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Strategies & Market Trends : Turnarund Investing

NOVS 0.0666

-16.0%

Aug 1 5:00 PM EST

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To: batman10023 who wrote (1259)	5/16/2012 3:02:15 PM
From: KirbyJF1	Read Replies (1) of 1876

Battie SAYS:::the 11% divy yield is what the longs were talking about in 2h11 as well. problem was they cut it 75%. the best shorts are high dividend plays. dumb retail always falls for it. (((I'm falling all over the place today for dividends))) Well Battie some of the supposed SMART $$$$$ was talking about NovaSTAR Pfd C stock. I remember when I was loading the truck up with Pfd stock at $1.25 you indicated you would only buy NovaSTAR Pfd at 75 Cents. You know how that worked out as I recieved 16 shares of common for each share of the Pfd which is now selling for .68 cents a share. Battie I hate to tell you this, but to be sucessfull in Turn Around Investing, You have to BUY when everyone is selling. Have been picking up stock all over the spectrum today. I love it when the Shorts Swarm as its going to make a lot of $$$$$$$$$$$ for me. Did you see how well NovaSTAR is doing- No one is selling & with the FANTASTIC GROWTH in StreetLinks & the healing financial statement. Kirby

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