bdimag Posted September 23, 2008 Report Share Posted September 23, 2008 Both. And just picked up another 2k shares.feelin pretty good now i bet... Link to comment Share on other sites More sharing options...
J0E Posted September 23, 2008 Report Share Posted September 23, 2008 Watch for the pop in financials tomorrow. Buffet sneezed and spew $5B onto Goldman about an hour ago. Loaded up on GS ($126.50), MS ($29), and WB ($15.12) after-hours, stopping out at $115, $27, and $14.75 respectively. Looking for another 20% collectively again before the close. Link to comment Share on other sites More sharing options...
matt b Posted September 24, 2008 Report Share Posted September 24, 2008 Buy foreign utilities! Just 5 years ago, EDF couldn't run itself. Now it's buying other utility companies. Link to comment Share on other sites More sharing options...
bdimag Posted September 24, 2008 Report Share Posted September 24, 2008 with all these profits i think i'm gonna fix up the c70 and sell it....i wish i hadn't been such a pussy on thursday though lolalso i hear gold/silver might be a good investment... they are dropping but should go back to normal pretty soon... hell i saw a silver mining company go up 87% from like 1.7 to $3.3 just yesterday Link to comment Share on other sites More sharing options...
Leo850T5 Posted September 24, 2008 Report Share Posted September 24, 2008 lesons in investments by Joe/takes notes Link to comment Share on other sites More sharing options...
J0E Posted September 25, 2008 Report Share Posted September 25, 2008 lesons in investments by Joe/takes notesHey, now...I never claimed to be a preffesional. I just properly place my bets. Case and point: today. I thought we were bound to see a solid rally. Didn't happen. You can't be on the right side of the trade every time. Link to comment Share on other sites More sharing options...
bdimag Posted September 26, 2008 Report Share Posted September 26, 2008 so whats up with wachovia j0e? how do they fit into this whole bailout thing? Link to comment Share on other sites More sharing options...
Pops Racer Posted September 26, 2008 Report Share Posted September 26, 2008 Nice rally today. No deal reached by polls on bailout tonight. Could be a dive in market tomorrow due to jitters. Link to comment Share on other sites More sharing options...
J0E Posted September 26, 2008 Report Share Posted September 26, 2008 so whats up with wachovia j0e? how do they fit into this whole bailout thing?I can say with confidence that WB will have a solid run up once this bill passes (and it will). Their mortgage-exposure is quite a bit higher than most other names in the sector and they have been beat down hard since I sold it at $24 last week, so I expect it to be one of the first names off to the races. We can easily see $20 by next Friday, and that's being conservative. Tomorrow, however, will be a rough day for financials, so I'll be looking at entry-points for FRE, WB, BAC, and even WM as purely a speculative play. We could see a 50-60% pop in WM intra-day with a massive short-covering.As of this second, I'm sitting on 100% cash as I would recommend anyone to do before the market's closed if you enjoy sleep. :) Link to comment Share on other sites More sharing options...
Pops Racer Posted September 26, 2008 Report Share Posted September 26, 2008 Another one bites the dust!!! Just say no to WaMu!! Link to comment Share on other sites More sharing options...
JHEIII874T5M Posted September 26, 2008 Report Share Posted September 26, 2008 (edited) Another one bites the dust!!! Just say no to WaMu!!Just say yes... i've pretty much refi'd a bunch of Wells Fargo, WaMu, and Countrywide people in the last few days... keep 'em coming :lol: Edited September 26, 2008 by JHEIII874T5M Link to comment Share on other sites More sharing options...
Mossback Posted September 26, 2008 Report Share Posted September 26, 2008 This is a pretty funny explanation of the subprime fiasco. You can probably send this off to the uneducated and they will finally understand. http://docs.google.com/TeamPresent?docid=d...=true&pli=1 Link to comment Share on other sites More sharing options...
flyfishing3 Posted September 26, 2008 Author Report Share Posted September 26, 2008 Another one bites the dust!!! Just say no to WaMu!!good redince. no more bail outs. ( unless it my company haha) Link to comment Share on other sites More sharing options...
ErikS Posted September 26, 2008 Report Share Posted September 26, 2008 I just properly place my bets. This isn't a personal attack, but isn't this the reason that all this happened in the first place?Massive speculation, day trading, short selling, mortgage securities ... this is all gambling ... not investing.I don't know if it was this thread or another, but Pras blamed Bush and everyone scoffed. Hasn't his administation been responsible for the largest deregulation of the financial sector in a long, long time? Link to comment Share on other sites More sharing options...
7 VII 7 Posted September 26, 2008 Report Share Posted September 26, 2008 This isn't a personal attack, but isn't this the reason that all this happened in the first place?Massive speculation, day trading, short selling, mortgage securities ... this is all gambling ... not investing.I don't know if it was this thread or another, but Pras blamed Bush and everyone scoffed. Hasn't his administation been responsible for the largest deregulation of the financial sector in a long, long time?no Clintonhis actions and policies if anything hurt us the most now... 8 to 10 years down the road. Link to comment Share on other sites More sharing options...
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