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Bank of America BOA
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maxcty
Master |
21-Feb-2009 07:10
Yells: "always a learning day for me in trading" |
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haha..I still holding my BOA and my citi...think I will be having a very bad weekend....haiz....
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idesa168
Elite |
21-Feb-2009 02:32
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I can't imagine what kind of weekend I will be having if I did not cut lost and still hanging on to my holding of BOA bought @$4.57 and now just $2.80.... | ||
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idesa168
Elite |
21-Feb-2009 02:22
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Knowing US too well after seeing them for so many years, it will be bad bad news. If good news, they will announce in the morning before mkt opens. | ||
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Andrew
Master |
21-Feb-2009 02:21
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Reuters has said US government tends to make major announcement on Friday evening so that people have time to digest the content and make sound decision. What ? To run or run faster.......these days..... |
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idesa168
Elite |
21-Feb-2009 02:12
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BOA $3.00...sad lah! CitiBank $1.86....also very sad lah! DOW JONES -180pts 7280...equally sad!I think the best strategy now is cut lost and preserve capital to fight another day. The mkt will be there always for us as long as we have guts and $$. If no $$ can sit at the sideline and watch oni! |
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maxcty
Master |
21-Feb-2009 01:10
Yells: "always a learning day for me in trading" |
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what price u cut?? u suggest shd I wait till mon? sian man...
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Andrew
Master |
21-Feb-2009 01:10
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What are you thinking when it touch 7 ??? 8 right....8 I will let it go....if 8 has come....9 look better. This is what I would do......when you move from SGX to AMEX.....3 days and the price jump almost 100% is never since before. I loss money there but luckily....again....President Hugo save me when he tried to nationalise his country largest telco. VNT. VNT drop 60% first night, 50% the next and jump 40% on the third day. The stock SUS 1 week later. So which day to buy to make money ???? Luck of the purest form.......
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freeme
Elite |
21-Feb-2009 00:57
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cut all my citi liao. |
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maxcty
Master |
21-Feb-2009 00:51
Yells: "always a learning day for me in trading" |
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so this is going to be very very bad??i not yet cut my loses...sian.... | ||
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Andrew
Master |
21-Feb-2009 00:29
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I am also very greedy.....I am also very tempted to make a quick buck. I also said many time that US market is too volatile to play but my greed is definitely bigger. Luckily, my W-8EN expired last November. Can still get the night desk officier to turn on my trade and sign off W-8EN later ? I guess I will watch you all play.....pass.... Nationalisation is a process where banks will not go bankrupt but the stockholderssss will....... SGX still got some juice left.......
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rogue_trader
Master |
21-Feb-2009 00:01
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US shares can be bought in any quantity. If want to punt on the nationalisation wont realise, then punt in 100 shares in each Citigrp & Bank of America. Machiam playing 4D or Toto nw. | ||
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idesa168
Elite |
20-Feb-2009 23:36
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Citi is sinking below $2.00. Better hold all horses. BOA $3.40 not moving much. |
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jackjames
Elite |
20-Feb-2009 23:07
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BofA CEO subpoenaed, sees no nationalization: WSJ Fri Feb 20, 2009 8:31am EST NEW YORK (Reuters) - Bank of America Corp Chairman and Chief Executive Kenneth Lewis was subpoenaed last week by New York Attorney General Andrew Cuomo, who is investigating whether the bank violated state law by withholding information from investors, the Wall Street Journal said late Thursday, citing people familiar with the matter. Investigators took testimony all day Thursday from former Merrill Chief Executive John Thain, the newspaper said, citing the people. Thain was asked about $4 billion in bonuses paid to Merrill employees, and in particular why Bank of America's merger agreement with Merrill contained a nonpublic attachment outlining the maximum Merrill could pay, the newspaper said. Separately, Lewis told Bank of America executives at a senior leadership meeting on Thursday that Washington policy officials have assured him that the possibility of nationalizing the largest U.S. bank by assets is not on the table, the newspaper said, citing a person at the meeting. they just use the old tricks again and again.. don't get fool...... buy ar !!!!! |
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jackjames
Elite |
20-Feb-2009 22:58
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yes, this is purely gambling, no fundamental at all.. if nationalised, game over, we are dead.. if rumours, we win huat and win kau kau.. choice is yours... just gamble la.. 50-50, chances.... it is not the first time they always spread this rumours. |
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idesa168
Elite |
20-Feb-2009 22:57
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My BOA bought at $4.57, cut $3.51. Lost $1 in 2 days...no eye see! | ||
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tfk333
Member |
20-Feb-2009 22:54
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I just closed out my position for citi too at 2.10. Cut loss first. Bought yesterday at 2.7. Sigh. | ||
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maxcty
Master |
20-Feb-2009 22:53
Yells: "always a learning day for me in trading" |
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oh no..DOW keep going down...all cutting lose? |
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jackjames
Elite |
20-Feb-2009 22:52
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okay, set... bought citigroup at $2.09... wish me luck.. | ||
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idesa168
Elite |
20-Feb-2009 22:43
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Can't take the heat so cut! If you believe that it will go higher, then it's a buy day for you. I dun have the heart to see my $$ eroding off by the minutes....blame it on wrong entry, bad choice. | ||
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jackjames
Elite |
20-Feb-2009 22:22
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check this out... http://www.secform4.com/insider-trading/70858.htm you will be ahead of all of them...
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