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V IPO was the fleecing of unsophisticated investors and i encourage
shorting these two on any minor pop we will see over the next two
days.
Credit and consumption will contract, as will international card use.
What i am banking on is the extreme tax loss selling the idiots that
bought these two POS at sky high valuations.
V is expensive by any measure and a natural short, tax selling will
tax this back to single digits.
Just MHO but i am up close to $200K YTD.
BuffetHater wrote on 11/4/08 12:37 AM:
> Just MHO but i am up close to $200K YTD.
That's pretty poor for someone who claims to be a "near-billionaire"
(and you know how everyone believes everything you scribble)........
Hey, BH. You ever pick a stock that you stay in for over 1 week?
I think you only trade ETF's . ETF's are for weenies.
$200K YTD, what a laugh You are lucky if the market goes up when you are
long and down if you are short. You are likely wrong 90% of the time
trading like that. If you are up that much you must have had a relative
who died and left you money.
Vito
"BuffetHater" <B...@g...com> wrote in message
news:639293cc-8817-454b-af51-8ebac45d1049@v22g2000pr
o.googlegroups.com...
>V IPO was the fleecing of unsophisticated investors and i encourage
> shorting these two on any minor pop we will see over the next two
> days.
> Credit and consumption will contract, as will international card use.
>
> What i am banking on is the extreme tax loss selling the idiots that
> bought these two POS at sky high valuations.
>
> V is expensive by any measure and a natural short, tax selling will
> tax this back to single digits.
>
> Just MHO but i am up close to $200K YTD.
BuffetHater <B...@g...com> wrote in message
news:639293cc-8817-454b-af51-8ebac45d1049@v22g2000pr
o.googlegroups.com...
> Just MHO but i am up close to $200K YTD.
<Montgomery Burns>EX-CELLENT!!!</Montgomery Burns>
Just try not to lose it all in the next few months...or CLAIM you
lost it all under penalty of perjury...
---
William Ernest Reid
Post count: 1289
Uncle_vito <u...@y...com> wrote in message
news:BK6dnf0rTdbq2o3UnZ2dnUVZ_iydnZ2d@linkline.com..
.
> $200K YTD, what a laugh You are lucky if the market goes up when you are
> long and down if you are short. You are likely wrong 90% of the time
> trading like that. If you are up that much you must have had a relative
> who died and left you money.
Well, we'll all know EXACTLY the claimed net worth and the source
of any and all "net worth" of "BuffyTheProfitHater" in the next few months,
so stay tuned...
My bet: he actually IS completely worthless, just like his posts...
---
William Ernest Reid
Post count: 1290
V and MA are money machines. These guys don't risk anything except R&D and
advertising expenses. Otherwise, they just collect their few cents per
transaction while the Citibanks and BofAs take the risk. It's an unbelievable
business model.
"BuffetHater" <B...@g...com> wrote in message
news:639293cc-8817-454b-af51-8ebac45d1049@v22g2000pr
o.googlegroups.com...
>V IPO was the fleecing of unsophisticated investors and i encourage
> shorting these two on any minor pop we will see over the next two
> days.
> Credit and consumption will contract, as will international card use.
>
> What i am banking on is the extreme tax loss selling the idiots that
> bought these two POS at sky high valuations.
>
> V is expensive by any measure and a natural short, tax selling will
> tax this back to single digits.
>
> Just MHO but i am up close to $200K YTD.
V was up $7 and MA was up $26 today. That is like a 12% gain for V. It is
within pennies of $60.00. I cannot really complain. With both their
earnings beating recently, I figure that in a recession folks use their
cards to buy food rather than big screen TV's. Many more swipes for food
than for big screens. Also, perhaps the market is looking 6 mos down the
line and credit crisis/recession is over by then.
Vito
"Lubow" <l...@l...com> wrote in message
news:49105be0$0$28384$ec3e2dad@news.usenetmonster.co
m...
>V and MA are money machines. These guys don't risk anything except R&D and
>advertising expenses. Otherwise, they just collect their few cents per
>transaction while the Citibanks and BofAs take the risk. It's an
>unbelievable business model.
>
>
> "BuffetHater" <B...@g...com> wrote in message
> news:639293cc-8817-454b-af51-8ebac45d1049@v22g2000pr
o.googlegroups.com...
>>V IPO was the fleecing of unsophisticated investors and i encourage
>> shorting these two on any minor pop we will see over the next two
>> days.
>> Credit and consumption will contract, as will international card use.
>>
>> What i am banking on is the extreme tax loss selling the idiots that
>> bought these two POS at sky high valuations.
>>
>> V is expensive by any measure and a natural short, tax selling will
>> tax this back to single digits.
>>
>> Just MHO but i am up close to $200K YTD.
>
>Also, perhaps the market is looking 6 mos down the
> line and credit crisis/recession is over by then.
From your mouth to God's ears.
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