The ultimate bet.Buying household name stocks that have turned to virtual penny stock

[BrentCrude]

Anyone have the balls to buy some big name stock that has hit the skids?Is there anyone here doing so already?There is no question that the thought of Obama being president has put the fear of god in a stock market already on the ropes.

Anyone have a list of stocks on their Christmas wish list like GM,Ford,Citi Group.etc.Hell,Lazy Boy chairs and Playboy are becoming penny stocks.There are hundreds of these companies that have become american institutions that are either going to fizzle or rebound.

Maybe more people should be playing the stock market instead of gambling on sports.You have the bears and shorters against the Obama Kool Aid drinkers in denial that things haven't even started getting rough.I feel pretty confident shorting industrial strength socialism over the garden variety we have been accustomed to.

[AMBlai01]

I can't read any of your posts because it always hurts my eyes. Could you please learn to use the space bar when you end a sentence?

[tacomax]

I can't read any of your posts because it always hurts my eyes.

It's a blessing - trust me.

[fiveteamer]

LOL

[wtf]

what are you saying brent? buy or sell

[purecarnagge]

buy the following...

Aegon
John Deere
GM
Ford
Wells Fargo
AIG

these are long term 10 year solution buys...

Government won't let the financial fold, and Wells fargo is well positioned... Ford/GM/Chrystler about to be bailed out...

[fiveteamer]

I wouldn't even buy Ford/GM/Chrystler with YOUR money.

[nosniboR11]

I wouldn't even buy Ford/GM/Chrystler with YOUR money.

right there with you on that

[pavyracer]

Note to self:

Buy a keyboard with a spacebar this Christmas for BrentCrude.

[Outlawdino]

Buy the following....


gold/silver....gold/silver......gold/silver

[TPowell]

John Deere should still be a solid investment IMO

[purecarnagge]

JD is... Aegon is... they are a pension/life insurance/annuity company.

Wells Fargo is well positioned as far as a bank can be and didn't even need bailout money....

AIG is not being allowed to fail by the US government so there stock will come back...

Same will go with the big 3... There stock will come back at some point if the government bails them out...because once they start the bailout they won't let them fail they will do w/e they need to do to make them profitible again...

[lys3rg0]

The 7800 level is gone, see you at 4000 suckers...

If you want to buy low, you need to hold for 15 years to make it worth it. Wanna have your money tied up in a bet that long?

[purecarnagge]

negative. Market will not dip below 6000.

[MonkeyF0cker]

I find it simply amazing that anyone could blame the current economic situation on Obama. Were you in a coma the last eight years, Brent?

[lys3rg0]

negative. Market will not dip below 6000.

there is no support level at 6000...

[mathdotcom]

I am buying stocks in hospital equipment used to deal with obesity related illnesses, wheelchairs for relatively young fatasses, etc.

Look around you. It's only getting worse.

[wtf]

there is no support level at 6000...

hope your right! i am betting on it dropping further

[andywend]

I find it simply amazing that anyone could blame the current economic situation on Obama. Were you in a coma the last eight years, Brent?

Nobody is blaming the current economic situation on Obama.

However, the democrats deserve the majority of the blame for this credit meltdown as they not only encouraged lending to people with low incomes, minorities and those with poor credit, they actually threatened lenders for NOT making these loans and accused them of profiling against these groups.

What Obama can be blamed for is the massive decline in the stock market since he was elected as our next president.

Obama PROMISED repeatedly during his campaign to raise taxes on the wealthy, raise taxes on big corporations as well as raising the capital gains tax rate.

MonkeyFocker, I find it simply amazing that you can't understand why these things are bad for the financial markets.

Obama is directly responsible for the TRILLIONS of dollars of wealth wiped out since he won the election. Its not just the rich who are suffering from the meltdown of the stock market. Plenty of hard working people from the middle class have had their retirement plans cut in half and they have Obama to thank for it.