The more assumptions you have to make, the more unlikely an explanation is.
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yes but...omg that ugly ass!
well...year of the rat is coming :)
sooner or later contracts will be announced w/ new state lotteries.
we shall see...
ot, but worth a look as time permits: The 101 Dumbest Moments in Business, 2007
Monday, December 17, 2007
provided by
Ah, what a dumb year it was! And that’s the positive spin on it. Consider the alternative. Like, if selling poisonous toothpaste to children isn’t dumb, what is it? If the constant slide and imminent collapse of air travel isn’t dumb, what then? If all the hyperintellectuals who created the subprime mess aren’t functional dummies, what might they be, huh? No, we’ll take dumb over evil, inept, and greedy any day. In fact, our hats are off to all of these, the absolutely dumbest of the dumb that the gods of fate and humor delivered into our laps—and yours—this past year. Thanks to each and every one of them!
http://finance.yahoo.com/career-work/article/104034/101-Dumbest;_ylt=AotwbvMq7SjhK.LaNKdHcrS7YWsA
i don't think i would let the "hag" title decided the vote.
http://en.wikipedia.org/wiki/Golda_Meir
This is not a pro or con statement for Hillary.
also buying...
tom, fwiw, i think trudy has held up pretty well in the face of micro cap downtrend.
transparent,
proudly admitting to bid wacking, then listing, again and again, what you don't like about the company, again.
all under the umbrella of sympathy for someone who is truly in physical and emotional pain.
i am perfectly capable of screwing up a trade all by myself, don't need rawnocs' help for that!
still have original .5 million shrs.
not! Turkey fires on Iraq-based rebels By C. ONUR ANT, Associated Press Writer
57 minutes ago
The Turkish military said Saturday it attacked 50 to 60 Kurdish rebels inside Iraqi territory, inflicting "significant losses."
It did not say whether Turkish troops had crossed into Iraq for the operation.
The military said on its Web site that the rebels were detected following intelligence work and that military operations in the region would continue if necessary.
The attack came a day after Prime Minister Recep Tayyip Erdogan said the government had authorized the military to launch a cross-border offensive against Kurdish rebels based in northern Iraq at any time.
"There was an intensified operation against the mentioned terrorists using fire support vehicles," the statement said. "The terrorist group suffered significant losses as a result of the operation," it added.
"If necessary, there will be other operations in the region using other means."
The military said the attack occurred "inside Iraqi borders," southeast of the Turkish town of Cukurca in Hakkari province. Hakkari, where rebels are active, is in the southeast corner of Turkey and shares a border with Iran as well as Iraq.
It was not clear from the statement whether the Turks fired from the Turkish or Iraqi side of the border.
Firat, a pro-Kurdish news agency, reported that Turkish army units shelled the Dola Mir and Dola Merge areas in northern Iraq on Saturday. A Firat reporter said the areas are across the border from Cukurca.
"No pinpoint operation or military movement was observed after the shelling that lasted nearly two hours," Firat said, citing Iraqi Kurdish officials.
Turkish forces have periodically shelled suspected rebel positions across the Iraqi border, and have sometimes carried out "hot pursuits" — limited raids on the Iraqi side that sometimes last only a few hours.
Erdogan's announcement Friday followed communication in recent weeks between the military and the government concerning the scope of a possible operation against the Kurdistan Workers' Party, or PKK.
A top general had said the military was awaiting a government directive on how to proceed against the group, which has been fighting the Turkish state since 1984.
Parliament voted Oct. 17 in favor of authorizing the government to order a cross-border operation against the PKK, which seeks autonomy for the Kurdish minority in southeastern Turkey.
Turkey massed tens of thousands of Turkish troops along the border with Iraq amid a series of attacks by Kurdish insurgents. But some military officials have said Turkey is more likely to stage airstrikes and raids by special forces instead of a large-scale occupation of Iraqi territory that could carry greater military and political risks.
The United States and Iraq have urged Turkey to avoid a major operation against PKK bases in northern Iraq, fearing such an operation would destabilize what has been the calmest region in the country. In a Nov. 5 meeting with Erdogan, President Bush promised to share intelligence with the Turkish government on the PKK.
The Turkish military did not say whether it conducted Saturday's operation with American help.
now that's a plan! i'm starting right now!
like i said, in the long run anywhere in here is good. i grow tired of the traders playing w/ my money. it's a personal thing and i'm sure you know much more about it than i do. :)
it's ok, i already know you are hard of hearing. i'm done.
imo, in the long run it won't matter. in this market, i'm just not willing to tie up anymore funds for the traders to play with. just my opinion.
you get slammed for a month w/o any remorse, your right for a few hours and you gloat, ah, goat, ah, gloat never mind...
stopped out today, will watch for under $4.
seems like a no brainer to me.
