Ever since those whitehouse CEO talks of early 2009 this con has been one big prop job. Thanks obamie.
Is it possible that the berko and the lamster are simply buying time now for the future event, where a lender finanaces a cash buyout at a big premium for yet undisclosed buyer, because of said value. Like what happened in the run up to the real estate bust of 2008-2009? Lets face it, history could repeat... On the face of it, it is the Keynesian way, and last I looked we are run by these keynesian klowns.
And again. Talk about timing.... Or an attempt at manipulation...
Golfbum, are you suggesting they are going to take 50 million existing off food stamps? Not in my country no sir, you see in the USA, the lazier you are the more you get:)
Baltic dry index is the lowest its ever been since recording 30 plus years ago. It measures shipping rates for dry goods shipped worldwide. Like GRAIN, STEEL ETC. Trucking is off 50% IN THE US YOY. EU BANKS ARE ALL ROLLING OVER HARD. The energy sector in the US is slowly going BK. Look at natty gas. Look at coal. Look at the shale drillers. US banks starting to roll hard because junk debt from above is bad debt. I'll stay short thank you very much.
Already short FB maestro. Just trying to help the less educated out. The only thing that saves this is if yellen does a massive helicopter QE drop of the likes we have never seen. Which is totally possible. But when does she do it? That's the biggie.
That's what they said in 2000 when amzn broke all the way DOWN to $5 a share from over 100 in 1999.
You know what they say, each rat to himself,:)
Its about the only stock out there that isn't. If she breaks, $15-$20 a share could happen
Which is understandable. especially when you get central bankers involved in propping things up through QE.
Sad, isn't it? fundamentals be darned.
I cant think of a bigger one. In the 90's they pumped this pig up too. Then it fell all the way to $5 a share. it may do it again.
That is the lower she goes the lower the PE. Just think if she goes to 20 the PE will be around 10.