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.

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?

Way to go in VMI.

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.
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DISCLAIMER: This is a personal web site, reflecting the opinions of its author. It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.