U.S. credit card delinquencies are rising and the credit card issuers could be in for a lot of agony.
Expectations that cash-strapped consumers and businesses will default on their credit card balances in greater numbers are forcing lenders to reduce consumer credit lines, "cut back on signing up new customers and raise fees."
MA will be under $200 very soon, probably within the next 2 weeks.
The sytem might be broken but shortie's like you are contributing to it by shorting stocks of American co's, go short a french co's. stock but your disdain for America and American co's is almost pathetic and definately disgusting.
How do you live w/yourself?
Once again do the right thing......COVER!
"I'm not sure you can read" - that was brilliant longie???!?
The system is broken what else do you need to know. Until a sure fix comes along, major problems will continue to resurface.
Get a clue!
You were complaining not to long ago about taking a big hit by holding onto your MA shares.
I am not, I post here from time to time. I do have a short position but I have reduced it down to 250 shares. Depending on the market I probably wont add to my short position until it reaches 240 level again.
Clearing my short around 200-206.
Nope, no way, do you read minds, do you know what I've forgotten and what I haven't?
This bodes well for MA in the near term, you shortie's are desperate and flooding the msg. boards w/your tripe, it's one of my favorite indicators that we're headed up, way up and soon.