how are you experiencing the wall street show? - Page 2 - Tilted Forum Project Discussion Community

Paq · 09-26-2008, 04:41 PM

i wish it did, but here we are with the same shit, a company has bad assets, etc, they simply put the numbers on a fake company elsewhere. only eventually do the numbers get back to the real company when the losses surpass their ability to pay. BSC was the fastest i've ever seen them traced back. one day "we're fine' then bam, margin calls come in and "we're suddenly faced with a liquidity issue" then bam, bought out. $100 to 2.00 to 10 in a matter of a month or so

Tully Mars · 09-26-2008, 04:46 PM

Quote:

Originally Posted by ASU2003

Along that line, how many employees in the company do you think sold out of their 401k, company stock purchase plan, etc... There needs to be a bigger investment from long-term investors who it isn't in their best interest to sell. Or stock values shouldn't be determined by what the most recent guy who wants to buy or sell a stock wants....(I know how it could be done, but I'll use it in my platform for my run for congress in a few years)

I'm not so sure the employees had the option to sell out of the company's stock.

Paq · 09-26-2008, 04:55 PM

a lot of times, there are several restrictions and penalties for selling out of stock like that, but it's a case by case thing. Either way, i'm 90% sure most people just thought, "Eh, it's a cycle, the stock will come back up, the company has been in business for 70+ years, i'm sure they know what they are doing" or "eh, they are the largest, they will be fine"

I'm looking at wachovia....

jorgelito · 09-27-2008, 02:52 AM

Quote:

Originally Posted by Tully Mars

I guess it was the

comment that threw me.

Fair enough.
-----Added 27/9/2008 at 06 : 52 : 46-----

Quote:

Originally Posted by Baraka_Guru

Yeah, a better one is that of a herd running in a panic off of a cliff, where the lucky ones have their fall broken by the unlucky ones who fell first. Those who survive can pull themselves out of the bloody carnage to run off and try to increase their number once again.

The cliff is the "down"; the climb back up to green pastures is the "up." The herd tend to stick together. Only a few are smart enough to know when to break free and do their own thing.

Hmm...interesting.

ring · 10-03-2008, 01:27 PM

I miss Host's input.
I realize this does not add to furthering the discussion.
I would apologize for having nothing further to add,
but that would be a lie.

Paq · 10-03-2008, 03:23 PM

good lord, the new bailout bill: Pork pork pork..and mccain and the republicans supported it...wow... the first was a lot leaner but nooooo, gotta blame pelosi's 'speech' bc obviously..country first..

wtf

and where are host and ustwo

09-26-2008, 04:41 PM	#41 (permalink)
Paq Junkie Location: South Carolina	i wish it did, but here we are with the same shit, a company has bad assets, etc, they simply put the numbers on a fake company elsewhere. only eventually do the numbers get back to the real company when the losses surpass their ability to pay. BSC was the fastest i've ever seen them traced back. one day "we're fine' then bam, margin calls come in and "we're suddenly faced with a liquidity issue" then bam, bought out. $100 to 2.00 to 10 in a matter of a month or so __________________ Live. Chris

09-26-2008, 04:55 PM	#43 (permalink)
Paq Junkie Location: South Carolina	a lot of times, there are several restrictions and penalties for selling out of stock like that, but it's a case by case thing. Either way, i'm 90% sure most people just thought, "Eh, it's a cycle, the stock will come back up, the company has been in business for 70+ years, i'm sure they know what they are doing" or "eh, they are the largest, they will be fine" I'm looking at wachovia.... __________________ Live. Chris

10-03-2008, 03:23 PM	#46 (permalink)
Paq Junkie Location: South Carolina	good lord, the new bailout bill: Pork pork pork..and mccain and the republicans supported it...wow... the first was a lot leaner but nooooo, gotta blame pelosi's 'speech' bc obviously..country first.. wtf and where are host and ustwo __________________ Live. Chris

10-03-2008, 01:27 PM	#45 (permalink)
ring ░ Location: ❤	I miss Host's input. I realize this does not add to furthering the discussion. I would apologize for having nothing further to add, but that would be a lie.