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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Area51 who wrote (40131)11/18/2010 8:59:15 AM
From: Madharry  Read Replies (1) | Respond to of 78783
 
LOL. that's why a. I own a lot of gold and silver miners. b. voters threw a lot of legislative incumbents out on their behinds. as for Buffet, no dummy he- cut a couple of sweet deals with GE and GS and bought a railroad.

I'm still not sure that we know the extent of the bailout. I know that Bloomberg sued under the freedom of information act after the Fed refused to release the information but I dont know if the case has been resolved yet.

Now we JQP are going to get screwed again as pension plans and 401ks indexers will end up buying lots of overpriced GM as it gets added to the SPY and the sellers will be investment banks and hedgefunds, who are getting the bulk of the allocations. I had as much luck getting GM shares as I had getting my property refinanced.