AMBAC der Phönix aus der Asche? - 500 Beiträge pro Seite (Seite 17)
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Beiträge: 35.982
ID: 1.138.891
ID: 1.138.891
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Titel | letzter Beitrag | Aufrufe |
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vor 1 Stunde | 5417 | |
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vor 1 Stunde | 3364 | |
vor 55 Minuten | 3136 | |
heute 16:21 | 1843 | |
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heute 16:23 | 1648 | |
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Meistdiskutierte Wertpapiere
Platz | vorher | Wertpapier | Kurs | Perf. % | Anzahl | ||
---|---|---|---|---|---|---|---|
1. | 5. | 18.784,69 | +0,46 | 150 | |||
2. | Neu! | 23,960 | +36,77 | 54 | |||
3. | 1. | 9,6700 | +3,42 | 48 | |||
4. | 3. | 54,00 | +13,92 | 44 | |||
5. | 20. | 0,2070 | -1,43 | 39 | |||
6. | 2. | 163,56 | -1,02 | 39 | |||
7. | 8. | 0,3330 | +10,63 | 36 | |||
8. | 22. | 5,8280 | -0,27 | 29 |
Antwort auf Beitrag Nr.: 35.911.525 von pacoraban am 11.11.08 14:54:01Hallo pacoraban,
wie hoch ist denn der Cash-Bestand?
Welche laufenden Ausgaben hat ABK?
Danke & Grüße,
watch&learn.
wie hoch ist denn der Cash-Bestand?
Welche laufenden Ausgaben hat ABK?
Danke & Grüße,
watch&learn.
Antwort auf Beitrag Nr.: 35.911.696 von watchandlearn am 11.11.08 15:12:25geh auf den consilidated balance sheet, dort findest du alles
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5968…
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5968…
Antwort auf Beitrag Nr.: 35.911.755 von marcanthony am 11.11.08 15:17:29Also ca. 92 Mio $ Cash zum 30.09.!?
Ausgaben ca. 750 Mio $.
Einnahmen ca. - 2,3 Mrd $.!?
Hm... glaube nicht, daß das 5 Jahre reicht.
Eher für 'nen kurzen Zock wenn die Fed eingreift.
Ausgaben ca. 750 Mio $.
Einnahmen ca. - 2,3 Mrd $.!?
Hm... glaube nicht, daß das 5 Jahre reicht.
Eher für 'nen kurzen Zock wenn die Fed eingreift.
Antwort auf Beitrag Nr.: 35.911.525 von pacoraban am 11.11.08 14:54:01Na, immer noch strongest buy?
Antwort auf Beitrag Nr.: 35.912.290 von SLCRacer2008 am 11.11.08 16:10:40hast du keinen garten wo du den frust loswerden kannst
ist doch ne menge laub zu kehren
keiner von uns hat behauptet abk ist strongest buy
also ab in den garten und sei dort produktiv
ist doch ne menge laub zu kehren
keiner von uns hat behauptet abk ist strongest buy
also ab in den garten und sei dort produktiv
Antwort auf Beitrag Nr.: 35.912.290 von SLCRacer2008 am 11.11.08 16:10:40sag mal ne Frage: bist du gehässig?
Schon mal von Hauff das kalte Herz gelesen?
wenn ja dann solltest du dich für deine Aussagen schämen....
ich habe gestern liquidiert mit 500 Euro Verlust auf meine daytrading posi 10k bei 1,30 rein und bei 1,25 raus ja zu früh gefreut und gehofft der gestrige Kursverlauf stimmte mich zu verkaufen und es war richtig,ich habe immer noch meine Long-posi
und das mit dem strongest buy musst du mir mal erklären ich würde hier niemanden raten diese Aktie zu kaufen da sie viel zu schwankungsanfällig ist und es bei vielen Nerven kosten kann
wenn ich irgendwo oder irgendwann in den letzten Tagen dies gepostet habe bezog sich a dieses mehr auf das Momentum und zweitens wahrscheinlich in einem Zusammenhang der eher nicht ganz ernst gemeint ist, trotzdem bin ich persönlich von dieser Aktie weiterhin überzeugt
Schon mal von Hauff das kalte Herz gelesen?
wenn ja dann solltest du dich für deine Aussagen schämen....
ich habe gestern liquidiert mit 500 Euro Verlust auf meine daytrading posi 10k bei 1,30 rein und bei 1,25 raus ja zu früh gefreut und gehofft der gestrige Kursverlauf stimmte mich zu verkaufen und es war richtig,ich habe immer noch meine Long-posi
und das mit dem strongest buy musst du mir mal erklären ich würde hier niemanden raten diese Aktie zu kaufen da sie viel zu schwankungsanfällig ist und es bei vielen Nerven kosten kann
wenn ich irgendwo oder irgendwann in den letzten Tagen dies gepostet habe bezog sich a dieses mehr auf das Momentum und zweitens wahrscheinlich in einem Zusammenhang der eher nicht ganz ernst gemeint ist, trotzdem bin ich persönlich von dieser Aktie weiterhin überzeugt
Antwort auf Beitrag Nr.: 35.912.378 von pacoraban am 11.11.08 16:17:53Also doch strongest buy oder was denn nun?
