BaBa will fall like a rock on March 19th. But it will crater into little pieces when the following 1 billion plus lock up expires in September. Your talking a stock that could be in the $20 range come September lock up expiration so why buy when you know Baba is going way, way lower?
Wow, first Ukraine and now Cyprus. Could Greece be next. Gold set to rocket higher as Russia tries to encircle Europe.
Cyprus on Wednesday signed a deal with Russia allowing its navy ships to make regular port calls on the island. Sure looks ugly going forward with Putin on the march.
Russia's state-owned gas giant Gazprom warned Tuesday it could cut off gas deliveries to Ukraine within two days, upping the stakes in the crisis there -- and threatening supplies to the rest of Europe.
Now that's called Cold Volatility.
Wow - Putin not satisfied with 1/3 or Ukraine. Now he wants to freeze Europe and Ukraine to the bone. This guy is a "Mad Man".
Russia's state-owned gas giant Gazprom warned Tuesday it could cut off gas deliveries to Ukraine within two days, upping the stakes in the crisis there -- and threatening supplies to the rest of Europe. Where is Obama when we need him?
Greeks playing this game talking on both sides of their mouth. No one in Brussels has leaked anything except Greece officials (and we all know the Greeks over state things). I'll be believe a deal is done when someone from Germany talks with a smile on their face.
and sources now say the majority of Germany officials involved in negotiations want Greece out of the picture. As in out of the Euro. It obvious to all now that Greece will not be able to dictate their own terms, so their days in the Euro are numbered. You can't run for Prime Minister of Greece tarnishing the imagine of Germany, then expect Germany to come running with wheel barrels full of money so save Greek banks.
Plain and simple - it over for the Greeks and also possibly the Spanish and the Portuguese.
OK - then that solves everything. A "specific" bridge loan for a country that doesn't pay back loans. You are a genius dunrunnin2 and just solved all of Europe problems. I'd recommend you for assistant to the Greek Financial Minister but assume you won't leave you job as a Used Car Salesmen since you deal with car - bridge loans every day. Maybe if you sold BMW's you would realize Germany ain't buying any Bridge Loan baloney.
Greeks don't call it a loan dude. Its called a temporary IOU that will never be payed back unless Greece find oil in Athens. First poster is correct - a bridge loan to no where other then Default Land.
and not sure which one will come out worse off when Greece defaults and Russia takes over 1/3 or Ukraine (for good). At some point world markets will smell the smoke then feel the heat of these two disasters coming and when that happens - its correction time.
Doesn't make any sense unless you want to play the game of he said, she said. Greece now seems in disarray saying one thing but doing something else. So vote on Friday or bow down to Germany tomorrow. Which way boys - CALL IT.
but then 24 hours later - "we can be friends', then 24 hours later "Stick It. This isn't a game of cat and mouse. Its Russian Roulette and Germany has all the bullets but maybe Greece can point the gun some where else?
Good question - but I don't think the Greek's know the answer. But if they promised a nation wide vote on keeping or rejecting debt extension, then they better do a vote. Greeks will be really mad if PM makes a wrong decision and then says "Greeks can't vote in such a short time frame".
you can have the chicken before the egg. Greek Minister says election first and then we decide if we stay or go. Its that simple.
Sooo Sorry - Cheap Chinese Houses no longer in demand due to China Bubble bursting. Do come back though for largest foreclosure sale of the century. It will dwarf what happened back in the U.S. over the last five years.
and if you show up early you might even get a German toaster with your Greek Bank IOU. Wow
Well you can always throw this into the Bear Pot - Ukraine cease-fire ignored Rebels shelled Ukrainian troops in Debaltseve with heavy artillery and multiple launch rocket systems, according to Ukraine's National Security and Defense Council. Greece default, Ukraine War/Crisis grows - pushes Tvix way higher this week.