Investors....come in please!

[Shannow]

Happens in Oz fairly regularly these days.

Usually a company under 10c, somebody big, comes in, shakes the [censored] out of it, and leaves it 70 percent down and never going to be able to raise capital thereafter.

 

[GROUCHO MARX]

Up at open today. The difference between U.S. and socialists countries who buy their private companies?

The U.S. buys the failing businesses, the socialists nationalize the thriving businesses.

 

[Pablo]

Exactly - well a little twist. Japan USED to support companies that did well.

Also -
The U.S. buys SOME failing businesses.......

I want my ROI in a few years!!

 

[GROUCHO MARX]

P, the businesses that do really well, are taxed and litigated to the brink of extinction.

 

[Pablo]

Imagine that.

Lest I sell this morning, people think I'm all greedy, and I should feel bad about this? I'll hold.

 

[Pablo]

http://www.ibdeditorials.com/IBDArticles.aspx?id=306630058267530

 

[Drew99GT]

http://biz.yahoo.com/ap/080919/financial_meltdown.html

Ahhhhhh, John Keynes is clapping in his grave...

 

[Drew99GT]

Finally, my bank play is paying off....but for how long.

 

[VeeDubb]

Put a trailing stop loss order on your bank shares and you can sleep easy.

 

[Pablo]

Originally Posted By: Pablo
I'm a buyer of EFL here.


Code:




WESTERN ASSET EMERGING MARKE EFL 14.40 +26.3%

 

[Turk]

Good one, Pablo!

 

[Pablo]

Dude, my portfolio moved the most in one week ever. Just a warning - I did sell a LOT of stuff of Friday.

So you can call me greedy or stupid or both.

 

[Turk]

I didn't make any moves yet.


Got my 1st week's paycheck from the new job, took it all in cash. Cash is king now, the (once thought secure) money market has more than enough in it. Gotta have some "real" cash around...

 

[Pablo]

Originally Posted By: tpitcher
Cash is king now....



Dunno - gotta think this spendfest will be inflationary.

 

[GROUCHO MARX]

Hey, if the government can collect on most of these assets that they get with the liablities, Uncle Sammy might make money.

Sam made money backing Chrysler in the late 70's and made money, so it's been done.

 

[Pablo]

That's why I was against the bailouts in the first place! And why now we all can demand a ROI!!

 

[Turk]

Originally Posted By: Pablo
That's why I was against the bailouts in the first place! And why now we all can demand a ROI!!


BINGO.

 

[Pablo]

I'm looking at EZPW

 

[Pablo]

Well did any of you buy? http://finance.google.com/finance?q=EZPW+ A cup and handle?
Thank you.

What happened here? http://finance.google.com/finance?q=NASDAQ:GOOG

 

[Pablo]

Missed getting all in at the end of the day yesterday. But I bought enough to enjoy the ride!!