http://www.profitquotes.com/cgi/?a=news&ticker=a&w=&story=20071107332110.html
the news was TERRIBLE .... but less gold, silver and copper in the market is good news for me.
http://www.profitquotes.com/cgi/?a=news&ticker=a&w=&story=200711200711261358PR_NEWS_USPR_____LAM073
bankrupt but they've confirmed they will present at this conference? odd .... or someone's wrong
Check out MEH. buyout prices is $17 (all cash) and the stock is trading in the $15s today. an easy 10% and is supposed to be finalized this quarter. sharehodlers have already approved this one.
http://www.profitquotes.com/cgi/?a=news&ticker=a&w=&story=200710200710301218PR_NEWS_USPR_____AQTU177
All the big names and XLF trading near or at the day's LOW ... the Bear Stearns report was nice, but it's still more writedowns. These guys will be red before I sit down for lunch today!
http://www.profitquotes.com/commodities-quotes.mpl?a=detailed&ticker=gs%2C+mer%2C+bsc%2C+ms%2C+leh%2C+xlf
was confused when i saw the headline "more writedowns from bear stearns" and the price up 8% ... it's come down a bit from the day's high. wouldn't be surprised if the market was negative at the end of the day and financials took the brunt of it. we did have quite a day yesterday and we...
http://www.profitquotes.com/commodities-quotes.mpl?a=detailed&ticker=vod
looks like the djia chart ...
http://www.profitquotes.com/commodities-quotes.mpl?a=detailed&ticker=$DJI
http://www.reuters.com/article/marketsNews/idUKN1360235920071113?rpc=44
here is the conf call news. no MBS in their portfolio ... no CDOs on their balance sheet
Anyone hear the conf call this afternoon? I was out at lunch. Earnings looked terrible this morning and the stock was down a little bit (feel like the rally was keeping it afloat).
http://www.profitquotes.com/cgi/?a=news&ticker=a&w=&story=200711200711130900PR_NEWS_USPR_____NYTU082...
I post links to cite my sources. I hate reading message boards where people don't cite. They write BANK OF AMERICA WRITES DOWN $10 BILLION IN LOAN LOSSES TODAY!!! and then don't post a link to the article or source. These baseless claims drive me nuts because i spend half the afternoon...
another financial etf is BTO ... more banks though.
http://www.profitquotes.com/commodities-quotes.mpl?a=detailed&ticker=bto
the yield is better than stated though, as they have a managed distribution of 2.5% per quarter. the yield is based on the distribution and not the long term gains...
the only problem with the general argument of strong November/December is everyone will be looking to look in tax LOSSES towards the end of the year, so we could see increased selling .... we'll see though