Goldman and Morgan Stanley: Banks of Choice - Barron's [View article]
All I can say about Barons is "When Barons is pumping the big guys are dumping". Anyone that followed this hedgefund groupies advise deserve what they get
Short Sales: SEC Turns Back the Clock to 1931 [View article]
How can I short a stock Naked. It is a great Idea I could become rich over night and pay myself 1 billion a year in bonuses and salary. Oh, I guess the edge fund managers are already doing that.
Well, I will set up a company in a country where there are no laws. Then I will short a million shares of x,y,x company. If it goes down I cover and make a bundle. If it goes up I file BK and keep the billion salary I paid myself and let the suckers hold the bag with fake shares. PLEASE someone TELL ME HOW TO GET STARTED. I wanna be rich and famous and buy my own politician to keep the SEC toothless and pay the media hacks to write great things about me. Isn't America wonderful?
Time to Short Financial Stocks - Starting with BofA [View article]
I was already shorting BAC and was about to back out of my position when the CEO decided to buy CFC. Well that told me that those boys still do not get the severity of the housing market or the economy as a whole. They were thinking that this problem will turnaround in a couple of quarters. They were also underestimating the animosity towards CFC resulting from the lending practices and the media’s coverage of those practices. All of the above leads me to believe that the management are a bunch of overpaid, well connected, the world owes me something, ivy league morons.
Goldman and Morgan Stanley: Banks of Choice - Barron's [View article]
Short Sales: SEC Turns Back the Clock to 1931 [View article]
Well, I will set up a company in a country where there are no laws. Then I will short a million shares of x,y,x company. If it goes down I cover and make a bundle. If it goes up I file BK and keep the billion salary I paid myself and let the suckers hold the bag with fake shares. PLEASE someone TELL ME HOW TO GET STARTED. I wanna be rich and famous and buy my own politician to keep the SEC toothless and pay the media hacks to write great things about me. Isn't America wonderful?
Mother of All Short Squeezes? [View article]
They they said it exists but had no impact.
Then the implemented reg SHO
Now they are saying it is destroying the banks.
Now we have a huge rally.
SOO now the king has no cloths. Hw re they ever going back to the past when Naked Shorting does not exist.
Remember after the short squeeze then the bottom will fall out like a rock
Selective Enforcement: (Re)Introducing Regulation SHO [View article]
THe rally the last two days was caused by the naked shorters trying to cover their asses. This porblem is much larger than most investors suspect.
THis is a must listen for stock mrket investors.
www.financialsense.com...
You may want to take all your money out of the market!
Time to Short Financial Stocks - Starting with BofA [View article]
All of the above leads me to believe that the management are a bunch of overpaid, well connected, the world owes me something, ivy league morons.