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Market Vectors Chinese Renminbi/USD ETN Message Board

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  • personyoumayknow_1 personyoumayknow_1 Apr 17, 2008 10:05 AM Flag

    Morgan StanleyCredit Risk


    Morgan Stanley may be selling their Sub-prime loans in the stock market. You can not even sue if you lose all your money. They told you that you are not buying Yuan, you are buying Morgan Stanley's Notes.

    YUAN is hot! it is nice to sell their risky loan like a new stocks with YUAN.

    Good lucks to you all.

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    • But if there is a MS fear, shouldn't that be reflected in the MS PE ratio? MS PE is 25 right now, if CNY is down on MS fear, shouldn't the market value MS at PE of 12 or 10 or some < 15 value?

      I would think they would both track together - MS PE Ratio of 25 should mean that CNY is doing great - or rather - go back to tracking the Yuan instead of doing nothing as Yuan rises.

41.7489-0.1611(-0.38%)Jun 24 4:00 PMEDT