Antwort auf Beitrag Nr.: 35.912.417 von SLCRacer2008 am 11.11.08 16:22:27sry
aber typen wie du sind einfach erbärmlich!!!!
du machst dich hier über lezte lustig die tlw sehr hoch gekauft haben und jetzt nur noch entweder aussitzen oder mit hohem verlust verkaufen können
such dir doch ein anderes forum wo du dich ausbreiten kannst
aber typen wie du sind einfach erbärmlich!!!!
du machst dich hier über lezte lustig die tlw sehr hoch gekauft haben und jetzt nur noch entweder aussitzen oder mit hohem verlust verkaufen können
such dir doch ein anderes forum wo du dich ausbreiten kannst
Antwort auf Beitrag Nr.: 35.912.417 von SLCRacer2008 am 11.11.08 16:22:27du hast meine Frage nicht beantwortet?
Antwort auf Beitrag Nr.: 35.912.503 von marcanthony am 11.11.08 16:30:06ich gehöre zum Glück nicht dazu 500 euronen verloren okay aber habe mit abk auch genügend Gewinn realisiert das sind die 500 ein Tropfen auf dem heissen Stein
Antwort auf Beitrag Nr.: 35.912.378 von pacoraban am 11.11.08 16:17:53warum bist du von der Aktie überzeugt, gib mir einen Grund warum sich hier ein Einstieg lohnen könnte, ist ernst gemeint
Hab ich denn mit meinen Zahlen recht bzw. sieht das jemand anders??
Antwort auf Beitrag Nr.: 35.908.089 von pacoraban am 11.11.08 07:57:57Hallo paco!
Hatte heute - Gott sei Dank - einen langen, anstrengenden Tag ausser Haus und ohne Internet...
Somit habe ich diesen Abrutscher heute total "relaxed" gesehen.
Nicht schlecht... meine Position unter €1,- ist gestellt, sofern wir sie erreichen werden.
Freitag ist Zahltag!
Hatte heute - Gott sei Dank - einen langen, anstrengenden Tag ausser Haus und ohne Internet...
Somit habe ich diesen Abrutscher heute total "relaxed" gesehen.
Nicht schlecht... meine Position unter €1,- ist gestellt, sofern wir sie erreichen werden.
Freitag ist Zahltag!
Antwort auf Beitrag Nr.: 35.912.417 von SLCRacer2008 am 11.11.08 16:22:27Auf menschlich so erbärmliche Typen wie Dich können wir verzichten.
Verschwinde!
Verschwinde!
Antwort auf Beitrag Nr.: 35.912.727 von marvessa am 11.11.08 16:51:57warum bin ich überzeugt:
Nochmal ein netter Text der einen über abk mehr aufklärt und die Situation:
Municipalities Squeezed In Bond Market
by Alex Blumberg
Listen Now [8 min 19 sec] add to playlist
Enlarge
Philadelphia plans to fund an expansion of the Pennsylvania Convention Center (above) by issuing bonds. Courtesy Pennsylvania Convention Center
In Depth
Ask, Debate, Podcast
The Planet Money Blog
Read The New York Times Story
From Midwest To M.T.A., Pain From Global Gamble
More In The Series
Nov. 7, 2008
Irish Bank's Rapid Global Growth Bought TroubleNov. 7, 2008
Wisconsin Schools Shocked By Bad InvestmentNov. 4, 2008
Wis. Schools' Money Tied To At-Risk German BankNov. 2, 2008
Wis. School Investment Has Worldwide Implications
All Things Considered, November 7, 2008 · When Rebecca Rhynhart looks over plans expanding the Pennsylvania Convention Center, the Philadelphia city treasurer sees more than additional space for holding meetings and expos.
In a very real way, Rhynhart is looking at bonds — at the IOUs the state will issue to raise a couple hundred million dollars to fund the project. States and cities issue bonds all the time, to build water systems, roads, police stations, schools. All the infrastructure you see around you is funded with bonds.
