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Bruce C.
1 Comment
Protecting Your Wealth and Profit During the 2008 Crash [view article]
Very good post Jason!Many are learning that there really is no such thing as a " safe investment ".If you had bought gold stocks in the mid 90's and held them till 2000 and sold,you would have lost 90% of your investment.Central banks unloaded huge amounts of the Barbaric Metal,citing the costs of storing it and the fact it did not provide returns in interest.The central banks were also using it to actually devalue their currencies,but you would never hear them actually state that purpose.These central bankers never had to own up to their bad investment decisions from JQ public,and likely never will.Nice work if you can get it..LOL!!Regarding your position and recent history of ( SOL )Renesola,it is now trading at 17,nearly double from your 9 rec.I believe we will see this one back to its former highs,and breakout to mid 30's on good to excellent quarterly results,as was the case for the last quarter.They have the money for expansion,so no worries about a secondary offering under the current PPS like some companies have done and hurt their PPS short term.
The financials are providing some extreme trading opportunities,as are the airlines and mortgage companies.Companies like ( TMA )Thornburg,trading at 30 cents from a high of 28 dollars,provide an incredible opportunity for the risk takers out there.They are a jumbo loan brokerage,but have been caught up in the sub-prime mess,and the housing market's general decline.As this decline flattens out and begins to show signs of a come back,stocks like TMA will provide huge,and I mean HUGE!,gains over the next two years.
The airlines are in a similar situation,but it is early in their revival.Very dood trading Ops. though.Be nimble,be quick...like Jack over the candle stick...heh heh heh..
Jul 20 09:53 AM