MyGoldenStool Posted May 28, 2003 Report Share Posted May 28, 2003 Meta, I donged GNSC @ 1.40. Looks like they are breaking out. What do they do? Might as well join the insanity and have a little fun. Hey, I remember that one, some kind of "bioterd". Actually managed to get 100 shares at $14 or so when it IPO'd. Flipped them at $18. Those were the good ole daze! Link to comment Share on other sites More sharing options...
soup Posted May 28, 2003 Report Share Posted May 28, 2003 I would not be too concerned about 1-2% div ylds, and for the higher div stocks ( if they are able to maintain said divies) do not short. Link to comment Share on other sites More sharing options...
FeedFool Posted May 28, 2003 Report Share Posted May 28, 2003 What's wrong with this logic: New tax bill crucifies people that decide to place their dividend paying dongs in a margin account. Knowing that by putting their dongs in a cash account, the get effectively 20% more return, they do that. It leaves less stock to short... BUT The set of people that trade this as a bear market doesn't change. They think stocks are going down, but now there's a lot less stock to short. SO They look for other ways to make money in what they believe is a down-destined market. Does this make a case for ultimately higher put option premiums? I'm not saying, just saying. Less stocks = less shorting. When the drop does come there is no short covering or short squeeze. If any one still wants to short then they will have to pay a higher price. Remember trades short junk, which doesn't pay any dividends. Link to comment Share on other sites More sharing options...
Auntie Septic Posted May 28, 2003 Report Share Posted May 28, 2003 btw: very few stocks pay dividends, and those that do are marginal at best. In terms of number of companies, I totally. agree. In terms of number of total shares, I think the ratio is better, especially if you limit your search to the Dow. Of course, almost no Nazquack stocks pay any substantial dividends. The quack is just a sell-to-the-bigger-sucker game. Link to comment Share on other sites More sharing options...
Bird D Durr Posted May 28, 2003 Report Share Posted May 28, 2003 Frazier's retired..............Don't even let the thought cross your mind......................... Link to comment Share on other sites More sharing options...
DrStool Posted May 28, 2003 Report Share Posted May 28, 2003 Anals mid day update, Click Here Instant access Click Here Link to comment Share on other sites More sharing options...
wndysrf Posted May 28, 2003 Report Share Posted May 28, 2003 Thank god there is finally a dip buying opportunity in NTES, SOHU, SINA...... Riverboaters, go grab 'em.... Sold my longs in GLG and RGLD. Selling volume too heavy. Watching and waiting..... Link to comment Share on other sites More sharing options...
PileDriver Posted May 28, 2003 Report Share Posted May 28, 2003 What a spectacle/circus. I love all the hopes pinned on "second half recovery" prospects and hence why EBAY is a steal at 500x revenue Link to comment Share on other sites More sharing options...
TheMotleyStool Posted May 28, 2003 Report Share Posted May 28, 2003 Fox News (ha ha) is spinning how the economy is ready to take off due to lower oil prices and tax cuts. The freaking propaganda is so thick that you can cut it with a knife. But it's true! Oil has even dipped below $29 today! http://www.marketwatch.com/RealMedia/ads/a...n4!Sidebar2 $29, CHEAP! That's almost as low as the $18 oil the bulls promised we'd see post-war! Link to comment Share on other sites More sharing options...
PyurAureo Posted May 28, 2003 Report Share Posted May 28, 2003 I think my compuker is broken, thought I saw a red number Link to comment Share on other sites More sharing options...
Guest Posted May 28, 2003 Report Share Posted May 28, 2003 But it's true! Oil has even dipped below $29 today! http://www.marketwatch.com/RealMedia/ads/a...n4!Sidebar2 $29, CHEAP! That's almost as low as the $18 oil the bulls promised we'd see post-war! Ha Ha -- Heard guy on crapvision saying that today's bad economic reports were the last of the bad news left over from the war. They're shameless. Link to comment Share on other sites More sharing options...
soup Posted May 28, 2003 Report Share Posted May 28, 2003 Hey, this little dip in ebay I guess should be bought? And now that the brief correction in the snp is over , well, back to our regualry scheduled jam fest. Link to comment Share on other sites More sharing options...
Everybear Posted May 28, 2003 Report Share Posted May 28, 2003 $TRIN hit a HOD just recently meaning there's thrust in the pull-back. Now, if only we could see the indices closing slightly in red, we'd have a nice shooting star... Link to comment Share on other sites More sharing options...
Guest bullseatshitndie Posted May 28, 2003 Report Share Posted May 28, 2003 gold up nicely off the lows Link to comment Share on other sites More sharing options...
Sphinxter Posted May 28, 2003 Report Share Posted May 28, 2003 US durable goods orders tumble By Peronet Despeignes in Washington Published: May 28 2003 14:00 | Last Updated: May 28 2003 14:00 Orders to US factories for durable goods fell in April at the fastest pace in seven months. The drop was broad based, but somewhat exaggerated by a drop in orders for military equipment. The Commerce Department said orders for durable goods - items built to last at least three years - fell 2.4 per cent in April after a 1.4 per cent gain in March. The drop was bigger than most economists had expected. Reality: 42 Economists: 0 Link to comment Share on other sites More sharing options...
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