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  1. Paratrooper_Rick is offline
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    Joined: Feb 2009 Location: In the trenches taking aim Posts: 634
    03-30-2009, 11:02 AM #91
    Quote Originally Posted by audiciter View Post
    Rick did you get in on CTIC? I bought in on Friday at .38 when it came down from .93. Premarket was down to .22 today and the lid blew off a little bit ago. Did some news break on it or is it another pump and dump?
    Nope - CTIC was one of my candidates - but once again - got stuck waiting for my transfer from Hells Fargo....

    Did anyone else notice that 175K block NITE has sitting at .30..... bastards....

  2. FoolNHisMoney is offline
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    03-30-2009, 11:05 AM #92
    What's with all the political crap this morning? Take it elsewhere and keep this thread on topic!! Go stir the pot in another thread!

  3. exilejeff is offline
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    03-30-2009, 11:05 AM #93
    Quote Originally Posted by lloyd Handwerker View Post
    Brandon so are you backing off your charge of Obama's responsibility for the present unemployment rate?

    -------------------------------------------------------------------------

    If you think that ALL Obama is doing to tackle this recession is give you $13 a month
    then you are indeed one sided.

    Of course it isn't his fault.....but he isn't doing anything to help the present unemployment rate.....actually is probably hurting it by taxing the upperclass more (aka decisionmakers, aka employers).....taking away incentive to work hard/grow......socialism is all it is

    the $13 a month is really just an adjustment to your witholding, the government is letting you have some of your money back.....how generous.....probably won't announce when it gets changed back to compensate for all the spending either

  4. lloyd Handwerker is offline
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    03-30-2009, 11:06 AM #94
    I understand what you are saying about Chrysler joiining with Fiat but isnt it going to shrink within that larger formation and get "leaner". At least i think that is the intent.
    What about GM. They are being forced to downsize. No? Isnt GM the bigger and more important player in this mess?
    I am a cinematographer from NYC. My opinions are a combination of economics, a political science degree in College and all life's experiences including my parents political leanings (everyone has got to acknowledge that including you.)

  5. Paratrooper_Rick is offline
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    03-30-2009, 11:06 AM #95
    The 10-day SIRI chart looks like something my 4 year old drew on the kitchen table with a crayon.....

    I'm almost ready to throw out chart analysis again until we level back out.... my gut gets knotted every second I look at NITE sitting on that block at .30... wondering if this week is going to be drawn out and sloowwwwwwww....

  6. lloyd Handwerker is offline
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    03-30-2009, 11:09 AM #96
    Pleas stop with the Socialism crap. All that tells me is you are intellectually lazy
    Its too easy to throw out a word.

  7. Dave Davis is offline
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    03-30-2009, 11:10 AM #97
    There is also 1.28 mil shares at .30 at the bid from nsdq in addition to NITE's 175k

  8. airman is offline
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    03-30-2009, 11:18 AM #98
    "Bush's whole economic emphasis was tax cuts for the rich which will trickle down to everyone else. How did that work out? LOL.
    So some people want to repeat that experiment. Brilliant! "

    why are more than half the arguments for obama ...against bush? I understand maybe to try to argue against a past policy. But an argument against a old policy is not a valid argument for the new one.

    Obama is president. Can you argue for his policies without the quoted type of argument?

    You are right Bush's policies were wrong. We dont want the same experiment. He didnt cut taxes enough and he spent way to much. In that respect him and obama are the same ... Obama will not cut taxes enough(understatement) and will spend way way way way too much. Obama will end up making Bush look like a conservative. That is a tall order too.

    As far as the comment that we need to spend and tax our way out of it. Now this is a time when a reference form the past has merit. Although controversial, That is generally thought of why we were driven into the depression and at the very least why we stayed there so long. Will it this time, time will tell but there can be no doubt that it is going to be tough stopping super inflation which is the next booger we will have to deal with.
    By the way my definition of conservative is simply(least use of governement possible and only that specifically authorized by the constitution)
    I concur with Relmor on this one. Go look up Ron Paul and do some reading and listening ... give it a fair chance. Some of your veiws may change.

  9. learn to think is offline
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    03-30-2009, 11:21 AM #99
    Quote Originally Posted by underway View Post
    Obama did not cause the economic crisis. No one thinks he did. And, BTW, Bush didn't cause it either. The seeds for this recession were sewn long before, during the late 90s and continued into Bush years. First Problem: repeal of Glass-Steagal, the very law enacted after the Depression to protect the country from the boom-bust that occurred back then by the banks. Second Problem: gov't encouraging Freddie and Fannie to back loans for people with horrible credit just so they could get into homes. Bad policy with unintended consequence of toxic mortgage assets. Then these were packaged and traded by merchant banks and insured by AIG, all of which would have been prohibited by Glass-Steagal Act. BTW...Clinton signed Graham Leach Bliley Act which repealed Glass-Steagal, and it overwhelmingly cleared the Congress...both parties at fault!!
    Obama decision to spend is the right approach...BUT NOT on healthcare reform, and other social programs which add nothing to GDP. Where's the 'shovel ready' public works project which would put people back to work immediately?
    The auto industry: they make cars that the market tells them to make. They get caught from time to time when market shifts rapidly. They can't react to it fast enough. For those of you who are old enough to remember, this has happened before: during the 70s they got caught by oil crisis and stuck with V8 gas guzzlers. Chrysler was on verge of bankruptcy and needed gov't help then....enter Lee Iacocca, the k-car, minivan, and chrysler emerged. It's the biz cycle. Huge manufacturing companies have trouble reacting to quick market change. That's the problem. Even the great Japanese automakers are having problems. It's not just Detroit.
    I thoroughly agree with your post.If you think about the events that transpired really hard you would have to agree that the "economic crisis" was carefully planned and calculated.The appraisers started inflating the value of houses getting kickbacks from banks, the banks started dispensing toxic mortgages like pez( oh, we didn't know they wouldn't be able to pay them back, we're stupid.Give me a break),companies like AIG started insuring these mortages,they ever so timely disengage the uptick rule( oh, we don't need that anymore...until the market collapses...then oh, we're sorry maybe we should have that uptick thingy...our mistake,you know we are new at this), then they start printing money like it's going out of style, because it is going out of style and in a big way, completely devaluing the dollar( so they can implement our new currency , electronic cash...that one will take some time)then they start buying these same company's they helped fail with their legislation(don't worry nothing to see here). It was carefully planned from the beginning to consolidate power, to rob us, to manipulate us, to brainwash us until we all wake up on a mass scale and hit that critical mass and stop all the nonsense"I'm a republican, I'm a democrat, I'm better than you, I'm smarter than you, I'm more researched on the issues". When these guys get together behind closed doors they could care less about republican and democrat. Look at Clinton and Bush senior, they're busom buddies now(actually have been for 30 years). You have to realize they're all like that,they're the overclass and we are the underclass(it's an exclusive club and you're not in it...George carlin). Do you think your republican representative identifies with you more than a democratic office holder, no, thay are all one making slightly different laws to appease their voters but what it boils down to is that they want the same thing,to control us, control our economy,control what we eat(look at Monsanto),tax us to death, keep us subservient and quiet.Until we stand up.Albert Einstein said that you can not fix a problem with the same mediocre mind that created it.

  10. Beach Gambler is offline
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    03-30-2009, 11:22 AM #100
    Quote Originally Posted by Dave Davis View Post
    There is also 1.28 mil shares at .30 at the bid from nsdq in addition to NITE's 175k
    That would be mine











    LOL

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