Official Let's Make Some Money Off Stocks Thread
#21
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Hey what do u guys think of Lehman Bros. It seems like they are beginning to have a turn around after the conferance they had around a week ago. Im going to keep watching.
#23
Originally Posted by Bliss@5200,Jun 16 2008, 04:17 PM
Hey what do u guys think of Lehman Bros. It seems like they are beginning to have a turn around after the conferance they had around a week ago. Im going to keep watching.
#27
I'm also thinking of shorting oil especially if it climbs near $150. The arabs are aware of oil prices affecting consumers and how auto makers are taking a step to make fuel-efficient cars. If the arabs don't do something about these oil prices then they will be adversely affected. In fact, they already acknowledged that the oil prices are way too high.
Either short USO or buy DUG.
What do you guys think?
Either short USO or buy DUG.
What do you guys think?
#29
Originally Posted by SD_S2K,Jun 16 2008, 05:22 PM
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aapl needs to keep dropping, not rebounding
aapl needs to keep dropping, not rebounding
#30
Originally Posted by Bliss@5200,Jun 16 2008, 04:17 PM
Hey what do u guys think of Lehman Bros. It seems like they are beginning to have a turn around after the conferance they had around a week ago. Im going to keep watching.
On the other hand, if you have some faith in the financials, or similarly just believe they currently present a good value, C under 20$ and GS under 170$ are much better buys IMO. Last week I bought GS at 163 and still own it although if I had access to the internet I probably would have sold half my shares before the close. LEH is really the only firm that still has a possibility of a complete collapse overnight. The odds of this occuring are much less than just last week due to secured financing if they are being honest about this past quarter.