How do you know that I am shorting Schwab? You must know something that I do not know.
Because....
Because of this, people who trade on the Internet have become overexcited about them and have bid their prices up even more than Schwab investors have bid up Schwab. For this reason I have been buying LEAP puts on all these overvalued companies
Duh !
I see no reason why I should change the content of what I write to bring it into line with what you think. On the whole, too, I would rather make money than lose money.
No one is asking you to think differently...
Simply that you are making the assumption you are going to scare the world, by implying that the reason why SCH is down is because "insiders" are bailing out... such are "scare tactics for morons"... go try the pennies for that.
The reason SCH is down are:
1. fears of a Fed interest rate increase.
2. fears of an unfavorable, (to the market), unemployment report.
3. fear of price war due to MER entering the discount/on line brokers.
4. profit taking .
Does that mean that SCH will "crash" ?
A = NO
Or is it at risk as comparatively speaking with companies of pure speculative character with no earning or slim prospects of same ?
A = NO.
Stocks go up and down, your suggestion of SCH at $35.00 is as valuable as the gold bugs yearning for a return to Gold at $800.00.
I do not mind that you are short, as you disclosed earlier, what I do object is your "fear mongering".
As I said.... another Stock Hen, all complete with double speak.
Have you checked your electrical supply... you know, we have:
1. Y2K coming.
2. Extended trading hours.
3. Use of the decimal system in stock pricing....
You better run for cover, as the market will crash...
Particularly due to # 3.
HO, HO, HO, HO, HO, HO, HO, HO, HO..... |
