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  1. #11
    Chaoswind is offline Senior Member Long Time Member
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    A little bit more red numbers and we are set to have some fun.

    in just a few seconds people lost millions, god I love how funny the free trade market is.

    We need world wide mayhem.
    DEAD TO THE RETARDS!!!
    DEAD TO THE FANBOYS!!!
    DEAD TO THE WERESHEEP!!!

  2. #12
    zerocold96 is offline Senior Member Well Known
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    Quote Originally Posted by MojoMunkeez View Post
    Well, after the purchase of Merrill Lynch and the subsequent normal dip in stock prices after a takeover, investors should look into buying Bank of America stock right now while it's cheap. Wait till around 2010 or so and sell it for a pretty sizeable profit. Really.
    lol, I'm staying clear of financial stocks specially banks, I almost invest in Citigruoup before it went -30% of its price per share. I don't even know how low it is doing right now ( it was a while back before the mortgage crisis).
    Life is all about how much power you have.

  3. #13
    MojoMunkeez is offline Senior Member Community Builder
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    ^Be smart. Really. Bank of America just became the largest financial firm in the nation, and it now has the ability to offer its customers a wide variety of services. Bank of America will just keeping getting more and more successful after this acquisition.



  4. #14
    Hanul is offline Senior Member Always Around
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    Quote Originally Posted by zerocold96 View Post
    lol, I'm staying clear of financial stocks specially banks, I almost invest in Citigruoup before it went -30% of its price per share. I don't even know how low it is doing right now ( it was a while back before the mortgage crisis).
    It's called shorting, you make money when those stocks go down, as opposed to buying. A pretty decent recovery today though.

    Looking at a pretty decent rally for BAC, which is already showing itself. Long run, this is expected to be good, though there's some short-term risks being voiced by several analysts. Right now, BAC stocks shot up after this because of so many people jumping the gun so early.

    Though the market recovered abit today as well.

    Until one has given everything, one has given nothing.
    óGeorges Guynemer

  5. #15
    MojoMunkeez is offline Senior Member Community Builder
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    I should major in Economics.



  6. #16
    Urameshi-sama is offline Senior Member Community Builder
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    I have a confession to make: I'm embarrassingly illiterate in the conversation you all had above. I get the gist of the article and all, but I don't understand the full meaning of the #'s, like how the indexes and changes imposed on them work (though I get the obvious slump/depression that's coming on). Could any of you refer me any links so I can actually (at least) follow along and make real sense of it?

    /honest mode
    Stolen Sig Count: 26

  7. #17
    Terasiel is offline Senior Member Community Builder
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    I wonder how many people know which city Bank of America's headquarters inhabits.

 

 
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