This situation describes the financial sector crisis right now.

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • Trax
    [----------------------]
    • Aug 2001
    • 14486
    #1

    This situation describes the financial sector crisis right now.

    Lets say there are 10 bottles of water, and one of them contains gift... you are not going to drink from any of the bottles even though 9 of them are perfectly fine.

    this is what is happening right now with banks that are generally fine.
    JPM down 8.5
    GS down 25
    Tags: None
    • xmas13
      Confirmed User
      • Dec 2004
      • 5176
      #2
      Perfectly fine... not. The whole sector is struggling, from Citi to UBS, Barclays...etc.
      ICQ 557504926

        Comment

        • xmas13
          Confirmed User
          • Dec 2004
          • 5176
          #3
          Some banks are less exposed than others, some are better managed than others, but all of them have been taking loans from central banks since last year, have been seeking billions from investors, all the big names in the banking industry have been affected by the downturn. It's a highly leveraged sector.
          Last edited by xmas13; 09-17-2008, 10:00 AM.
          ICQ 557504926

            Comment

            • Trax
              [----------------------]
              • Aug 2001
              • 14486
              #4
              i was clearly talking about "banks that are generally fine"
              neither citi nor ubs qualify for that

                Comment

                • Bossman
                  Confirmed User
                  • Jun 2006
                  • 1263
                  #5
                  All banks will go under if a bank run starts.
                  Live Sex

                  Buying membership sites
                  E-mail: support AT epcrew.com

                    Comment

                    • directfiesta
                      Too lazy to set a custom title
                      • Oct 2002
                      • 30135
                      #6
                      The economic stuff is ... strong ... I have been told !

                      You can even use the " a google " to check....
                      Last edited by directfiesta; 09-17-2008, 10:11 AM.
                      I know that Asspimple is stoopid ... As he says, it is a FACT !

                      But I can't figure out how he can breathe or type , at the same time ....

                        Comment

                        • notime
                          Confirmed User
                          • Jun 2003
                          • 8025
                          #7
                          fear breaks down any stock, the media are to blame

                            Comment

                            • Vendot
                              Confirmed User
                              • May 2002
                              • 3376
                              #8
                              Its scary..... remember the media wasnt as live and the internet wasnt around in the past financial crises. If people start to worry about Goldman (currently hovvering around $100) and a bank run starts then damn, its all over.

                              But if GS stays afloat which is probably more likely then its incredible good value at $100. Hell you get $21/share dividend and thats over 20% capital gain per year on your holding if they keep the dividends at that level. Once this is all gone and assuming GS survives, some people holding massively on GS will probably be very well rewarded.
                              "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell

                                Comment

                                • deniska
                                  Confirmed User
                                  • Mar 2001
                                  • 1053
                                  #9
                                  Originally posted by Vendot
                                  Its scary..... remember the media wasnt as live and the internet wasnt around in the past financial crises. If people start to worry about Goldman (currently hovvering around $100) and a bank run starts then damn, its all over.

                                  But if GS stays afloat which is probably more likely then its incredible good value at $100. Hell you get $21/share dividend and thats over 20% capital gain per year on your holding if they keep the dividends at that level. Once this is all gone and assuming GS survives, some people holding massively on GS will probably be very well rewarded.
                                  $21/share in dividends are you crazy where did you get such info?

                                    Comment

                                    Previous template Next
                                    Working...