The wealthy have no nationality. They use Government entities to fund their ventures. You accuse all Americans of this when in fact we are as helpless to these acts as you are to your Government's actions.
FB will be the exception, it's going to outperform the market, jmho. With that said I do have a few hedges in place.
As long as you're not using margin, u good . Set a sell at $50 and walk away from the boards. U will have a freaking great x-mas. I got in at $27.
If supreme courts rules against, markets go up. Obama has ammo going into elections.
If supreme court rules in favor, obama has ammo going into elections with a promise kept.
Im going to guess my first statement rings true thursday.
I didnt say the market will not crash, it will. I just believe it's going to happen in two years, not this year. This is a business. If you look at the shares traded this year compared to past wall street has clearly lost the trust of retail investors. How do you regain that trust? Show them the $$$. Im in the same boat with you, how the heck is the market at this level? You cant fight the FED.
Brokerage firms are advertising again. We are in a false bullmarket. Regardless, it's still a bullmarket. Expect the crash to happen in two years when suckers have started investing again. I will add another 100 to your 1400 prediction.
Cant believe u are still on this board. I agree with u though. Everytime good news comes out management steals it from the shareholders by diluting the shares.
I believe it touches $10 before $20. You can't fight the FED. They have unlimited funds. I agree the markets should be crap right now but I also believe the Obama Administration will keep it a float in this upcoming elections.