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siriusadult

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siriusadult

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Thursday, 08/16/2007 10:58:17 AM

Thursday, August 16, 2007 10:58:17 AM

Post# of 9101
ANYbody listening to CNBC? The whole MARKET is down this morning...when I first looked at 10 minutes past 10AM--the market was down on one of the markers 137 points! CNBC is comparing today to 1987! WHOA!

On another of my stocks, one of the guys called IR to find out if there was something BAAAADDDD happening, and was told that one of the holders of 1million plus shares, HAD to sell this morning, and did not care about the price...he had a margin call to cover on another stock and needed the cash...dropped the pps of that stock 64% in a nanosecond!

Many folks that I am aware of are and have been going to cash this month...as is typical for August....but this year is way worse than last year....
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