Brian - You will wait a very long time, perhaps until hell freezes over, for a banker or other Wallstreet professional to go to jail. In this country there is a "thing called protect-cia and they certainly have it. Its only poor and powerless people who go to jail for forgetting to put a stamp on an envelop, etc.
Not much you can do about maniplation and program trading. Just keep vigilant and you will see when its over and time to buy in again. Not to worry.
I think that the better question to ask is what are the possibilities for TLAB to grow after the dividend is issued? The company has many weaknesses and the stock lost almost 25% of its value from September to November. I am new to this board so any input would be appreciated.
The last I heard was that there are two parties taking risk in a mortgage instrument. The first, the borrower, and the second, the LENDER. Contrary to your belief, the LENDER agreed to take on the risk of default by charging an appropriate interest rate to the borrower. It's tough nuggies when the bank loses in their risk taking adventure. What - human beings should be raked over the coals when they default and the banks should not because they don't have blood running through them? What kind of a person are you Mr. Banker.
Wow! "The Market" really didn't want BZH to go over $5.90 today. Nice manipulation whoever sold 100 share lots a million times.
What does being Jewish have to do with anything? I bet you believe Jews are the reason for the financial mess. You're a moron and an antisemite. I would love to rip you another arsehole and I'm not even Jewish.
How about a bit of discussion about the possible affects on the market when this fit hits the shan. In the past, rising oil hurt the market which would be a positive for TZA. Any comments?
Sure, I can see millions of ex-bank executives, Wall Street MBA's and others of this ilk lining up for construction jobs. Maybe we will have three executive supervisors for every pick handling worker.
No, Friday was the last day for hedge fund investors to notify the hedge fund of their desire to redeem shares. The hedge fund has a certain period of time, as stated in the respective offering memo, to liquidate investments and transfer the money to their clients. Usually is 90 or 45 days.
That's not what this NYT article is saying at all. It says that Nov. and Dec. redemptions will be a lot worse than previous months. It also says that some hedge funds are sitting on a pile of cash anticipating redemption requests but others had not planned so wisely and will have to liquidate their holdings to a great degree. It seems that the fit will be hitting the shan in the following weeks if not days.