scam ''BSC''
bob wald
around $4.thinking they were beating the system.only to be cheated
twice.Now its going up.
I think pro traders/insiders knew there was noway buying bsc at $2 was
going to happen.
my views.
Buffet...@gmail.com
It never sold at $2. I tried to cover my shorts and the lowest price
was
2.88
I bought some extra because i suspected a short squeeze, but this is
just plain nuts. Made large on the short position but did not expect
to
make it both ways, lol.
These huge over reactions to stocks and indexes on short covering
rallies are what happens in bear markets, too depressed one day and
despondent the next. Everyone is a fast money trader, because no
one wants to be an investor.
Jerry
Jerry
"bob wald" <bob36...@webtv.net> wrote in message
news:22825-47...@storefull-3177.bay.webtv.net...
bob wald
selling thinking to buy back at $2..only to see bsc going up now.
lost double.
i think theres dozens of banks that would out bid $2 ashare for bsc..
not to even concider banks worldwide.
i didnt say it traded at $2 but it was suppose to.
Buffet...@gmail.com
(yeah,
i am one now too, lol) can vote agin this super deal. Now, the billion
dollar question is, did they snap up enough shares to rig the voting
too ???
I keep hearing investors want it to go bankrupt as that is better
value.
What is gonna happen to this miracle rally when bsc goes the bankr
route? And i keep hearing the same rumors about LEH having a run
on the bank.
bob wald
never be a vote.if the big guys say go ahead.....
buffett, this is a grown up board..go play elsewhere.....
Buffet...@gmail.com
Who invested in GCOG?
1/3 of bear shares held by now former employees, that is who got
screwed.
bob wald
to $4 THE FIRST DAY? demanding immediate payment....
buying peoples shares before they had a chance to recover alil.......
Blash
> who here thinks the brokers made alot calling in margins after bsc fell
> to $4 THE FIRST DAY? demanding immediate payment....
> buying peoples shares before they had a chance to recover alil.......
>
How does a broker make money on margin calls???
What do you mean when you say "buying peoples shares before they had a
chance to recover alil"??? Brokers SELL the stock if margin calls are not
met........
Buffet...@gmail.com
> What do you mean when you say "buying peoples shares before they had a
> chance to recover alil"??? Brokers SELL the stock if margin calls are not
> met........
What a great country this is, when a guy with no knowledge of credit
or margin, with no concept of finance or procedure can be one of the
largest shareholders of GCOG.
After a margin call, the borker sells at market, they earn the commish
and market forces dictate the rest. BSC NEVER traded at $2, closest
it came was $2.88 and that was only for a fifteen minute period.
Todays market has the following fundamentals which cause this stuff,
too many shorts chasing too few ops & covering way quick before
they get their own margin calls.
IMHO there is no or little $$$ left on the short side of anything, you
need
to study, watch and play the eventual short squeeze, just like the
mar-
ket overall.
bob wald
''the broker maybe'' can buy your stocks 20c on the dollar.
wise up pal....margin is the biggest rip off i ever fell for...i've
lost more money by me answering margin calls late.some cases under 12
hrs late.
than you'll ever make in 1 yr of trading....
my views.
bob wald
like most of you.......
bob wald
50%, 70% or 20% of your stocks value...
Buffet...@gmail.com
> at market....lol. that means what ever they sell at.
> 50%, 70% or 20% of your stocks value...
Mark to market means sell at market.
As BSC learned, margin can be deadly, as short sellers learned
yesterday. Borkers bork.
How many millions are you worth bobbi ?? <J/K>
Blash
> buffett, uunn when a broker sells your stock on a margin call. some1
> ''the broker maybe'' can buy your stocks 20c on the dollar.
> wise up pal....margin is the biggest rip off i ever fell for...
Let's say you get a margin call on GOOG($440/sh)......you say your broker
can buy it at $88??? (20c on the dollar)
I'd suggest you shop around for a new broker....SOON!!!!