It looks like AMC is trying to buy all the common stock of Carmike so yes your account would be funded at however many shares you have @ $33. On the second part, I'm just guessing that you're right about people betting on whether the deal with actually go through at $33/share
Why would anyone buy the stock for $33 plus commission fees when they know they won't make any profit? Selling for $31 is either they don't think it will go through, don't want to risk it or just would rather cash out for $31 now instead of waiting to be paid $33.
Goldman Sachs says don't buy stocks for the next 3 months This means buy stocks for the next 3 means http://www.marketwatch.com/News/Sto...E6-82D4-AD1E4F2ECD92&siteid=yhoof2&yptr=yahoo
Because the only way to make money is by speculating. There are no earnings or dividends. The only way to make money is for other people to believe it's a better investment. Gold is worth significantly less today than it was in 1980 when you factor in inflation. Eventually people will realize there is no real intrinsic value in gold. It's just paper money people think is worth something.
You're still speculating if you have earnings and dividends at your disposal. I'd almost argue there's too much information because it's treated as a commodity and a currency. Definitely an alternative investment and like any other investment if you don't have the money, stay the fuck away. I'd be seriously interested to know how many people bought gold in 1980 as a long term investment and still hold it today. Outside of coin collectors of course.
This is why it's a fools investment. "I know in the long term you're guaranteed lose money but you should still buy it now and hope you're lucky to make a short term profit. ."
I'm more of a trader than an investor so my advice on longs should be thrown in the garbage tbh... with that said I would agree that there are so many better avenues out there for longs than gold (and a lot of metals) However, as a trader look at all that juicy volatility:
Oil getting bent over, manufacturing data is terrible, GDP growth Q2 was a joke vs even the watered down projections but hey the markets are up.... weeeeeeeeee
So overbought.. interest rates need to go up so stocks can equalize. No yields anywhere so hey lets buy only stocks wooo
The US stock market is currently the most expensive in the world. The disconnect between the market prices when you look at the underlying earnings and economic data will come to a head at some point. The central banks can only artificially inflate assets for so long before investors take their ball and go home
The problem with pensions (govt and the like without 401ks) is that the days of high yields and low risk bonds is over. The have to spread out liabilty and ability to pay out to the retirees. So immediately a lot of their fund is in cash or 1% bonds or t notes. Because they are so low and most have a target of 7-8% they have to get into risky emerging markets and shit to make it up. And us the taxpayers gurantee it. Such a fucking racket. If you went to a bank and they said we gurantee you 7-8% every year forever youd be all man youre fucking going to jail. Not so with govt retirement plans Baby boomers fucking us over once again
And it looks like it's going to stay there. Glad I got out of everyone's favorite stock (ORIG) in the $2.30s
A lot of big wealth is going private because there is still money to be made in business if you don't have to have a good chunk of your business decided by broad market conditions because ETFs and other funds that trade solely on that own large chunks of shit. So many private companies will continue to make really good money even if the market takes a whack
oh word, do clarify please On another note, Freddie Mac posted record profits, they're eating Fannie Mae's lunch on multifamily originations, like 2:1.
18 months ago every decent house would have multiple offers the first couple of days it went on the market. Now a lot of those houses are chillinnoj the markets for months with price decreases. It's a good time to buy. Economy here is like 75% based on energy. So low oil = layoffs = people selling their houses
It was that high in the late 80s bust. Its about 40% now which is still very high. Your point still stands, there should be some decent deals out there. It would be a quick turnaround though. Not some long term 15% a year type of scenario. A "deal" is still going to be in comparison to peak prices, which should return to a nice level in the next 2 years.
