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The Bear Stearns Companies Inc. |
Short sellers traded 150% of BSC float? You my friend are stupid and
ignorant. Shorts have to buy back at some point. Going long is a much
easier way of market manipulation. The sky is the limit. When people
short sell they can send a share price down. Unless it keeps that
momentum, which it won't if the market is as healthy as you would
suggest, the short seller is in deep shit. Considering today's volume
and your so called "analysis", if you are right then we should find
these people and praise them for being so brave.
The people colluding are the people keeping this dead market up. The
Dow should be a lot lower than current levels. As usual America is
using ignorance as it's primary weapon. The rest of the world knows
the US is headed for a recession. They are staring at your house
watching it burn down while you sit inside saying it is not on fire.
At the end of the day if you are long on financials your opinion is
worthless. Financials are screwed. You are trying to catch 10 falling
knives. You have no credibility.
> This proves nothing new. GO TO ANY BANK IN ANY COUNTRY. IF EVERY
> DEPOSIT HOLDER SHOWS UP ON THE SAME DAY AND WANTS THEIR MONEY BACK, IT
> ISN'T POSSIBLE. This was a disaster.
> I've been with Fidelity Investments for 12 years, and ONLY THEM except
> for a checking account with NCNB which later became Bank of America. I
> consider my duty as an American to not act like an idiot. I don't
> smoke, i won't own stock in tobacco companies. I am gonna take 1/10th
> of my net worth ($40K) and put it in Bear Stearns on Monday.
> Some person yelled fire in a theater, I AM GOING TO STAND ON MY SEAT
> AND SCREAM AT THE TOP OF MY LUNGS: THERE IS NO FIRE, STAY CALM.
> EVERYONE STAY CALM. I guess it's easy for me to say because the first
> $100K is protected right? If it isn't then I cannot say i would be so
> brave. HOWEVER....if the first 100K is protected then i would like to
> see 10,000 or 100,000 people put 40K or 50K or whatever into this
> company.....JP Morgan wouldn't even have time to rifle through their
> books.
> IF ALL AMERICANS DID THIS ON MONDAY MORNING, THE PROBLEM WOULD BE
> SOLVED BY LUNCH!!!! WHAT A MESSAGE, WHAT A SHOW OF UNITY........WHAT
> AN EXAMPLE TO SET TO THE WORLD! Of course all of this big talk is
> based on the idea that the first 100K of deposits are protected.
> I am sickened at how some short-selling conman floated a rumor and
> brought down this company.....GRANTED the rumor worked because of
> their weakened status due to sub-prime mistakes.....
> Comments?