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  1. #271

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    Quote Originally Posted by eclarke View Post
    All things aside, If you bought Kodak stock on Friday, today alone you made good profit on your money...
    On paper. maybe, but take out the buying-and-selling spread
    (notoriously high on "penny stocks") and brokers charges for the two deals, and I don't think you would have had much profit left. (Unless you had been willing to risk very large $$ in a very speculative investment.)

  2. #272
    keithwms's Avatar
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    Quote Originally Posted by eclarke View Post
    All things aside, If you bought Kodak stock on Friday, today alone you made good profit on your money...
    Dead cat bounce. I did consider buying a few days ago but was more comfortable with making BAC my risk play, for the reasons railwayman just mentioned. BAC worked out very nicely, thank you very much.
    "Only dead fish follow the stream"

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  3. #273

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    I did my part and purchased 45 pro-packs of TMY120.

  4. #274
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    Quote Originally Posted by railwayman3 View Post
    Unless you had been willing to risk very large $$
    Then you would have owned the whole company!


    Steve.

  5. #275
    Vaughn's Avatar
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    Quote Originally Posted by keithwms View Post
    Yes, there seems to be zero initiative in DC to create real jobs. Our current batch of politicians are just sitting back, waiting for the nondurables consumer economy to improve with consumer confidence. Their implied message: if you think the job market is bad, blame yourself for not feeling confident enough to put more on plastic. Meanwhile, we're just pissing away manufacturing capacity and technical talent. Don't get me started
    What we need is a President fully experienced in taking operating profitable companies and stripping them of their assets and putting all the workers on unemployment. I think one is running for the office now...

    Vaughn
    At least with LF landscape, a bad day of photography can still be a good day of exercise.

  6. #276
    keithwms's Avatar
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    Quote Originally Posted by Vaughn View Post
    What we need is a President fully experienced in taking operating profitable companies and stripping them of their assets and putting all the workers on unemployment. I think one is running for the office now...

    Vaughn
    Well those are the official Dem talking points, but a closer look reveals that he left several companies far better off than when he joined them. And M&A is risky business. Anyway, who in the current WH has ever actually created a job? Yeah... it's hard to think of one.

    Romney's people haven't found their message yet, that's clear. But they have plenty of material to build on. I told them they should turn this silly firing controversy around and point out that somebody who knows how to streamline a business also would know how to streamline the government and save a few bucks. We could use a little more fire under the deadwood in DC.
    "Only dead fish follow the stream"

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  7. #277
    Richard Sintchak (rich815)'s Avatar
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    Whoa. 82 cents now!
    -----------------------

    "Well, my photos are actually much better than they look..."

    Richard S.
    Albany, CA (San Francisco bay area)

    My Flickr River of photographs
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  8. #278

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    I don't think creating jobs in China counts.

  9. #279
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    Quote Originally Posted by DREW WILEY View Post
    I don't think creating jobs in China counts.
    I couldn't agree more.
    "Only dead fish follow the stream"

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  10. #280

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    Putting thousands of tax-paying neighborhood mom n' pop operations out of business, and laying off
    tens of thousand of US mfg employees to create minimum wage strip mall jobs selling almost 100%
    made in China goods doesn't count either. By the time these guys run for office they're already bought and paid for by someone who does not have your interest in mind. They're out to mine and
    burn the middle class as much as dirty coal.



 

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