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Look what the FED has done to the dollar so far in the last two
years, and they are not even close to being finished with it.
http://finance.yahoo.com/currency/convert?from=EUR&to=USD&amt=100&t=2y
click on 2y to get a good idea.
this BSC deal is just part of their plan ...
read my earlier post on the matter
#24 to get a better idea of what is going on, in my opinion.
The Bear is Dead ... It is good to see a POS co.
like BSC fall, in my opinion they did more damage to this
country with their sub-prime F*** deals than we will ever
know. But they died by their own hand in the end.
And I for one am glad.
I also agree with the post as the the insider JP/Fed bank deal
being way past the limits, using Government backing to bail
the shit package loans out at taxpayers expense.
Congress - if they had any balls at all would repeal the reg.
that allows the federal reserve a PRIVATE COMPANY to act as
the currency controller for the US Government and the people
of the United States and get it back into the US Treasury
where it belongs. Before the US dollar is totally worthless...
Federal Reserve Notes are worthless,
US notes are not in my opinion.
The sooner it's fixed the better.
Rest assured this mess IS TOTALLY the FEDERAL Reserves fault.
And time will show that what I say is true.
Let me know what you think....
Now who can pick the next POS bank that will fail ?
Read post 24 the bear is dead !!!
you get .05..shares or so of JP Morgan
The BEAR is DEAD !!! $2 a share Ha HA Ha !!!!
Thank God that POS company is dead. I hope the gut it,
and throw the scraps to the wolves !!!
Why the Bear should DIE !!!
BEAR STEARNS COS THE (NYSE: BSC)
"They were the dominant firm for repackaging mortgages,"
ie
It is easy to point the blame for this whole sub-prime mess,
Greed driven by PROFITS HUGH profits.... BILLIONS of Dollars
But the big boys have yet to do it. Why you might ask.
For fear of ????
1. A meltdown in their own cross market holdings
2. Did they need time to unload their own holdings of BSC
3. Or set up a cross play hedge for what just happened
Down 26.15 (45.88%) a potential Billion dollar play.
In My Opinion the SEC should look at the trades by related
party institutions prior to and during March 14th.
Also there should be Congressional review of the disclosure
by BCS as to associated risk of their repackaged loans.
Last but now least it almost makes me laugh if it was not so
tragic ...The Fed once again screwing with the markets...and
JPMorgan, the nation's third-largest bank, will provide secured loans to Bear for four weeks -- insured, in essence, by the Fed.
So you guessed it, (b)a taxpayer backed bailout (b/) was slid in
to prop up what is in my opinion is wrong with the markets today.
AS the fed continues to create money from thin air the "US Federal" or by reflection the US Dollar continues to plummet
in Value around the world. Again you might ask WHY oh WHY
has this happened.
One theory is that as foreign governments loaned hundreds of
billions the the US via the Fed there was an opportunity to
actually hedge and potentially make TRILLIONS of dollars or
Euro's. How ??? Well it works like this.
Get ready for a real laugh, at the people of the US's expense.
The Fed actually a private company controls the US money supply.
In Theory ... Float out trillions of dollars,
"increase the $ money supply, really increase it, FLOOD"
but to do it you would need a way to do it so as not to look guilty of actually doing it "a crises/diversion" would be needed.
Bingo !!! so in effect we actually have a devaluation of the dollar right out in the open that the rest of the world sees
and reacts to " the US Dollar is in a free fall "
IF ANYONE DOES NOT SEE THE FREE FALL WE ARE IN THEY ARE BLIND.
Two thing actually happen that the government likes with this.
1.after thing settle a little an overall increase in exports.
2.the dollars that have to be paid back are worth (pick a number)
"50% ??? 60%" less than when they were borrowed. So tax income goes up and foreign payback is much easier.
A great long term plan to make TRILLIONS of Dollars
And SCREW the US taxpayers.
I do not know if this was actually done or that it just looks
like it. What do you think after looking at the real facts in
the world today ??? I would like to hear your opinions.
The above is just my personal opinion.
Let me know what you think.
Thanks, Watcher 31
added KING 1 million to my s-pile ....
rumor of a serious short existing on it...
I picked up 1,050,000 KING last week. .0034 ave
I am new to this board.
KING is now on some short squeeze lists..
It will be interesting to see what happens.
Update on previous post. TA says today OS 10,830,534
But 36,000 approx is preferred converts to 3.+ million
and there were approx 3 mill or so newly issued ...
That was the 6 mill reference in previous post sorry if
there was any confusion on the issue. this should clear that up.
Also a coverable is said to exist for 5 plus million shares "not sure about that info" ... is in an old filing but looks live.
Might be what is referenced to by some "Profile" companies payment disclosures.
