Thanks for confirming that for me. I was short 3000 IP and did not want to pay the dividend, so I covered yesterday and will try to buy back today at a decent price, pocketing $750 along the way. IP is sporting an incredibly high PE (63), earnings (TTM) are only 57 cents and they pay a one dollar dividend.)They are selling off land to pull off this trick. All of their divisions are down Y-O-Y.) I think it is a good short. Look at the graph and see what you think.
I wonder if so much market movement attributed to Greenspan is realistic. From the amount of interest here which is attributed to him he must be some kind of 7/24 on the job superior being. I doubt he is such a guy. bwdik.
Orvis In edit he is speaking now and market is dropping. Guess he maxed out his credit card. LOL
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