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Premarket gainers: OSIP +51%. CIIC +29%. AIG +14%. BIOD +13%. RISK +12%. MIL +11%. EP +5%. ARIA...

Premarket gainers: OSIP +51%. CIIC +29%. AIG +14%. BIOD +13%. RISK +12%. MIL +11%. EP +5%. ARIA +5%. VVUS +5%. AIS +4%.
Losers: PUK -14%. GAME -13%. MXB -8%. LYG -7%. HBC -7%. RBS -7%. IRE -6%. TASR -5%. SIRI -4%. BCS -4%. AIB -4%.
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Comments (2)
  • Time2Work
    , contributor
    Comments (589) | Send Message
     
    HBC yesterday lost a "boatload" of money. On its price drop and the number of shares outstanding, do the multiplication and see the amount of lost market cap, on the first day of the month. I expect this to be indicative of what we can expect in the near future within industries directly related to banking, lending, insuring and brokering.
    2 Mar 2010, 09:53 AM Reply Like
  • Time2Work
    , contributor
    Comments (589) | Send Message
     
    Especially with short sellers [puts] circling the market like sharks sensing blood and movement in the open water.

     

    In Brody's words: " ... chum a little of this **** for a while."

     

    Coincidentally his next line was prescient: "You're gonna need a bigger boat."

     

    Wise words. Life imitating art imitating ....

     

    Maybe that's it, we have neither a bull nor a bear market.

     

    We have a shark's market. A prehistoric, mindless, eating, machine, constantly changing, but never adapting. The shark has no need to.

     

    Are you predator or prey?

     

    You need to be both.
    2 Mar 2010, 10:03 AM Reply Like
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