Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
LEE can you please xplain , what are the E's?
YONG kickin ass in after market
WX also has had a nice run...
New big bank restrictions
"Key panel approves broad restrictions on big banks
Related stories
Story Comments Screener
Alert Email Print Share By Ronald D. Orol
WASHINGTON (MarketWatch) - The nation's biggest banks would be hit with a raft of new fees and restrictions under far-reaching 'too-big-to-fail' bank legislation approved by a key congressional committee on Wednesday. After approving dozens of amendments, the legislation lawmakers voted 31-27 on final passage of the entire bill. The huge financial regulatory reform legislation, drafted by the House Financial Services Committee, also imposes a wide variety of new restrictions on the Federal Reserve, including a new powerful measure that would permit an audit of the Fed's balance sheet.The House committee's package is expected to be considered for three days on the House floor starting Dec. 9."
thanks guys...thanks for the posts ...but no matter how you look at it...i do not think that this damage can be reversed....and the thoughts of what ic ould have done to make my kids life better just eats me up...i did not spend a nickel on me...spent some $ on the house....nice gift for my brothers 50th...and the rest went to the pockets of people who know what there doing in this market....
enjoy your posts...the last 1-2 paragraphs sums up my like unfortunately...lost almost everyting.$520k...after making 220k in 3 months ...gave me a false reality that i know what i'm doing...doing everything i can not to put a bullet in my head...still at my day job....wish i never got involved with the market...feel total shame..knowing i could have paid off the morgages and kids education....fuckin loser.....
I AGREE COMPLETLY "BUT" THE FED'S / U.S. GOV'T ..GS WIL NOT LET THE MARKET DOWN DURING XMAS...YOU'LL SEE THINGS GO SOUTH AFTER THE NEW YEAR
HNU.TO on toronto exchange might be a better deal..nice 52 week high to low...suppose to be a warm winter
Chemtura Pens Further Growth at Gulf Stabilizer Industries (GSI), Its Al Jubail Joint Venture Facility in the Middle East
Press Release
Source: Chemtura Corporation
On 4:35 pm EST, Tuesday November 17, 2009
Buzz up! 0 Print.Companies:Chemtura Corporation
MIDDLEBURY, Conn.--(BUSINESS WIRE)--Chemtura Corporation (Pink Sheets: CEMJQ - News) (Chemtura, the Company) will further grow its global antioxidant business with an additional expansion of its capacity at Gulf Stabilizer Industries (GSI), its joint venture facility in Al Jubail, Saudi Arabia.
Related Quotes
Symbol Price Change
CEMJQ.PK 0.69 -0.16
STILL IN BK UNTIL NEXT YEAR
http://www.kccllc.net/documents/0911233/0911233091110000000000012.pdf
just goes to prive your theory about Feds / GS proping up the market till after new year. will probably hit 11,500 on the dow
not too sure about that....I think that the US Gov't...fed reserve ...GS ..are going to keep it propt up til the end of the year
share price doesn't think so
GS Bet on housing crash
http://www.mcclatchydc.com/227/story/77791.html
Jim..appreciate your posts...just curious why you bought when your thinking that a down turn is coming up rather soon
Simple, it's a stock that went from .04 cents to almost $1.50 people get carried away, this is once in a million
at least you have the balls to say when you buy also vs so many on these boards who only write when they sold ...markets gotta tank soon
do you still own this?
Joe: Your a good man, from a major dog lover who recently had to put his beloved "Toby" down and needs a break
as usual, very good Joe !
Ron too late to get into CHBO ?
great call !
Sorry Joe but this mean ? More people intersted in EEM puts so there thinking the market may go down....
Couldn' happen to a better guy
NASDAQ on fire...the powers that be will never let the market go down or correct itself...bunch of crooks all of them
PANIC SELLING GOING ON HERE
what do you think will happen to the common stock coming out of b/r ?
Joe: This guy been saying caution since the start of July...thats when I went out and bought FXP and EDZand currently getting the sh*t kicked out of me, totally blame myself for no stop-loss...keep waiting for a correction thats just won't come...I remember one of your posts about a month ago where you said that "I became exhausted from loosing" I think it wa in 2003 or 2004 and you were short...we'll that feeling is all I feel these days and this afternoon or tomorrow I'm pulling the plug and thats it for my for this stock stuff....basically lost all my money...feel nothing but shame
great call...think I'm too late to get in ?
VVUS is on fire this am
Don't be fooled by this year's patterns though
The market has done quite a job of ignoring its history so far this year.
It experienced a sizable loss of 25% in January and February, during its usually positive winter months, not launching into a sizable rally until March (while still in its historically favorable period).
But that rally continued to roll right through May, defying its historical ‘Sell in May and go away’ history.
It did decline for four straight weeks beginning in June, following its history of “If May doesn’t get you, June will.”
The rally then resumed in July, also not unusual, as there is usually a minor summer rally.
But the summer rally continued through August, the first month of the market’s historically worst three- month period of August, September, and October.
