about Bitcoins. I guess you can take some exceerpts and relate it to volatility. He says what is behind bitcoins to me and the simple answer is security. Nothing else, no Gold no GDP, etc. It is decentralized and not controlled by any organization or man.
To which his standard Chicago School of Business Dogma is about GDP and Gold and the U.S. Government (its implicit promise). hehe do I even have to repeat the rest of the conversation to you. He really does believe that printing $4 Billion a day or money at whim for that matter is a more secure form of currency. Painting lead gold, or mining pyrite or moving reserves from one room to another to show multiple parties you have their Gold safely stored while keeping the doors closed haha. Add to this bank account confiscations and legislation like mark-to-market accounting and on and on and on in addition to the fact that his own bank only hold 6-8% in capital against liabilities! Ya I will stick with my Bitcoins! ;)
I got a 144k myself now but I control about 250k shares between the people I have placed in it. Enjoy. When history is written it will be something to regard. The Q10, Z10 sales were the distraction from what was really going on. Like Chris Angel. Misdirection.
You should regard the 144k of BBRY I hold hehe that thing changes by about the same amount in dollars every day. That one really would make you dizzy but I will be rewarded over $20...
All the misdirection equired to achieve what is really happening. You have everyone watching the store fronts and doing channel checks, you have distractions from Carl that are now debunked, the short interest and the sell on news event that is to occur for tomorrow. All on the surface suggesting to sell NOW. ;)
Not surprisingly the stock is going to continue to move up based on the MDM M2M BES stories that are invisible to most investors hehe. This is unbelievably cherry! Couldn't ask for a better set up.
As evidenced by his DELL bid. He has no idea what is going on. If he were aware of BBRY and making a bet he would be aware of "mobile computing" not the "pc". That alone tells me he has no interest what so ever in BBRY. And rightly so, he's old!
No but I admittedly want to! It's like a naked stripper with her legs over her head wearing a sign that says "Free" - but the sign is referring to the AIDS. I rolled over to BBRY and I a happy. VXX Here is. Good short term bet. I won't do it though. Haha
Hahhaah that is so funny they really have a business model more secure than BAC, C, MS and the rest of them!
Funny you say that, I carry 30k in Bitcoins on my cellphone! hehehe I am trying to get 100k in by the end of the year so we will see! Back up plan! ;)
to associate the APA downturns with hehe. I am seriously happy it is going up! Can't make money all the time! ;) Good stuff. Making me dizzy! ;) Hopefully settle down next week sheesh!
Oh boy you guys are incorigable. VXX short was embarrassing to tell the returns, in fact I recently made a private client agreement with the broker for a lower interest rate for the next time I make the trade. Hehehe keep at it blue, you will figure it out someday. Good luck!
22% return in 7 days. HMMM somethings a little fishy like my sale of Apple and then a short of Apple. I am short 1000 shares of Apple right now at 460.
When you get a rise like that you have to take it. That is an insane return in 7 days. But hey maybe it will go to $120 ;)
Yikes! Heheh no I am not adding anymore shares here. In fact I would rather add at 80 than 84. I am going to sit tight and let you enjoy yourself! You deserve it! ;)
I do not have much more sources of input than you. Pretend you are them. Much the same as when I execute a trade "pretending" I am buying $1 Billion worth, and if it doesn't work for that size of purchase why would it work for my $1 Million? I also look at the bleak situation, a credit downgrade is coming regardless. Everyone knows there can not be a infinite amount of debt and the way those numbers are spinning there is no end in sight or solution. So embrace the inevitable and be pre-emptive before China, Russia, Brazil and India build their swap lines so great and their Yuan becomes so interchangeable that it supercedes the US Dollar anyway.
That inevitability is coming as well, atleast when it comes, if you default now, you have 10 years to build some credibility to compete with the new reserve currency.
Seriously think, why would 3 billion people use a currency represented by 300 million people. There is no logic to that and reality is coming. If they wait to do this the results will turn USA into Zimbabwe over night and no one would be able to trade with them unless you guys went back to making garments for $140 a year.
Seriously all of us know about someone or something that went bankrupt and defaulted on loans from Companies like Chrysler to Cities like Detroit to your neighbour Bob and even dozens of Countries. Life indeed went on. Before you catastrophize I will suggest that default is an option and a way to cleanse the US System of cronyism, pork and waste and debt burden!
Good job. Just throwing out pings ;) I am long and have not budged. I would like the market to think Ichann is gone while it moves up regardless it will baffle them. The story is BES, MDM, M2M, etc. No doubts about it and most retail can not find out information regarding that subject they can just regard Z10 and Q10 posters in store fronts or lack there of hehe. It should be swift and sweet.
I think VXX is going to finally not side with congress finding a solution. Usually markets have moved up in anticipation of the debt ceiling being raised I mean what other option is there and we have gone up accordingly and then popped when they have last minute solved a problem.
But this time I think we are not going to do that. We are now going to fall until the debt ceiling issue has some clarity. I think the market is going to behave as if a default is coming unless something is done to prove it isn't. The opposite behaviour of what we have experienced over the last while.