4 replies to this topic

[greenie]

That is one year's dividend on this value trap, right? Waiting for 50% gain however.


Also, please tell me from this chart, which one would have been a better short over last week?


http://stockcharts.c...774&r=9256&.png

http://stockcharts.c...164&r=8027&.png

http://stockcharts.c...774&r=9256&.png

[ogm]

That is one year's dividend on this value trap, right? Waiting for 50% gain however.


Also, please tell me from this chart, which one would have been a better short over last week?

http://stockcharts.c...774&r=9256&.png

http://stockcharts.c...164&r=8027&.png

http://stockcharts.c...774&r=9256&.png

I don't know what you're trying to prove to whom, talk to me in a year.

As I said, we're dealing with the same situation we had in utilities in 2002. Yes, Enron collapsed. But you woul've been in a mental institution if you were short TXU.

Same deal. No one knows how low the panic and momentum will take it... but get back to me in a year on that one.

And I repeat my recommendation for professional medical help.. you need one. I think I might find you a good doctor, if you want

Thanks for that last dividend, btw.

[greenie]

Do you have a stop? I remember you went long at higher prices from initiation of my shorts. You must be down >15% at today's lows, and that too in just one week. I do not know about you, but my IRAs are not supposed to be that volatile

I don't know what you're trying to prove to whom, talk to me in a year.

I am trying to show two things in real time: (i) a successful trade+value investment, (ii) NRO is a value trap and its chart has been saying all along that it is a good short.


This post and your sarcastic comments should be reference:

http://www.traders-t...?...c=74162&hl=

Incidentally, RAS has not been doing any better.

[OEXCHAOS]

Looks like we got us a "Bear Market Genius". I'm still off less than 10% net. In a stock that's worth more than I paid for it, and that holds nothing but liquid securities which in point of fact are worth more than they are trading for. I can be wrong, but the odds favor my making money over time in this one. We'll see. I have no stop, as I'm not done accumulating. As soon as I see a reason to not own this one, maybe I'll dump it. Or maybe I'll double up, or triple up. Right now, it's not worth consideration. I still think that you'd have done better shorting CAKE than NRO at the same point in time, if I'm reading my chart right and remembering when you shorted. NET of the dividend for which you're liable. They'll be pulling it out of your account shortly. Don't forget it while your calculating your gains. And, btw, I've got no problem anyone trading against me, but this one is stupid. You're getting lucky and acting like a gambler rather than an investor. The only reason I keep allowing your posts and responding to them is that I want folks to know that. It doesn't matter if the stock DOES drop 50%, it's STILL a stupid trade. There are so many better ones that present less risk and less guaranteed problems (Like a fat dividend and having to worry about waking up to a take-over bid). You've basically taken a good entry on a short and turned it into a low-odds gamble. Mark

[pdx5]

This thread is getting some tempers flaring. And therefore it has piqued my interest. So please....what is NRO? Sounds like a real-estate mutual fund? TIA!