
It'll be a total annihilation - you cry also no tears. All are going to be nationalised soon.
cheongwee ( Date: 08-Mar-2009 01:12) Posted:
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I know to call buy on these are nut, but if...if ever those who survive the crises...our reward of owning them is multi fold...
Supposing i buy 10 counters with same amount of $...and 5 survive and 5 go under...those who survive give 3 to 4 times return...i still manage to profit handsomely....do u see what i see..
I am betting on 60 to 70% of them surviving the crises..
.......my close friend dont agree..what abt you ..say something...to share..
thank so far for your respond..
I am not suggesting u to take risk..pls DYODD..
GM is unlike to survive. Citi may go to nearly zero but it won't bankrupt! Let's see together.
Ok, so i put 10% more on citi....to me ,JPMorgan Chase is most worrisome of all...it is America's largest bank with a market value that is greater than Wells Fargw ,BOA and Citigroup combine..
good luck to all.
agree with AK, citi better than gm n aig.
I beg on GM to survive...they will do anything by crook or by hook...cause Obama will not allow GM to fail...he said it..
This is risky, but high risk high gain...let say they gone under...cannot be all..right???, but some...so my losses is part of the 10% of investible sum...unless you can take the lose...
I means you spread out the 10% amongst them,and not one individual counter..diversified..at least we lose a little, but for those which survive the profit will definitely more then cover your loses,
Of course , you lose all, if all of them go bankrupt together....cant they???DYODD
AK_Francis ( Date: 06-Mar-2009 21:03) Posted:
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Idea good. Hmm Citi best pick loh. GM now in great trouble liao. $ given not enough.
cheongwee ( Date: 06-Mar-2009 20:47) Posted:
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I think since AIG, Citi, GM and the like just wont go away with the full backing of the govt...
Then in future when economy turn the corner, i wont be surprise they will give handsome profit to the tune of at least multiple return..
I suggest putting some $ here for long term...this is amount to gambling...pls DYODD.
But so long they wont go bankrupt, which is unlikely with govt backing...i do see a future for them when crises is over...
I means just a little $ like say 10% of $ to bet against them to survive...DYODD