By the way..... JC Penney had it's worst day ever on the stock market. It lost 20% of it's value and did away with it's dividend.
Just goes to show you how good our advice was......
Don't buy Penney stocks
Ugly last few days on Wall Street. However, nothing has occurred that has changed my income stream from Dividends.
That's the beauty of being a Dividend Investor.
Two things that I like about Facebook:
2. The number of members would be the 3rd largest country in the world. If they find a way to monetize that it really could jump, especially if they find a way to monetize the mobile app.
I think the FB effect was underestimated by many. It was a huge offering of fresh equity into a thin market. It drained much of the demand for shares that might be out there.
It will take a few months to work that off and unfortunately, we're entering a seasonally soft period.
@oneupper, I saw the other day that Germany is selling 0 coupon bonds. Wait, what? Why would anyone want to buy that? Is it a play on currency?
Yikes..... Its been a tough month and June hasn't started out so hot.
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