Discussion in 'Stocks' started by otcstockfund, Aug 27, 2008.

  1. Pretty clear hint today that SKF gonna trade near 200 again in a few months
    "Federal Deposit Insurance Corp. Chairman Sheila Bair said Tuesday her agency might have to borrow money from the Treasury Department to see it through an expected wave of bank failures."

    Small bank failures such as last wks will take a long time to draw on FDIC reserves, but bigger fish such as WM, NCC, WB will require borrowing from the treasury, why prepare to borrow unless there is a good chance its going to happen


    I already own SKF and may add more soon
  2. tdadlani


    It will get past $150