SPX 9.09% 1.0¢ spenda limited

It's just the beginning for Spenda!, page-1564

  1. 1,062 Posts.
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    SP went up on no news. Likely someone bought a decent size outright in anticipation of a DW announcement and that was enough to push it. Still no news, so going back where it was. I tend to think there is a good tactical trade here, notwithstanding question marks on business model (and more). That DW will likely come or they would have sacked their advisor. With nothing more than a crystal ball, I think the next 4C will be mediocre (increase in lending revenues limited and revenues from other sources would be a very good surprise). So the more we wait for that announcement the more speculative that tactical trade is turning into... I am mildly "bullish" over the short term but have strong reservations for a long term hold.
 
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