SW.....you said
<<I thought we'd see a nice gain today. This would otherwise be hilarious--this is my worst day of red perhaps ever, but certainly since Sept. 98.>>
I agree with you on thinking today would be a winner. The downgrade after good news smells. This same crap happened before. And it happened more than once. If we had the time, we could go back and see when it happened and who issued the downgrades. It's like something or someone takes an action to counter the good news.
As far as the worst day since whenever ? I didn't get the sick feeling in the stomach we have had off and on it seems forever. The percentage drop was way less than percentage drops we experienced before. However, because of the much higher stock price, it was a big dollar drop.
You did say buy the rumor ,sell the news. You are dead right with WCII. It happens always. I don't remember, after all this time, one time that the stock jumped up after good formal announcements. There is a game being played.
L said to put it away and forget it. Well, I don't think any of us has done that. Well, any of us who post anyway.
Todays illogical action STINKS !!! But, we are not at 20 again either. We do have the option to sell and get rid of the aggravation. We won't. Period. The moon is out there somewhere. Have we entered the area where greed has entered the risk-reward formula ? Well, after thinking about it, and denying it, the answer is .............yes !! :-)
ac |
