The shippers are on fire. Perhaps it’s a play on exporting stupidity out of Cyprus.
Shares of EXM, EGLE, and DSX are ripping, not to mention my absolute favorite stock in the world, bankruptcy protected OSGIQ.
But now it’s time for a new play, a company that can file for bankruptcy and protect its stock holders at the same time. Instead of hitting bondholders and wiping out equity, I propose we start taking money out of the checking accounts of the employees to settle debts. After all, they’ve been milking companies dry for centuries. It’s about time they start paying their fair share, eating peas–so to say.
It’s the Cyprus way and I think it will work!
I did two things today.
I bought ZAGG, hoping that fraud can cause this stock to go higher. Desperate people do desperate things.
And, most importantly, I bought FRO on the hopes and dreams that they will file for bankruptcy protection soon and siphon funds out from the accounts of their employees. On that news, like Fannie, Freddie, OSG, AMR and Ambac, I expect shares to rise.
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what the hell
what the fuck?
hopefully they will rename the ticker FROIQ
How about FROTH.
I don’t like that stock
Where’s an Enron when you need it?
Cyprus had a good scam going for a long time there, serving the Russian crime market and other scammers and hiders of cash in furtherance of tax avoidance and thievery. Why should this be taken away from them? Don’t they have a patent or copyright on the scheme? Surely there are plenty of worldwide criminals who could use the Cypriot banking system.
Will we fade into the close?
It’s the Onassis connection, sir.
think one simply cannot afford not to invest into the Q`s.