Enjoy.
Ciao
If you enjoy the content at iBankCoin, please follow us on Twitter
© Copyright 2007-2024 iBankCoin All rights reserved under penalty of bodily harm. DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER iBankCoin, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Privacy Policy
baboom
the fact of the matter is that if there was a ppt, we could avoid the coming mess. if there was a clandestine gov’t agency to prevent crashes… it’d have been worth 4% gpd in 2008/9, 2% last summer, and 2% at least right now.
its not the news that defines the direction of the markets, its the markets that define the direction of the news. if netflix was hovering at 305, hastings would be hailed as “making a smart move to seize the tremendous brand value and market penetration of netflix to raise revenues, allowing them to improve the service”
as it is, he’s being called to the carpet, people stating that he will be a note in business school classrooms about hwat not to do.
the direction of the market defines the news, the markets more than literally have the ability to define the economy. what caused a seizing of the credit markets in 2008? fundamentals, or tanking bank stock prices? if lehman’s stock had stayed, mystically, at even 20 bucks, would we have had the great recession?
was lehman broke, or were they slaughtered?
folks, we have an industry (banking) where the price of their common stock LITERALLY affects their ability to do business. LOLZ. think about that. a bank’s stock price tanks enough, what happens? they have to raise capital.
LOLZ.
what is a bank but its stock price? they own assets. so what the market values its assets at is what a bank is worth. right?
banks dont really own anything but the perception of leveraged bets.
the stock price is the bank. imo