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Originally posted by wonderworld
reply to post by Albertarocks
You must be going short. I'd short Volkswagen but I'm not in to short selling.
Originally posted by RolandBrichter
Originally posted by wonderworld
reply to post by Albertarocks
You must be going short. I'd short Volkswagen but I'm not in to short selling.
The PTB is trying like hell to curb shorts....this last runup was designed and manipulated as a major short squeeze....almost got my arse handed to me...
May 18 (Bloomberg) -- Asian stocks fell as Panasonic Corp. and Mizuho Financial Group Inc. reported losses and oil prices slumped.
SINGAPORE (Bloomberg) -- Asian stocks fell this week as investors sold shares trading at their most expensive valuations in five years on concerns that the economy and corporate profits will take longer than expected to recover. Hitachi Ltd., Japan’s third largest chipmaker, tumbled 17 percent after forecasting a loss. Rio Tinto Group, the world’s third-largest mining company, slumped 14 percent after London’s Telegraph newspaper reported the company may sell shares. China Construction Bank Ltd., the world’s No. 2 lender by market value, dropped 8.8 percent as Bank of America Corp. sold a stake.
Originally posted by BigGreenPie.com
I truly feel the economy has already bottomed out and will be rebounding this year. While a 2.5% dip isn't good, it isn't unheard of, and certainly isn't a sure sign of another impending crash.
We've come a long way down, and while we have a long way to go to get back to happy days again, we've all realized that even when the sky is falling, it's still up there, despite the doom and gloom!
Originally posted by stander
It takes a bit of patriotism and confidence in the way business is done in America. Forget the GM bankruptcy conspiracy.
Anyone else wants to join and buy GM stock today?