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July 2009



Bashing Goldman Sachs Is Simply a Game for Fools: Michael Lewis

July 28, 2009 – Comments (4) | RELATED TICKERS: GS , BA , SH

The commentary on Goldman Sachs is very enlightening.  Glad to hear another point of view.  [more]



PetroAlgae: $40 per share??

July 22, 2009 – Comments (16) | RELATED TICKERS: SCA , M

Prepare to lose like 1000 points today because as of 1:23pm PALG.OB is trading at $40 per share on no news or anything.  Unless someone can show me what made this company suddenly profitable I am calling shenanigans on this stock.  



Rec this blog...Just kidding: CAPS ERROR: General Motors NOT delisted

July 16, 2009 – Comments (5)

Many of us were very disappointed to find out that our GM picks were delisted while trading on GMGMQ.PK was halted.  As a result our picks were closed at a price of $1.15.  However GM was not delisted, the ticker was changed to MTLQQ.PK (Motors Liquidation) and that ticker is now trading at .38 per share. Therefore many of us would have recieved our bankruptcy charms had this error not occurred. I'm not sure if CAPS is going to fix this or not.  On the bright side, most of us had positive points in this pick. On the other hand most of us will miss out on the satisfaction of seeing that ticker go to zero. Now dont get me wrong, I dont get satisfaction in seeing people lose their jobs and pensions. But I do like to see that capitalism working to remove failing companies with bad management.   [more]



Debt Consolidation Company files for Bankruptcy?

July 14, 2009 – Comments (5) | RELATED TICKERS: IRO.DL , NY.DL

No this isnt an article from the Onion.  This is a true story:   [more]

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