InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,985.38
(
0.02%
)
US TECH 100
20,490.00
(
-0.13%
)
Dow Jones
43,958.19
(
0.11%
)
Brent Oil
72.06
(
0.27%
)
Bitcoin
89,794.92
(
-0.85%
)
Post# of 704019
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

S Chun-Li

Send PM Follow Ignore
Followers 7
Posts 201
Boards Moderated 2
Alias Born 11/20/2002

S Chun-Li

Member Level

Re: Orvis post# 594510

Friday, 07/11/2008 7:59:59 AM

Friday, July 11, 2008 7:59:59 AM

Post# of 704019
somewhere close to $0 I guess.

If you check the balance sheet and the losses then you will see they are overvalued. Too much credit in the system caused these problems. The rout will finish when we are undervalued by a similar margin to that which we were overvalued by, and all the excess credit is removed from the system. Long long way to go.


Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up