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Posts by melgross

I was thinking the same thing myself.
People like to talk about manipulation, but no one can ever prove it. Apple is too big for its stock to be manipulated. That's myrh. Yes, we have those who are shorts, but they often get caught with their pants down, and then they scramble to cover their positions. I've seen trades of 10 million shares that barely bumped the price.What really happens is that investment firms have a charter that require them to sell stock when a certain percentage of their investments rise...
I like Cramer, despite his clownish show, he does know what he's talking about. I agree with his position on Apple, and I do the same thing. He's said for years to buy Apple and forget it.
I don't know what account you have. But the problem with these online accounts is that you can't click a trade in the morning, and click another in the afternoon, unless you trade just a part of your equity. And you can't trade that enquiry that just traded, for several days, until it clears.so you can sell 100 shares in the morning, and use those funds to buy something in the afternoon.That's a big problem with those accounts.With my large brokered accounts, they would...
I find that between federal, state and local taxes at my bracket, that trading can be almost useless for small amounts. why bother? I'd rather hold for a year to get capital gains if I'm going to trade.I did something odd myself. I opened up a Scotttrade account when Apple was about $340. I was going to trade on that account. Apple kept going up, and so I didn't bother. Then it began to go down, and I never sell in a down market. Then it began to go up again. I never sold...
He's not saying that they will tank. And Disney was far down for several years, they come back up, and then some.But it's true that historically, companies in the DOW have seen their share prices, on average, rise more slowly than the markets on average, and their previous rise.That doesn't mean it will be true for everything, just on average.
That's an interesting statement. I've never bothered to find out if it's true.
In the '80's the laws were changed as to corporate pensions. They were changed again during the '90's, and the last bad major chNge was during the 2,000's. These changes devastated the landscape for pensions. A lot of the older pensions are defined benefit. My wife has that. She can count in a check for the rest of her life, and I get half if she goes before me. This is the best pension. As she says, thanks for unions, who fought for that. The next is defined compensation,...
That's right. Most of y stock was purchased at $16.93 mid 2004. When you take the 14:1 split since that time, and the current stock price, it's possibly one of the best investments ever made. I bought some during the recession at $80 as well.If I had any idea that this wasn't the risk I thought it might be, I would have committed much more of my portfolio to it. Sheesh! People don't always believe the worth of my investment, because it's so large these days, but I bought...
This is under the control of the GAO, which has stubbornly resisted the overture of both the right and the left over the decades. Fortunately, while we bemoan bureaucracies as being unresponsive, the area in which these are, unresponsiveness is a major virtue. They refuse to work, and release numbers that are politically biased. They are a back room organization. Both the right wingers and the left wingers hate this. They want to turn it to their own use, but have failed....
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