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Valan
The Fated
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Posted - 2008.10.05 00:14:00 -
[1]
 Originally by: Drakolus
If there was a way to invest in instability and Chaos, I would SO be all in right now.
There is some companies are making a fortune at the moment. The great thing is because we're a financial business our share price took a hit. Thing is our profits are up due to the instability. So I bought a few shares and I'm in profit. Now the USA has bailed out my profits will be up Monday. I'm looking at over 30% by Friday.
People go on about the chain reaction among the economies of the world and in the same breath moan about the bail out helping only the rich. The issue affects everyone. The damage is already done but the result is that there is no confidence. Once that is restored the organisations affected can begin to move on. The bail outs in various countries are required to restore confidence. Without out it the world grinds to a halt.
/start sig
I love old characters that post 'I've beeen playing the game four years' when I know their account has been sold on.
/end sig |
Valan
The Fated
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Posted - 2008.10.06 07:42:00 -
[2]
Edited by: Valan on 06/10/2008 07:43:35
Originally by: Thorliaron
Edited by: Thorliaron on 05/10/2008 03:16:28
Originally by: Valan
Originally by: Drakolus
If there was a way to invest in instability and Chaos, I would SO be all in right now.
There is some companies are making a fortune at the moment. The great thing is because we're a financial business our share price took a hit. Thing is our profits are up due to the instability. So I bought a few shares and I'm in profit. Now the USA has bailed out my profits will be up Monday. I'm looking at over 30% by Friday.
People go on about the chain reaction among the economies of the world and in the same breath moan about the bail out helping only the rich. The issue affects everyone. The damage is already done but the result is that there is no confidence. Once that is restored the organisations affected can begin to move on. The bail outs in various countries are required to restore confidence. Without out it the world grinds to a halt.
You wont see a share surge for a long time and tbh the bail out won't really solve anything.
lol bearing in mind I'm small time I work at a brokers but I'm not a broker but you learn a bit on the side.
I bought in at 3.08 last week or so. I sold at 3.60, bought back in at 3.00 this morning and sold at 3.80 10 minutes later. I've now bought back in again at around 3.20. So I'm ú1200 up and still have my original stake which is in profit.
Now imagine you have 100s of professional brokers with a millions to spend and you tell me we're having a rough time 
It's a game I've just got my toe in the water regarding investment and information. I consider myself clueless but you have people commenting as though they're experts that have no idea.
/start sig
I love old characters that post 'I've beeen playing the game four years' when I know their account has been sold on.
/end sig |
Valan
The Fated
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Posted - 2008.10.06 09:00:00 -
[3]
Edited by: Valan on 06/10/2008 09:00:23
lol nope like I say I'm small time. I know the company I work for is undervalued, the only reason we're taking a hit is because we're lumped in the financial sector. We don't hold assets as we're not a bank. Our only threat is thinning down of clients but with Governments protecting the large banks the threat has subsided.
We're currecntly 20% in front on last years profit. We have a new project about to roll out which is going to be ahuge money maker for us and isn't dependent on having lots of clients.
I would let you know who I work for but I'm not taking any responsibility for other peoples losses lol.
All I'm saying is there is a silver lining and let the Government and banks sort it out and your assets will recover. All this media hype and political spin is actually making it worse. The media and general public isn't qualified to comment you're gonna have to start trusting the banks again. Some of these rescue plans may actually earn money for the Government in the future. There is no way giving average Joe a bundle to help with his mortgage is ever going to see a return.
/start sig
I love old characters that post 'I've beeen playing the game four years' when I know their account has been sold on.
/end sig |
Valan
The Fated
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Posted - 2008.10.06 10:18:00 -
[4]
It's not gambling it's either information based trading or statistical analysis (although I can see how that can be gambling), usually it's both.
The traders get paid to make money so they do that anyway they can within the rules. They're not emotionally involved they can't be or you couldn't make money.
Who you should be levelling critiscm at is the people who make the decisions. Pension funds regularly sell their customers assets down the river.
But at the end of the day a company exists to make money for its owners. They exploit employees to extort money from customers. As an employee you're a number and unless you can climb the ranks and take advantage you have to sit there and make the best of what you can to make a living.
In my experience everyone does things in their own interest regardless of there social level. The gain is either material or emotional very rarely do people do something for nothing and they will rarely do themselves harm. Hence sometimes I make an effort to help someone out as long as I'm not really doing myself a injury. The only thing is some people are at the top of the pile and get a chance to shaft more people. But unfortunately you need them more in this case than they need you.
/start sig
I love old characters that post 'I've beeen playing the game four years' when I know their account has been sold on.
/end sig |
Valan
The Fated
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Posted - 2008.10.06 16:05:00 -
[5]
I agree thats the way should be and I must admit even though I work for what could be considered a company at the pinnacle of capitalist excess they do treat employees very well. Not only that we give millions to charity every year. More often than not its the other way around especially in big companies.
But at the end of the day the little people are at the mercy of the high flyers the only way to have a voice is the vote which sadly a lot of people don't use. Half of the time the vote ends up getting some in who only looks after themselves anyway.
/start sig
I love old characters that post 'I've beeen playing the game four years' when I know their account has been sold on.
/end sig |
Valan
The Fated
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Posted - 2008.10.07 11:06:00 -
[6]
Originally by: Thorliaron
Originally by: Valan
I agree thats the way should be and I must admit even though I work for what could be considered a company at the pinnacle of capitalist excess they do treat employees very well. Not only that we give millions to charity every year. More often than not its the other way around especially in big companies.
But at the end of the day the little people are at the mercy of the high flyers the only way to have a voice is the vote which sadly a lot of people don't use. Half of the time the vote ends up getting some in who only looks after themselves anyway.
but you lost all your profit today right? seeing as the markets have gone massivly down
I'm onlt trading one specific company.
Nope surprisingly I thought I would be down but I'm still ú100 up. If it dropped to ú2 my surrent investment would be down but I would be in like Flynn! I would buy a bundle more. I'm going to sit tight now until we hit the end of the financial year and sell then. The secret is out on us and the share price is holding firm despite others going under.
/start sig
I love old characters that post 'I've beeen playing the game four years' when I know their account has been sold on.
/end sig |
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