Target price under 2.5
edit: Bought at 2.5 short term sell, 3.10 long term hold till $8 if the possible goverment takeover of 80% is off the table.
edit 2: tempting to put even more money in, definate if you havent gotten in, this may be for you
Entries Tagged as 'Uncategorized'
Looking to get into aig today.
November 10th, 2008 · No Comments
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Why Shorting SDS is in my opininion the greatest long term strategy for the average investor
November 8th, 2008 · 2 Comments
IF you look at the chart located HERE, you will see that over time, SDS does worse than its non leveraged counterpart SH.
This is caused by the Constant Leverage Trap, a problem with double leverage that causes below 200% returns.
The solution to the issue, and the way to achieve an over 200% return, In periods of volitility.
If [...]
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Diversify your bearishness, toss in the nasdaq: or why i like UltraShort QQQ ProShares (QID)
November 1st, 2008 · 1 Comment
Dont worry, Im not just gonna keep my hate located on the s&p 500, of all of the indexes, the nasdaq seems to be behaving the most bearish, as such I am recomennding UltraShort QQQ ProShares (QID).
It is important to make sure that you dont through all of your bags on to one new york [...]
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Take the 50% gain,or why i would be long UltraShort MSCI Emerging Mrkts ProShares (EEV)
October 30th, 2008 · 2 Comments
So, id like to thank all of my readers for their responses, I appreciate the emails. (use the contact me link above)
That being said, I stand by my claim, you SHOULD NOT BE SHORT THIS STOCK ANYMORE!
I am on full confidence saying that you should be going long this stock at the first oppourtunity.
I think [...]
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Peggy Hill and Cotton Hill are running for the White House
October 20th, 2008 · No Comments
I’m sorry for this, it was just too easy, they look so damn much alike.
I’m a huge king of the hill fan and i was watching today I was like, yesssssssssssss.
Back to investing though.
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Ticketmaster (TKTM) fun: Do I get to see the next Giants game?
October 7th, 2008 · No Comments
I picked up some shares of Ticketmaster (TKTM) after the rather sizable fall from the day’s highs, it showed some strength at 12.22 after it fell and recovered.
As far as i can see, some shorters entered this morning, possibly on a TIMALERT (by Timothy Sykes), so I figure the daytrading crowd may be a nice [...]
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Wells Fargo, WFC, Wachovia, WB, Agree to Merge
October 3rd, 2008 · No Comments
Wells Fargo, a company I personally like, has decided to make the stupid move of paying 7$ a share for
Wachovia Corporation (WB) has decided to do the stupid thing of not only buying a bank with really bad assets, but overpaying for it.
That being said, Wells Fargo (WFC) is now on my buy list, and [...]
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The 74 people who voted for the bailout in the Senate, or “So politicians do have brains”
October 1st, 2008 · No Comments
YEAs —74
Akaka (D-HI)
Alexander (R-TN)
Baucus (D-MT)
Bayh (D-IN)
Bennett (R-UT)
Biden (D-DE)
Bingaman (D-NM)
Bond (R-MO)
Boxer (D-CA)
Brown (D-OH)
Burr (R-NC)
Byrd (D-WV)
Cardin (D-MD)
Carper (D-DE)
Casey (D-PA)
Chambliss (R-GA)
Clinton (D-NY)
Coburn (R-OK)
Coleman (R-MN)
Collins (R-ME)
Conrad (D-ND)
Corker (R-TN)
Cornyn (R-TX)
Craig (R-ID)
Dodd (D-CT)
Domenici (R-NM)
Durbin (D-IL)
Ensign (R-NV)
Feinstein (D-CA)
Graham (R-SC)
Grassley (R-IA)
Gregg (R-NH)
Hagel (R-NE)
Harkin (D-IA)
Hatch (R-UT)
Hutchison (R-TX)
Inouye (D-HI)
Isakson (R-GA)
Kerry (D-MA)
Klobuchar (D-MN)
Kohl (D-WI)
Kyl (R-AZ)
Lautenberg (D-NJ)
Leahy (D-VT)
Levin (D-MI)
Lieberman (ID-CT)
Lincoln (D-AR)
Lugar (R-IN)
Martinez (R-FL)
McCain (R-AZ)
McCaskill (D-MO)
McConnell (R-KY)
Menendez (D-NJ)
Mikulski [...]
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Names of who voted against the bailout in the senate: 25 people who just hate the jobs theyve got
October 1st, 2008 · No Comments
Allard (R-CO)
Barrasso (R-WY)
Brownback (R-KS)
Bunning (R-KY)
Cantwell (D-WA)
Cochran (R-MS)
Crapo (R-ID)
DeMint (R-SC)
Dole (R-NC)
Dorgan (D-ND)
Enzi (R-WY)
Feingold (D-WI)
Inhofe (R-OK)
Johnson (D-SD)
Landrieu (D-LA)
Nelson (D-FL)
Roberts (R-KS)
Sanders (I-VT)
Sessions (R-AL)
Shelby (R-AL)
Stabenow (D-MI)
Tester (D-MT)
Vitter (R-LA)
Wicker (R-MS)
Wyden (D-OR)
This time ill forgive the nv on account of health, but just so you know
Not Voting - 1
Kennedy (D-MA)
Update 1:
Just in case you are wondering, im trying to track down [...]
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Link to the Bailout Bill vote in the Senate
October 1st, 2008 · No Comments
Bailout Bill vote
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