yes, there has been news but i didn't bother reading it :mj07:
i figure when it's good the price will jump :SIB
Stock Market Thread - ALL COMBINED
- Thread starter vinnie
- Start date
yes, there has been news but i didn't bother reading it :mj07:
i figure when it's good the price will jump :SIB
- Feb 12, 2000
- 10,652
- 39
- 48
- 50
I will take full blame if my stance led any of you from buying this one. I've said it and been wrong before, but I think this thing is way over-valued.
Unemployed people can only buy so many computers that are 3 times higher than their competitor. This valuation is based on the masses adopting Macs. iPhones can't support this price alone, in my opinion.
Raj Rajaratnam, the authorities say, masterminded one of the biggest insider-trading schemes in a generation. :look:
But if Mr. Rajaratnam was trading on insider information, apparently he was not very good at it.:mj07:
A close examination of the trades that led to his arrest last week reveals a startling fact: In all, Mr. Rajaratnam lost millions from what prosecutors characterize as illegal trading.
One bad trade, in the shares of the chip maker Advanced Micro Devices, cost his hedge fund, the Galleon Group, $30 million. That loss more than wiped out the profits that prosecutors claim Mr. Rajaratnam and his accomplices reaped with their scheme. :sadwave:
But if Mr. Rajaratnam was trading on insider information, apparently he was not very good at it.:mj07:
A close examination of the trades that led to his arrest last week reveals a startling fact: In all, Mr. Rajaratnam lost millions from what prosecutors characterize as illegal trading.
One bad trade, in the shares of the chip maker Advanced Micro Devices, cost his hedge fund, the Galleon Group, $30 million. That loss more than wiped out the profits that prosecutors claim Mr. Rajaratnam and his accomplices reaped with their scheme. :sadwave:
put a stop loss on it just above where i bought it 38.15. just bought it for a hedge in case....just in case. i wasn't liking how the market took a shit the last 30 minutes. WTF happened? cost me about 8K 
