SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (14323)2/21/2011 4:05:17 PM
From: voodooist  Read Replies (1) | Respond to of 220993
 
But just think of the pain of those who bought the erection near the top, and then continued to hope to get out even, (without stops, of course.) There were innumerable stocks that followed similar trajectories as we all know. JDSU CNXT.
Maybe they will run the "left for dead stocks" before the end of all days. And I haven't noticed runs on the pennies, which often precedes a major decline. But then this time it's different.
GZ, so when did you stop trading individual equities?



To: GROUND ZERO™ who wrote (14323)2/21/2011 11:21:55 PM
From: Wayners  Read Replies (3) | Respond to of 220993
 
GZ, I got a kick out of this:

VanHelsing Says:

February 21st, 2011 at 6:28 am
Silver Default Looms?! About 53,000 silver contracts for 5000 oz. each are nearing the first delivery day on Feb. 28th. At that time, each contract must be fully funded to await delivery in the following 30 days, or sold before then. By the way, 53k x 5k = 265 million oz. The thing is that the four COMEX approved warehouses have only about 100 million oz. of silver in them. So, in essence, a default looms. Clearly, if the longs stand for delivery of 265 million oz., when there are only 100 million oz. in the warehouses, there will be a short squeeze, and the price can go ballistic to the upside

worldtruthorg Reply:

February 21st, 2011 at 7:24 am
Is'nt this fraud on a very large scale?

billp Reply:
February 21st, 2011 at 8:23 am
No it is fraud on a very, very, very, very large scale.