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Questions asked and answered by SCHMINKIE

Posts by SCHMINKIE

Q: dear jim.

how how how does it help so-called main st. if the fed and treasury buy up all
that toxic paper at near maturity prices? it does obfuscate the possibility of
the gov't actually MAKING money on these deals. i'm freaking out. it's just one
horror after another every day. pay what it's worth for gods, sake. gotta calm
down. it's onlu money right?
Asked by schminkie - 13 days ago - 1 answers - 22 views
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A: If it was only that easy. more
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Q: i am now announcing that i am ready to be bailed out. i might add that the cost
of bailing me out would be far short of a trillion dollars. i
think a few million will do the trick. yes that looks about right. taxpayers
please
contact me for my address and remit funds, bank checks or money wire only.
Asked by schminkie - 14 days ago - 2 answers - 29 views
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A: hey , u should sub mit to congress your needs charle wrangle will probly,put it in fer ya!
lol more
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Q: i am now announcing that i am ready to be bailed out. i might add that the cost
of bailing me out would be far short of a trillion dollars. i think a few
million will do the trick. yes that looks about right. taxpayers please contact
me for my address and remit funds, bank checks or money wire only.
Asked by schminkie - 14 days ago - 1 answers - 14 views
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A: i don't need a bailout, i'm just gonna separate my debt from my books and wrap it up in a
package and sell it to one of the financials that aren't on the no shorting list. more
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Q: i just saw that gs and ms will morph into banks! should this cause a revaluation
of their share price? if so what would it be? don't they still carry their
losses on mark downs?
Asked by schminkie - 15 days ago - 4 answers - 75 views
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A: GS does not have bad paper. But short was still piling on due to its high leverage. If GS
is allowed to raised cheap capital ( deposit) and certainly know how to use it, they can
maintain a solid balance sheet.
My concern is about their under-writing, trading and hedging. All these have always
been leveraged (LBO, exotic derivatives, Leveraged loan, etc). We need to observe how
these smart people innovate commercial banking. more
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Q: 'the plan' will not turn the toxic paper at ms and gs to aaa. i assume the gov't
will buy that paper at pennies on the dollar. if so, wouldn't gs and ms still be
stuck with these huge losses on their books? or are they allowing gs and ms to
do reverse repos using this worthless paper as collateral? short sellers or not,
how can ms and gs maintain their share prices and those losses simultaneously?
have i missed the point.
Asked by schminkie - 15 days ago - 2 answers - 44 views
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A: Good answer. more
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Q: i recently came across a relatively newly listed company that is in the truck
services business. with the rise in diesel fuel they lost more than 1/2 their
market cap. in fact it just keeps spiraling downward.

now here's the question. last i checked they have cash equal to 3x - as in
triple - their market cap. this is after a substantial cash burn for the last 2
years. i can't get my mind around this outfit.

how do you play a stock that has enough $$ to buy itself 3 times. i don't get
it.
Asked by schminkie - 15 days ago - 4 answers - 34 views
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A: Agree with the posts below. The market is probably asking the company what the heck they
are going to do with all of that cash. The cash is probably a result of the cash raised by
issuing new equity from just being listed. Personally this is why I always go beyond the
numbers and try to get a handle of the business and management. You can get a pretty good
idea of how the company is being run and what causes it to perform well or what will
detract. You want to know what they will do in the future as the market constantly
discounts what it believes will happen in 6 months to a year, and in many cases much
longer. more
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Q: all things considered, why is gm going up so much lately? unless they've come up
with a car people actually want to buy that i didn't hear about.... i don't get
it.
Asked by schminkie - 15 days ago - 3 answers - 42 views
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A: and they did "unveil" the VOLT on Tuesday, but I don't know why ~ it doesn't
come out till 2 or 3 more years...maybe people deciding to back and believe in them
longterm after the Saving GM special on CNBC??:) more
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Q: so now leh stock has no value? will trading be permanently stopped since it is
worth zero? if it continues trading at 1.00 or 2.00, wouldn't people be buying
and selling shares with zero value for a price, even a small price?

i remember ual trading after bankruptcy and even fannie/freddie trading now
with no value.
Asked by schminkie - 22 days ago - 3 answers - 216 views
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A: its not goin to 0 yet, but its goin to be worth pennies like FNM or FRE until the NYSE
pulls it which should be within a month more
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Q: stock to buy when dollar strengthens against euro and pound
Asked by schminkie - 1 months ago - 5 answers - 124 views
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A: *POL not POLY more
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