No Bailout for the Governator: California's 'Fiscal Emergency' [View article]
Yeah, all those lousy roads, schools, police stations and fire stations all have absolutely no value. Thanks for helping me see the light...
On Jul 02 03:20 PM MMMPARSLEY1 wrote:
> Incidentally, > > How do you run a state into the ground. It's basically a business > which earns money for simply setting up shop and forcing you to pay > them for doing nothing; for adding to absolutely no value. It's 100% > pure profit. > > The only obligation is to redistribute the money inefficiently. > > > It's a tough job, but somebody has got to do it.
Dendreon Investors Learn a Hard Lesson in Stop-Loss Orders [View article]
Thanks for the article...had not thought of that problem with stops...
nice...wish I had been home in time that day...wanted to do the same thing...totally agree it was serious shenanigans and should not be allowed...but the SEC is asleep...especially sucks to be the people stopped out for $9...
Dendreon's Provenge Is Scientifically Intriguing but Commercially Nonsensical
[View article]
Wow...was someone short DNDN?? Sucks to be you... By the way, mild flu like symptoms for a cancer treatment is pretty darn good...also, it is not just quantity of life most people want but quality...this drug extends both...hard not to like this company & stock after all they have done for people...$40 sounds like an achievable target price for this stock.
92% in 1 stock???? They deserved to blow up...this may now make a good lotto play...small position, NOT 92% or 50% or anything wildly stupid as this...
ANY currency- gold, paper, or whatever- is only worth what people will give you for it...this will not change and gold is NOT special magickal mystery cure for all economic ills...
And if gold is SO superior to paper money...how come all those people on the commercials talking about gold going into thousands of $s take PAPER MONEY for it?? Think people...
As for end of the world economy scenarios...it is much more useful to have food, water, land in a remote area, guns and ammo if this comes to pass...so lets just hope this does not happen as most of us don't have all these things.
The Debate over Whether Bubble Prices Will Ever Return [View article]
Too expect a sharp rebound in areas most affected is silly...but "never" is a very long time. Real estate is different from tulip bulbs, so once everyone forgets the results of horrible silliness, there will be another bubble eventually...some things never really change.
CNN Misses the Point About Tea Parties [View article]
This is the one bet AIG actually hedged very well, they contributed to Obama AND McCain...they ALWAYS play both sides...
On Apr 18 12:39 PM Jimbo wrote:
> I have voted in every presidential election since 1952. In `1972 > I sent Richard Nixon a long telegram , telling him why I was not > voting for him. I could not vote for his opponent either so I passed. > I have always felt that in most elections, you have to choose the > lesser of evils. Defenders of CNN, et al, misjudge this tea party > movement at their peril. Look at the sweetheart mortgages given to > Obama, Dodd and others. AIG people gave large campaign sums to Dodd > and Obama, even though Dodd was not running this cycle. Many of us > now realize how much Nancy Pelosi's "Culture of Corruption" permeates > BOTH political parties. I sense a profound voter revolt in the next > election.
Oil Volatility Will Keep Killing the Economy in Waves [View article]
Yawn all you like...this would significantly affect a large part of the population...this would hit the consumer and what is bad for the consumer is bad for businesses...this would lead to retail/restaurants/real estate getting hit AGAIN...do you remember NOTHING??
On Apr 15 03:44 PM Cetin Hakimoglu wrote:
> Oil $100 within 18 months and gas $4 a gallon. Then we'll hear the > usual hemming and hawing by the talking heads over speculators and > pain at the pump. yaawn.
Thoughts on the S&P 500 Going to 325 [View article]
All these people talking about fear being gone as a positive sign...there is never any fear at the TOP...that being said, there is a lot of fear here...that combined with non-apocalyptic #s/news reports could send us higher for now...but really, this market is not healthy...and won't be until there are not multiple "too big to fail" entities.
Why Should Life Insurers Be Bailed Out? [View article]
If something is too big to fail...it is TOO FRIGGIN BIG!!
About Florida...try walking a mile in someone's shoes before throwing stones...plummeting home values, plummeting investments and growing unemployment and then added insurance premiums...can you see WHY this would upset people?
