Stock tips?

[21pro]

Morgan Stanley and now Goldman Sachs are among the walking dead now.

Expect them both to claim Bankruptcy Protection by November.

also, you can bet that Bank of America will begin liquidating assets of Merrill Lynch anyday now.

and,

AIG needs to find $40,000,000,000.00 in the next ten hours or they are gonna be hurting.

btw- where is BofA getting the money to overpay on this ML piece of shit? they are borrowing it from Japan for 1% interest! 1 fuckin' percent!!! B of A is also getting 1/3rd of the money by corporate tax avoidance ... in other words when they buy a 'belly-up' financial house they get to deduct the newly acquired company's losses against their own profits. Of course at some point some other source of tax revenue must replace this lost cash flow ... i.e. US taxpayers !

Say goodbye to Dow 11,000.

 

[itmeans]

Morgan Stanley and now Goldman Sachs are among the walking dead now.

Expect them both to claim Bankruptcy Protection by November.

Wrong, they're two of the strongest investment banks.

 

[21pro]

yeah, just adding to post #66... ie, what I'm getting from my broker buddy.

no doubt these are of the strongest investment banks, but their full exposure has not been disclosed as of yet... and I bet it's with good reason.

 

[21pro]

Morgan Stanley and now Goldman Sachs are among the walking dead now.

Wrong, they're two of the strongest investment banks.

true, they are, but what I said:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aG34lbH1boqE&refer=home

this fallout has caused the end of INVESTMENT BANKING as we know it!

http://www.youtube.com/watch?v=MbewvdbNlxA

they clearly expect an investment banking fire sale in the next 24 months. and the sharks (Chinese) are going to buy up the carnage and become corporate america's new investment angels.

 

[Uzo]

pumpkins are going to peak towards the end of Oct before they dive...

 

[big dogie]

pumpkins are going to peak towards the end of Oct before they dive...

LOL.... that's a good 1

b d

 

[21pro]

I certainly would not trust ANY stock advice this period from anyone!!!

except this:

To take advantage of the greatest long-term wealth-building machine available to individual investors, you have to be in the market. And if the current craziness is keeping you away because you fear a huge drop, you're ignoring the advice of some of history's top investors.

 

[JohnLarue]

true, they are, but what I said:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aG34lbH1boqE&refer=home

this fallout has caused the end of INVESTMENT BANKING as we know it!

http://www.youtube.com/watch?v=MbewvdbNlxA

they clearly expect an investment banking fire sale in the next 24 months. and the sharks (Chinese) are going to buy up the carnage and become corporate america's new investment angels.

The end of Investment Banking as we know it???

You may be right, but I doubt it.
Just as the Tech craze was going to completely revolutionize our lives with www.washyourdog,com

There will always be a need for companies to raise capital, so there will always be a need for for investment banks.
Perhaps they will diversify as JPM & GS have and move into retail banking to offset the boom / bust cycles

Every industry goes through period of upheaval.
It is the US banks turn now
Because they are so intertwined in the economy, this upheaval has a lot of investors very worried

JPM & GS going under??
I guess anything is possible, but these are well run companies who have generally avoided the sub-prime mess. GS in particular

 

[21pro]

not the end of investment banking, but the model they worked on doesn't work anymore... read the article.

 

[simplyaguy]

Short WN at TSX when it hits around $101
Buy CL at S&P around $41
Buy AIG at DOW around $48-$49
Short TD at TSX

Hopefully anyone that bought AIG from this tip, sold before the crash.

 

[goodtime]

Morgan Stanley and now Goldman Sachs are among the walking dead now.

Expect them both to claim Bankruptcy Protection by November.

Many of the Global finance heads are ex-GS. Unlikely Paulson, Carney & friends watch GS go under.

 

[21pro]

no real tips anywhere but i went all in with purchase orders yesterday...

out of 30 orders of various US companies, 18 were already filled by 10 am this morning...

just hoping to see a usual early spring bear market rally. i hope Obamamania escalates the returns to a 4 month +30% rally.

you know me, i buy the worst beat up stocks that have a chance at surviving... if 2 of 10 are home runs, i make atleast 20%aror...

some of my orders included :

bank of america, citigroup, comcast, chesapeak energy, ford, yahoo, among others... some high dividend payers as well (just in case)

 

[stang]

Opportunity is knocking.
The question is do we have the balls to answer the door.

 

[Rockslinger]

i buy the worst beat up stocks that have a chance at surviving...

There is an old Irish saying that goes something like this: "Audentis Fortuna Juvet". Fortune favours the bold (motto of the Special Air Service). Good luck.

 

[big dogie]

bank of america, citigroup, comcast, chesapeak energy, ford, yahoo, among others... some high dividend payers as well (just in case)

I bought C and BAC, I figure one will make it for sure maybe @10X so what the hell... also bought RKH for the mix

 

[stang]

I bought C and BAC, I figure one will make it for sure maybe @10X so what the hell... also bought RKH for the mix

I'd think about it too but the Can dollar is now too low

 

[21pro]

I'd think about it too but the Can dollar is now too low

which sucks, 'cause the Cdn $ must go back up a bit and makes US$ purchases more expensive and diminishes returns... but, some of these opportunities are just too damn cheap to get hung on currency issues. i believe .80-.86 USD is where our overall economy does best... manufacturing and exporting would like lower, but imports and mainly our consumers want a higher $, which means lower gas prices, lower costs for alcohol, energy, and almost any other consumable.

sad thing is that on a per capita comparison, Canada is throwing more money at our bailout problems than the US... our taxes have no choice but to rise. as for the US, they aren't doing enough.

gotta hit the ice now.

 

[bing]

Opportunity is knocking.
The question is do we have the balls to answer the door.

If you don't answer the door, you will never know who's knocking.

Life is all about assessing risk and taking chances.

Been sitting in cash for a long time, however I made a huge bet that the restructuring of the ABCP market would go through. My advisor said it would be a sure thing and it worked out to be a 300% return. However, it was a year of many sleepless nights because of all the delays. Such is life!!

With some of the profits, I bought some GE at under $13, and some OPC, an oil
sands company. Willl see how things work out by the summer, I need a faster hobby car!!

 

[wetnose]

Can't go wrong with Toyota at this point. It may fall further but however the big 3 disaster will shake out, Toyota is probably going to gain market share. Avoid any other car company or parts related.

 

[stang]

Alright, I did do a "what the hell" and jumped into Citigroup on Wednesday at $3.03. What's life without risk.