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Re: 10 bagger post# 135536

Thursday, 08/04/2011 5:07:35 PM

Thursday, August 04, 2011 5:07:35 PM

Post# of 173792
10 Bagger....remember 2008/9, one of the biggest problems for VMC stocks was complete lack of buyers. As such, every sell was on the "bid" and kept dropping the prices down (especially on low float companies). I saw some of that today.

I think part of today's drop wasn't just about the economy (or the intervention on the Yen and Swiss Franc), it's also the realization that from the "Debt Ceiling Fight" that just occurred, big banks/Wall St is not going to get bailed out again. The Tea Party isn't going away (the organization is wise at fighting to get their candidate to win the "primary elections" in districts---which few people vote in--that are going to be won Republican no matter what. The left does it too. It's why politics is so polarized now). Heck, Boehner wasn't going to give money for the flooding in Missouri unless their were cuts somewhere. Big bailouts of Golman Sachs aren't going to happen again imo no matter how much they pout.

This risk needs to be priced in by the big boys.

I think people need to get used to the same principal that Japan has experienced..... a long period of very slow growth.

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