SocialPicks Sentiment:
** v.s.
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This Quarter's Sentiment:
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Closing out my short shouldn't be taken as a signal to buy. I am just moving on to the next train wreck. The easy money has been made.
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When considering weather bottoms are in or not you should first try to understand what is driving the madness. To put it simply the market is wringing the leverage out of the market. The problem with the financial stocks is that they run highly leveraged balance sheets. Since the model is to borr...
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This is no bottom. This is only the beginning of the correction. The CDS unwind is going to have a major impact and where the damage stops is impossible to tell. CDS exposure is massive (everyone has exposure). The market is going to throw the baby out with the bathwater and even the good stocks ...
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As Jim Cramer would say Booya....or is it Boohoo? Really Jimbob, that was one of the worst calls of all time. Things aren't as bad as the seem they are worse!
This is no doubt a historic weekend. Merrill sold (at an amazing price), Lehman folds, AIG begging for Fed access. This is the bottom r...
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Unfortunately these banks are FINISHED for all intents and purposes. My suggestion? Either short this sector on any bounces, or just stay way way away. I still hear people saying "C is a great buy at $15, it'll come back in a couple years!" Sorry, it's not coming back EVER in my opinion. Other tha...
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WM
1 point
Last updated 472 days ago
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Yesterday, you, SocialPicks said WM was a buy at 4.03. Today you say it is a sell at 3.84. I wonder how many bought on your advise this morning?
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