Search results

As somebody who has "read all financial books", you should know this. For us mere morals, the truth is that without access to board members and/or insider information there is no way to know the state of a bank's equity (not even to speak of if they can still be profitbale in the future).

None. You wait for bottoms.

That's how a deflationary spiral starts.

Forex is more manipulated than stocks? I doubt that.

I imagine though that similar rules apply as with normal bank wires and that the person, wiring the payment would not be able to easily take it back once the transaction is complete.

No, no. He's in it for the long haul. :D

The market correctly prices stocks? So the market correctly priced the NASDAQ in 1998-2000?

Same thing happening in Germany (they even have a reality show about this). And guess where they are going: to the U.S.A!!!

U.S. is the capital of soul selling.

Not the first country to get pissed off at the U.S. for bullying.

I have some payments coming in that are in a foreign currency. I don't want to convert them to USD and I don't have a foreign bank account. Would it be possible for me to have the person sending the wire, put the funds into my IB account? Thanks.

Market cheerleaders (like you) invariably use "pro forma" or "operating earnings," which exclude some expenses and are deceptively optimistic. They are useless and should be ignored (like you). We are at 28 and don't say otherwise.

Current P/E is 28

Yes, they are trading at millions. But this has to be seen relative to their stock price. Millions at $30/share will result in a different fill than at $0.40/share. Liquidity has dropped, it just does seem like it.

Craps would be more profitable. Consider this, those moves are occurring under a very low liquidity environment and this makes timing very tricky. Also you are incurring a tremendous amount of liquidity risk if you hold overnight. You never know when one of those stocks goes dead flat...

what exactly are you trading?

Probably better off trading it.

As a true value investor you shouldn't be caring where the market is going, right?

I understood it just fine. Some of us need things spelled out I guess.

I know what you mean... same here.