there is an ogoing interesting bit of "reasearch" being done by the justice department on insider trading and other wall street activities and guess whose name keeps on popping up?
Dow Jones is up 5.5% year-to-date while Joe is down 39.6% year to date.
Welcome back to the playground.
Just for the fun, on the day I proposed the JOE/INTC throwdown, I made a Fantasy Portfolio (FP) of the two stocks.
I put $2K in each stock at the closing price on Nov 4th (the day you named as the start date matching JOE against a list of nose-bleeding high-flyers).
You turned down my proposal to pit INTC against JOE, instead wanting to offer JOE against SPY, (which I declined--because apparently in some parallel universe--I upgraded JOE to a buy :roll I added $2K of SPY to the FP (also using the Nov 4 closing price).
The FP results as of closing today:
STOCK/VALUE/GAIN-LOSS
INTC/$2015.73/+0.79%
SPY/$1,967.78/-1.61%
JOE/1,776.89/-11.16%
One individual stock can outperform an index like the S&P 500 because owning an individual stock has more risk than owning a basket of 500 stocks.
Will an investor be rewarded for taking that additional risk?
Most of the time-no.
It's your money if you like giving it away be my guest.
no Lynnie but the hedge funds that are shorting Joe heavily are.
Welcome back to the playground.
Just for the fun, on the day I proposed the JOE/INTC throwdown, I made a Fantasy Portfolio (FP) of the two stocks.
I put $2K in each stock at the closing price on Nov 4th (the day you named as the start date matching JOE against a list of nose-bleeding high-flyers).
You turned down my proposal to pit INTC against JOE, instead wanting to offer JOE against SPY, (which I declined--because apparently in some parallel universe--I upgraded JOE to a buy :roll I added $2K of SPY to the FP (also using the Nov 4 closing price).
The FP results as of closing today:
STOCK/VALUE/GAIN-LOSS
INTC/$2015.73/+0.79%
SPY/$1,967.78/-1.61%
JOE/1,776.89/-11.16%