- advertisements -
Junker Stock Watch:
Why don't you post 15 charts in a separate entry so I don't have to scroll through them? Only the CIT chart is relevant to this post.
Why don't you suck it up. I like them.
Oooh! My heart is pounding , my palms are sweating, and I'm panting. Those charts are pure financial porn. Keep 'em coming.
Don't forget FRE and FNM.
No reason to panic folks, the good news is that Goldman Sachs swooped in last month and contractually locked up all of the assets of CIT from under the noses of those pesky shareholders. So it is all good!
Parabolic Screamer Watch:
Everyone got their rubbers?
I still have to go to Le Mans.
this situation is hiilarious
btw thx for the hotties once i get forexbot installed i will be rolling in the cash. i heard this attract hot women.
Futures indicated stocks would be down. Instead, dip buyers moved in and ran SPY up almost 0.5% in front of the ISM at 10:00. Makes no sense unless you have a good idea ISM will not disappoint.
clearly number leaked @ around 9:45am
CIT has nothing to worry about. How can you kill something that isn't alive?
Hal9000: Come on baby needs a new pair of Fusion I/O drives.
Makes sad smiley emoticon to the other computers.
CIT needs to do a 1-20 reverse split like AIG. Then the stock can be manipulated higher. Then the secondary can be priced.
No Comment : http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=AP&d...
"Deferring interest payments can help CIT Group continue to reduce its near-term debt burden, furthering its efforts to remain in business after nearly collapsing earlier in the year."
You see it's positive news! - So CIT will rally straight to 100$, they invented institution who can borrow but is no obligated to return debt, Fantastic! This is free market I like, you are free from everything!
They should outsource something to Chindia.
They should outsource thier lobby to house "lobbyists" in India. Then they outsource thier accounting in "WhereHouses".
The markets today remind me of ED-209 in the first Robocop when it falls down the staircase and twitches wildly when it can't get up.
All your machine are belong to broken?
Better keep an eye on these Psycho Chicks....
Their mood swings tend to lead the overall market.
Were there charts in there?
Thanks for the chart porn!!.... lol
I cannot believe that you threw Kathy Lee Gifford in there again... what is your deal with her?
In the case of CIT trading volume and liquidity seem to be two very different animals.
The volume is some million shares a day but CIT can not issue stock to make the required payments. In other words, the market is illiquid.
That means that High Frequency Trading does NOT add liquidity, only volume.
So, what is the justification for HFT besides the profit for the traders?
A couple of low-grade hookers getting squeezed...
If there lobby is so great, why don't they just sell it to the US taxpayer for $500 billion? Heck, the taxpayer will buy anything. Obama could even trot Geithner out to explain how we're gonna make a profit on that lobby. At least 85% of the public, including 100% of NYT reporters, would believe it.
Hahahaha!! I walk past it daily, not sure what my IRR would be on a $500Bn purchase of purchase of the CIT lobby, but heck, I'm sure it will be negative. Would this be a green shoot?
I just bought a ton of calls on CIT and AIG...why? because it seemed like the dumbest thing to do.
Thx Robot for the ......err..uh...blowup of your avatar.
It's clear now that she is most definitely sporting a push-up. A more perfect metaphor for this market is unlikely to be found.
I love this. The CIT drama is so fun to watch, keep up the coverage.
educate people on how the 401k system has been used to scam everybody since 1982!!
good articles; good articles 4 slow news day ..http://www.. hat tip: finance news & finance opinions
Hey, these charts aren't so bad!
1. The guy posting the nude pics should be kicked off. It totally drags down the performance of the rest of the site.
2. Does this constitute a default for CIT, if so what is going on in the credit?
there are no nude chics on this page.
i think you should be kicked off for not knowing the difference.
Why do the pics of chicks show them with clothes on? Who looks at pictures of girls on the internet with clothes on!?!?
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.