Posted by: cutenepali May 7, 2009
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AAAA,
I wrote here few days ago, stress test is just a joke, bank already found or, atleast how they'll raise the capital that they need even before the stress test results were out..Look at AH trading, BAC & C are trading more than 5% , futures are up , everything looking good for another rally tomorrow..
Sold my JASO & YGE today, i will sell rest of BAC & CX tomorrow. Still holding C , still think this might get to $6 very soon.
Darkside,
Ya i bought that a while ago and I have that in my 401k , let's see if that goes to $1, which might be possible in 2-3 years if their drugs get approved, cool $20K with downside of 150 bucks. But i think the likelihood of that happening is may be 5%.