PRICE TARGET CHANGES: FRIEDMAN, BILLINGS & RAMSEYLast update: 11/30/2007 9:27:29 AMFriedman, Billing & Ramsey issued the following share price target changes on Thursday:
Company Name Symbol New Trg Old Trg Current Time Span
INCREASE:
ComScore SCOR $39.00 $28.00 $34.70 12 Months
VeraSub Energy Corp VSE $17.00 $12.00 $10.97 12 Months
DECREASE:
Amylin Phramaceuticals AMLN $58.00 $62.00 $37.15 12 Months
E*TRADE Financial Corp ETFC $12.00 $6.50 $4.82 12 Months
PRICE TARGET CHANGES: FRIEDMAN, BILLINGS & RAMSEYLast update: 11/30/2007 9:27:29 AMFriedman, Billing & Ramsey issued the following share price target changes on Thursday:
Company Name Symbol New Trg Old Trg Current Time Span
INCREASE:
ComScore SCOR $39.00 $28.00 $34.70 12 Months
VeraSub Energy Corp VSE $17.00 $12.00 $10.97 12 Months
DECREASE:
Amylin Phramaceuticals AMLN $58.00 $62.00 $37.15 12 Months
E*TRADE Financial Corp ETFC $12.00 $6.50 $4.82 12 Months
NEW YORK (Dow Jones)--Hedge fund Citadel Investment Group's agreement to buy a troubled debt portfolio from E*Trade Financial Corp. (ETFC) shows there is a market - however small and cheap - for even toxic securities. The paradox is, that could be bad news for banks still holding similar securities on their books. Banks like Citigroup Inc. (C) and Merrill Lynch & Co. (MER) continue to hold piles of securities tied to subprime mortgages and are having to effectively guess at their values, because the market for such securities has all but dried up. To compensate, they've relied on market indexes and their own formulas. That "mark to model" approach produced some $36 billion in losses for banks in the third quarter, according to analysts at Deutsche Bank. The E*Trade deal, however, could show that losses have been worse. The discount broker sold Citadel its $3 billion portfolio of asset backed securities, including collateralized debt obligations, at a cut-rate price of around 27 cents on the dollar. Banks will have to take that observable price into account as they value their own CDO portfolios. Christopher Whalen, managing director at Institutional Risk Analytics, said that could mean steeper-than-expected write-downs - especially at institutions whose fiscal years end on Friday, as they will have little additional data to turn to as they value their holdings "You can't ignore it," Whalen said. "It's a real price." Bank executives have said that if CDOs get bought or sold, that will play a role in the values they place on their positions. "There are no observable trades today against this book that would establish a value," Citigroup Chief Financial Officer Gary Crittenden said on a Nov. 5 conference call. "There may very well be trades that will happen during the course of the quarter that will provide more insight into how they can be marked." Of course, banks won't necessarily have to take haircuts that are as severe as E*Trade's. Different CDOs feature different types of securities and different risk profiles and structures. The assets that E*Trade is selling include CDOs and securities backed by second-lien mortgages that garnered ratings below AA, according to E*Trade's quarterly report. That means they have to absorb losses earlier than the AAA-rated instruments that many banks are holding. Plus, E*Trade was in desperate straits. With customers pulling out deposits, a Citigroup analyst warning of possible bankruptcy and its stock price plunging, E*Trade was in a weak position for negotiating. "Because of E*Trade, there's a precedent in the market for people having to mark to market their exposure," said Edward J. Grebeck, chief executive of financial advsiory firm Tempus Advisors, which specializes in debt markets. "But internally, there are going to be people who are fighting it. And the way they're going to do it is by saying, 'Our portfolio is different.'" Many banks already have endured sharp cuts in the value of their CDOs. Barclays PLC (BCS) recently determined that its CDOs backed by residential mortgages were essentially worthless. Citigroup, with about $55 billion in exposure to CDOs and subprime mortgages in its investment bank, has warned of up to $11 billion in fourth-quarter write-downs - a discount of roughly 20%. Aggregated haircuts could obscure some steeper hits to individual, lower-quality assets. As such, some banks may already have taken hits that fully account for the diminished value of their CDO exposure - even given the level of the E*Trade transaction. "I would imagine that their discounting was probably in line," said Gregg Berman, co-head of risk-management at RiskMetrics Group. If that's not the case, though, "folks that are holding similar types of instruments would have some reason to mark their books" to levels akin to what E*Trade received, he said. Banks like Citigroup and Merrill Lynch, which report earnings on a calendar year, are likely to have additional transactions to consider as they value their portfolios.
**********
Citadel is one of a number of "smart money" investors prowling for loans tied to risky residential mortgages. Hedge fund Fortress Investment Group (FIG) and private equity firm Blackstone Group LP (BX) said earlier this month that bargain hunting for these assets is starting to get under way. "We're shifting focus to create some vehicles to go long subprime rather than short subprime," said Blackstone President Hamilton James on a Nov. 12 conference call. Executives at BlackRock, which is participating in the E*Trade cash infusion, also have said they're likely to join the hunt for downtrodden mortgage loans. "Now that you're starting to see transactions like this, and there's going to be even more, after a while you've got to take notice in general of what the prices are," Whalen said.
******
-By David Enrich, Dow Jones Newswires; 201-938-2123; david.enrich@dowjones.com -By Kaja Whitehouse, Dow Jones Newswires; 201-938-2243; kaja.whitehouse@dowjones.com (END) Dow Jones NewswiresNovember 30, 2007 07:34 ET (12:34 GMT)
p/e of 5? give me a break...bought some.
70,000 shr buy @ ask, not mine. still, i like it.
order in...
and here comes the bid...
my crew is getting hh hooks for christmas!
my TD watchlist looks like a ghost town.
you forgot to mention the tooth paste.
ot: May your nap after turkey bring you sweet dreams!
thank-you.
well said! i'm giving them another qt. w/ my shares.
it's only the first day.
cool...
...and this has what to do with trudy?
hummm, thanks.
well said! lol