The new business model in America is to file bankruptcy and see your stock rise over 500%, homeless man lottery style!
This isn’t a bubble, but a renaissance.
UPDATE: iBankCoin just filed for bankruptcy protection and has attracted dozens of buyout offers, as a result.
If you enjoy the content at iBankCoin, please follow us on Twitter
Looks like PMI (PPMIQ) is having a little fun too.
and AONEQ
Pardon me, sirs, but where might I partake in some of that fine crack?
The US owes $17Trillion! How much more profitable can it get?
The digitized Bernanke bux can go with a single keystroke.
My brokerage’s website is down and I can’t get through to them using a phoneline due to unusually high call activity! Really?
That means stocks are about to swan dive.
YOU’RE LOCKED IN PAL.
#discountbrokers
If you don’t mind being called a square by the cool PPTr’s then get Fidelity. They have four modes of trading, if one goes down no big deal.
What is happening with Fanny & Freddy? I don’t get it.
~~IT’S ALL ABOUT RISK~~
NEW YORK (TheStreet) — The more than 200% rise in common shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) in the past four trading days is “just insane,” according to a hedge fund investor who bought the preferred shares of both companies just a few months after they were taken over by the government, and has hung on ever since……………. http://tinyurl.com/cmba7av
=================================
http://tinyurl.com/cbtsggn
…..”The likelihood of the government’s preferred shares in Fannie and Freddie being converted to common shares is next to nil. However, if it were to happen, the market value of the junior preferred shares would likely jump immediately to par value, according to the investor we interviewed
“The reality is, from a trading perspective today, the preferreds are trading massively cheaper than the common equity. You should be selling the common and buying the preferred,” he said….
In other words….how much risk you are willing to take. RISK/REWARD