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So You Think You Are Rich
The bigger they are...
... the harder they fall
China's bubble is bursting with the weakest (fraud) links hit first as margin-loan pressure builds. After rallying well over 500% year-to-date, these 3 stocks (among many) stand out as the biggest losers:
- Digital Domain Holdings became the latest Hong Kong stock to tumble after surging more than 500 percent in a matter of months, following declines in Hanergy Thin Film Power Group Ltd. and Goldin Financial Holdings
- Goldin Financial, a broker that provides short-term corporate financing, fell 43% Thursday, wiping out $12 billion of market value
- Hanergy share price plunge and subsequent indefinite halt dethroned Li Hejun as China's richest man
But there is still hope for even the very biggest of them all - the infamous Beijing Baofeng Technologies IPO (up 4,200% in the 55 days after its IPO) - which "pending the disclosure of an important issue" has been halted for 2 weeks now at its record highs.
Is that the trick to not killing a bubble: Halting geverything? If so that is precisely as we predicted in our observation that the entire market has noe become like CYNK.
So are you rich, if only on paper... or about to get the biggest margin call of your life?
Charts: Bloomberg
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When this is done Chinese will be setting BMW'S and above on fire in Shanghai and Beijing.
It will be Chevy s in defiance of our hacking of certain Chinese equity instruments./s
The food & utility corps have some serious economic & financial terrorism planned for the masses....
These broke fools, aka gov. wasters et al, are going to get greedy, and the corporations will respond in kind....
Seems like this collapse would have a ripple effect as they rush to liquidate overseas holdings to meet local margin calls. There has to be a lot of Chinese money in NFLX, TSLA, etc.
Bill Maher, Ann Coulter spar over immigration:
http://tinyurl.com/pxm8osj
I'm making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do... www.earnmore9.com
Spiffy, just spiffy. Welcome to the jungle..... https://www.youtube.com/watch?feature=player_detailpage&v=kr8-E8may2Y
See you and raise you:
https://www.youtube.com/watch?v=L-ziNf7pP4I
I am fucking loaded! I got this little guy who has my name. Fuck the bankers...fuck the politiicians.
I do not need some fucking financial product to give me wealth.
https://www.youtube.com/watch?v=An2a1_Do_fc
Score one for the dark!!!! >>>> https://youtu.be/4xmckWVPRaI
Element...im all in.
https://www.youtube.com/watch?v=6ODNxy3YOPU
RIPS
Count me in!
https://www.youtube.com/watch?v=kQadzC9zDA8
This is a list of major rebellions that have occurred in China.
https://en.wikipedia.org/wiki/List_of_rebellions_in_China#Zhou_Dynasty
Something tells me the rebellion is about to go global SOON!
As long as the umbrella manaufacturers keep going up at 400%, I'm good.
They will blame it on some odious daytraders. Call up s firing squad and execute them in public. Stock market opens again.
I sure hope not. I for one enjoy starting my day with a nutritious and delicious banana.
The only reason the Chinese government is pushing this garbage on its people with loose margin accounts is because the realestate bubble is exhausted and going to bankrupt most Chinese,
And second if they pushed Chinese into gold and silver those charts would be for real, and China s world gold accumulation would be over.
China isn't actually pushing anyone into anything. I can walk to ICBC right now and buy a brick of gold. If you want gold, it's right there.
People chose stocks for this round of mania. In 2011, they chose gold, so I guess that's why everyone was hesitant to bubble that commidity up this time. Too mnay still remember 2011, which was a huge event here in China, much worse than it hit the average non-ZHers in the west.
I have sacks of silver. I am rich.
:)
Before of after the bubble popped?
Have. Present tense.
I have a sack with two testicles in it....I'm loaded.
Well don't just stand there spread some love!!! :D
(E.g. go get some hookers & blow (jobs) )... :D
Thought I was rich -
Just rename any of those "precious metals"
If I have to work then I'm not rich.
If I get free money from the Government I am rich.
Getting paid not to work.......Priceless!
a margin call hammer - MC Hammer
cant touch this (...wealth ?) https://www.youtube.com/watch?v=otCpCn0l4Wo
<---I have stacks of silver.
<---I'll be facing the biggest margin call of my life when $#!+ hits the fan.
We Too Lo
Alternative Ulster
https://www.youtube.com/watch?v=nTO7nXw4StY
HASSAN CHOP !
What? You've never seen pump and dump before? It keeps the financial sociopaths wealthy.
I think the China central bank will soon begin some 'equities buying' to keep the sheeple happy and consuming.
China buying up So Cal. One million dollars for a 2,000 square foot stucco boxes in Irvine. What a great investment. Oh wait....
http://www.naturalnews.com/049630_california_water_crisis_climate_refuge...
My brother sold his house in Arcadia, Ca for 550,000 in 2006 ... on zillow it's now 1.6 mil
Speed kills.
I'll trade you a late model BMW for 3 venezuelan hookers, and a case of toilet paper. ;-)
I loved the BMW 2002.