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iBankCoin.com — Stock Picks and Discussion

What Inning Is It Now?

by mrkcbill on June 21st, 2008 at 3:15 pm

They Didn’t tell us it was the first game of a best of 7 series.

* When they parade guys down Wall Street it just never feels bullish and then you have Dick Bove and Kass and these jag offs out there pumping this shit. 

 I would love to see the burnt toast lizard get his ass hauled out of Miami Beach swimming Pool.   What a joke nobody knows what any of these assests are worth… I guess its worth what it will sell for.  

Federal agents exit 26 Federal Plaza with handcuffed former Bear Stearns hedge fund manager Matthew Tannin, Thursday, June 19, 2008, in New York. Indictments will be handed down on Tannin and ex-manager Ralph Cioffi, both accused of securities fraud in the wake of the collapse of the subprime mortgage market which foreshadowed Bear Stearns’ own demise. (AP Photo/ Louis Lanzano)

This is messed up

Somebody got a deal?
Right on. Actually, a lot of somebodies seem to have spent a lot less money on the individual cars they bought. And for its part, CarMax made less profit on the sales. The key culprit in this dynamic appears to be gas-hogging pickups and SUVs. According to CEO Tom Folliard, “wholesale industry prices for SUVs and trucks declined nearly 25%, which is approximately four times the normal depreciation expected over this period … [and] the most rapid depreciation of any vehicle segment that we have experienced in our 15 years.

Isn’t this just great now were upside down on the house and the car…but the good news is your rate  is going up and Fuel is going up. 

One Response to “What Inning Is It Now?”

  1. GW Says:

    4th inning

     Add karma Subtract karma  +1

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