FROM AN OLD SEC company FILING >>>>>>>>>>>>>>>>>>>>>>
DIRECTORS AND EXECUTIVE OFFICERS
Since July 31, 2003, the company's sole director and executive officer has been C. M. Benedict, age 71, who serves as Chairman, CEO and Secretary of the company. Mr. Benedict has been a director and the Secretary continuously since February 20, 2002. He became the CEO and sole officer and director upon the resignation of James E. Cheatham as an officer and director on July 28, 2003. Mr. Cheatham resigned in order to devote his full time other business.
Wonder if the Cheatham people are related...
Reference to a Jim Cheatham in the PR....
Anyone know the answer to that one ???
A storm is Brewing !!!
Word is the guys in China have raised a war chest of cash to
do Battle. Their position after doing some checking is
"that the articles that were " alleged " to have been used to
gain control of the company had been rescinded".
An SEC filing shows that the shareholders at an annual meeting
approved the rescinding of those articles. China parties position
is that the articles were rescinded." Now who would know ?
the people at the meetings in China or the guy who is in the US
...DHA
The China parties are of the opinion that what has been done
is ILLEGAL !!!
And the "word" is that current "alleged" officers are aware of it.
Also checking the Major beneficiary of current outstanding shares
for the last two years is the Pro ported current chairman or
his "group" !!!
NOT the people in China.
It looks like this might be an answer who the sellers have
been ...since the China parties stocks were all restricted or not
vested into common stock ...
Also note the current "paid profilers" of the company A SHELL -
Or is it ??? picked as "A STOCK ON THE MOVE" etc by what some
would call ******* paid *******... have been paid for
directly, by, or in some way - stocks directed to them by ???
Guess Who ??? Ha HA ... An "alleged" Current board member...
More than 6 million more shares were just issued so it looks
like a classic **** .... well do your own DD,
and lets watch this unfold over the next few months.
This is Just my opinion.
Gained from a little Due Diligence...
AMCY Lack of sellers is interesting, looks like they got a control block issued on the deal... so could be just as ready for a deal as other shells they have. And SOMEONE IS BUYING IT UP THAT'S FOR SURE.
AMCY waiting for merger news.... acting like it's due IMO
AMCY is a shell bought by some Serious Money/Deal makers
I really can't figure out why it's not moving OS is small
from all I can find 14 mill ???
AMCY looks like a merger in the works.
someone picked up a ID state filing...
looks cheap if only 14 mill OS ???
AMCY ...info on SI looks like a monster about to awake...
We will see.
AMCY on the move here is why...
OTC: Pink Sheet Stock Picking Challenge info posted on SI
http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24123912
looks like it gonna go up a lot more from here....in my opinion.
EOM
BVOL up from 1.20 to 3.10 and still going....
anyone know the brand of batteries they use???
BVOL picked up on it a few days ago 1.20 now 3.10 it just continues to climb...
RSIM same group that did russiancaviar.com shell
buying it now...
rumor of a merger in the sorks as we speak...
I left $130,000 on the table last by selling too soon ...
I won,t make that mistake this time...
Disclaimer: READ My First POST !!!!
I'm also DDing(do not own any yet) DOCUCON INC (OTC BB:DOCU.OB)
any info on them?
Disclaimer: READ My First POST !!!!
I talked to AVTI
All is on track.
Seems they are farther along with things than I thought
(as in there co. is moving along with oil production)
All I have to say is SWEET CRUDE :-0
Disclaimer: READ My First POST !!!!
AVTI reverse merger - Oil Co. Deal read SEC filings
Disclaimer: READ My First POST !!!!
I found a MEGGA Reverse Merger ... lets put it this way,
by noon I'll post a RM that will make us all one hell of a bunch of money. IMO
A few people have seen the filings but don't understand them ...
I hadda GASP when I read them...but it was 3:58pm so I'll be in at the open.
AND YES I"M GONNA BUY IT BEFORE I POST IT !!!
This one is gonna be fun.
Disclaimer: READ My First POST !!!!
LRCM I look for a major run this week.
Disclaimer: READ My First POST !!!!
Here is a list of shells.
http://www.shellstockreview.com/ssrShellsBySym.htm
Read my First Post
First let's say this.
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Investing can be Very, Very risky. You can or could loose much or all of your money. The authors of posts on these pages are not connected with the financial industry and nothing here should be construed as giving financial advice and we (they) may and often will own the stocks (we)they pick. We (they) may buy before you and sell before you. Prospective investors should contact a suitably qualified financial advisor. No warranty or guarantee is given regarding the accuracy, reliability, veracity, or completeness of the information provided here or by
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Anyone holding DSCS please e-mail me.
otcwatcher@hotmail.com