Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Candor7

I will bite. We are talking penny stock with angel investor, possible double bagger short term (week or two). Longterm it suxs.


10 posted on 02/08/2009 3:14:16 PM PST by Orange1998
[ Post Reply | Private Reply | To 9 | View Replies ]


To: Orange1998

If you do buy it, put that short term to three or four days. You will have to use serious money to make any, Say 20 grand or more.

Their stock might bounce up another buck once the stim package is passed, IF it is passed.You can get some of that tax money back. LOL.

I have decided to sleep at night instead, and am looking at commodities, ( Canadian).Small cap silver and commodities ETFs. People got to eat.


11 posted on 02/08/2009 3:42:26 PM PST by Candor7 (Fascism? All it takes is for good men to say nothing, ( member NRA)
[ Post Reply | Private Reply | To 10 | View Replies ]

To: Orange1998
Officials are also discussing how fresh legislation from Congress could buttress their efforts by clearing some accounting and legal hurdles that obstruct loan modifications, the sources said.

I believe this sentence refers to cram downs. Cram downs on existing mortgages are a clear violation of property rights. Cram down requirements on new mortgages will turn the mortgage industry on its head. The nice prose about "obstruct loan modifications" is double talk for asset confiscation.

12 posted on 02/08/2009 3:48:35 PM PST by businessprofessor
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson