Stock market V20, Bull mali mali..
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 Jan 21 2009, 06:13 PM
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#1
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134 posts Joined: Nov 2008  
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QUOTE(AdamG1981 @ Jan 21 2009, 06:05 PM) Yup, i have a hunch that he's going to nationalize Citigroup this or next week. And they will backstop all bad debts in the US financial system. TARP is likely to be expanded. what will happen to common shareholder if the U.S. government nationalize citigroup, will the stockholder be wipe-out or and hence crytalize paper lost?   |
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Jan 21 2009, 06:22 PM
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#2
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134 posts Joined: Nov 2008
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QUOTE(AdamG1981 @ Jan 21 2009, 06:17 PM) Common shareholder will be wiped out, US government debt tripled or quadrupled, usd becomes toilet paper. Market will rally.... I see... sorry to clarify further  so if a trader buy into citigroup at 2.80 today, and the government nationalize it... means he will lost everything from this counter or the government will buy back the stocks from the common shareholder at market value, hence getting back some money at fair market value or slightly higher?This post has been edited by smooth9: Jan 21 2009, 06:23 PM |
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Jan 21 2009, 06:43 PM
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#3
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134 posts Joined: Nov 2008
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QUOTE(AdamG1981 @ Jan 21 2009, 06:34 PM) To be more specific, there will be a massive dilution, that's why the shareholder gets worthless shares. One good example is AIG. I see I see, thanks for the information Adam  |
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