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Tomorrow begins the true decline of the markets.
Dow -155 tomorrow.
From there we will witness an endless void of darkness.
Taxpayers to own 60%?
Right......
Let me know when I get my free shares of the newly restructured GM than, or my dividend.
What the hell is that suppose to mean anyway, I mean seriously.
We paid for it, but we don't really own anything, the government does.
General Growth Properties..... Anyone else buy ackmans bullshit?
Might be A runner this week regardless.
Bill Ackman, Pershing Square Capital Management - ****20 to 35 TGT for Shareholders****
Bill Ackman laid out an in depth case as to why the equity shares of General Growth Properties (GGWPQ) are a good investment despite being in bankruptcy. It all breaks down to the company’s assets are greater than their liabilities. Through several potential workout agreements or a court appointed “cram down” the equity should greatly benefit from the likely scenarios. As far as a business General Growth’s malls have over the country 24,000 tenants. The company has73 “Class A” malls, and high profile names like Faneuil Hall and South Street Seaport do not even garner that high rating. At General Growth 50 of the 200 malls create 50% NOI. Malls historically generate high stable cash flows. General Growth has fixed rates on 83% of debt. This is a business where inflation is an asset. In losing Circuit City the company lost a tenant paying below market rents. The company’s problems result of the CMBS market collapsing. The credit market shutdown prevented them from rolling their debt. They have the second highest occupancy of any mall company. The NOI is actually from the levels where the company’s market capitalization peaked.
Ackman made the analogy between General Growth and the stuations that occurred at Alexanders and Amercao (U‐Haul). These were bankruptcies where assets are greater than liabilities. During bankruptcy a creditor entitled to their claim but no more, and in this case the equity will be left with value. Ackman suggests two potential options‐ either an extension of
current debt 7 years or a debt for equity swap. He notes either scenario would create approximately a per share valueemerging from bankruptcy $20 go to $35. Another option would be if the bankruptcy court forced a “cram down.” In this event Ackman exhibited precedents where the company’s interest rates would be lowered creating a better scenario for the company. Ackman notes the likelihood of forced liquidation by the court is minimized because of the extreme pressure it will place on the commercial real estate market and other REIT’s.
Brutal.
Your penis will fall off tomorrow.
Dude, futures are up +100 right now. WE ARE GOING TO DA MOOOOOON!
lol, whoa! far out brah.
Hang loose!
At camp fema.....
Yea, I'm trying to get my garden going. Bought A huge selection of heirloom seeds.
Bad feeling shit is really about to hit the fan......This time it really does feel close, I dunno why, Gut feeling.
All this happy horse sh!t about ‘green shoots’, and ‘signs of bottoming’ is nothing but propaganda, designed as a distraction away from reality.
Massive unemployment fuels foreclosures and credit defaults, which fuels more financial sector problems. Consumers have less to spend. Consumer credit continues to contract. Businesses have shrunk or closed their doors, and will not be spending and hiring, because the US economy has been moved offshore. The US treasury has been looted by offshore ‘bank’ mafia.
At least during the Great Depression, the US had a growing manufacturing base, and a moral, well-educated population. Now it is the complete reverse. There is no basis to give support to the idea that the US will ever again have a booming economy. IT HAS BEEN MOVED OFFSHORE. That’s what no one seems to get.
The US auto industry is dead; the US steel industry is dead; US manufacturing is dead; residential real-estate is dead; consumer spending is shrinking; the falling commercial real-estate market will soon become too noticeable to ignore any longer. And the banking sector is setting itself up for its next huge decline.
The paradigm has shifted dramatically. But no one wants to acknowledge the elephant in the room. They want their ears tickled, rather than hear the truth.
Folks, when it comes down, it will come down with such a force that even the doom-and-gloomers will be breathless. The world is in the midst of the final stages of the culmination of a command and control, central global banking system takeover. The US is the key. Once the planned destruction of the US economy has been fulfilled, everything else falls into place. There will be little, if any, resistance, and most will comply willingly.
I know. The yuppies think that they are part of the elite, and will not be affected. They just roll their eyes. They just snicker and giggle at it all, while they busy themselves trying to act cool and trying to act tough. So go ahead, kill the messenger and ignore the message. But remember that your failure to be informed does not make me a wacko.
I got gold, silver, guns, ammo, food, blah blah blah.
We'll see what happens, doesn't look good, people just continue to ignore the facts and take CNN's word for it that the economy is fine and the recession will be over really soon.
lol.
The economy is okay though and the recession is ending, so cheer up!
Here, have some kool-aid!
Source?
10 PM tonight?
Uh oh.......
Is what me?
More like Lebron James suicide watch.
He will never win A championship ring.
I've been smoking ganja for twenty years and my tits are just fine. I don't know where the hell people come up with this shit.
Maybe there are A few cases, but who knows, might be because they are just plain fat asses.
Sounds like more propaganda and fuel for the "Drug War" crusaders fire.
Told ya!
I think he is trying to hit on you.
Oh okay so you mean worthless. lol.
WOW!
A whole fifteen cents!
Puffy nipples? WTF?
What Was THAT? (Friday Market Close)
http://market-ticker.org/archives/1072-What-Was-THAT-Friday-Market-Close.html
Wish Ultra Lounge...... LMFAO...............
Try thinkorswim. Pretty decent.
"Piss away"
Hard to say what they are doing with it, paying off their bookies? Outright stealing it from us? Using it to buy hookers and eight-balls.
Fuck....... How deep does the rabbit hole really go my friend?
Yup, pretty obvious and completely hidden from the masses when it comes down to it.
Lies, lies, lies.
That is all they can tell, complete and utter lies. Manipulation at it's finest.
Richard Gage - Nano Thermite in WTC buildings 1, 2 and 7.
I know, that's not what I'm saying zeph. I'm just saying they are so full of it it's not even funny. Which truly does affect trading. Knowing whether they are lying or not helps.
All I get out of that is blah blah blah.
Bunch of straight up liars.
DOW = +300 by end of day. BOOMAGE TIME!
Why don't they just put handcuffs and chains on us, throw us out in the field and make us dig our own graves while they're at it.
We're doomed, seriously.
bummer.
Took you 4 months? lmfao. My god man, Bought all my parts from new egg in one day, had the parts three days later. Put it together in 3 hours...... Booted up first time no problems.
Dell should just die, everyone just builds their own computer these days, it's freakin' easy.
Fox news can suck A dick.
Yea, He got off the insane bus in crazy town A few days ago. Apparently he now lives on daydream lane and works for the lollipop king at candyland industries.
Seriously though, he knows whats up.
Yea, Dow 8,700 tomorrow. Bad idea buying FAZ right now. Just my opinion.
And we all know, if housing data is bad we go up and if it's good we go down. I know we keep laughing about that, but that is how this new market is played, it's fucking stupid and doesn't make any sense. Kinda like jeff macke.