MrHanky Posted January 6, 2010 Report Share Posted January 6, 2010 All I can say is....If we DO break down soon,it's gonna leave a crapload of bulls trapped up here in the clouds. But no signs of bully givin in yet. Link to comment Share on other sites More sharing options...
Trader Joe Posted January 6, 2010 Report Share Posted January 6, 2010 Below is the response I left for Mr Jablome ________________ Heywood: Thanks for the reply. 370442725 formerly trading under ticker BGM is a exchange traded debt security with each unit having a face value of $25. There is plenty of trading action in this issue. Below is a data pull from www.finra.org showing some of today's action. So liquidity is there. Unfortunately, being that this issue has been delisted, it appears that the trades below are happening in the OTCBB market, Grey Market, or pink sheets. When you say that you bought at 5-6 cents on the dollar, that would translate to an as traded price of $1.25-$1.50 (.05 * $25 or .06 * $25), Based on the graph below I don't see where those trades would have happened not withstanding those few spikes downward. Regardless, at $6.00 +/- the issue is trading at 24 cents on the dollar. Thus, you should be able to sell these at the 20+ level without a problem. Granted, it could take a week or two to dump all 64,000. But if you were offering at 16, the broker should be able to find a buyer for the lot. I would get a new broker. 01/06/2010 15:58:40 T 200 5.850 0.000 N @ D 01/06/2010 15:51:00 T 3000 6.220 0.000 N @ D 01/06/2010 15:51:00 T 900 6.220 0.000 N @ D 01/06/2010 15:29:00 T 200 6.015 0.000 Y @ B 01/06/2010 15:29:00 T 200 6.285 0.000 Y @ D 01/06/2010 15:13:00 T 400 6.000 0.000 N @ D 01/06/2010 15:13:00 T 400 5.800 0.000 N @ B 01/06/2010 14:58:48 T 2415 6.150 0.000 N @ D 01/06/2010 14:57:45 T 415 6.000 0.000 N @ D 01/06/2010 14:57:40 T 2000 6.000 0.000 N @ D 01/06/2010 14:08:23 T 2000 6.000 0.000 N @ D 01/06/2010 14:07:51 T 2000 6.000 0.000 N @ D 01/06/2010 14:07:16 T 2000 6.000 0.000 N @ D 01/06/2010 13:49:00 T 3900 6.150 0.000 N Z D 01/06/2010 13:47:00 T 3300 6.050 0.000 N Z B 01/06/2010 13:47:00 T 3300 6.050 0.000 N Z D 01/06/2010 13:31:01 T 1000 3.400 0.000 N @ D 01/06/2010 12:48:00 T 2000 5.345 0.000 Y @ B Chart Source FINRA Link to comment Share on other sites More sharing options...
jickiss Posted January 6, 2010 Report Share Posted January 6, 2010 jickiss is back! jickiss is back! and yup! CDE, the jickiss Stock of Twenty Ten, slowly building for a move to Fiftay! here be da chart: Link to comment Share on other sites More sharing options...
I_Am_Madness Posted January 6, 2010 Report Share Posted January 6, 2010 All I can say is....If we DO break down soon,it's gonna leave a crapload of bulls trapped up here in the clouds. But no signs of bully givin in yet. GOOG, AMZN, AAPL, RIMM, IBM, GS all close down. Signs? Link to comment Share on other sites More sharing options...
jickiss Posted January 6, 2010 Report Share Posted January 6, 2010 jickiss is back! jickiss is back! and, you Always want to know just how the Secret jickiss doolar-Gold Indicator is doing. Fine. It points Down! watch for a wobble: trees and sky, you know why, Boyz at work, make you cry! jickiss!!!!!!! Link to comment Share on other sites More sharing options...
Drano Posted January 6, 2010 Report Share Posted January 6, 2010 All I can say is....If we DO break down soon,it's gonna leave a crapload of bulls trapped up here in the clouds. But no signs of bully givin in yet. If we break down, I wonder if both surviving bears will be on board? :P Link to comment Share on other sites More sharing options...
jickiss Posted January 6, 2010 Report Share Posted January 6, 2010 jickiss is back! jickiss is back! and, oh, by the Way, the real price of gold is Minus $420.90 right now, according to the secret jickiss Gold Real Price Indicator. this is why them at da Mint will not sell Gold to all them sheeple that wanna buy gold. cool. Thimk! Link to comment Share on other sites More sharing options...
FranciscoTheMan Posted January 6, 2010 Report Share Posted January 6, 2010 If we break down, I wonder if both surviving bears will be on board? :P I've been on board for longer than I care to remember Link to comment Share on other sites More sharing options...
Jorma Posted January 6, 2010 Report Share Posted January 6, 2010 Doc or anyone care to opine about this buzz about the Fed monetizing bank reserves? Also, what about the idea that the GSE's are going to go back into the market for MBS to take over as the Fed leaves the scene. Looking at ths market one can't help but get the feeling that there is great confidence that liquidity situation is going to be just fine and dandy. Except maybe the long end of the Treasury market. Of course I take the alt view that this will be sacrificed since it's only the taxpayers who lose and the interest goes to Treasury investors not citizens who will sit on the porch all day drinking beer of they get the money. I imagine every dollar of spending cuts could be replaced by a dollar of interest payments. Sweet. Once the idea takes hold that AAA corporates can trade under Treasuries a great milestone will have been passed. Link to comment Share on other sites More sharing options...
jickiss Posted January 6, 2010 Report Share Posted January 6, 2010 jickiss is back! jickiss is back! and, although da Dirty Hand may, in all likely-"hood" have a Weimar Plan, it is still not clear. Meanwhile, the Technical Picture of the INDU is termed Very Dangerous, and it be On da Edge! but, but, but...... Link to comment Share on other sites More sharing options...
Drano Posted January 6, 2010 Report Share Posted January 6, 2010 Looks like AAPL is announcing the tablet on Jan. 26, and shipping in March. http://news.cnet.com/8301-31021_3-10424337...l?tag=rtcol;pop Link to comment Share on other sites More sharing options...
Bungster Posted January 6, 2010 Report Share Posted January 6, 2010 I think we may have a mini top today......no shorts for me though... Link to comment Share on other sites More sharing options...
Bungster Posted January 6, 2010 Report Share Posted January 6, 2010 If we break down, I wonder if both surviving bears will be on board? :P If we really want to survive - we better hope that one bear is female and the other is male......Otherwise Link to comment Share on other sites More sharing options...
MrHanky Posted January 6, 2010 Author Report Share Posted January 6, 2010 If we really want to survive - we better hope that one bear is female and the other is male......Otherwise Which one do you want to be? Link to comment Share on other sites More sharing options...
Jimi Posted January 6, 2010 Report Share Posted January 6, 2010 Nice response, TJ. You think he's heroically exaggerating his cost basis (and perhaps quantity...) or just totally full of crap all together? Link to comment Share on other sites More sharing options...
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