Talking stocks, trading, and investing in general

Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.

  1. cross22

    cross22 Senior member

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    They are splitting 2 for 1 but they are issuing non-voting stocks so that the voting power stays the same way as now. In other words, the founders and large holders can profit by selling the non-voting shares and not reduce their voting powers.
     


  2. idfnl

    idfnl Senior member

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    That I get, so its a 2 for 1 split? With the shares show up in my acct as "b" shares or something else?

    And where is the benefit for us?
     


  3. CYstyle

    CYstyle Senior member

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    any guesses on wfc/jpm earnings?
     


  4. SkinnyGoomba

    SkinnyGoomba Senior member

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    None, but I'm happy with the stress test results, so regardless of earnings we're finally looking at decent dividends.

    Rds.a shocked me this morning with the oil spill which turned out to be no soo much of a big deal.
     


  5. CYstyle

    CYstyle Senior member

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    lol woulda been a good time to pick up some shares. if only my foresight was as clear as my hindsight
     


  6. SkinnyGoomba

    SkinnyGoomba Senior member

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  7. CYstyle

    CYstyle Senior member

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    heh didn't help them at all though, nice red day for friday the 13th.

    jesus people are still worked up over whether or not qe3 will happen? =_=
     


  8. Slopho

    Slopho Senior member

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    ^ I don't think its going to happen. Take the training wheels off already.
     


  9. idfnl

    idfnl Senior member

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    Does the street ever reward good earnings anymore? FFS.... GOOG, JPM, WFC beat and all are down?
     


  10. Nereis

    Nereis Senior member

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    Did you anticipate the bearishness and short the S&P500 to capture alpha?
     


  11. idfnl

    idfnl Senior member

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    I knew the sector (both tech and banking) have run and are vulnerable but what the hell? Considering how bad banking has been beaten it didnt seem they were overbought and still priced conservatively. Watch, in a week they will be up again.

    GOOG, dunno... reaction to click thru or to the new voting rights? I dont get it. Even TIBX, stong has hell earnings a few weeks ago was hit after earnings.

    This is a classic trend, but it just seems so overdone nowadays, stocks that have no business going down shouldnt be down.
     


  12. Dbear

    Dbear Senior member

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    Green yesterday, Red today.

    I feel like the trend of good earnings will continue, so decided to buy in more when the market was down plentiful midday.

    Wondering if there will be a rally in the last hour as we look forward to next week--doubtful, but we shall see.
     
    Last edited: Apr 13, 2012


  13. idfnl

    idfnl Senior member

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    I agree, but I'm concerned. I also think earnings will continue to be good so I stayed bought in. My feeling was the bull market would be back in play after earnings started and wham, we were rewarded with AA, then GOOG was good, and now JPM and WFC beat and no english. Seems like the macro trends are running the show now. I dont like what I am seeing. The market is too unpredictable. Suddenly I cant make a day trade for shit. Overnight news is starting to churn the VIX, we are seeing wilder swings like we did in Nov and Dec of last year.

    This garbage is only good for HFT bots.
     
    Last edited: Apr 13, 2012


  14. CYstyle

    CYstyle Senior member

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    But HFT bots are good, they provide liquidity to the market blah blah garbage. should be illegal already
     
    Last edited: Apr 13, 2012


  15. idfnl

    idfnl Senior member

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    Was about to reply with WTF $#%$%*&^(@#@%$^ HTF bots are stealing from us and....... but then

    Ya, those bots are a nightmare. Not only do they steal from us, they exaggerate swings in prices of stocks.
     


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