Registered: Jul 2009
Location: The Biggest Little City
quote:
Originally posted by pkcRAISTLIN
*sighs*
virtually all and everything the fed does is audited by the GAO. If there are any MINOR things that currently aren’t, Bernanke has said the fed is happy to accommodate congress in this regard. But no, nobody of sane mind wants congress to have the ability to audit monetary policy. The whole point of a central bank is that it is independent from the politics and nonsense from congress.
Virtually nothing would change from 1207, except that congress would now have the ability to stick their noses where they don’t belong. You seem to be a rabid anti-government ideologue, yet here you are championing even more power for government in an area it shouldn’t have it? You guys are so contradictory at times, it boggles my mind. And im sorry if I keep referring to you as “you guys” but there’s a ~30 page thread in the PDD where we’ve already tried to explain ourselves to the ron paul fanboys.
The GAO hasn't been doing their job.
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Aug-12-2009 03:06
Krypton
83.798 g/6.022x10^23
Registered: Nov 2003
Location: Texas
quote:
Originally posted by iTranscendence
The GAO hasn't been doing their job.
And you know this how? Because Ron Paul told you?
The last audit of the Federal Reserve. Read it yourself.....
quote:
Office of Inspector General
Semiannual Report to Congress
October 1, 2008 – March 31, 2009
Originally posted by iTranscendence
The GAO hasn't been doing their job.
What absolute nonsense.
*in before you post that clip from youtube where the secretary general answers a question with "i dont know"*
oh the humanity!
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Aug-12-2009 03:09
Krypton
83.798 g/6.022x10^23
Registered: Nov 2003
Location: Texas
quote:
Originally posted by fbgdavidson
I bought two decent slugs; one in mid March at $21, another at the end or March at around $23.
What returns have you made? Anything around 50%?
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Aug-12-2009 05:31
Krypton
83.798 g/6.022x10^23
Registered: Nov 2003
Location: Texas
quote:
Originally posted by Krypton
Anybody who wants to make some money on Wednesday, listen up. A new IPO is coming out on Wednesday. Cramer fronted it. Ticker is going to be EM. Looks good. They are a huge player in the electronic medical billing and administration industry. They have a great vertical structure which gives them the ability to charge at every step in the medical billing and record keeping process while also saving healthcare providers money. Get ready, call your broker tomorrow, do what you gotta do. It's gonna pop.
Today was EM's IPO to institutional investors (i.e. huge banks). Emdeon sold 23.7 million shares and raised about $365.7 million in an IPO led by Morgan Stanley (MS.N), Goldman Sachs & Co, (GS.N) UBS Investment Bank (UBSN.VX) and Barclays Capital (BARC.L).
Tomorrow, the stock opens on the New York Stock Exchange, at $15.50. I'm waking up early (7:20AM) so I can buy right at the market open (7:30AM Mountain Time). Judging by the institutionals buying freaking $365 million worth of stock, this baby is gonna pop!
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Aug-12-2009 06:00
Sunsnail
Global Moderator
Registered: Sep 2004
Location:
quote:
Originally posted by Krypton
Today was EM's IPO to institutional investors (i.e. huge banks). Emdeon sold 23.7 million shares and raised about $365.7 million in an IPO led by Morgan Stanley (MS.N), Goldman Sachs & Co, (GS.N) UBS Investment Bank (UBSN.VX) and Barclays Capital (BARC.L).
Tomorrow, the stock opens on the New York Stock Exchange, at $15.50. I'm waking up early (7:20AM) so I can buy right at the market open (7:30AM Mountain Time). Judging by the institutionals buying freaking $365 million worth of stock, this baby is gonna pop!
gonna laugh if it doesn't
you're usually not wrong though
Aug-12-2009 06:08
Capitalizt
Supreme tranceaddict
Registered: Feb 2005
Location: USA
quote:
Originally posted by Krypton
Tomorrow, the stock opens on the New York Stock Exchange, at $15.50.
Institutional demand will be priced into the stock before you even have a chance to place an order. Don't count on it opening @$15 if demand is high.
Aug-12-2009 06:23
Krypton
83.798 g/6.022x10^23
Registered: Nov 2003
Location: Texas
We shall see fellas. We shall see. You will see when I make 100% profit in a day!!!11
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Aug-12-2009 06:29
Domesticated
Supreme tranceaddict
Registered: Feb 2007
Location:
quote:
Originally posted by Domesticated
Hey Krypton, you seem puzzled everytime someone makes fun of your little investment hobby.
In the Melbourne paper we have a stockmarket competition. Currently coming first is an astrologer, second a 'random' selection by the computer. The fucking stockbrocker is coming last out of six. That's why everyone laughs at you; 99% of stockbrokers and financial advisors have no more idea about the market than anyone else.
...and you are no exception.
Aug-12-2009 06:34
pkcRAISTLIN
arbiter's chief minion
Registered: Jul 2002
Location:
i'd just like to point out that this economics noob and liberal arts major has made ~$100,000 in equity in the last 3 1/2 years. go me!
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Aug-12-2009 07:01
Domesticated
Supreme tranceaddict
Registered: Feb 2007
Location:
The share market actually does seem to be rallying though. I own shares in two different companies, which I bought for $1.45 and $29.00 respectively.
At one stage they got down to $.29 and $18.00, but now they around $.35 and $23.00.
Aug-12-2009 09:03
Krypton
83.798 g/6.022x10^23
Registered: Nov 2003
Location: Texas
quote:
[i][b]Originally posted by Domesticated
Hey Krypton, you seem puzzled everytime someone makes fun of your little investment hobby.
In the Melbourne paper we have a stockmarket competition. Currently coming first is an astrologer, second a 'random' selection by the computer. The fucking stockbrocker is coming last out of six. That's why everyone laughs at you; 99% of stockbrokers and financial advisors have no more idea about the market than anyone else.
Laugh away. I'm neither a broker or advisor. I'm an equity analyst who develops, publishes, and uses financial models. I have had far more positive feedback on these models than anything you could ever laugh at me for. 50% profit for 2009 seals the deal. Try my models for yourself. I've spent thousands of hours on them. www.finance.com