Insurance companies are giant scams anyhow...I remember immediately after Hurricane Katrina there was some insurance company bigshot talking about some loophole in the policy that allowed them to not pay out policy holders that had just lost everything...and the SOB was SMIRKING!!!
The only reason I would not like all of these to vanish now is because so many people have needed income from pensions and annuities that rely on these things being solvent/bailed out...poor them...
Could the Dow Sink Another 50% by 2012? [View article]
While I think that we are not done with the downside yet, I don't trust this Harry Dent guy. I keep hearing radio commercials mentioning his name that talk about preparing for the next great depression, and suggest handing over one's assets...Justified pessimism aside, I just don't like or trust fearmongering...Also, ultra ETFs should be used with caution for short term trades NOT long term investments.
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Latest | Highest ratedNo Bailout for the Governator: California's 'Fiscal Emergency' [View article]
On Jul 02 03:20 PM MMMPARSLEY1 wrote:
> Incidentally,
>
> How do you run a state into the ground. It's basically a business
> which earns money for simply setting up shop and forcing you to pay
> them for doing nothing; for adding to absolutely no value. It's 100%
> pure profit.
>
> The only obligation is to redistribute the money inefficiently.
>
>
> It's a tough job, but somebody has got to do it.
ETFs That Bet on Housing Values: Is This a Joke? [View article]
Is Honesty Important to Wall Street? [View article]
Dendreon Investors Learn a Hard Lesson in Stop-Loss Orders [View article]
nice...wish I had been home in time that day...wanted to do the same thing...totally agree it was serious shenanigans and should not be allowed...but the SEC is asleep...especially sucks to be the people stopped out for $9...
Dendreon's Provenge Is Scientifically Intriguing but Commercially Nonsensical [View article]
By the way, mild flu like symptoms for a cancer treatment is pretty darn good...also, it is not just quantity of life most people want but quality...this drug extends both...hard not to like this company & stock after all they have done for people...$40 sounds like an achievable target price for this stock.
Sequenom's Bombshell [View article]
How Does $9000 Gold Sound? [View article]
And if gold is SO superior to paper money...how come all those people on the commercials talking about gold going into thousands of $s take PAPER MONEY for it?? Think people...
As for end of the world economy scenarios...it is much more useful to have food, water, land in a remote area, guns and ammo if this comes to pass...so lets just hope this does not happen as most of us don't have all these things.
Is Dendreon a $360 Stock - Or Is That Too Low? [View article]
The Debate over Whether Bubble Prices Will Ever Return [View article]
CNN Misses the Point About Tea Parties [View article]
On Apr 18 12:39 PM Jimbo wrote:
> I have voted in every presidential election since 1952. In `1972
> I sent Richard Nixon a long telegram , telling him why I was not
> voting for him. I could not vote for his opponent either so I passed.
> I have always felt that in most elections, you have to choose the
> lesser of evils. Defenders of CNN, et al, misjudge this tea party
> movement at their peril. Look at the sweetheart mortgages given to
> Obama, Dodd and others. AIG people gave large campaign sums to Dodd
> and Obama, even though Dodd was not running this cycle. Many of us
> now realize how much Nancy Pelosi's "Culture of Corruption" permeates
> BOTH political parties. I sense a profound voter revolt in the next
> election.
Oil Volatility Will Keep Killing the Economy in Waves [View article]
On Apr 15 03:44 PM Cetin Hakimoglu wrote:
> Oil $100 within 18 months and gas $4 a gallon. Then we'll hear the
> usual hemming and hawing by the talking heads over speculators and
> pain at the pump. yaawn.
Thoughts on the S&P 500 Going to 325 [View article]
Sucker's Rally Approaching an End [View article]
Why Should Life Insurers Be Bailed Out? [View article]
About Florida...try walking a mile in someone's shoes before throwing stones...plummeting home values, plummeting investments and growing unemployment and then added insurance premiums...can you see WHY this would upset people?
Insurance companies are giant scams anyhow...I remember immediately after Hurricane Katrina there was some insurance company bigshot talking about some loophole in the policy that allowed them to not pay out policy holders that had just lost everything...and the SOB was SMIRKING!!!
The only reason I would not like all of these to vanish now is because so many people have needed income from pensions and annuities that rely on these things being solvent/bailed out...poor them...
Could the Dow Sink Another 50% by 2012? [View article]