Top 83%
Are they going to crash and burn altogether, or is this a gold mine?
If these companies are going to start some kind of a recovery then there could be hundreds of percents to be made here.
I would like to hear what the community thinks about it.
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By all means, keep the ball rolling and post a new opinion.
Top 1%
DowJonesDave
Aug 21 at 8:08 ET
leveraged 50 to 1 crash and burn or bailout. Bailout politically difficult.
Top 1%
DowJonesDave
Aug 21 at 8:09 ET
Probably will go into receivership.
Top 2%
Cosmic
Sep 06 at 9:13 ET
Bailout was alway inevitable in my mind. Not sure I understood the implications to stock holders of a bailout. Anyone have any clarity on that?
Top 1%
dirtyharry
Sep 06 at 2:15 ET
Best picks: MBI and ABK. It's a better way to play the recovery. These are the insurance companies that should no longer go under because of the gov't bailout. Still I'd wait here for a little pullback.