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Mike 03

(16,616 posts)
2. Investors are saying, "We already priced these cuts into our valuation and, by the
Tue Mar 3, 2020, 12:32 PM
Mar 2020

way, we don't think your plan is going to work."

Brainfodder

(6,423 posts)
3. Wasn't tremendous?
Tue Mar 3, 2020, 12:32 PM
Mar 2020

That would explain the yuge drop?

-Covfefe Forever!?!




I will never miss this era of daily dipshittiness?

brewens

(13,539 posts)
4. It might have worked if the virus wasn't spreading fast. Six dead in Washington state now,
Tue Mar 3, 2020, 12:33 PM
Mar 2020

so presumably, they must have had 300 cases or so, most of which they knew nothing about. A little bit lower interest rates didn't change what was inevitably going to happen.

SWBTATTReg

(22,077 posts)
7. Anybody that has experience in the 2008 downturn knows what worked and what didn't.
Tue Mar 3, 2020, 12:41 PM
Mar 2020

Amazing that rump doesn't. I guess he was too busy going around grabbing some p^&&y and other crap, and not paying attention to what was going on...oh wait, that's right, he's declared 6 bankruptcies (that we know of), and probably is in hock up to the 2nd of his 3 multiple chins...

 

Wellstone ruled

(34,661 posts)
9. Well his trained Monkeys
Tue Mar 3, 2020, 01:15 PM
Mar 2020

will be able to Refi their Houses in order to go to Disney. Or some Bible themed Parks as well as hit the Casino's for the big payday. Assuming their Credit Scores are above 600.

SWBTATTReg

(22,077 posts)
10. Yes, well said. It is sad that we are doomed to repeat the failures of the past, e.g., the bush ...
Tue Mar 3, 2020, 01:21 PM
Mar 2020

administration's handling of the 2008 financial mess (ignored the signals of the coming crash in real estate and the stock markets (bubbles)). Someone had to know that something of this virus' impact could happen (and it did). Seems like the republicans are at it again, ducking for cover under the nearest table!

 

Wellstone ruled

(34,661 posts)
11. Caught Jim Cramers
Tue Mar 3, 2020, 01:37 PM
Mar 2020

comments earlier. Do specifically 2008 and his comments set off the largest selloff in History of the Markets based on valuations.

Cramer is a hustler to say the least. But,the sucker is plugged into the Street and uses his elbow brushing to enhance his fortune via his Wife's Trading Account since he is banned from any ownership of any Trading Platform.

Watched his unusual fidgeting which means he is scared as to what is coming down the road.

SWBTATTReg

(22,077 posts)
12. Thanks for the info. on Jim Cramer ... I haven't watched him in years and years. A hustler as ...
Tue Mar 3, 2020, 01:41 PM
Mar 2020

you said is a perfect description of him. I used to listen to him, and to be honest, I somewhat listened.

I didn't know about his being banned from any ownership of any trading platform. Is he banned from trading too? What brought this on?

 

Wellstone ruled

(34,661 posts)
13. He lost his Brokers Dealers
Tue Mar 3, 2020, 01:47 PM
Mar 2020

License back in the early Nineties for Stock and Bond Manipulation during the Dot Bomb era.

He can trade thru his Wife's Trading Account,she is a licensed Broker Dealer who was able to keep her license in a settlement deal with the SEC.

SWBTATTReg

(22,077 posts)
14. Ahhh...doesn't really surprise me although I am surprised that w/ his 'vaunted trading ...
Tue Mar 3, 2020, 01:52 PM
Mar 2020

skills', he had to resort to manipulating pricing on bonds and/or stocks. Figures, I guess, and kind of disappointing to me that someone who was in the 'know' resorted to this kind of manipulating. Thanks for the information, I didn't know this. Take care!

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