here is why: A major US interest rate benchmark has climbed to a fresh seven-year high, before new rules for money market funds that invest in short-term bonds come into force. At issue is massive reform of money market funds due to come into effect on October 14 and which will see such funds be required to float their net asset values (NAVs), adopt liquidity fees, and install redemption gates. The measures are an attempt to prevent a repeat of part of the crisis, which saw one prominent money market fund — The Reserve Primary — "break the buck" when its NAV dropped below $1 a share. Such a thing is never supposed to happen in the world of money market funds, which were often pitched to investors as deposit-like places to safely store cash while generating returns. Prime money market funds invest in short-term floating-rate debt and commercial paper sold by companies, as well as some U.S. government securities. As of last week, when three-month dollar Libor hit a post-crisis high of 72 basis points — the October 14 deadline was precisely 90 days away — a timeframe that comes with added import in money market world. As the deadline loomed, banks were forced to sweeten their rates on offer in order to borrow. http://www.bloomberg.com/news/articles/2016-07-25/this-is-why-libor-s-moving-higher http://blogs.barrons.com/incomeinve...-rising-when-most-interest-rates-are-falling/
Jokes aside keep reading people who think oil will hit $85 before years end. Anyone have some serious Linwood specials?
Current market environment is shaping up to be a similar, less exaggerated version of 1987 (March-December 1987 specifically), when stocks and US treasuries had simultaneous corrections.
Sure that's doubling down. Not trying to be shockish just genuinely asking if anyone shares the sentiment that it's going to rise and if so is there anything you like. Was not aware of the gas thread, is it worth a read?
I see a market rally fueled by failed central bank policies and low rates, rather than core fundamentals and earnings growth. With over 10 trillion dollars of negative yielding debt out there, people have had no where else to put their money besides the stock market or US treasuries. The latter is beginning to phase out as foreign investors can't afford the carry trade (see article below) http://www.bloomberg.com/gadfly/art...as-been-able-to-stop-treasury-rally-until-now That said, markets can stay irrational longer than I can remain solvent
I agree with what you're saying except for the bolded part. Fundamentals and earnings show just what we are seeing, slow growth. But still growth. We are in an uncomfortable position and we are going to have to raise rates at some point, but as of today we aren't in a pre-recession environment in my vagina.
The earnings season has been a joke for the past few sessions as they keep watering down the expectations/estimates so that these underperforming companies can "beat their projections" (the apple earnings Q2 being a great example of this) This doesn't directly relate to your point but this is a pretty interesting article showing how they keep continually pushing the magical earnings per share "turnaround" in the S&P further and further into the future. This market is propped up on toothpicks. http://seekingalpha.com/article/3994382-s-and-p-500-eps-drops-2-past-month-index-new-high
I used to feel that gold was worthless and would never own it. My main man Warren Buffet hates gold. However, the 2008-2009 financial crisis totally changed my mind. We were on the verge on financial collapse and all of a sudden Gold made perfect sense to me. I bought a few gold bars and keep them in a safe for a rainy day. I see a place for gold in a portfolio, maybe 5%. I can also understand arguments against it. But its one of those things if you wait until you need it, it is too late.
Metals are great to trade, along with other commodities, becaues there is true demand. Farmers want to hedge their crops, metal producers want to hedge their prices etc. I agree they are not great investments but I love trading them.
It might rise, but it ain't getting to $85 by the end of the year without a major terrorist attack on oil infrastructure. Ive always thought oil would settle in the $60 range as thats approximately what it costs to produce a barrel from shale oil.(atleast a couple years ago when the slide in oil prices started.)
Agreed. Gold's neutral and often negative correlation to US stocks outweigh its historically low Sharpe ratio. Same can be said for TIPS.
Somebody explain to me why anyone would be long on Tesla? I know Musk is a genius or whatever, but good god that stock is so overpriced Q2 earnings were just an abomination (almost $300 million loss)
Tesla has been overvalued for a long time; a simple intrinsic value calculation will show that. Of course, even if you dont believe in efficient markets, it doesnt mean it is going to come down. I obviously dont touch things like Tesla while building a long term portfolio, but I'd advise the person just messing around to probably avoid it as well. Love the car and Elon Musk though.
https://blogs.cfainstitute.org/inve...grant-negative-interest-rates-will-end-badly/ Interesting Blog on negative interest rates. Anyone want to tell me why you would buy a bond that has a negative interest rate?
Anyone with a brain would not at this point. I think the prevailing sentiment here is your grandpa could stick his money there and get more than the guy who kept it under his bed.
Also, what happens when investors stop buying government debt? or better yet try to sell their holdings.