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Nothing left to say,it's just getting old....


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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

 

post-6859-1262815315.png

 

Chart Source FINRA

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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!

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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.

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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......

post-1911-1262817588_thumb.png

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If we break down, I wonder if both surviving bears will be on board?

 

 

 

:P :P :P

 

If we really want to survive - we better hope that one bear is female and the other is male......Otherwise

 

post-1110-1262819292.jpg

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