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| Massive Buyback Action; Haircut for Your 401k | |
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| Tweet Topic Started: Aug 24 2015, 05:23 PM (376 Views) | |
| corky | Aug 24 2015, 05:23 PM Post #1 |
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Start watching the buyback numbers, the rich got much richer in the first few minutes of this morning's stock market this morning. Your losses are going straight into the .01%'s pocket. Nice game if you can afford the computer power.
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| Telcoman | Aug 25 2015, 03:40 AM Post #2 |
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Administrator
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funny how that works |
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| corky | Aug 27 2015, 03:54 PM Post #3 |
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Sad how that works!!!!!
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| corky | Sep 1 2015, 08:57 AM Post #4 |
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Lots of buyback action today, money that is going straight out of the mom and pop 401k's! .01% setting up another huge move, returning industry to North America, with the customary 15% rake off the top.
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| Deleted User | Sep 1 2015, 09:33 AM Post #5 |
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Deleted User
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Why doesn't the Dow reflect the "massive buyback" by posting positive numbers? |
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| corky | Sep 1 2015, 09:57 AM Post #6 |
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Thumper, Buy backs are done on the dips and are automated and controlled to not impact the price in an upward manor.
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| Deleted User | Sep 1 2015, 10:00 AM Post #7 |
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Deleted User
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How is that? |
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| corky | Sep 1 2015, 10:04 AM Post #8 |
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Most of the buybacks are done in the "dark pools", not open to standard tracking and are setup to buy in a price band in small random sized lots.
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| Deleted User | Sep 1 2015, 10:11 AM Post #9 |
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Deleted User
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Too deep for me but thankfully my T Rowe Price fund doesn't vary much with the wild flings. |
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| corky | Sep 1 2015, 10:13 AM Post #10 |
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Thumper, Check at market close and tell me you're happy!
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| Deleted User | Sep 1 2015, 05:46 PM Post #11 |
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Deleted User
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No, why would I be happy. My losses are minimal. |
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| corky | Sep 1 2015, 08:46 PM Post #12 |
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Thumper, Nice of you to not begrudge your donation to the rich .01%! You got gamed and your 401k took a haircut.
Edited by corky, Sep 1 2015, 08:47 PM.
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| Deleted User | Sep 2 2015, 07:42 AM Post #13 |
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Deleted User
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Made good money on the stock market over the years Cork. I am not complaining. What are you in, Gold? Better idea?? |
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| corky | Sep 2 2015, 10:46 AM Post #14 |
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Properties, businesses and development of technologies.
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| Deleted User | Sep 2 2015, 04:02 PM Post #15 |
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Deleted User
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Hows about 60s/70s MOPARS? |
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12:18 AM Jul 11