Mod Here~

Just would like to give a good shout out to all you contributors to this thread. You guys keep it clean, mature and very well stated. (even if some of the suggestions might be wild guesses =).

Keep up the good discussions!


Business Mod -

this is probably still my 10th trade in my life.

i think im going to hold onto it for a week or so. i made a mistake for AAPL because i was pussy about steve jobs.

as for mature discussions... we love to find ways to make money! and i don't think anyone will disagree on this :D

what mature?

BOOBIES :D

FAZ has been treating me very well. Got in today at $60.15 and out at $66.66. Should've held long again when i jumped in 66.03 before taking a small loss at 65.00. Oh well, still a good day!

^^^

your story makes me jealous

seriously, dont touch either of them before we know more on the C/BAC nationaliztion.

Personally I dont think its gonna happen, but the shorts are riding the speculation hard

tossing in another noob question.
But what happens to the stock value of BAC if it does become nationalized? does that mean we can't buy stocks of it anymore? and if so.. waht happens to the existing owners of the stock?

I believe all the common shares would be wiped. But nationalization probably won't happen.

common AND preferred.

The only thing that is left is a cluster of fuck on the floor.

http://online.wsj.com/article/SB123515866806935383.html
Obama's admin team made a public statement an hour ago.

Is anyone here owning FAS or FAZ??
What do you think the market will do next week?

Bought FAZ at 80.95 and sold at 80.63. It blew past my stops. =( It did hit a high of 86 but I was sleeping then. :D

However, FAS gave me some lovin'. I bought at 4.70 and sold half at 5.05 and the other half at 4.89. Covered my original loss and then a nice handsome payout!

okay, so if C and BAC gets nationalized.. FAS and FAZ will still be around correct?

in what circumstance that FAS and FAZ will be off the index?
fuck this is scary shit.

If anyone can correct me if I'm wrong, I believe it is when all the banks they have vested interest in are wiped out and they didn't add any other banks to replace the lost ones.

Of course not.. people around the world will lose LOTS of money if nationalization occurs. Everyone will be taking a big hit in their RRSP/Mutual Funds investments.

Nationalization will save banks, but will kill all of us for sure. It will cause much BIGGER problems than banks going bankrupt.

Bac @ $2.5
C @ $1.5

lol a starbucks coffee cost more than both companies' share

any idea what is the market going to be like next week?
I am thinking to get some FAZ soon.

yesterday i felt that c and bac would probably go back up with the white house comment on nationalization...

but just now the government wants to hold as much as 40% stake in C...now im having doubts. Its totally going to be volatile on monday and everyday of the week.

fas and faz so dangerous yet so awarding to be on the right side of the momentum.

hmm does that mean that if I had shares in BAC they would all amount to ZERO?! .. i was planning on buying some if they dropped to like.. 2 bucks

^not complete ZERO,

probably dozens of cents. FNM was close to 3 or 4 dollars before the takeover

it dropped to 0.5 after the news

seriously this American shit is getting way too socialism for me, I am betting on Gold now

wouwou, what GOLD are you going for? :)

igt and abx

both .to

I think DOW will hit below 7000 and a quick bounce right afterward.

all the experts have being calling the bottom since this thing started back in september has been proven wrong. maybe 7000? why not 6500 or even 6000?