View Single Post
Old 03-05-2009, 12:02 PM  
Splum
Confirmed User
 
Join Date: May 2003
Location: USA
Posts: 6,195
I just took a look at some of the "sin stock" and I believe you are either a) full of shit or b) some kind of penny stock trader
Are you telling me you sell short ETFs in a market like this AND make money?

Quote:
Originally Posted by Magnus View Post
It is a great idea to buy stocks right now, next month and following months until you hear about that glass bottom, a little monthly at a time.
- sin stock - Cigs, Booze, Junkfood
- High yield dividends from companies that make stuff people need daily (cleaning/washing supplies etc)
- If you like to play daily like me, you short sell ETF's and Options.

So yes.. blame Obama, sit around and watch your your tax dollars go to out of date bloated companies with products and industries people don't want, with massive grandfathered union debts and 60 years of pensions to keep paying out.
Splum is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote