InvestorsHub Logo
Followers 78
Posts 4362
Boards Moderated 0
Alias Born 09/26/2009

Re: bar1080 post# 153

Saturday, 03/11/2023 11:56:17 AM

Saturday, March 11, 2023 11:56:17 AM

Post# of 881
Going to be a very interesting week...Is this a Bear Sterns moment or a Lehman/WaMu moment...Maybe a Fanny/Freedie lol
I could see this as some powerful people wanting to halt the FED and this was their sacrifice. I live in the North Bay and I don't think people realize how bad this could go. Jobs fire people because they have no access to those funds during an unwind, which makes me think of a BAC/Merrill moment like a shotgun wedding. Amazon/Google our next savings and loan institutions maybe Facebook oh I mean Meta?!? There's got to be some obstacles/red tape keeping them from buying but...600 52 week high stock I traded 35-37 Friday before the halt and I did witness a few hundred thousand shares trade in the 50's-60's range later and thought it had reopened. Really interesting to see how this current government handles this. I just think of Pete B. as Transportation Sec. and fear what new name I'll never forget that comes out to deal/handle this. Now is the time for leadership so lets see who steps up without playing politics. OK they can play politics but STEP UP and lead first. I'd bet it's Silicon Valley that steps up before any government official. The past 3 years tells me it's time to remove government and have state rule. BOTH PARTIES SUCK! lol