GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Financial stocks are really cheap right now.

crockett · 07-14-2008, 03:30 PM

I wouldn't touch any of those kind of stocks with a 10ft pole right now. I bought some FRE while it was low today, taking a risk on a hopeful quick flip. I mean it's dipped from $3.xx on Fri to $12. Today it ranged from $10 down to the mid $6's, I bought low today hoping I can see a quick flip in the next few days.

I think companies with real products that are taking hits now with the rest of the market will be better long term investments. I mean hell look at Ford right now it's under $5. It's in it's 52 week low right now with a high of $9.50.

I mean hell they are having a rough time right now, but they just like GM will get their act together and turn around when the economy starts doing better. There are tons of other companies in the same boat right now and they will eventually be back as well.

07-14-2008, 03:30 PM
crockett in a van by the river Industry Role: Join Date: May 2003 Posts: 76,818	I wouldn't touch any of those kind of stocks with a 10ft pole right now. I bought some FRE while it was low today, taking a risk on a hopeful quick flip. I mean it's dipped from $3.xx on Fri to $12. Today it ranged from $10 down to the mid $6's, I bought low today hoping I can see a quick flip in the next few days. I think companies with real products that are taking hits now with the rest of the market will be better long term investments. I mean hell look at Ford right now it's under $5. It's in it's 52 week low right now with a high of $9.50. I mean hell they are having a rough time right now, but they just like GM will get their act together and turn around when the economy starts doing better. There are tons of other companies in the same boat right now and they will eventually be back as well. __________________ In November, you can vote for America's next president or its first dictator. Last edited by crockett; 07-14-2008 at 03:31 PM..