Just like the S&L crisis. you thought they would of learned by now
"Neil Bush paid a $50,000 fine and was banned from banking activities for his role in taking down Silverado, which cost taxpayers $1.3 billion."
Paulson says "But there are a number of reasonable cases where even the existing shareholders will end up having their stock price come back".
http://www.businessweek.com/magazine/content/08_38/b4100000226271.htm
I was thinking that the only real downside is another possible dilution but if the stock goes to $0 then it cant be diluted much further right? or wrong
Therefore the Feds might want to support the pps if its only because they want the option to dilute again?
Any Ideas
its cheaper and even though I already sold I think it has more potential on the upside. Walmart needs a pullback somewhere for me to get into it. But thats just me. I like bottom feeding like a dirty carp in this river I live next to
I want to get into trading however I only have about 10k. Does anyone know of any firms in the Chicago area which might be a good place to start?
I currently trade independently and make some money but I want to make more.
Any advice is appreciated. Thanks
-Eric
Im looking for some imput on a stock. TISI. Down over 12% today and now its running below its 50 day moving average. Looks like it always bounces back. any takers