Time for the C double?

Discussion in 'Stocks' started by dumpandbasher, Nov 20, 2008.

  1. going to $2

    buy anything but financials

    buy tech, energy, ewz, qqqq
     
    #11     Nov 21, 2008
  2. Well there is a very hight probability taht they could be bought out also
    It is a matter of time
    There are rumour that there might be something going on between GS and c something could be possible over the weakend
     
    #12     Nov 21, 2008
  3. C is trading ABOVE $4 !

    Increadible! How did it get so high?!


    :)
     
    #13     Nov 21, 2008
  4. eagle

    eagle

    Looks like C problem must get resolved this weekend. If not, then punishment on Monday... :(
     
    #14     Nov 21, 2008
  5. da-net

    da-net

    Wal Mart has been trying for years to become a bank and reduce its cost on CC processing, plus they use to talk about them doing to the banking & CC industries what they did to the local corner store...

    Is it time that the fed allowed Wal Mart to take over a bank in trouble...if so why not Citigroup?
     
    #15     Nov 21, 2008
  6. I thought of that too but I don't think Walmart would want to take on huge amounts of debt and hard to value assets onto their own balance sheet. I think Walmart will eventually create their own bank and start off by doing check cashing services, etc... in their stores.
     
    #16     Nov 21, 2008