thanks for replying

I am no financial expert too, but normally before I put my money to something I need to understand what it is first, so if it goes wrong, I want to make sure it is my own fault. that is why i always raise questions like that.

I did not have time to study financial data of the companies you were talking. but after i had my little taste of merrill lynch's CDO sale last week, I am really skeptical of the whole financial industry. (basically merrill lynch sold billion dollars of the stuff on 22c per dollar to a shell company and doing 75% financing of the trade.so they are not even off the hook ! that is enron type accounting).how do you know, behind door, there are no bad trades happening in the stocks you are talking about. unfortunately we are talking about billions not millions dollar here.

it is ok if you feel lucky to play those stocks, just like playing slot machine, I was once hit 200 bucks with 75c in, should I call it investment with high return ?

所有跟帖： 

• 回复：thanks for replying -longtermInvestor- ♂ (2634 bytes) () 08/09/2008 postreply 22:54:52

• as long as you know what you are doing -大猪头- ♂ (1239 bytes) () 08/10/2008 postreply 01:03:09

• thanks for reminding the risk (图) -longtermInvestor- ♂ (2801 bytes) () 08/10/2008 postreply 10:40:25

• forgot to mention, abk, mbi only insures senior tranch -longtermInvestor- ♂ (23 bytes) () 08/10/2008 postreply 10:42:11

• no, people are HOPING the worst is over -大猪头- ♂ (154 bytes) () 08/10/2008 postreply 18:58:52

• buying undervalued asset and catching -longtermInvestor- ♂ (185 bytes) () 08/10/2008 postreply 23:21:14

• you are assuming they are always right. -大猪头- ♂ (0 bytes) () 08/11/2008 postreply 11:21:33

• I am assuming nothing, just try to illustrate -longtermInvestor- ♂ (134 bytes) () 08/11/2008 postreply 16:47:42