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Friday, August 07, 2015 5:28:33 PM
DIVIDEND YIELDS ARE NOT PROVIDING SUPPORT
By
DOUG KASS
| AUG 7, 2015 | 3:36 PM EDT
Solid piece by Jim "El Capitan" Cramer on the subject of dividend yields no longer supporting share prices.
I would add another.
Many stocks, owned by the most informed and analytically rigorous hedge hoggers extant, are getting schmeissed.
Case in point, Sun Edison (SUNE).
If Omega, Third Point and Greenlight, among others, are getting hurt by large holdings that they have conviction in - what is the chance that us peons will be immune to a punitive market?
"The Investors's Chief Problem--and even his worst enemy--is likely to be himself"
---Benjamin Graham
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