Keep in mind I am not a licensed commodities trader or stock broker or financial adviser of any kind but this stuff is NOT rocket science. If you've heard it once you've heard it a million times: buy low and sell high. Right now, BWMG is at about the lowest point it can get, although yesterday it was even lower. If you have never purchased 1,000,000 shares of anything, NOW is the time. Remember, every penny you put into ANY stock in the stock market is money at extreme risk so play only if you can afford to lose it all. Right now, 1,000,000 shares of this particular stock will set you back about $850. BUT, if it goes up to even HALF a penny, you will have made $4,200 on your $850 investment. In order for it to do that, it must go up at the same rate it did in the last 24 hours - 50% per day. In ONE WEEK. What are the odds - only God knows. Pretty neat I think.
Showing posts with label Bloomberg. Show all posts
Showing posts with label Bloomberg. Show all posts
Thursday, January 3, 2013
Thursday, September 11, 2008
Hemlines and the Economy

They say hemlines are a barometer of the state of the economy - the better the economy, the higher the hemline. Evidently, that is no longer true, or someone forgot to tell this lady. The economy does not seem to be doing well, yet, hemlines are at an all-time high. Perhaps the opposite is now true? Who really knows? Common sense tells me that nobody really knows how the economy works. Predictions are useless - even when they come - I should say especially when they come - from the most knowledgeable economists. The other day, I was guessing that the Chinese and other countries had pressured the U.S. government to take over Fannie Mae and Freddie Mac and I was right. They were behind it. They sort of pulled the plug. I even heard someone say that if these two giant lenders had collapsed, the entire world economy would have come to a standstill. Maybe we're hanging by a thread (on a short hem) and don't know it?
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