stock has seen it's high for the year and the only way for it to go is down. I never fall in love with a stock. There is a time to buy and a time to sell. This is not what you call a blue chip stock and it can't keep losing money forever. I wish all of you the best of luck and you are going to need luck if you continue to hold WIN.
For some reason you guys seem to think anyone who says anything negative about WIN is short. I have never been short any stock and do not care which way WIN goes. Just stating the facts. Looks like WIN has started it's trip down again. I had own this stock at $8 and sold out at $10. I will watch the stock and if it comes down again probably buy back in when it gets to $7. If you people want to ride it back down that is your choice.
I have so much trouble with this site it is easier to do a new topic. I worked for a division of carrier. After utx bought us they sold my division to lear. Lear sold us to an investor. Then the investor file chapter 11. Now I receive a little pension from utx and the government pays a little. This is the game these companies play to let the government pick up their obligations. Let the tax payer pick up the pension, it has been so long it is hard to remember the nightmare. Maybe it is best to forget. Like I said, everything turn ed out for the best.