posted
I'm liking TTM right now. If that drops down around 8 in the next few days I might get in. I actually wouldn't mind having some it in long term. If I made any profits I'd probably leave it in that.
ODP looks somewhat promising, but usually starts to dip in October...so not sure about that one.
Posts: 55 | From: Pennsylvania | Registered: Apr 2006
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posted
You won't catch me going near anything remotely related to the financials at this point. If you can't short sell them, what's the point?
Posts: 55 | From: Pennsylvania | Registered: Apr 2006
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i betting on a down day tommorrow...housing and job reports and all ...not good
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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there pumping RIMM..im not biting..could be wrong..time will tell..SRS is my play
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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looking to jump into appl jan.calls tommorrow for under a buck..could be a winner..5 calls 500 bucks..buy an hold
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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quote:Originally posted by Morpheus: im in SRS ...100 shares 78.40
Congrats on that trade. Bid is $80.50.
Hope non of you bought WM. Bid and ask is $0.44 x $0.45.
FRE and FNM dropped too.
Hmmm....the 700B must of had an Ohh crap!! I haven't watched the news....been out riding.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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posted
"The seizure by the government means shareholders' equity in WaMu was wiped out. The deal leaves private equity investors including the firm TPG Capital, which gave WaMu a cash infusion totaling $7 billion this spring, on the sidelines empty handed."
Ouch.
Morpheus- I will have to upload some pictures of some of my other cars from the past, but my most recent was just sold last November- www.rotarykiller.com
I also built a 565rwhp Lexus SC300 Turbo, a 693rwhp Supra Turbo, and I have had 16 MR2s, one of which one the Ultimate Street Car Challenge in 2004 (V6 Swap, supercharged, with nitrous- can be seen at www.turboforum.net/Angel11)- I did not build this one, I bought it completed.
I sold the V6 MR2 and the Supra during my divorce in order to keep my house. I used the leftover funds to build the RX7 in the first link (you can see my daughter on the main page). I have dozens of videos of my Lexus and my Supra, I would just have to put them somewhere if you wanted to check them out.
Posts: 681 | Registered: Feb 2008
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I see that WM is trading Pre-market for .17 right now. Will it be trading after the market opens or since it is "wiped out" ... will it simply not be traded ?
Posts: 681 | Registered: Feb 2008
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BTW, I had my WB sell order at 16.70 and was away from the computer all day yesterday. POS hit 16.50 and then plummeted. Now trading for 10.XX so I guess I will be holding for a long time Posts: 681 | Registered: Feb 2008
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im holding 500 wm..crap..whatever.. those dicks.. gonna make it up in other buys and sells i hope..should not be an issue at this point..im am relly bear today and then gonna go bull at the end of the day..hopein over the weekend the deal gets done..its a crap shoot at this point
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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SoAngel..those rides are the bomb..a vette motor in a supra..wow..the the yellow supra. looks like a total makeover from red to yellow..what a job and the car is fantastic..how cool is that?
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Couple corrections for you... Vette motor in a 3rd generation RX-7. Yellow car was a V6 Supercharged 2nd generation MR2. My first Supra was white, I will post some pictures/videos at some point when I get around to it. My second one was black, but I never had that one on the road.
BTW, I am holding 730 WM. And I am holding basically my whole account in WB. Honestly, I am going to hold it until I make money or it fails. If I end up broke, then I am straight up done with this.
Posts: 681 | Registered: Feb 2008
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posted
im reading and hearing other threads..they are talking possibly down 2000+ on the dow in a hurry..as much is i would like to be bull, just cant do it at this point..right now,today , im all bear..it looks like the last few days, as crazy and wild they were, ultimatly were just a BEAR TRAP..and SKF..i thought financial shorts are dead..I guess not..what up with that? im gonna play a few options, maybe RIMM and AAPL calls toward the days end
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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dude, cut your loss now and roll into SRS its gonna open up and go higher thru out the day..as WB goes down..then roll it back into there if that is your stock of choice..im liking SKF SRS and SDS..looking to reverse my position at eh end of the day so im ready for monday..only small and only for 1 day..then its back bearville
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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i currently have in place limit orders for FNM * 1.00 and AIG * 1.25..time will tell, probely get wiped out on those too..im taking very much more risky plays than normal, cause even tho I know "its my money" im feeling im playing with the house money cause i had a few wins lately, so why not, but It could end up being all good..I love love love cyber vegas
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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delgotit..aggreed on that..but i looing at QLD later toward the close today..IMHO..the debat and vote wont final till sunday afternoon..
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Yeah good idea. People will freak out most of the day b/c congress is arguing about it, but at the end of the day they will realize the bailout will happen by opening Monday.
Posts: 111 | Registered: Dec 2006
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I grabbed WB at $9.64 Come on CONGRESS!!! I'd like to see that $25 price again. Posts: 2367 | From: Detroit | Registered: Mar 2005
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CAT...$62.60....wait....$63+ now. Still ripe for a play to $65.
F....$4.80....grab some if you can get in less then $4.75....that is if you feel congress will pass the bill.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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I'm against the $85,000,000,000.00 bailout of AIG.
Instead, I'm in favor of giving $85,000,000,000 to America in a We Deserve It Dividend.
To make the math simple, let's assume there are 200,000,000 bonafide U.S. Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up..
So divide 200 million adults 18+ into $85 billon that equals $425,000.00.
My plan is to give $425,000 to every person 18+ as a We Deserve It Dividend.
Of course, it would NOT be tax free.
So let's assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes.
That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their pocket.
A husband and wife team has $595,000.00.
What would you do with $297,500.00 to $595,000.00 in your family?
Pay off your mortgage - housing crisis solved.
Repay college loans - what a great boost to new grads
Put away money for college - it'll be there
Save in a bank - create money to loan to entrepreneurs.
Buy a new car - create jobs
Invest in the market - capital drives growth
Pay for your parent's medical insurance - health care improves
Enable Deadbeat Dads to come clean - or else
Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And, of course, for those serving in our Armed Forces.
If we're going to re-distribute wealth let's really do it...instead of trickling out a puny $1000.00 ('vote buy') economic incentive that is being proposed by one of our candidates for President.
If we're going to do an $85 billion bailout, let's bail out every adult U S Citizen 18+!
As for AIG - liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.
Here's my rationale. We deserve it and AIG doesn't.
Sure it's a crazy idea that can 'never work.'
But can you imagine the Coast-To-Coast Block Party!
How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the $85 Billion
We Deserve It Dividend more than do the geniuses at A IG or in Washington DC.
And remember, The Birk plan only really costs $59.5 Billion because $25.5 Billion is returned instantly in taxes to Uncle Sam.
Ahhh...I feel so much better getting that off my chest.
Kindest personal regards,
Birk
T. J. Birkenmeier, A Creative Guy & Citizen of the Republic
PS: Feel free to pass this along to your pals as it's either good for a laugh or a tear or a very sobering thought on how to best use $85 Billion!!
Posts: 2367 | From: Detroit | Registered: Mar 2005
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the WM crap really put a hitch in my get-a-long today..things are not panning out like i was thnking, so i got a bad case or rigimortis right now
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Nevermind....that guy is a IDIOT....divide it out and its only $425 per person. It was an email that I got.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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T. J. Birkenmeier idea will work as planned, but the meatheads in power cant take things som simple..besides..what would the world be without all the homeless and "poor"?
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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posted
wb looks really good..but when they can just change the rules on the fly..aka WM ..i dont know..im pissed and dont like getting burned twice in a row
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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