InvestorsHub Logo
Followers 33
Posts 4217
Boards Moderated 0
Alias Born 04/09/2011

Re: familyguy6 post# 11743

Tuesday, 11/15/2011 10:19:57 AM

Tuesday, November 15, 2011 10:19:57 AM

Post# of 223628
I want it to work out bad too, but wanting it to happen and it happening are two different things. If it does work out, you and I have enough shares. Same with Dreamhouse. Any PPS under 25 cents is probably OK. Depends on how much money you have to put at risk and can afford to lose if it goes south.

Today, they were saying on CNBC that Europe is facing a liquidity meltdown if something isn't done to prevent it in the next three weeks. All countries in Europe, except Germany, are at risk. That would have a huge impact on the US markets. Additionally, the Bipartisan Congressional Budget Committee has to have a deal by the end of next week or draconian cuts will be made across the board. If that happens, watch for the market to crash and we will be stuck in our stocks at even lower prices. For it not to happen, The Republicans are going to have to accept some tax increases and the Democrats some entitlement cuts.