Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
I cannot remember any company that within a month of its IPO is begging Congress (let alone market makers) to save its falling share price. Apparently their CEO (a former GQP congresscritter) believes that 'free markets' are great only when you can…
What would happen if stock trading was available around the clock
Some "investors" would get very little sleep! ;-)
First thing that came to my mind as well!
Go to sleep.
Wake up during the night.
Go to bathroom.
Short something.
Back to bed.…
The motivating factor may not be necessarily demand side. The supply side infrastructure has been built and those that built the exchanges and the pipes might want to offer the service to monetize their cap ex. Any revenue is better than zero
Agree…
Question for you smart guys, so given all this talk on divie's, the only reason to pick a stock that gives higher dividends than other stocks is if it is held in a taxable account since dividends are taxed less than regular income, right? There is z…
@rforno, new M* Investors (subscription) does have downloadable 1- or 2- page PDFs. Here is a sample for FMSDX that I uploaded to PDF Host and linked below for demonstration. More can get me into trouble. In the old days, these PDFs were free at M*,…
The Refinitiv ones are quantitatively helpful to corroborate things elsewhere, but I don't really put a TON of emphasis on them (or any research) in my own analysis.
I like that I can get M* equity reports in the old-school PDF format can make for …
Equity markets and their traders* need time to breathe, to pause, and assess - especially around news/earnings events. Turning the equity markets into 24x7 cryptocurrency will be significantly destabilizing, even if some think it's 'cool' and a 'gr…
Exited the small position in PSQ (inverse NASDAQ).. Pocketed a few pennies from last week’s romp - but too hot to handle. Added to CCOR and SJB. I’m completely out of my shorts, except the small bit in SJB - which shorts junk bonds. If we encoun…
Let us get back on track.
"The higher umbrella coverage you have you can bet your arse that your insurance company will fight like tooth and nails to defend you....the senior attorney's will work the case...they don't want to pay up..."
May be the…
WZRD didn't lose money this past month, stayed flattish. Low volume on many days, as it is new.
Well since it's pretty much still only holding cash or cash-like stuff, that would make sense....
WZRD managed to gain +.58% yesterday, so maybe it d…
Interesting new retail product issued by one of the original "Market Wizards", Larry Benedict. It dabbles in multiple option strategies, commodities, equities (momentum - he likes Tech), but can move to cash, etc.
It charges ~1% Fees. WZRD did…
Who's the more 'deranged' -- the person expressing rational opinions, fact-based information, who can disagree without being disagreeable, and engages in civil discourse or the one blindly treating a single person as if they walk on water and who is…
DJT has filed instructions on how to prevent shorting of the stock.
2 steps are common and typical - move stock to the cash side (from the margin side), discontinue securities lending program.
2 other steps mentioned may have fees - moving stock t…
Sold out of my DUK-A preferreds to raise cash for other potential purchases in the coming days. (Made a bit of CG on the sale in addition to some 6% yields back when I bought them but it's callable in June anyway.)
Even though it's down another 14$ to $22 and change as of 3PM, I'm sure the stock will go back up to the moon and beyond now that they've announced a streaming service!
"The streaming content is expected to focus on live TV including news networks,…
IIRC he only gets those extra 30m shares if the price is above 17.50 for a certain period of time. Based on recent price action, that floor may be breached in a few weeks. LOL
Interestingly in their (original?) prospectus they say they don't trac…
Well, at least all of this may serve to take Trump's mind off of the jury selection as he sits there...
If he can stay awake long enough to ponder it, of course. His fave NYT reporter said he kept dozing off earlier today.
BOOM.
Buried deep in the prospectus, in the list of 'Selling Shareholders' Donald J. Trump is listed as making 114,750,000 shares available under this offering at that insanely-deflated strike price. We all knew it was a matter of time before he …
DJT secondary filed for 146,108,680 shares of common stock and 4,061,251 Warrants (exercisable at $11.50; STRANGE, as options/warrants typically have exercise prices ABOVE the current prices).
https://www.sec.gov/ix?doc=/Archives/edgar/data/00018496…
The way the markets act these days, I'm not surprised. Just another 'routine' ME tiff so to speak.
Of course, if there was continued escalation or expansion, it'd probably be selling off for sure.....
" I purchased the required number of CDs at full price and then cancelled my memberships. Rinsed and repeated several times. It worked out pretty well."
@Observant1 - I always wondered if that would work. I suppose something like that wouldn't fly…
In his latest rant, he's pretty much begging his rubes (well, anyone at this point) to please buy DJT to 'show their support' .... LOL
https://www.cnbc.com/2024/04/12/trump-tries-to-boost-support-for-truth-social-as-his-media-stock-tanks.html
This…
@Old_Joe Who you call'in 'old'? :) We're well seasoned older humans with brain cells full of experiences and knowledge.
I kinda liked the bread toasters and other items offered by banks to open an account. I still recall promotion tables being set…
You realize that buy buying that set of knives, unless you click that tiny box next to the fine print to opt-out, you are also committing to buy a set of knives from a surprise manufacturer each month for the next 12 months, just like the old Columb…
Remember, the Equifax breach affected EVERY American, including legislators at all levels. If *that* wasn't enough to spur them into taking more dramatic action to protect people's data and punish violators, nothing will.
I'm reminded how little…
Wouldn't it be nice if the default for these credit rating agencies was to lock the accounts, and only be opened, temporarily, at request? Seems like that would be a fraud deterrent.
Sure but they couldn't then sell access to marketing companies to…
Morningstar's fair market value (Q) on the stock is ... $94.96 / share.
Seriously? That 'Q' must stand for 'Quack' or the infamous 'Q-Anon' metric. That's insane...
T-Mo was a HORROR SHOW in terms of repeated data breaches over the years. Like they were an annual event sometimes. I finally dumped them and went to T last January and it's been a much better experience ... plus I'm getting better rates/coverage,…
@rforno - since you're more educated about these matters what would you advise other AT&T customers who have not been contacted by the company regarding the data breach to do with respect toward their accounts? I ask because my son's family has …
Down 20% today......lol
Oh, wait - maybe this is why? "...it had a net loss of $58M in 2023 on $4.1M in revenue."
When regulators inquired about Truth Social’s number of signups and users, the company pushed back, and ultimately disclosed only …
Down 20% today......lol
Unless he's already approved to be selling, they better warn the housekeeping staff at Mer-de-Lardo, since they may be stuck wiping ketchup off the walls by the market close. ;)
Oh, wait - maybe this is why? "...it had a…
Supposedly you can undo it for a day if you have to apply for credit.
Since then, we have had our information stolen at least two times a year. This year we have already hit three.
The only thing the companies who get hacked ever offer is "Cre…
Just wondering, when or where or how I ever gave these 3 entities + two I never heard of (thanks @rforno) the right to comb through any of my files or data batches to produce their rating/scores. Yes I know that it's all required to open accounts bl…
