my NRO investments were up 13% this morning....
#1
Posted 15 August 2007 - 11:35 AM
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
It's the illiquidity, stupid !
#2
Posted 15 August 2007 - 01:30 PM
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.
#3
Posted 15 August 2007 - 01:53 PM
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.
It's the illiquidity, stupid !
#4
Posted 15 August 2007 - 03:16 PM
Mark S Young
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#5
Posted 15 August 2007 - 03:25 PM