That has a lot of people claiming that since the historical patterns have been off so much so far this year, they will, therefore, be off for the rest of the year.
Don’t be too sure of that.
The historical pattern for the rest of the year is that September tends to be a down month, leading into a correction low in the October/November time-frame, which is then followed by a significant rally from that low to the end of the year.
There are reasons to believe the market is setting up to follow that pattern.
As I noted in last week’s column, we have an unusual overbought condition of the major indexes above their 20-week moving averages that is highly likely to bring a decline back down at least to the moving average, and most often overshooting on the downside.
In addition, investor sentiment is at a high level of bullishness and confidence usually seen at market tops. For instance, the Investors Intelligence Sentiment Index reached 51% bullish, only 19.8% bearish last week, its most extreme levels since the major market top in the fall of 2007. Bespoke Investment Group reported last week that the level of short-selling on the S&P 500 has fallen to its lowest level since January, which was just as that horrific January/February mini-crash began, and that the average short-interest in other major indexes is at the lowest level since the major market top in October, 2007.
The market has also already had an unusual six-month rally, in which the S&P 500 gained 52%. (Since it plunged so much in January and February, it is only up 14% for the year-to-date).
We believe that since June the rally has gotten significantly ahead of reality, factoring in a faster and larger economic recovery than is likely.
Supporting the importance of such conditions, it’s interesting to note they are exactly opposite to conditions at the important early March low, when the major market indexes were extremely oversold beneath their 20-week moving averages, investor sentiment was at an extreme of fear and bearishness, the market was beginning March, historically one of its most positive months, and we were pointing out that the market had gone too far beyond reality in the other direction, by apparently factoring in the total collapse of the financial system and the next Great Depression.
Meanwhile, the market has run out of steam over the last two weeks, managing only a fractional gain last week, and as this is being written mid-afternoon on Friday, although up for the day, looking like this first week of September will be a down week.
The Labor Department’s closely watched employment report for August, released this morning, followed its historical pattern of resulting in a triple-digit, knee jerk reaction by the Dow in one direction or the other.
The report was that the unemployment rate jumped to 9.7% from 9.4% in July, worse than the rise to only 9.5% that economists expected. But there were ‘only’ 216,000 jobs lost in August, 9,000 fewer than the 225,000 that economists had forecast. However, the previous reports of June and July were revised to show 50,000 more jobs were lost in those months than had been reported previously. Something for both bulls and bears.
The market followed its typical triple-digit reaction to the report, with the Dow up 101 points by early afternoon.
However, as I have often noted in this column, the other side of that pattern is that whatever the direction of the market’s initial reaction to the jobs report, it is usually reversed within a day or two, and the market goes back to focusing on whatever were its driving forces before the jobs report.
By the way, next week is also the week before this month’s options expirations week, and the week before tends to be negative.
So we shall see.
God Joe ..do you ever loose? great gains
Nice intellectual post...thanks
I concur with your post. My faher is a surgeon specializing in laparoscopy and cancer patients, he saved hundreds of lives but he is dumb as can be with money
Why is that?
Less then 1/2 million shares...osciq isn't going anywhere
OTC whats your opinion of this?
"OSCIQ - I don't see much hope here. Huge negative shareholder equity relative to the assets. Doesn't look like they have much prospects for earnings. Since the are in BK I would imagine that the bondholders will get everything.
Just a quick look mind you. Keep in mind that once these are on pink sheets the market makers can play all kinds of games trying to take others money. This thing could go up for no reason, but in my opinion the eventual outcome is nothing for the current shareholders."
Cerberus wants out....
NEW YORK – The Wall Street Journal reports that investors in the main hedge funds of New York-based private equity firm Cerberus Capital Management LP want out and are asking for the return of more than $5.5 billion, or about 71 percent of fund assets.
The Journal cited people familiar with the matter.
A Cerberus spokesman declined to comment to The Associated Press.
The newspaper reported on its Web site Friday that Chief Executive Stephen Feinberg and co-founder William Richter wrote to clients Thursday that they were "surprised" by the response to a plan the company announced last month to reconfigure its funds. The shift gives investors a chance to withdraw their investments.
Cerberus lost 24.5 percent on investments in 2008 and is up about 3 percent this year, the Journal reported. By comparison, the Standard & Poor's 500 index tumbled 38.5 percent last year and is up 13.9 percent in 2009.
The new fund would charge lower fees but require investors to keep their money invested longer. The Journal said management had said it expected to maintain more than half the assets in a new fund.
The newspaper reported that Cerberus' hedge funds have about $7.7 billion in assets in portfolios. "
whats everybodys opinion on this...this is from an investor who really knows his stuff ..."OSCIQ - I don't see much hope here. Huge negative shareholder equity relative to the assets. Doesn't look like they have much prospects for earnings. Since the are in BK I would imagine that the bondholders will get everything.
Just a quick look mind you. Keep in mind that once these are on pink sheets the market makers can play all kinds of games trying to take others money. This thing could go up for no reason, but in my opinion the eventual outcome is nothing for the current shareholders"