How Do You Not Go Long Financials?

By: ispeculatornew
Date posted: 09.19.2008 (12:32 pm) | Write a Comment  (5 Comments)

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The government is on the verge of rescuing banks from billions of dollars in bad debts and the SEC has announced a temporary ban on short sales in financial institutions. I don’t see how an investor cannot grab some shares in financial stocks.

I bought shares of WM and NCC today.

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Tags: buy financial stocks, NCC, WM

This entry was posted on Friday, September 19th, 2008 at 12:32 pm and is filed under Stock Opinions. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

1. Comment by m — September 25, 2008 @ 10:57 pm
   

   Well I had bought WM a day before you recommended for around 2.5$ and I got screwed big time today !!!
   Have lost my confidence in financial stocks

2. Comment by kyle Locke — January 29, 2009 @ 1:25 am
   

   Thanks. Its what I was searchin for.

3. Comment by Rebecca Shaw — February 14, 2009 @ 9:33 pm
   

   Nice, I think it could be interesting to add some more entries following this one, and probably it’s not only me having this opinion. Cheers!

4. Comment by tanya kochenko — June 14, 2009 @ 10:15 pm
   

   Your blog is amazing, i first landed to another post but then get interested and thought, i will just look a little more arround to see what else i can find out about such stuff 🙂

5. Comment by kim gomez — June 17, 2009 @ 6:58 am
   

   Can you provide more information on this, or do you have some resources you can share where i can get more of such stuff?

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