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1 TDG2112  Mon, Jan 28, 2013 12:06:05pm

Something screwy is always going on it seems.

This one annoys me more than most, as Apple just posted record sales and earnings. And Apple’s Guidance was more accurate than it has been in years. So punishing it seems stupid. I figure investors had just gotten used to Apple beating it’s own guidance by huge amounts. But I think it should call into question what Apple was doing before.

But hey, I bought Netflix at 80ish only a few months ago, so I’m fine.

2 Destro  Mon, Jan 28, 2013 1:18:53pm

re: #1 TDG2112

Something screwy is always going on it seems.

This one annoys me more than most, as Apple just posted record sales and earnings. And Apple’s Guidance was more accurate than it has been in years. So punishing it seems stupid. I figure investors had just gotten used to Apple beating it’s own guidance by huge amounts. But I think it should call into question what Apple was doing before.

But hey, I bought Netflix at 80ish only a few months ago, so I’m fine.

Capitalism (at least the Wall Street kind) is for suckers.

3 JeffFX  Mon, Jan 28, 2013 4:23:18pm

re: #2 Destro

Capitalism (at least the Wall Street kind) is for suckers.

Capitalism allowed me to accrue enough wealth that I could spare some of it to help keep Romney from fucking over people less fortunate than I am.

You’re right that playing the stocks is for suckers, unless you’re an insider, or seriously invested in the long-term prospects of a company. You can do a lot better playing poker with your friends, because that’s an even playing-field.

4 Aligarr  Mon, Jan 28, 2013 7:32:50pm

A plot no doubt ……..follow the money to find the rats . One must consider the boys with the supercomputers in NJ , recently installed a fiber optic cable to react in nanoseconds . They’ve been doing it for pennies and half pennies x’s a billion which equals big profits from minute changes in prices ….they may be shooting for big fish . At any rate something stinks .

5 Destro  Tue, Jan 29, 2013 1:13:21pm

re: #3 JeffFX

Stock should not be traded like this. You should at least hold stock for a month before you can re-sell it.

Also, only sell stock that pays dividends. What’s the point in owning stock that does not pay you a profit? No more different level of stocks sold - one for the in crowd and the others for the man on the street.

A company should raise money by selling dividend paying stocks or via bonds. If they can’t pay a dividend then their stock is suspended from trading till they can.

That would be a form of regulated capitalism I could stand behind.


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 Frank says:

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