Is JOE worth buying ???

[simmy587]

I don't know but I usually just buy and hold !! but can't believe because all are telling CROX is better than JOE ?????

 

[AAbsolute]

Both CROX and JOE are dogs and fodder for the shorts (although the Short Interest Ratio of JOE is almost twice that of CROX)...but like I said in February (having taken my profits off the table months pervious), "I've moved on"

Would you explain the process of shorting a stock to me one more time?

 

[simmy587]

Joe `s words "With a finance background in investment banking and real estate, my focus is to bring sensibility to today's complexities in both fields. I maintain both series 7 & 66 investment licenses and a real estate brokerage license in the state of North Carolina".

 

[AAbsolute]

Joe `s words "With a finance background in investment banking and real estate, my focus is to bring sensibility to today's complexities in both fields. I maintain both series 7 & 66 investment licenses and a real estate brokerage license in the state of North Carolina".

Could you explain that one to me a little more? Give me the dumbed down version please.

 

[ClintClint]

Joe `s words "With a finance background in investment banking and real estate, my focus is to bring sensibility to today's complexities in both fields. I maintain both series 7 & 66 investment licenses and a real estate brokerage license in the state of North Carolina".

Ah, fresh meat for the piranhas waving their Glamour Shots.

 

[AAbsolute]

Ah, fresh meat for the piranhas waving their Glamour Shots.

Could you explain that one to me? Give me the really dumbed down version, please.

 

[30ashopper]

Would you explain the process of shorting a stock to me one more time?

You can do it through your investment account. The downside to shorting is that theoretically you can loose an infinite amount of money, compared to going long where all you risk is your capital investment. When you short a stock you borrow shares, sell them, and sign a contract promising to return those shares at a later date, which you buy on the open market. You're betting the share price drops, because if you borrow shares, sell them at say 1.00 per, then buy shares at 0.50 and return them, you've made 50%.