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There is a rule against shorting stocks less than $5. It has to do with margin rules which, I think, say you cannot buy a stock for less than $5 on margin. And, you have to have a margin account to short stocks. BIDU was shortable from day one. You just had to find a owner of the shares...

Keep in mind that Goldman always said it was worth only $27. That is what the IPO was priced at. After the opening the "market" takes over and it trades as it trades. Should be quite difficult for anyone to sue Goldman, LOL Their defense: told you so, told you so SteveD

These are the primary reasons, IMHO: Not enough capital No business plan No business experience Live outside US Look at a Franchise Magazine and see the large amount of capital that is REQUIRED to buy a franchise. Most well over $50,000. They then provide a "seasoned"...

Just daytrade GOOG only. SteveD

Keep in mind that REIT's and public homebuilders have very little if anything to do with each other. The homebuilders will keep trucking along just fine. May not have the quarterly increases but they will still make a lot of money. Home prices may slow their increase also, and even drop a...

The point I was trying to make was in response to the opinion that New Orleans should be built back as a "energy Silicon Valley". What you say of reserves is true. However, the knowledge, expertise, experience and the professionals that bring those reserves out of the ground, deliver to the...

LOL, just what are these "far more important energy centers" in the world. SteveD

Most of you clowns are simply delusional. What would you rebuild in New Orleans? The slums? The projects? The "shotgun" houses of the 20's? That would be a colossal waste of money. The people can't afford it. New Orleans is a dying city. It is very old, very poor and almost...

New Orleans is a basically very poor city. Outside of the Quarter and some oil related business there has been no new companies coming in for decades. 67% of city is black, of which a third is in poverty. Very high murder rate, poor city services and no growth prospects. The valuable...

You buy them and when they go up you sell them for a profit. If they are not going to go up, do not buy them. seriously, I have done so in the past. Have not seen that much follow through on most IPO's this year. Exactly what do you mean by "flipping" as all of the stock market is a...

Exactly how did you arrive at the number of 250,000 homes? At 3 people to house that is 750,000 people!!! What is population of all of NO? I would also guess that, from what I have seen on TV, most of those homes do not have mortgages. Most barely have a certificate of occupancy. Also...

A significant loss of jobs in an area is really the only event that will cause housing to decrease in value, assuming no outlandish overbuilding has occurred. Take a look at the Silicon Valley area after the tech "bubble" burst. Thousands of jobs and entire companies just simply vanished and...

Their stock is restricted as to when they can sell. If it is a "dog" stock could be at $10/when lockup period expires. Don't understand what you mean by "dumped". There are no extra shares just laying around, LOL. All shares are very definitely accounted and sold to someone at the offering...

You do understand how an IPO is priced and then is opened for trading in the secondary market? Once it begins trading the officers have no involvement or reap no benefit as they have already sold their shares at the IPO price of $27/share. Same with the BD except for those that chose to...

Interesting thoughts. I believe a "wash sale" is like this: You own a stock at a cost of $30/share. It is now trading at $20/share. But it is a good long term hold. You sell the stock on Dec. 28 and take the loss for the year. If you then buy it back after the first of the next year to...

Exactly what is a "wash sale"? SteveD

The home builders are producing 2 million units a year and cannot keep up with demand. This will go on into the foreseeable future. The US had very little immigration 40 years ago (1965). Now look at it. Here, (Houston) we have street signs in other languages. We have a huge population of...

Those people will move to where they can afford to buy a house. Simple as that. This migration has been going on in this country for over 200 years. It will most assuredly continue. Retirees moving out of high priced NY to Florida years ago. Great weather and cheaper cost of living...

There is an infinite demand for basic housing. This demand replenishes itself every year. Every year there is a certain number of people who reached an age where they want to own their own home. This demand is always growing. There is a basic finite supply of housing. This supply...

Anybody here know what Milken was actually convicted of? SteveD