From: Xixh <xich...@gmail.com>
Date: Fri, 3 Jul 2009 20:30:01 -0700 (PDT)
Local: Fri, Jul 3 2009 11:30 pm
Subject: Re: CNN Money Misrepresents CITI
Look at FAZ and you will get what I mean. From $100 above it came down
and now it is just few dollars worth only. Sure, shorters can keep on shorting but there will be a point when shorting will be risky. Sure everyone can short, but there will be a day when shorting becomes very risky. We don't know when but the fact that more than 1 billion shares shorted and conversion is nowhere in sight and 2ndQ is approaching. So you guess whether there's risk for them. Never be too sure . Sure the situation looks favourable to shorters but I've seen situation where a sudden turning point could change the game. It is just like a battle and you thought you are winning and suddenly BOOM! Something happen and it change the entire game. From winning, shorters became losers. On Jul 4, 11:23 am, Xixh <xich...@gmail.com> wrote:
> The worse is over. In March we faced a possibility of a financial
> meltdown but it is over. > GM is out , banks had been stabilized. So why does anyone fear that C > will fail. Rememer few months back they spread the gloom and doom when > it was so bad at that time. So now what is their bullets? No more > bullets for them. > On Jul 4, 9:02 am, RP <randypa...@sbcglobal.net> wrote:
> > Go to CNN money and check out the latest bank failures
> > So now you should understand the level of deception that the
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