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  • susiesweatsocks susiesweatsocks Jun 11, 2012 5:20 PM Flag

    It is all about the P/E Stupid

    May 16 and May 21 the insiders sold 13 billion dollars worth of stock based on overinflated earnings. That keeps me on the sideline as the IPO comes in the off season, amidst political turmoil, and economic crisis which is far from resolved. One thing stock market gamblers can be sure of is lots of hairccuts for the average trader. Buy and hold may no longer work as with the US being in a huge pile of debt manure, this market could see huge setbacks when that debt crisis gets resolved. It will get resolved. And when it gets resolved the average people (stock buyers (always long)) will get their multiple haircuts. Expect to see the masses get thrust into the dark ages, like the average people in India and China. That is the plan, and you better believe it. It is the way the oligarchic fascists have been steering the nation for decades. This is not by accident or lack of understanding, this calamity. It is all by design, and intent. We lose, they win.

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