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you are very ignorant to say that paying 400k pays 12.85%. You don't even understand how an annuity works bozo. I would be paying him 400k for the annuity which pays 50k/year for 20 years. I could take my 400k, invest it and easily earn 6% compounded annually for 20 years and have 1.2...

of course he does. It was just a joke and he knows it. Secondly, asking for 400k for an annuity of 50k/year for 20 years is way too high. Have you ever noticed that all the Powerball winners take the lump sum payment? The reason is simple. That lump sum invested in very conservative...

yea ok aus, You are so full of schitt your eyes are turning brown. Funny how you say my 400k is by far the best offer you got! Yea, cuz you are so full of crap. Let me talk to a friend of a friend that I have never met and see if he wants to talk to your friend of a friend who has this...

ass uming the ticket is for real, I offer you $400k. How is that. I won't be too worried about ever having to fork over that amount, as I would rather bet on the fact that the whole story was b.s. Better yet, if you do show me the ticket, I will have to tell you I just found out, I am...

It is obviously a joke, but nonetheless, still fun to do a 'what if'. Someone obviously was in a class and the professor (probrably finance!) aske their students about this kind of situation. Like I said before, this is just a good exercise in present value of annuities and nothing else...

Here is an idea or 2: Idea 1: Put the ticket up for sale on Ebay and see what you get. Idea 2: Sell raffle tickets for $10 each and anyone can buy as many as they want, but once you collect $400k, all the tickets are sold. This way your friend gets his $400k and someone else gets his own...

We can all see that you'd be better off NOT buying the annuity if you can make 5% or more elsewhere with your 400k. The only question I have is this: How do I put some money on this being a joke and just someone goofing around on ET? Since I can't get a bet on the Colts today, I guess...

and one that offers an exercise in logic. I find it interesting that no one has obviously taken any probability or statistics classes. This is a very basic problem involving assessing a present value of an annuity. Simply calculate the present value of a 50,000/year 20 year annunity...

I hope you held off to the bottom of around 35.12 before you covered the short position. I had bought at 36.95 and had to cut out at 36.30. Looks like it might get over 36.30 though before close. I can never guess which stocks will stay hot for the day and which will go bust!

Anyone trading CCI today? Friday,,Jan. 18th? I had to cut it lose for a stop loss. Debating whether to jump back in and try and recoup some of the loss.

I think we all have some horror stories to tell you about. Here is one of mine, which may shed some light on your likely outcome: I placed 2 market orders before the market opened with 2 different firms: Brown and Company and Scottrade. I wanted to see how each filled my order and what...

Which one do you think is the best choice for a daytrade: ELY CCI AHT MED CRA DLM I am in for 1000 shares of each at: 15.47,36.95,12.51,9.61,14.67,11.44 respectively. I will close out at close of today or if I hit my stop loss.

yea, I guess you are right blast. This stock is really a tough one to call. One one hand, I really love the small float. On the other hand, the stock price has gone from 40 to 140 in a few short months. Then again it may just be because the company is strong and some big shots are...

The reason I ask for thoughts on a particular stock is because often we miss certain things that others see. I wouldn't consider what I was saying back as arguing but questioning their logic. I have found that going against the 'herd' works well with the stock market. I was buying AMR...

had been thinking when they had shorted 80% of the float to date! I guess they ALL were wrong as can be and are getting their heads handed to them now eh? I think the stock could just be rising as the shorts scramble to cover. I wonder who was selling off the last couple days?

AXR dropped $10 today and closed at its low. This to me shows that the shorts are finally beginning to win the battle. If you all think there are better short candidates than this one, I'd love to see em! let me guess...GOOG right?

why would being one of the last people to short a stock at its 'almost' highest point be a bad thing? I had shorted ATW as well a few months ago right before and right after it split the stock. I am happy I did and stuck to my guns! I knew it was overpriced and due to correct. I think...

AXR took off like a rocketship recently but it sure looks like it hit the top and is headed lower...and lower still? The stock is very highly priced and has a massive short interest. What do you think?

the valuation is not based on anything other than the fact that there is so little float and the shorts are getting squeezed as what little stock is out there is gobbled up by longs who are having a field day on this. Total manipulation! This is a fun one to watch, and as one reader said...

I couldn't say it any better than forex did. End of subject. Next....