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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Travis_Bickle who wrote (201641)5/11/2009 8:26:19 AM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
The big advantages of dumping stock on the suckers is both raising equity and that coming losses are distributed across more shares.

I'm all for it. I want the banks to be selling stock like mad here. Better the suckers put their money in than the government put more taxpayer dollars in.

One thing it definitely means is that it's even more unlikely that bank stocks are going back to old highs in our lifetime.



To: Travis_Bickle who wrote (201641)5/11/2009 9:45:51 AM
From: patron_anejo_por_favorRead Replies (2) | Respond to of 306849
 
COF with a nice fat secondary. Never would have guessed it from the price action on Friday, I'm sure they kept it a deep dark secret from the underwriter<BFG>

And the stocks down 3 and change....<BiggerFG>



To: Travis_Bickle who wrote (201641)5/11/2009 10:27:49 AM
From: Think4YourselfRead Replies (2) | Respond to of 306849
 
I sold my SKF this morning at a loss. I do not like how the stock is acting. It looks like it's being controlled.

Think I'll avoid financials for now since they have the game rigged in their favor. Sticking with my SRS short. Real estate isn't rigged. The losses will continue to pour in, get dumped onto the banks, and then onto the taxpayers.