The TLFs INSIDER TRADER!

[SamplerDoc]

(azza33 @ Jun. 05 2010,10:56)

Well 50/50 chance you will be correct on that last call.

For the Aussies, check out KYC - nil debt 26mil cash in the bank, equating to 35cps asset backing & a business that's trading well.

I'll give it six months to see if it performs before dumping it.

Monday could be a good day to pick it up cheaply.

I suspect its discounted due to its history  

Buy Crap and thats what you will get. 101 says buy quailty that dropped for no other reason than the markets are moody and you will make decent profits.

It aint gambling or 50/50 if you are a smart investor

[azza33]

I love the spin on this one... a darker technology .... pools of dark money...  

There is nothing sinister here...

Gaming the spread, has little to do with the underlying greater trends and for the average punter... has no meaningful effect.

How many on here play the spread? I doubt  there is a single one.  

Oh by the way... trading the spread on a highly illiquid small cap... great way to legally take some your money out of your retirement fund early without raising too many suspicions.  

[azza33]

(SamplerDoc @ Jun. 06 2010,09:31)

(azza33 @ Jun. 05 2010,10:56)

Well 50/50 chance you will be correct on that last call.

For the Aussies, check out KYC - nil debt 26mil cash in the bank, equating to 35cps asset backing & a business that's trading well.

I'll give it six months to see if it performs before dumping it.

Monday could be a good day to pick it up cheaply.

I suspect its discounted due to its history  

Buy Crap and thats what you will get.  101 says buy quailty that dropped for no other reason than the markets are moody and you will make decent profits.

It aint gambling or 50/50 if you are a smart investor

You can diversify non-systematic risk, but not systemic risk

[azza33]

(SamplerDoc @ Jun. 06 2010,09:31) Buy Crap and thats what you will get.  101 says buy quailty that dropped for no other reason than the markets are moody and you will make decent profits.

Just an aside, whilst i am not arguing that i disagree with this principle, it is interesting to note that not one stock in the DOW index was there 100 years ago.
Whilst this is not a time frame that one needs to concern themselves about, it is important when considering the notion of what is crap.
History reminds us that the current top 30 US stocks are unlikely to be there in the distant future.
Landing the dart on the next one is how one gets rich.

[azza33]

Fannie-Freddie Fix at $160 Billion With $1 Trillion Worst Case

The cost of fixing Fannie Mae and Freddie Mac, the mortgage companies that last year bought or guaranteed three-quarters of all U.S. home loans, will be at least $160 billion and could grow to as much as $1 trillion after the biggest bailout in American history.

Fannie and Freddie, now 80 percent owned by U.S. taxpayers, already have drawn $145 billion from an unlimited line of government credit granted to ensure that home buyers can get loans while the private housing-finance industry is moribund. That surpasses the amount spent on rescues of American International Group Inc., General Motors Co. or Citigroup Inc., which have begun repaying their debts.

€œIt is the mother of all bailouts,€ said Edward Pinto, a former chief credit officer at Fannie Mae, who is now a consultant to the mortgage-finance industry.

Fannie, based in Washington, and Freddie in McLean, Virginia, own or guarantee 53 percent of the nation€™s $10.7 trillion in residential mortgages, according to a June 10 Federal Reserve report. Millions of bad loans issued during the housing bubble remain on their books, and delinquencies continue to rise.

As an afterthought... when you have "experts" quoting fix ranges 6x of the smallest value.... you really know they have no idea how bad the problem could get

[Bumpa STIKKA]

Day traders in the UK have about 2 minutes to pick up BP shares for 340p and sell tomorrow...

[azza33]

Oh the ethics

By the way day traders who sell tomorrow - is that an oxymoron?

[PigDogg]

BP cancelled its dividend and agreed to a 20 billion dollar escrow fund but the market seemed to like the certainity of the announcement as the BP ADR is up sharply on the last 20 minutes which portends well for trading on the LSE Thursday.

[PigDogg]

(azza33 @ Jun. 05 2010,18:42) You can diversify non-systematic risk, but not systemic risk  

In the 2008 meltdown, Long US Treasuries did well, but what if the shit ever really hit the fan which I would define as hyperinflation which would be devastating for me personally. In this scenario, I don^t think even gold would hold up well. Probably the best bet here would be real estate.

Great Depression II on the other hand wouldn^t affect me very much.

[StreetDog]

Some easy picks going forward:

Banks
Citi
Bank of America

Regional Banks
Regions Financial
Huntington Bank

International Banks
Deutsche Bank
Barclays

Energy (Nat Gas plays)
Apache
Chesapeake

Internet
Akami
NetApp
Sales Force

[azza33]

(PigDogg @ Jun. 17 2010,02:19)

(azza33 @ Jun. 05 2010,18:42) You can diversify non-systematic risk, but not systemic risk  

In the 2008 meltdown, Long US Treasuries did well, but what if the shit ever really hit the fan which I would define as hyperinflation which would be devastating for me personally.   In this scenario, I don^t  think even gold would hold up well.  Probably the best bet here would be real estate.

Great Depression II on the other hand wouldn^t affect me very much.

lets hope neither two of these scenario play out

[thaibound]

amen to that.
can you imagine trying to pay a barfine with "i've got this nice piece of property just outside of town..."

[Bumpa STIKKA]

(Bumpa STIKKA @ Jun. 15 2010,22:28) Day traders in the UK have about 2 minutes to pick up BP shares for 340p and sell tomorrow...

In and out! I'm not greedy. That's next months rent, thanks very much!  

[azza33]

Nice work Bumpa

[SamplerDoc]

Sold BP short and lets see how that works out