Bankruptcy By Huge American Corp By Midnight Friday: Next Stage of Financial Crisis?

"Our potential inability to address our 2008 or 2009 debt maturities in a satisfactory fashion raises substantial doubts as to our ability to continue as a going concern."


the quote gave it away...i googled it...

http://www.pbn.com/stories/36260.html

 

Good work.

Who will be the next to go down?

 

After GGP?

Probably Nortel (NT) or Borders Group (BGP).

 

How come every time I try and google stansberry research...all I come up with is......SCAM.

http://www.scam.com/showthread.php?t=21120

and

http://www.sec.gov/litigation/complaints/comp18090.htm

Edit: especially read the sec complaint

 

Yeah, that's what I did. Pretty easy to find quotes these days.

 

ok...so who has faith in this guy's report and who's shorting ggp right now?

 

Not endorsing the play at all but I'm pretty sure the newsletter is talking about GGP and is recommending buying MAS puts.

 

They talking about GGP and proposing to gain 500% by taking advantage of domino-effect in the REITs industry.
Build short positions on major REITs and buy calls on REIT index ETFs for hedge.
Now, anyone can continue the work and give me symbols, %-allocations for shorts and which calls/strikes/expirations to buy? ;-)

HLB

 

i don't think it's MAS b/c they're not headquartered in any of the states mentioned.

billybob, thanks for the leads on him..

 

Because the quote that ByLoSellHi included was from their ad trying to sell their put trading service for $2500.

So obviously ByLoSellHi is a shill for them trying to get you to subscribe to their scam put trading service.