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Quon
 

Registered: Jul 2011
Posts: 616

 

05-10-12 06:12 PM


Quote from Maverick74:

Bond auction...



Yeah right, tough one there... Kinda expect we head back to that monthly level one last time though.

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kinggyppo
 

Registered: May 2006
Posts: 5836

 

05-10-12 06:22 PM


Quote from Maverick74:

What do you expect management to say? LOL. People have talked about buying out RIMM for awhile. They think their stock is worth a lot more then the current price too. If CEO's could drive their stock higher simply by broadcasting to the whole world that they are worth more, then everyone would do that right?



I suppose it all depends. Jerry Yang is a good example, he is self interested meaning he owned alot of Yahoo stock. I get that that a ceo doesn't want to be out of a job. I feel like if I was the head of Avon I would have to take the deal in the interest of shareholders but what do I know?

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Maverick74
 

Registered: Mar 2002
Posts: 17325

 

05-10-12 07:42 PM


Quote from Quon:

Yeah right, tough one there... Kinda expect we head back to that monthly level one last time though.



I added to my position on that spike.

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Maverick74
 

Registered: Mar 2002
Posts: 17325

 

05-10-12 08:44 PM

Short interest now at 2012 highs.

http://www.zerohedge.com/news/nyse-...ises-2012-highs

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Maverick74
 

Registered: Mar 2002
Posts: 17325

 

05-10-12 09:31 PM

Market continues to act like shit yet the number lines remain choppy. The 30 days are actually starting to strengthen a little in the indices.

SPY +5

DIA +9

IWM +11

QQQ -10

How is that for dislocation?

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Maverick74
 

Registered: Mar 2002
Posts: 17325

 

05-10-12 10:10 PM

JPM is going give us some interesting price action tomorrow. It's going to take us back bellow the QTR levels. If we don't pop back up above them by the close, we might flirt with 1300 on the spoos.

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