heruamon on 09 December 2008
NJ5 said:
Actually their stock went up after these news. I wouldn't touch their stock with a 10-foot pole, I think we've only seen the tip of the iceberg.
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It's all about making a quick buck! I use to gamble on day trading in several stocks years ago, when the market was much much safe for this type of stuff...if there is ever such a time. Companies msot times experience a slight bump, when job cuts are announced, as personnel cost for usually a major cost driver. Day trading is FAR more dangerous than casino gambling, imho...and I've got a $25k bill to prove it...lol.
"...You can't kill ideas with a sword, and you can't sink belief structures with a broadside. You defeat them by making them change..."
- From By Schism Rent Asunder
