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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: shades who wrote (65693)	6/29/2005 10:36:46 PM
From: Moominoid	Read Replies (1) \| Respond to of 74559

So you think stuff in Walmart is bad value? The low price (on some of the stuff) is actually good value. I like it for anything in a box with a brand name. Buy Kelloggs cornflakes, shampoo, stuff like that for less than the supermarket. Cheap electrical goods, like irons, hardware stuff. Yeah I know the mindset you are thinking about. There are rich people too who buy cheap junk because the price is low and they grew up poor. And then there are people who chase brand names when it really isn't worth it. Well another of the mysteries is why you can't short or margin a stock under $5 (with many brokers in the US). And stocks under $1 get delisted from NASDAQ. So companies try any tricks to stay in the optimal range. In Aus an options contract is for 1000 shares usually and stock prices tend to be lower. But now I see there are also 500 share contracts for higher priced shares. News Corporation is considered a high priced share there (1 Aussie share = 1 US share). I was on the Yahoo GOOG board this morning. Whenever I go there it makes this place look extremely cerebral :) Except maybe the clown free thread.