"You Think The Market Isn’t A Casino Now?"
- ToddSullivan
- August 30th, 2009
Got this in an email from a reader this weekend, just had to share as it makes just way too much sense…..
Just look at the top 20 stocks traded on Friday.. Most are pieces of Sh…Citibank trades 1.4 billion shares!!! When I got started in the business in the early 80’s everyone was worried what would happen when the WHOLE MARKET TRADED 100 MILLION!!
This volume is distorting the fact that most investors are doing nothing. This is not healthy volume in terms of sponsorship.. John Hussman of Hussman funds is probably right about this..
Disclosure (“none” means no position):
blog comments powered by Disqus
-
Todd's investing strategy is essentially long with the rare short. He seeks to buy undervalued issues with an upcoming catalyst that will help them realized.... More »
Follow me on: Twitter and StockTwits
-
-
-
Archives
-
Tag Cloud
acas ackman AMTD AN BAM bbep BBI ben graham bgp BPO Bruce Berkowitz buffett CC CODi CRE davidson dow einhorn ETFC fairx free post ggo ggp government IGOI jmba margin of safety mcd miscellaneous MO nwsa oesx pershing pld PM purchases rhie sbux seth klarman SHLD sks spg theory TV VIC
WP Cumulus Flash tag cloud by Roy Tanck and Luke Morton requires Flash Player 9 or better.
Recent Comments
- Tweets that mention $$ General Growth Taps Brookfield Exec… Value Plays -- Topsy.com on $$ General Growth Taps Brookfield Exec…
- Monday links: better burgers Abnormal Returns on $$ Why Do Investors Buy Cheerios “Two For One” But Not Stocks???
- Tweets that mention $$ Why Do Investors Buy Cheerios “Two For One” But Not Stocks??? Value Plays -- Topsy.com on $$ Why Do Investors Buy Cheerios “Two For One” But Not Stocks???
- World Wide News Flash on $$ Why Do Investors Buy Cheerios “Two For One” But Not Stocks???
- Top clicks this week on Abnormal Returns Abnormal Returns on $$ Davidson Takes on Hussman