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Old 09-15-2021, 04:12 AM   #2881
lamboguy
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time to reverse?

Democratic Senator Sheldon just SOLD OUT OF 3 companies.. AT+T, ALIBABA, MCHP.

this guy is closely associated with Nancy Pelosi.. these guys have a great nack of selling their stocks before they drop. these are more than likely great shorts right now.

i am going to watch the sales of stocks by congressmen and senators to see if there is a major trend change about to happen.

people like to argue about politics on this board (purely a waste of time) i just want to know what they are buying or selling!
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Old 09-15-2021, 07:00 AM   #2882
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Democratic Senator Sheldon just SOLD OUT OF 3 companies.. AT+T, ALIBABA, MCHP.

this guy is closely associated with Nancy Pelosi.. these guys have a great nack of selling their stocks before they drop. these are more than likely great shorts right now.

i am going to watch the sales of stocks by congressmen and senators to see if there is a major trend change about to happen.

people like to argue about politics on this board (purely a waste of time) i just want to know what they are buying or selling!
Best statement ...EVER!!!!

As for T and ALLI............no issue dumping them


MCHP is one to watch as movement doesn't show much lately
Also TECH Stocks are the ones gonna get hit if correction is full blown...

Keep us informed

Mike

Last edited by geroge.burns99; 09-15-2021 at 07:02 AM.
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Old 09-15-2021, 07:27 AM   #2883
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Typical morning again...

Up a few hundred in pre markets

Big day ahead.....

15 points off 50 DAY Moving AVG where PA Mike says that its been below it only 2 times in a year...

Futures shows GREEN.....so far

later
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Old 09-15-2021, 08:07 AM   #2884
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that was Senator Sheldon Whitestone from Rhode Island.
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Old 09-15-2021, 09:40 AM   #2885
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15 points off 50 DAY Moving AVG where PA Mike says that its been below it only 2 times in a year...
Key word is CLOSED below...
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Old 09-15-2021, 03:15 PM   #2886
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Key word is CLOSED below...
It wont be today ...


All smiles .....
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Old 09-16-2021, 11:08 AM   #2887
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Complete turnaround today wipes most of yesterdays gains...

The roller coaster goes on.....


back to between 20 & 50 day moving averages....

which way would it go????

Last edited by geroge.burns99; 09-16-2021 at 11:11 AM.
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Old 09-16-2021, 12:35 PM   #2888
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Looks like we have a support level at around 4442.....

Pray it doesnt break that

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Old 09-17-2021, 11:36 AM   #2889
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Praying didn't work...well maybe...day isn't over yet
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Old 09-17-2021, 11:45 AM   #2890
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Praying didn't work...well maybe...day isn't over yet

I saw that

getting ready for a yard sale tomorrow

Told my wife to find her best dress

Last edited by geroge.burns99; 09-17-2021 at 11:47 AM.
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Old 09-17-2021, 05:01 PM   #2891
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Sebanye Stillwater is a good company that just went x dividend last week


they now pay over 12%
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Old 09-17-2021, 06:21 PM   #2892
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Sebanye Stillwater is a good company that just went x dividend last week


they now pay over 12%

Ticket Symbol ..........................SBSW

Lowdown......

Stock dropped 30% since April

This is the companies 5th dividend in 5 years

They have a lot of DEBT on their books.....if interest rates start going up
companies like this has issues.....
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Old 09-18-2021, 09:52 AM   #2893
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Ticket Symbol ..........................SBSW

Lowdown......

Stock dropped 30% since April

This is the companies 5th dividend in 5 years

They have a lot of DEBT on their books.....if interest rates start going up
companies like this has issues.....
their debt is $930 million and they have $710 million in their treasury. the company's earnings improved by 140% year to year. i really don't think their debt is any type of problem for this company, what could be a problem would be the price of Gold and Platinum. they are a very large high-cost producer. if the price of oil jumps to $100 and simultaneously the Gold ounce falls to $1500, then they are in big trouble.

but i do see where you are coming from because one would think that the company should employ some of that $710 million to buy back stock and support the share price.
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Old 09-18-2021, 10:22 AM   #2894
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their debt is $930 million and they have $710 million in their treasury. the company's earnings improved by 140% year to year. i really don't think their debt is any type of problem for this company, what could be a problem would be the price of Gold and Platinum. they are a very large high-cost producer. if the price of oil jumps to $100 and simultaneously the Gold ounce falls to $1500, then they are in big trouble.

but i do see where you are coming from because one would think that the company should employ some of that $710 million to buy back stock and support the share price.
If SBSW can form a decent base here, and start to move up, it looks interesting, especially at a 12% div! I guess 7-9% was just too stingy.
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Old 09-20-2021, 02:12 AM   #2895
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Big Shock In China Markets

US Stock futures way down as I post this...Ripple effect from the fallout in China with Evergrande.

https://www.forbes.com/sites/mikeosu...h=71335527e6ee

Evergrande Group China’s second largest property development group will likely find itself unable to make the interest payments on a series of loans to China’s banks and will technically likely default, with trading in many of its onshore bonds already suspended. A key test will come on 23 September when the company is due to pay a coupon on a USD-denominated offshore bond.
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