Same comment as for auto sales: when you 'buy' your way to increased sales, it ain't increased sales. It is your own money slapping you back in the butt.
the ADP guy on CNBS was conflicted, his notes showed 437K v 473k, some discussion ensued about this and he said that he needed to review and 'get back' with the cheerleaders
anyone knows what happens if somebody's short a stock, and it does a 1:20 stock split?
Sure. You would end up short 5 shares of stock for every 100 you were originally short at a price 20x higher. So if the stock were trading at $10 after the reverse split it should trade around $200.
Party's over
nemo ?
edit : No !
Less lending is good.
TAKE THE MARKET ON THAT!!!!!!
I'm just glad my buyers got theirs.
Substance.
You have to have a qualified applicant for a refi....to few, and far to many.
Fake realtor data inflated sales figures (spray-painting green on the brown shoots):
Glitch Inflated Home-Sales Data - WSJ.com
"Stay away from the San Diego data!"--Say it like the Woodstock warning about the brown acid.
apologize in advance if this is redundant in any way:
Mortgage Rates Loan Compare Interest Rate Refinance Loans | Adjustable Rate Mortgage | Mortage
over five percent is a tipping point? so some say...
anyone knows what happens if somebody's short a stock, and it does a 1:20 stock split?
Same comment as for auto sales: when you 'buy' your way to increased sales, it ain't increased sales. It is your own money slapping you back in the butt.
This is what credibility suicide looks like.
Zero Hedge: Dennis Lets Zero Hedge Have It
It's like watching someone who just took 15 shots of 151 and then decide to self-circumsise.
ADP numbers worse than expected for June, for what its worth.
ADP Estimates U.S. Companies Cut Payrolls by 473,000 (Update2) - Bloomberg.com
"anyone knows what happens if somebody's short a stock, and it does a 1:20 stock split?"
bagholder?
the ADP guy on CNBS was conflicted, his notes showed 437K v 473k, some discussion ensued about this and he said that he needed to review and 'get back' with the cheerleaders
AIG had a premarket low of $12. Now it's back to $19, but should be at $23.20 based on yesterday's close. A lot of people going to be squeezed out.
Here's an interactive chart of the refi index.
Bloomberg.com:
Personal Finance
Looks like the refi boom is on the ropes.
2500 more jobs to trim at Dow Chemical
unless they loosen the ropes, ala Angelo Dundee did pre fight in Kinshasa RE: Rumble in the Jungle
It's like watching someone who just took 15 shots of 151 and then decide to self-circumsise.
No way to win against the blogosphere.
It's like when Dan Quayle wanted to take on The Simpsons. No upside. The medium fights like water.
anyone knows what happens if somebody's short a stock, and it does a 1:20 stock split?
Sure. You would end up short 5 shares of stock for every 100 you were originally short at a price 20x higher. So if the stock were trading at $10 after the reverse split it should trade around $200.
Short 100 shares at $10 = $1000 of short exposure
After the split
Short 5 shares at $200 = $1000 of short exposure
Wouldn't that be a reverse split? (20:1, not 1:20)