• BullionStar
    05/30/2016 - 21:24
    The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical...

$286 Million BWIC Due Tomorrow: Another Galleon Casualty?

Tyler Durden's picture

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Thu, 10/22/2009 - 16:13 | 107255 mdtrader
mdtrader's picture

Amazon knocks it out the park big time. Looks like there is no consumer recession after all. AAPL & AMZN simply unstoppable.

Thu, 10/22/2009 - 18:26 | 107465 Cursive
Cursive's picture

I guess there is a great business in selling below-cost books.  Is that worth 50x to 60x earnings when WMT trades at 15x?

Thu, 10/22/2009 - 16:22 | 107270 etrader
etrader's picture

There's plenty of disposable income when people don't pay mortgages/Car loans or other debt.... Why waste the money on debt when you can buy all that "must need "stuff off line or the apple shop...

The Government will take care off those other pesky payments....


Thu, 10/22/2009 - 16:23 | 107273 mdtrader
mdtrader's picture

Yeah fair enough. Misjudged the consumer I have. The force is definitely not with me on AMZN. Such is life, you win some you lose some.



Thu, 10/22/2009 - 16:38 | 107291 ZeroPower
ZeroPower's picture

Bid wanted in competition.

Thu, 10/22/2009 - 16:51 | 107309 curbyourrisk
curbyourrisk's picture

Have fun selling that crap!!!!

Thu, 10/22/2009 - 18:40 | 107495 Cognitive Dissonance
Cognitive Dissonance's picture

Overheard at lunch with Ben B as he scanned the BWIC menu.

I want one from column A, one from column B and two from column C.

And could I get some duck sauce with that and a refill on the tea? Thanks.

Thu, 10/22/2009 - 18:38 | 107496 Rollerball
Rollerball's picture

I wish I could watch this on Ebay.

Thu, 10/22/2009 - 19:27 | 107568 ZeroPower
ZeroPower's picture

i would bid, not pay, and leave negative feedback.

Thu, 10/22/2009 - 20:41 | 107649 What_Me_Worry
What_Me_Worry's picture

Ooh, they have some AXL debt.  Sign me up at 100 cents on the dollar!

Negative book value is a good thing now, right?

Thu, 10/22/2009 - 20:49 | 107657 Anonymous
Anonymous's picture

BWIC is an acronym for...?

Thu, 10/22/2009 - 22:40 | 107794 Anonymous
Anonymous's picture

Bid Wanted In Competition (BWIC

Fri, 10/23/2009 - 08:54 | 108062 Anonymous
Anonymous's picture

its definitely not galleon

Fri, 10/23/2009 - 13:40 | 108393 Anonymous
Anonymous's picture

where is this one coming from? how about any of the other ones this week? Heard it was profit taking from guys who bought in earlier this year.

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