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Don't forget: Walgreens put in a bid for Rite Aid
That's a great ending to Friday the 13th.
I'm not even going to try, lol. I'll see how it looks after Tuesday.
I'll admit that their IR department sucks, but this isn't down so much on competition arriving. It's more so down on the secondary offering at $29/share. They've had great earnings this year, and it will get better. Eventually, pps will have to reflect that. Here comes Fossil trying to revive itself through the purchase of Misfit - looking for a lifeline. Apparently, they believe the wearables market can save them. The only real players here are: Fitbit, Apple, and Garmin. The Chinese crap will impact a small portion of the market. I almost sold at $41, but it's ok. I have more to load here while it's on sale.
That was me ;)
But there's always one who comes out ahead of the rest
But in general, I don't watch any of them. I will watch FOX, though, if I decide to tune into the "news".
Don't forget MSNBC. FOX blows them away too. I think FOX has more viewers than both networks combined.
Ain't that the truth
Do you know what performs best in recessions/depressions? Booze, cigarettes, convenience stores, and prostitution. If we could only invest in Greek prostitution along with the others we'd have the entire gambit covered for amazing profits!
It'll be coming to a head in the U.S. pretty soon IMO. That little blip that we had with the Shanghai Composite back in early July was nothing compared to what is coming, and now they're sounding more serious about raising the rates in December. The market will take a hit - flooded with digital money and no substance to back it. The currency isn't there to match what they've done. Next year has the potential to be a disaster.
That's interesting. Next week will be a fiasco.
Look at the volume today, and what's up with that bounce...dead cat?
Good luck! I'm waiting to see how next week pans out
"The floggings will continue until morale improves!"
Seems appropriate here
The Greeks seems to be tough nuts to crack. They can't surrender themselves fully to the adjustments which they must endure. Still in partial denial?
Maybe they need the write-off, lol
Read something where they were suggesting oil wouldn't rebound to $80/barrel for several years now. Some of these companies are going to die waiting. Who comes out on top in the end? That is the question.
Yep. It has become quite the crap shoot - much more so than I originally thought. I have to say, though, for the lessons learned, it has been good. Now, to try to make some money off the new education. We may take a few more lumps before this plays out completely. I'm thinking about buying into something more solid until the smoke clears here.
And before that, what seemed like solid, positive news had little effect on pps at all. I think we'll test the 52 week low. I have no idea where it'll be for the R/S. I'm not sure that I even want in before the R/S. I might wait until it goes through and see how it behaves in the following week. Imagine a post-R/S price of $7 - just pulling a number. If you bought in at $.50 pre-R/S and now have 1/15th the shares at $7/share...that's a lot of room to fall. I don't think it should go down after the R/S, but I don't put it past the possibilities.
Lmao - Great post beta! I laughed halfway through the first paragraph. I knew where you were headed!
Happy Veterans Day to all of my military brother's and sisters. Speaking of sisters, this board is missing the intuitive insights of female investors - maybe because their intuition says stay away, lol. Oh well. I like to take a risk here and there.
Upper 40s tomorrow...cold front moving in on NBG. I'm waiting for that good arctic blast - when everything is bleak and at its lowest.
That's what the saying means, bar...geez
You remind me of Lt. Steven Hauk from "Good Morning Vietnam", and Robin Williams character summed him up perfectly:
I think we'll all agree with you there, Saint. The R/S is coming. The blood bath continues...
Someone here brought up the old saying a week or so ago:
It's always darkest before dawn. We're almost there, but then again, I've thought that before.
Going to start farming? Lol
A new investment idea to take your minds off of NBG for a bit (Caution: language)
The question is if and when to get back in. There is tremendous upside potential. I don't have much time to do homework this week, and I'll be chasing Whitetails in the Atchafalaya basin this weekend. Sunday evening will be crunch time for me - ahead of the vote. R/S or not, there's no way this stock should be this low. Once the holes are plugged, we'll begin our climb from the trenches. Greece has to get their crap together, too.
Bar1080
I hate to point out the obvious, but my gut (through observation and processing of that observation) said to sell because NBG would dive further down, and ... Wait for it ...
It did! And it still is! Oh...My...LORD
See what I did there?
Exactly.
It ran up pretty well after the last drop to the $.40s, but the R/S is a game changer.
'bovine stare' mode
That's funny stuff
I've been in since July. A lot of these other guys have been riding it down much longer. It's so hard to judge this stock for the swings. I'm on a hope and a prayer right now that my gut doesn't mislead me. If I buy at .45 I'll be averaged at .76 - which beats my original of .98. With so much uncertainty and a vote pending at NBG, I don't see a reason for this to go up this week. I believe it will bleed into the beginning of next week. Then, we'll see how the vote turns out. I need to check past R/S pps behaviors to get my head ready for next week. The volatility here is unreal, but it offers great potential.
I noticed it held pretty well all day, too. I expected low $.50s today. I think we see $.40s once more. That'll be great for me. I'll be back up to my original share count at $0.45
I believe that, too, but they still need to plug that hole. Confidence will boost with the debt gone...and then there are the non-performing loans.
That's why I got out Padrino. Panic leads to more panic. Deep discounts to be had soon. I'm hoping to pull ahead of my original share count...by plenty.
You got it Mierto.
I know it, Sundance. I hope it turns out great, but I can't watch any more erode my position. I'll get back in - hopefully at the right time.
Got out this morning. Waiting on a little more clarity - still following closely. I held through a good bit of it all, but I'm not holding through the vote, dilution and R/S. I played a swing wrongly a few weeks ago and cost myself a bit. At this point, I'm waiting to see what happens before making any more decisions. I'm willing to ride it for a year, but I'm not willing to be dragged through the trenches in the next week. I may be wrong. It's a risk either way - staying in or waiting on the sidelines. I choose the sidelines, for now. I'm not interested in the current exposure.
It's drearily quiet in here. The suspense is killing me. I guess everyone is just waiting to see.
That's the plan, Rocco
I have another play for this money until then. I'm just waiting on the price to come down a bit more.
Adios, muchachos! I'm ducking out until this blows over.