Author Topic: Stocks  (Read 1233269 times)

Offline ElectricCPR

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Re: Stocks
« Reply #2560 on: September 17, 2017, 10:08:12 AM »
Equifax Sacks 2 Executives, Gets Devious to Stop You from Getting a Credit Freeze.They’re terrified a mass credit freeze will crush revenues.Shares of Equifax dropped another 4% today, including after-hours, to $92.70. They’re now down 35%, or $50, from the happier era that ended at 5pm EST on September 7, with the confession that it had found out six weeks earlier that the most crucial personal data – “primarily names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers”
 So far, at 120.4 million shares outstanding as of June 30, the six trading days have cost investors $6 billion. No one cares about consumers. They’re just the product. But $6 billion matter.
Now heads are rolling. Oh no, not CEO Richard Smith. He is not leaving the company to spend more time with his family. Instead, Equifax announced Friday evening that it sacked two lower level executives. I mean, not sacked. Chief information officer, David Webb, and chief security officer, Susan Mauldin, “are retiring,” it said, “effective immediately.”
Is there any hope of the stock rebounding?  Would it be a good idea to buy Equifax?

Offline Boruch999

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Re: Stocks
« Reply #2561 on: September 17, 2017, 10:43:08 AM »
Is there any hope of the stock rebounding?  Would it be a good idea to buy Equifax?

Your fortune is looking bright today.  Go with your lark!

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Online Moshe123

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Re: Stocks
« Reply #2562 on: September 17, 2017, 11:01:23 AM »
Is there any hope of the stock rebounding?  Would it be a good idea to buy Equifax?

Short the hell out of them. No brainer.

Offline ElectricCPR

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Re: Stocks
« Reply #2563 on: September 17, 2017, 11:24:43 AM »
Short the hell out of them. No brainer.
I'm sorry, I don't understand the first sentence.

Offline David Smith

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Re: Stocks
« Reply #2564 on: September 17, 2017, 11:26:37 AM »
Short the hell out of them. No brainer.
Possibly a bit late to jump on that bandwagon.
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
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Offline Boruch999

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Re: Stocks
« Reply #2565 on: September 17, 2017, 11:27:39 AM »
I'm sorry, I don't understand the first sentence.

IMHO stay away from picking stocks until you have a bit of a better understanding of the stock market.

To short a stock means to borrow shares to sell in anticipation of them going down in price.  Then the short seller can buy shares at the lower price to repay the shares he borrowed.

Offline David Smith

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Re: Stocks
« Reply #2566 on: September 17, 2017, 11:33:48 AM »
IMHO stay away from picking stocks until you have a bit of a better understanding of the stock market.

To short a stock means to borrow shares to sell in anticipation of them going down in price.  Then the short seller can buy shares at the lower price to repay the shares he borrowed.
Not understanding a technical terminology in stock trading doesn't necessarily equate with not understanding the fundamentals of analyzing whether a company is currently underpriced considering its growth potential and value.
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Online aygart

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Re: Stocks
« Reply #2567 on: September 17, 2017, 12:06:02 PM »
Not understanding a technical terminology in stock trading doesn't necessarily equate with not understanding the fundamentals of analyzing whether a company is currently underpriced considering its growth potential and value.
Except that short positions are a factor as well as other factors which someone who does not understand what shorting is likely won't know. Understanding the fundamentals is for long term investaments not short term trades which can remain wrongly valued for extended periods before they reach their true value.
Feelings don't care about your facts

Offline ludmila

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Re: Stocks
« Reply #2568 on: September 17, 2017, 12:07:45 PM »
Possibly a bit late to jump on that bandwagon.
I think so too, it can bounce up from here ,already down close to 56 points in less than 2 weeks, but if it closes below 90 we can see an acceleration in the down trend .
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Offline ludmila

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Re: Stocks
« Reply #2569 on: September 17, 2017, 12:08:16 PM »
Except that short positions are a factor as well as other factors which someone who does not understand what shorting is likely won't know. Understanding the fundamentals is for long term investaments not short term trades which can remain wrongly valued for extended periods before they reach their true value.
+1
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Offline 12HRS

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Re: Stocks
« Reply #2570 on: September 17, 2017, 11:54:11 PM »
Wonder whats more valuable to the hackers, the SS information or the insider knowledge that the stock will crash.

Offline sky121

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Re: Stocks
« Reply #2571 on: September 18, 2017, 02:20:23 PM »
Anyone know the most simple way to invest a few hundred dollars for a minors account?
"Not all who wander are lost"

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Re: Stocks
« Reply #2572 on: September 18, 2017, 02:41:05 PM »
Wonder whats more valuable to the hackers, the SS information or the insider knowledge that the stock will crash.
They don't know when
Feelings don't care about your facts

Offline Tuna Baygel

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Re: Stocks
« Reply #2573 on: September 18, 2017, 02:47:25 PM »
Anyone know the most simple way to invest a few hundred dollars for a minors account?
CD

Rates are great these days

Offline Willie

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Re: Stocks
« Reply #2574 on: September 18, 2017, 02:54:54 PM »
CD

Rates are great these days

Anything over 3 percent??

Offline Tuna Baygel

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Re: Stocks
« Reply #2575 on: September 18, 2017, 03:38:30 PM »
Anything over 3 percent??
No

You want simple it's the best your gonna get

Offline sky121

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Re: Stocks
« Reply #2576 on: September 18, 2017, 04:47:06 PM »
No

You want simple it's the best your gonna get

Even an adult can use a robo advisor like acorn, betterment etc and those are fairly simple.
Nothing like that for a minors account?
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Offline hachover

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Re: Stocks
« Reply #2577 on: September 18, 2017, 04:59:59 PM »
Even an adult can use a robo advisor like acorn, betterment etc and those are fairly simple.
Nothing like that for a minors account?

A robo adviser does not guarantee performance. It simply helps you to allocate money to various passively managed funds. The comparison to CDs is unwarranted. Need to be careful when dishing out financial advice.
I'm an optimist; but only because life isn't going to give me any other good choices.

Offline Sport

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Re: Stocks
« Reply #2578 on: September 18, 2017, 05:41:05 PM »
A robo adviser does not guarantee performance. It simply helps you to allocate money to various passively managed funds. The comparison to CDs is unwarranted. Need to be careful when dishing out financial advice.
Who asked for a guarantee on performance? That's not what I understood the op to be inquiring about.

Offline sky121

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Re: Stocks
« Reply #2579 on: September 18, 2017, 05:41:12 PM »
A robo adviser does not guarantee performance. It simply helps you to allocate money to various passively managed funds. The comparison to CDs is unwarranted. Need to be careful when dishing out financial advice.
I don't know if that last part was directed at me. I am def not giving anyone advice. The only advice I ever give is are things that are without risk (CDS) or to go talk to someone who knows more than I do.

I'm just looking for an easy place to open a minors investment account.
"Not all who wander are lost"