The problem is the longs are waiting for a super cheap entry point. And the way the market has been falling today's closing price of 9,447.11 doesn't look like it.
There is a complete lack of buyers. There are only sellers like mutual funds and hedge funds who have to sell due to customer...
The DOW has fallen 1403 points in only the last 5 days. Down 5 straight sessions in a row. That is a 12.9% drop!!!!
I predict things are gonna get alot worse. This is only the beginning. People are gonna see that their portfolio lost 13% in only a week and sell. Sell sell sell sell. I think...
I like this stock. My favorite ag stock used to be CF, but I see TNH is quite similar with a great dividend. 60% of their costs is natural gas, so cheaper natural gas should help them. Thoughts?
Nothing can save the market. Average people who have seen their seen their portfolios go down 25% do not respond to "eases". They will sell anyway, there is just too much fear, especially with the dow cracking 10k.
Anybody know of a stock with a P/E below 1?
Sea freight companies are super cheap take a look at NM. It has a P/E of 1.55. I think such stocks might be not such bad buys. Heres why: The downside is limited, I know of no stock that has broken a P/E of 1. They have great dividends. And they...
Sell everything. IMO nothing has bottomed yet. Some agricultural stocks are looking dirt cheap like CF but I think still have farther to fall. What exactly compelled you to buy C? Sell that garbage first.
What we've got is a situation where the market has finally reached critical mass to the downside. The DOW HAS to test the 10,000 level. I think the real sell off will come when people find out the bailout hasn't done shit to save the economy.
Not to mention all the inflation its going to...
I hate ebay. I made a thread awhile back on how ebay was a good short also. I wouldnt be surprised to see fleabay at $10 either. The company is useless, run by incompetent idiots. They are implementing fees shortly that will make sellers flee in drones, and making paypal the only way to pay...
Get something with a dividend. Dividends are really high right now if you haven't noticed. BP has a nice dividend, so does TNH. FRO has the nicest dividend of them all. BP obviously has the safest dividend, and I think its a great buy.