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#1
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Gotta Vent |
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#2
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Gotta VentI thought the market going up was a good thing. |
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#3
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Gotta VentIt is unless you're shorting stocks then it's a bad thing! Sometimes ya get caught leaning the wrong way.......... |
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#4
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Gotta VentYou can't vent here read the rules. |
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#5
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Gotta VentBuy low - sell high. |
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#6
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Gotta Vent |
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#7
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Gotta VentI feel your pain....my company stock dropped $17+ after we announced that we reached our quarterly earning. Problem is that ppl were expecting the company to exceed it..so they jumped ship....BASTARDS!! Now I have to wait till next quarter to see if the price goes back up before I can even think about excerising my options. |
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#8
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Gotta VentQuote:
What company do you work for? Wall Street is a fickle lady. I've been trading for almost 10 years now and nothing surprises me anymore! Only until people realize that stocks rise and fall only beacause of Supply and Demand, will someone be profitable in trading. Sure, in the long run a companies fundamentals and earnings will cause it to rise but for short term movement or swing/daytrading (1 day - 3 month time span) supply and demand rule. Hedge funds also are a big problem on Wall Street. 10 years ago there were less than 1000 of them now it's close to 3000. They can move a thinly traded low float stock with as little as $800,000.00 !!! You won't move an Intel or Google with that little money but a bigger fund or institutional investor could and it's a fucking shame. If a funds is short a stock that would cause the stock to tank even on good news. Sometimes they will throw more money at the stock (on the short side) and cause it to go down even on good news so they don't get burned. Happens all the time unfortunetly!!! I'll see you on Sunday........bring that slow ass bike of yours too. |
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#9
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Gotta VentQuote: I work for Akamai Technology lol nice icon I have a pick jus like that funny enough |
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#10
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Gotta VentQuote:
I just wished I bought more in 2001-2004 when it was pennies....... Dennis + Terrry ----------- = ![]() |
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#11
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Gotta VentQuote: Yeah last year was def a good year (hence why I two bikes). However it does upset me that the stock price went down because of these greedy bs speculators Anyways the way I see it is that next quarter prices should go up as long as expected earnings are hit. And I'm with ya....if I knew the company was gonna do as good as it did back when I started in '01 I would have loaded myself with those penny stocks |
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#12
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Gotta VentNo shit? My sister worked there for while until she moved to Nuevo York a coupla years back. Being it's such a small business you MUST'VE known her... ![]() |
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#13
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Gotta Ventoh yea, I remember her...she had that thing witha thing. :-) In the department I work in (Network Operation Center) and the shift I work (4pm-12am or 12am-8am) don't really socialize with many ppl unless they work with my dept |
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#14
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Gotta VentHoly shit! That was her! ![]() |
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