When you take the reverse split history and work it backwards, that at one point in 2007 AIG was worth $1446 per share on a split adjusted basis, taking in today's price it implies that a rear looking valuation of the company was 23.16x70 billion (today) $1.7 Trillion. Guess it has the title for most valuable company in the World in the history books?
Hmmmmm, have the money master gone completely insane. Does anyone believe this non-sense? It is almost comical as if anyone who has ever purchased or sold this garbage is calling themselves a moron.
Thanks buddy, hope you are still around. It has been an incredible ride and in fact I have benefited because I trusted the call and literally stopped trading. I used to be a day trader, that is how I started - trust me when I say it is a futile effort.
The money I have made on the right call and staying steady was a life changer. Hope you guys did as well.
I sent Barclays my yearly fruit basket to their P.O. Box on record on the prospectus, I don't know if they ever get it but I feel good I thanked them for the free money from the markets with their design.
Be well everyone and happy New Year.
Oh ya. I have cleared my equity positions all of them. We will still head higher but there will be a sizable drop in February I wanted to avoid.
I would like to thank myself in the past for the moment I am living now. Thanks Wes. ;)
My future self also gave me the heads up for the slide in February (al-be-it temporary). Living a quantum life has its benefits.
It pleasures me to put this post back into the present with the 18 month call I made on DOW 18,000 almost right to the day. I hope you all have enjoyed the ride. The central banks have changed me and my families life. Maybe twice in a life time you can catch this ride.
Thanks uncle Ben and aunt Janet.
I had to find this message. I tried to find them all. I haven't chimed in on here in a while as I have just added to VXX during every moment of volatility I could. My portfolio has quadrupled and I feel pretty proud that Warren Buffet would be jealous (in my dreams).
So here's my BUMP to myself for New Years. 1.5 years from the call for DOW 18,000, called it right on the money. I am short VXX still, all equity positions are closed out and I am long USD until February when the market tanks. That's all I am giving you ;)
Hope everyone is well.
The key of course will be building your short position into the eleventh hour to get the biggest gain.
I'm looking for a up to 10% correction, yea a ways to go. As for my 4800 bit coins and 24,000,000 earth coins, they don't feel worthless, you should really read and understand what is happening in the crypto currency World my friend. Your ignorance will be your demise .
This is that moment I am talking about - a 30% move in a single day has always preceeded the large rises in VXX. It has been an AWESOME MONEY maker and I will begin re-instating the short in 30-60 days.
Let it rise boys and enjoy the ride down in markets. I would NEVER buy this thing even though I know it is headed higher here.
Hey I forgot about that, actually buddy I pulled a few million off of that trade. I haven't chimed in in a while because life took an incredible turn and I switched my entire business over time crypto-currencies. In fact I also formed a Coin myself. Although it is only worth $1 million USD right now, maybe the sky is the limit. Who knows.
As well we are about to launch our own exchange. So good luck with the fiat paper money, fait banking World! I am not looking back. The revenue's generated daily exceed $25,000 per day already and no one even knows we exist!!
And they will be bright!
Merry Christmas to you as well. Just keep holding that VXX short and fortune will fall out of the sky! ;)
VXX short for 40 years would make Buffet look like a small time hustler. ;) That's the new market. Find inefficiencies in the way in which people degenerately gamble. This is not about a capital raising game any longer it is simply one GREAT BIG CASINO.
Yes it is so awesome! Nov 25. Girl. Unbelievable. No words, only that I should have done it sooner! Don't wait. ;) I can help you make one - I seem to be good at it ;)
Nah I'm not worried about these fluctuations. The bet was for a different time frame. Selling over $11 at least. Just a double.
Thanks buddy! I always know I have the right trade with the thumbs down hehe. Same thing with a product called VXX (short). Thank God for the people who donate their money for my profits! ;)
Average buy price $5.87. I am not selling one until the double digits. BBRY you still suck large ones but thanks!
Heheh for those that know me, trades are given freely for your enjoyment! And mine. That's the way you make a stock go up. Lose $4 Billion and scare the bejesus out of the market so the stock goes up hahaha.
You have to love this World! God bless everyone and another Merry Christmas trade!
Yes some say it was I purchased from $11 all the way down to $6.22, that trade does live in legend. Nothing in comparison to my Bitcoins that I am lauded for, in fact I am in the middle of putting $1.3M back into the coins for the run to $8000 a piece next year.
Don't say I did not tell you fool.
a rimtard. I shorted this thing into oblivion, from $72 to $24 and then bought as low as $6.22 and sold at $15.50 and a few higher HOWEVER I also held on their halt day and lost a bundle so I reshorted above $10 and covered in the $7's. BBRY short has always paid BUT....
Yes like I posted to my Facebook, BBRY can only go down 100%, it can go up 100's of percent! I am now on that train.
With the bitcoins this year I have now passed last years return of 106%. Its not even worth typing but I am in heaven. Sold 3578 coins on November 25th, same day my daughter was born. I would call 13 lucky for the rest of my life.
I own very few coins now and would like to rebuy 1.3M worth if I get the chance just for fun - maybe turn that into 12M when they hit $8000 a piece next year. Life is good.