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Gold/Mining/Energy : Imperial Metals (IPM.T) -- Ignore unavailable to you. Want to Upgrade?


To: Italian Investor who wrote (946)12/19/2011 4:04:26 AM
From: refugee investor  Read Replies (1) | Respond to of 1366
 
I like BAC too--in fact the reason I am going crazy is that I think it is insanely cheap but I have so much exposure that it would be very risky to buy more. A paradox. On top of that I am afraid that there will be more trouble from Europe or somewhere else in the next year or two that will depress all stock prices and I could get caught short by having to raise cash at the worst possible time if I wanted to sell something else. I don't see how the thing in Europe can work out well, and if things really fall apart our big banks will probably be hit by fear of contagion, and they will also suffer if our economy slows down, which it would if Europe went into a bad recession. On the other hand BAC at around $5!!!

Do you follow that guy from TX, the Hayman capital fellow? He thinks Japan will have to default pretty soon.

I noticed MBIA had recovered a little.