I am guessing you do know the 500 / 600 was pre split ? THat was 10 to 1 I beleive which makes it a 50 /60 dollar stock if all is well. BUT ! That was done on a race up to $25 from 7. Had it split, and not been manipulated it would have been .70. It started at 5.50 after the split and adjustment which was gracious. And here we sit at 50% 0f that. Your right about IHUB and instant gains, the only reason I joined. News and insight about flipping stocks. No one here, or very few here are reading this site looking for a LONG stock. Be happy with a 15% gain over 20 years ? THat is worhtless to a poor person.
Even with the buy ratings from big banks, I think they are just feelin it out. 1% Institutional holdings and the recommendation from Deutche is on a few million shares (why) ?
This economical turn is not going to be as big as normal. People at my level are still not making a decsent wage. it sucks, but guys like Icahn, move in, make demands, cut the work force, dilute the company, increase PPS and sell. Leaving those that bought in on the GOOD RISE of the company holding the bag he took from. I think to there are many manipulators on the mutual fund and state owned retirement plans. Yes, they may say they are looking out for the "WORKERS", but really, they manip the prices on buying days and selling days. Watch it 10 years ago on y 401K. They actually called me telling me I SHOULDN"T move my money in and out.
It was funny because I was making good money doing it. Now they charge fees,and add penalties to these moves. No way to really beat them. There would be day 6 of the month and they would buy X amount of their own fund to sell to our 401K. It was always the highest price of the month.
It goes to show how in the closet the actual USA citizen is these days. They don't have a clue and trust everything. The media too is getting paid, (somehow) to keep it quit. I mean, if you are a reporter for CBS news and follow something like this, want to report on it. It will go to the top for approval. Squashed.
Things like the recent IPO's. "I" couldn't get twitter at the price all the big investors got it at. I tried, but the only price I could touch was the 80% gain from initial opening price. So why is it announced on CNBC that it went up 80% ? No retail investor got it at those prices. Big COnspircy at the top umong the rich and we sit down here believe all is fair..
