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  1. K

    7 year old steals car to avoid church

    And he drives better than many adults I have seen on the street. Not only that he outruns the cop. http://www.youtube.com/watch?v=8CY9O7p9qsU
  2. K

    how much can 1 us dollar buy in china?

    heh no way in hell is the Yuan pegged to the dollar. If that was the case you would not have all these Chinese imports.
  3. K

    SEC rule on 'naked' short-selling now permanent

    What a bullshit rule. Like it is supposed to fix the economy.
  4. K

    Cramer says BUY BUY BUY on SBUX!!

    http://www.cnbc.com/id/32128055 This is why no one should listen to this guy. how come he did not say buy buy buy when it was trading around 8 or less. Now when it has peaked at the highest price in 11 months he is telling people to buy.
  5. K

    High Speed Trading Unfair To Retail Traders

    I dont get it. You buy a stock when its cheap and sell it later when its expensive Short stocks that are overpriced and cover. Sell volatility when the waters are choppy. How does any of this effect me.
  6. K

    Broken guitar wipes 10% off United and more to come

    It is the little things that companies do that end up impacting the bottom line. You have to wonder why a company would lose a customer that buys 20K in product over something small. Beancounters fail.
  7. K

    •CIT Hit With Interest Rate More Than 25 Times Libor

    I think TARP was mainly for Goldman Sachs. Paulson holds half a billion in GS equity and he did back in 2006 as treasury. Why did you think he looked pale and paper white when begging congress and the public for TARP. If TARP did not happen he would have been wiped out. I would do the...
  8. K

    Best to sell an ATM, ITM or OTM covered call?

    Biggest concern if we reach an uncontrolled tail stall and end up upside down. If that happens the S&P will reach 0
  9. K

    Cit Halted

    CIT will not survive.
  10. K

    How private clinics/doctors will replace the income lost to healthcare plan?

    I blame the republicans for putting up someone like Bush Jr up as president and then putting up someone like McCain/Palin ticket up. I do not like this big government crap but Our mistake and until the GOP decides to fix the problem we will be stuck with this shit. (those with the voting...
  11. K

    GS taking a large short position on the S&P

    Looks like the GS short position is paying off today.
  12. K

    Why not devalue the US currency?

    Inflate our way out of debt by massive quantitive easing? This will also counter the artifically low yuan and help exports as well. This will also discourage excessive importing.
  13. K

    GS taking a large short position on the S&P

    A little bird on the otherside of the pond says the folks there are busy building up a large short position against the S&P.
  14. K

    General Electric earnings call and nationalization

    They might not get nationalised but what Obama will do to GE might cause shareholders to get wiped out. If they force GE to split up, The standalone Financial entity on its own could not survive and would end up getting hit with collateral calls which ironically would cause it to collapse...
  15. K

    Casino play of the week. Come and get it. part II

    Actually who ever bought them at 2 cents and sold them yesterday for 17 cents made some nice returns. I don't think you understand the spirit of this back room wager. It was fun while it lasted.
  16. K

    Casino play of the week. Come and get it. part II

    And she falls at the last second for a disastrous loss. Total wipeout! They said NO DEAL at 15 cents yesterday. Trying to unload this faster than rotted fish. I got filled partial at 2 cents this morning. Will leave it open, if anyone wants this for 2 pennies come and get it. Maybe...
  17. K

    A notice to Noobs regarding Expiration friday.

    Because it might not end up out of the money. And the automatic exercise threshold is 1 penny. So you either close out your position or provide explicit instructions on what you want. http://www.888options.com/help/faq/exercise.jsp?prt=nyse#1 EXERCISE BY EXCEPTION "Exercise by...
  18. K

    A notice to Noobs regarding Expiration friday.

    Last month we had a pretty funny event happen. It was a salvageable situation but lessons learned for the individual. When you get a call saying "Hey I need you to help me get out of this" You know something bad happened.
  19. K

    A notice to Noobs regarding Expiration friday.

    IF you are long call options, even if they are out of the money on friday. Make sure you call your broker and instruct them not to exercise IF YOU DO NOT WANT any EQUITY delivered to your account. There is no fee for such a service and even if a option is out of the money there is always a...
  20. K

    How many people here actually make a living?

    I live in a Section 8 housing and trade with free money thanks to Obama. You guys are the suckers. I get paid to watch Jerry Springer, My housing is free and I get free gambling money thanks to Obama.
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