GoogleMe
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Those are pretty significant numbers. Could be a lottery trade from the hedgies
Boiler Room: The Official Stock Market Discussion
Those are pretty significant numbers. Could be a lottery trade from the hedgies
88m3
Fast Money & Foreign Objects
The world's largest stock-focused hedge fund might have to refund its investors
fun
so what if they bankrupt themselves in the process?
fun
so what if they bankrupt themselves in the process?
No. If you brought 100 shares for $1 before the reverse split, they would be still be worth $100 today but you would just have 10 shares for $10.
GoogleMe
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the best all around investor has spoken
Domingo Halliburton
Handmade in USA
The price action is pathetic on BAC given how many analyst upgrades there have been in recent weeks. This is setting up for Moynihans exit
BAC has a great company IF they have proper management. The Merrill Lynch brokers hate the upper management at BAC.
I hate those fakkits at WFC as well by I like their stock.
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Domingo Halliburton
Handmade in USA
No. You couldn't do that. It would have just been automatically replaced in your account.
I don't know how versed you are but understand time decay with UWTI. I'm assuming they buy futures and borrow a ton of money to get 3x the return. You can't get long that besides short term.
And even if you like oil to go up...going into winter isn't exactly bullish for oil prices.
You'd basically be betting on Syria destabilizing the middle east.
IEA report saw big inventories in the US....BUT production slowed from 9.6 million barrels to 9.1 million. That's why oil was up on Thursday.
Still I think instability in the middle east would be the best bet (things never change) if you like UWTI. Not a bet I'm willing to take but do your own research.
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Domingo Halliburton
Handmade in USA
don't say I didn't try to make you money. market will have to have a sustained move higher for you to lose on this (and don't get me wrong I hope it happens).
long SPX if you want a hedge
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88m3
Fast Money & Foreign Objects
I just can't believe anyone was shocked by China's rise and fall...
The next economic power opened a market in a country full of degenerate gamblers and book cookers. Add that with experienced foreign money that has masterfully manipulated markets for decades. The indexes obviously rose fast and furiously. What goes up must come down... and when it goes up quick, it usually comes down quick, especially when the rise isn't really backed by much tangible data.
Tha Sircus
Pro
88m3
Fast Money & Foreign Objects
For my very beginner brehs out there that might one day consider options... this may seem like an obvious concept to more advanced brehs... but I learned something the somewhat hard way.
Just because a company goes bankrupt does not mean the stock is going to go to zero.
Bought some calls and puts on MCP a long time ago. 2017 calls in case it ever recovered and Sept $0.50 puts because they were going to get delisted if not above $1 by June. Also hedging in case of bankruptcy. MCP declared bankruptcy probably 4 months ago and that shyt is still trading at $0.11 per share.
Just because a company goes bankrupt does not mean the stock is going to go to zero.
Bought some calls and puts on MCP a long time ago. 2017 calls in case it ever recovered and Sept $0.50 puts because they were going to get delisted if not above $1 by June. Also hedging in case of bankruptcy. MCP declared bankruptcy probably 4 months ago and that shyt is still trading at $0.11 per share.
Carlos Huerta
Just keep my rep red
Try RobinhoodJust realized that with that reverse spit, ameratrade charged me a 38.00 "reorganization fee"....wtf. Ive paid out more in fees then i have in actual stocks
Domingo Halliburton
Handmade in USA
hard to put new money to work without the next 2 days before the FOMC meetings.