Thursday, July 19, 2007

 

Fly Buy: MCHX

I bought 1,000 MCHX @ $14.93.

Disclaimer: If you buy MCHX because of this post, the FBI will storm your house for music piracy. And, you may lose money.

Comments:
Whatever Bernanke is paid to listen to these idiot senators it isn't enough. A moron from New Jersey just berated him over the sub-prime silliness and then asked "just who is this economy working for?" What kind of a question is that? I wonder if they considered asking him about monetary policy?

Separately, what woke up RACK? Up 5% today. I thought that stock was dead.
 
Question why does NYX act like such a gay stock?
 
Gunkhole!

Way to go in VMI.

-DT
 
A moron from New Jersey? No way.
 
Can a stock be bought and sold in New Jersey? Or just sold?
 
In the last 3 yrs, buying GS when it dips to its 200MA (like now) has always been a winning bet, and in short order. There was once in 2005 when you had to wait 4-5 wks to go profitable. When the group sucks on news, probably good time to buy GS.
 
Oh, well they can be bought and sold, but it is a little more complicated than that from what I'm hearing Shed. A stock that is bought in New Jersey is bought from a buyer. The funny thing is, when they sell a stock, they have sold it to a seller.
 
Yeah, and when they sell a stock short, they can't just go out and borrow the shares to sell. They actually have to buy the shares (from a buyer) and then borrow the shares from their self before selling them short (to a seller).

Makes sense to me....
 
In case you missed the latest Stockmasters for July, Fly gets mentioned via MATH pick.

http://thestockmasters.com/stock_mastery_July-2007.asp
 
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