If you own GS and you have seen it rally from 50 to 165 What are you thinking? Do you see any nice fat dividends coming your way? .35 cents a quarter - when they make a record 3 billion all you hear about is the massive compensation - how bout a special dividend? Your equity capital (ok and the governments) allows them to make massive bets everyday - they are damn good at it but why not reward the shareholders? Lets just go to fantasyland for a minute - what if GS was down $10 bucks a share one day but you had just received a big special dividend due to the record earnings - it would lessen the blow - but nah they are just worried about paying themselves enough so that they can drive Ferraris and live out on the Hamptons.
Anywho - AAPL is flying this morning and this rally in the market just never seems to die - big Monday mornign openinngs used to always reverse - not in this universe. The SPUZ are hitting there highs as I write this.
This morning HURN is down 70% or so due to some earnings restatements - I think the company is fundamentally sound or at least a little birdie told me it was - I bought stock at 12.5 and sold the 12 1/2 calls in Sep for 2.4 - I kinda like that trade.
JB
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