Wall Street Manna

An irreverent look at Wall Street

Monday, September 27, 2010

Bears cry UNCLE!!!

They've been grilled!!!

Couldn't happen to a more moronic bunch!!!

22 Comments:

At September 27, 2010 at 1:17 PM , Anonymous Anonymous said...

The Feds been goosing the markets via POMO. Bernanke is expected to announce QE 2 possibly in November or early next year which will continue the money being injected into the markets. I guess the shorts never took heed to "don't fight the feds!"

Hey Palmoni, you learned anything new regarding that South American co.? I've been told that my "package" has been sent out and hopefully it'll contain new info. I must say dealing with my broker was a pain in the ass, hah!

 
At September 27, 2010 at 1:26 PM , Blogger Palmoni said...

I was given a contact person that I have to call regarding my stock conversion, but I'm not going to do that until I get back.

I've heard some good things but haven't seen anything yet in print...

 
At September 27, 2010 at 3:09 PM , Anonymous Anonymous said...

I got in touch with one shareholder who already received their new stock certs. Said there were no surprises, but I guess we'll see for ourselves.

 
At September 27, 2010 at 3:46 PM , Anonymous Anonymous said...

Any chance of posting the GS morning report. Looking for the notes on MGM.

Thanks!

 
At September 27, 2010 at 4:53 PM , Anonymous Anonymous said...

Huh?

My MGOL shares are at .14 today.

Fourteen fucking cents.

 
At September 27, 2010 at 5:12 PM , Blogger Palmoni said...

They're not at .14. You take the cost that you paid for your shares, and divide that by 1.5--and you convert your shares into the new company. Thus if you bought 1000 shares at 7.5, you would own 5000 shares at 1.5--of the new compay, that has an implied value of 3.

 
At September 27, 2010 at 5:25 PM , Anonymous Anonymous said...

How do you convert?

My shares are sitting in an Etrade account. I haven't looked at them since they went up in smoke.

 
At September 27, 2010 at 6:10 PM , Blogger Palmoni said...

In fact, right now you have a double on your invested capital. I believe Gil at Minatura will be able to help you convert.

In fact, they have a piece 8X bigger and right next to Continental Gold's Buritica gold project which has caused CNL.TO to double in the past couple months

 
At September 27, 2010 at 6:12 PM , Anonymous Anonymous said...

how do we convert the shares? i'm on scottrade

 
At September 27, 2010 at 6:15 PM , Anonymous Anonymous said...

do you have contact info to reach GIL?

 
At September 27, 2010 at 6:51 PM , Anonymous Anonymous said...

Isn't the PPM closed? They have to wait until the company formally announces something for the rest of the public holders.

 
At October 5, 2010 at 6:50 PM , Anonymous Anonymous said...

P -

based on this comment from you

"They're not at .14. You take the cost that you paid for your shares, and divide that by 1.5--and you convert your shares into the new company. Thus if you bought 1000 shares at 7.5, you would own 5000 shares at 1.5--of the new compay, that has an implied value of 3."

if they don't "convert" the shares are they worthless? can i just hold on to them and let them convert?

 
At October 5, 2010 at 6:51 PM , Anonymous Anonymous said...

not sure if you could share more? but if you can that would be great. how do we take our cost to convert?

 
At August 17, 2017 at 10:44 PM , Blogger Unknown said...

michael kors outlet handbags
adidas nmd r1
kobe 9
air jordan
kyrie 3
ultra boost
adidas superstar
http://www.uggoutlet.uk
prada sunglasses
kobe shoes

 
At June 11, 2018 at 4:07 AM , Blogger Unknown said...

zzzzz2018.6.11
pandora
coach outlet
coach outlet
nike huarache
red bottom shoes
christian louboutin outlet
longchamp outlet
dsquared
michael kors outlet online sale
ed hardy clothing

 
At July 6, 2018 at 10:29 PM , Blogger Unknown said...

golden goose starter
christian louboutin
michael kors outlet store
tom ford sunglasses
adidas yeezy
moncler
oakleys sunglasses
lacoste polo
tom ford glasses
air jordan 12

 
At July 25, 2018 at 4:11 AM , Blogger Unknown said...

qzz0725
ray ban sunglasses
karen millen dresses
birkenstock outlet
michael kors
ray ban sunglasses
michael kors outlet
ray ban sunglasses
uggs outlet
kate spade outlet
ugg outlet

 
At September 7, 2018 at 12:24 AM , Blogger zzyytt said...

longchamp handbags
golden goose
air yeezy
hermes online shop
kobe basketball shoes
lebron james shoes
red bottoms
yeezy shoes
nike cortez men
coach outlet online

 
At October 10, 2018 at 2:16 AM , Blogger 5689 said...

zzzzz2018.10.10
ugg boots
tory burch outlet
moncler jackets
nike shoes
louboutin shoes
supreme clothing
pandora jewelry
ray ban sunglasses
louboutin shoes
nba jerseys

 
At January 19, 2019 at 3:04 AM , Blogger zzyytt said...

nike air max 2017
golden goose outlet
yeezy shoes
100% real jordans for cheap
adidas shoes online
air force 1
mbt shoes outlet
adidas yeezy
balenciaga shoes
hermes belts for men

 
At May 13, 2019 at 12:38 AM , Blogger yanmaneee said...

kyrie 5 shoes
hermes
nike vapormax
lebron 15 shoes
michael kors handbags
kd 11 shoes
adidas tubular shadow
adidas superstars
cheap jordans
fitflop

 
At June 29, 2019 at 9:00 PM , Blogger rasheed said...



افضل شركة تنظيف مجالس بالدمام شركة تنظيف مجالس بالدمام
شركة تنظيف سجاد بالدمام شركة غسيل سجاد بالدمام

افضل شركة كشف تسربات المياه بالمدينة المنورة شركات كشف تسربات المياه بالمدينة المنورة
شركة كشف تسربات المياه بالاحساء  شركة كشف تسربات المياه بالاحساء

 

Post a Comment

Subscribe to Post Comments [Atom]

<< Home