InvestorsHub Logo
Followers 6
Posts 580
Boards Moderated 0
Alias Born 07/07/2002

Re: cannabis post# 142196

Thursday, 03/12/2009 11:08:37 AM

Thursday, March 12, 2009 11:08:37 AM

Post# of 148479
General Musings:

Last two big events we had a ramp-up on the rumor and sell-off on the news.

I don't expect the same thing to happen with any elimination of mark-to-market.

This is huge. If they let the banks get away with it it'll mean business-as-usual for banks for several years.

It would allow them to report good earnings, start lending again and, who knows, even start re-activating the economy.

But what do I know?

H.

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.