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I bought some of the May 5 strike calls on FAZ, Friday afternoon thinking that there might be a small pullback in the financials on monday. The calls were so cheap that I did not need to put up much money at all to get a lot of the contracts (actually used my earnings from the craps table to...

Yes... bpcnabe, they probably could. In the past the trouble was in getting sponsored for the series 7 exam, as firms like Merrill Lynch and many of the prominent full service brokers just simply would not sponsor candidates that had criminal convictions, this effectively made it very, very...

I was a principal at an investment advisory firm and we had candidates who got their series 7 license, who had prior cocaine distribution convictions. Lots of people had prior bankruptcies etc. Now of course they had to disclose all of that on their U4. Unless someone has been barred from the...

That was a good ending for a potentially tragic situation, thanks to the US Navy SEALS, but this will not deter most of the Somalian pirates...for long. The smart ones will avoid most US ships and may even halt attacks for a year or so...until the issue of piracy fades from global public...

Landis, yes that is true...but those insurance premiums have been skyrocketing lately. Pretty soon it will be cheaper just to pay ransoms when an incident happens. Or better yet the shipping companies could pay the pirates ahead of an incident...protection money...or a type of toll...ha...

One of the best solutions is to have assault rifles including .50 caliber sniper rifles on any ship of significant size that must travel that area. The pirates in this case had AK-47s but the crew only had waterhoses. Had the crew had 2 Barrett .50 cal rifles (which are semi-automatic and sold...

Okay now... Michigan does have some decent things going for it...jobs is just not one of those things. Detroit has 3 nice casinos including MGM Grand. Right across the river in Windsor Canada there are more nice Casinos for those of us that like to play craps. Guns including machine...

Assent's website is pretty decent... www.assent.com

Now that is just plain mean. :( I moved to Texas back in 1999 then got laid off from Ameritrade in 2001 and eventually ended up moving back to Michigan (after living in Florida for a couple of years). There is currently a mass exodus from this state...especially by those who recently...

BWA (Borg Warner) seems surprisingly strong, but its earnings potential in the near term future seems very much in jeopardy. I am thinking of buying puts on it, but maybe I am missing something...like a reason as to why it keeps going up? Maybe they have alternate sources of revenue...

I am looking at the April 20 strike puts on it. I think they may be worth a couple of points or so.

1flyfisher do you think that WYNN has further downside potential? It seems like the only casino stock that could fall further since its 52 week low was like 14.50. I am actually surprised that it is not trading at like $10 or so...maybe I am overlooking something??

I wonder what are the chances of follow thru... with real legislation, if there are any congressional hearings on changes to mark to market. It seems that there is a lot of talk and speculation concerning govt actions, but the rallies are sold into within a day or so and the govt action turns...

As of right now Nancy Pelosi has put a halt to the drive to ban semi-auto rifles (true assault rifles are capable of selective fire which includes fully automatic and are highly regulated by the National Firearms Act of 1934)...

If some sort of transaction tax is passed, it probably will not be a percentage, especially as large as the one proposed. That would create a huge drain on the budget with the loss of capital gains taxes, as people simply stopped trading. They would even lose a lot of the SEC fees they...

No matter who was elected president, they would have a massive amount of critics and detractors at this point. That being said the man has been in office for less than a month!! The American people voted for him and the policies that he is pushing. The painful truth is that a majority of...

Yes... they are all correct you can hold the short position as it falls below $5, you just cannot create a short position on a stock that is trading below $5. As for the margin interest charge that is on a 360 day basis, not monthly. To get your daily rate just divide by 360. The margin...

Obama reminds me of the person who steps up to the craps table and hasn't a clue whats going on, but rolls the dice and has 12 passes without craping out. Call it luck or fate or destiny. Just stop and think of all the odds he has had to overcome. First being a black candidate, having a very...

I feel really bad for the people living in New York and Chicago who are denied the right to defend themselves with a firearm. Hopefully future Supreme court cases will apply the recent second amendment ruling to the states as well...via the 14th amendment. Its simply ridiculous that...

Wow that is crazy, but happens more than people think. Florida is a state that allows citizens to carry concealed weapons, and incidents like that show why it is important for citizens to be able to defend themselves. The criminals could have easily succeeded in executing everyone in the...