I Loaded up on Deutsche Bank at 11.80

it hasn't hit bottom yet.

Maybe not...but it will hit 22 within 6 months.

After a proposed bailout?

I would be interested on how you justified the derivities on the balance sheet.

YEAH I KNOW my last post was a spoof: I couldn't find them either ! DB will go to ZERO. There are not enough counterparties.

They are truly too big to fail. They HAVE to be bailed out. Their failure would trigger a DEEP depression worldwide.

Last Edited by *Flame Thrower* on 10/05/2016 07:40 PM

i thought they would break up the bank...

Did goldman sachs o crap rate it a sell?

If so, buy every share you can afford.

They are buyers...believe it.

Same goes for that other nutcase on cnbs what's his name....crammer.

Yeah yeah but what did they SAY?

Do exactly the opposite.

They said sell

Be careful...know a guy who spent $250,000 on WaMu stock as he thought it was a 'screaming deal' sub-$1.00; well, as they say, the rest is history....

There you go, you have your answer inverted.

Penny stocks are All JUNK and pure speculation. You'd have better odds in vegas.

This is a little different. If DB goes Europe is toast...period!

Then who bails out Credit Suisse?

At the height of the banking collapse I wanted so badly to buy all in on Citibank but was broke. It went as low as $0.88/share if I remember correctly.

Would've made a killing! Currently at $48.65

Last Edited by #521 on 10/05/2016 07:58 PM

It will go bust, its in the cards. THE SDR. [link to newsrescue.com]

Yep, this is a similar opportunity. Big money has been accumulating for 6 weeks or so.

I'm not sure you understand how big DB is. It would be like Goldman failing in the US. It CAN'T happen.

‘SDR’ – New World Order global currency being introduced by UN

Martin Armstrong even stated it is coming after the Euro and its banks collapse..

The globalist George Soros has urged Obama to push the SDR agenda and has warned that if a world currency is not established and the global economy collapses (as planned) the United States “shall cease to be the dominant financial power” and “China is liable to come up ahead.” Soros is merely running a time-tested shell game in an effort to get the U.S. to pony up for what will ultimately be its demise, again as planned. China is the model to be used for our totalitarian future.

Read more: [link to newsrescue.com]

Not a bad buy, just keep some money of the sidelines to dollar cost average if it drops further.

I used my student loan money to load up on airline stocks shortly after 911 and made a very pretty penny on them.

We shall see.

I only invest money I can afford to lose. I understand the risks involved.

I have friends who do this for a living who are betting eight figures so I am comfortable with my position.

Yeah, you could be right. Not sure tho.

Something is brewing deep in Germany. They seem to be the beginning of this financial crises. But with Deutsche, they are a big bank so I am not sure they will fall. I have seen them come clean on a lot of stuff. Which makes me love them.

So we will see how this plays.

It could go either way. I am just not sure. But to say the bottom is not in yet could be wise.

Nobody else or banks are feeling the pain they are yet, which tells me the shit hasn't hit the fan yet.

I've been watching closely and am sorely tempted.

I edited my previous post to add that Citibank is currently at $48.65

Last Edited by #521 on 10/05/2016 08:09 PM

Watch those charts on a daily basis. When they even appear to get wonky, get out!! Hope you win, but at the same time I think you need to keep your wits about yourself and your bets. Watch the charts like a junky looking for a line of coke.

My game is real estate so I don't go crazy with this type of investment. I get about one call every year or two with a recommendation like this. So far I have made real money on every trade.