And wherever they begin in America, those bonds go through the center of global finance, Wall Street. The system worked pretty well until recently, when problems started with relatively new ways of issuing bonds. In the 1990s, cities made the move from fixed-rate bonds — which paid a predictable amount of interest — to variable-rate bonds.
For cities, the variable-rate bonds seemed to offer a cheaper way to raise money. They wouldn't get stuck paying high rates over a decade or two, if the interest rates fell after the original loans were made.
"I think they were popular," Rhynhart says. "They offered what looked to be a lower all-in cost."
But what looked to be and what turned out to be were very different.
What Is A Liquidity Bank?
In order to begin understanding what has gone haywire in the once boring world of bonds, you need to understand a situation like Rhynhart's. She needs to do two things before she can issue a variable-rate bond. She needs to get insurance from a special insurance company that insures bonds. And she needs to get a bank to agree to be something called a "liquidity bank."
The way you make a variable-rate bond work is by having a liquidity bank attached to it. This liquidity bank is, essentially, a safety net. If you own a variable-rate bond you want to sell, and can't find a buyer for it, the liquidity bank promises to step in — to be the buyer of last resort.
Every variable-rate bond issue has to have a liquidity bank attached to it. And who was one of the biggest liquidity banks out there?
The answer is Depfa, an Irish bank with a German owner, the same bank that lent to a string of five school districts in Wisconsin.
Rhynhart has seen her own chain of unfortunate events. "We do have some bonds that have Depfa as the liquidity bank, and they are almost all in the liquidity bank, because no one wants to buy them," she says.
That's bond-speak for: "Something has gone very, very wrong."
When Normal Stopped
The job of a liquidity bank like Depfa seemed simple: Collect a small yearly fee in exchange for being the liquidity bank, and never be called on as a backstop.
If I have a variable-rate bond that I want to get rid of, I hand it back to the Wall Street firm managing that bond, and that firm finds another buyer in seconds. The $2 trillion market in bonds worked so routinely and so seamlessly that it was basically invisible.
The notion that a variable-rate bond couldn't be remarketed — that's the technical term for "sold to someone new" — was ludicrous.
But this year, that notion went from ludicrous to frighteningly real. The problems began with the insurance companies. And a handful of insurance companies covered municipal bonds, firms like MBIA and FGIC and Ambac. Late in 2007, these firms found their credit ratings slipping.
Kathy Clupper works for a company that advises municipalities about bond issues. A 20-year veteran of the industry, she describes this as a big deal.
"When we started hearing that the bond insurers were getting downgraded, it was unbelievable," she says. "Nobody ever considered that a AAA bond insurer would get downgraded. Or that all of them would get downgraded."
No one considered it because, historically, insuring municipal bonds was not risky business. Municipalities almost never default on their bonds. The cumulative default rate on all municipal bonds issued between 1987 and 1994 was less than 1 percent. The library never misses a payment; the school district never misses a payment. The city of New Orleans, even after being devastated by Katrina, didn't miss a payment.
So how did these bond insurers, who collect premiums and never pay claims, manage to get themselves downgraded? Earlier this decade, they started insuring something besides municipal bonds: subprime-mortgage-backed securities. Enough said.
The bond insurer downgrades had consequences for Philadelphia treasurer Rhynhart. Her office issued $290 million of variable rate bonds last year. It used one of the main AAA bond insurers out there, a company called FGIC. Everything was going fine, until FGIC got downgraded.
"And [to] investors suddenly it was, 'I own this bond, and it has this FGIC name on it ... I don't want to hold this bond anymore,'" Rhynhart says. "That insurer, that was supposed to protect and provide some extra bondholder security, they become the burden on the deal, rather than assisting us on the deal."
The burden specifically was when no one wanted the bond — that's when the liquidity bank, the buyer of last resort, has to step in. Banks like Depfa. But these banks were reluctant saviors. They didn't want to own these bonds either. It's a big hassle to buy them. And when they do it, lots of fine print kicks in. The interest rates go much higher, and the terms, in some cases, shrink. So a town that thought it had 30 years to pay its debt, when the bond goes back to the bank, it now has 10 years, or seven years. Its payments skyrocket.
Clupper's client, a school district, is in just that situation.
"They may have budgeted, you know, $1 million a year for this bond issue; now they all the sudden have to pay $2 million or $3 million in principal that they hadn't budgeted, and that's significant for a lot of school districts," she says. "So now they have to pay more, more in interest and more in principal."
The Ripple Effect
And the problems don't end there. In the case of Depfa, its financial situation is so bad that it has been downgraded as well. And that makes it even harder to find a new buyer for a bond with its name on it, because if both the insurance company and the buyer of last resort might not be around to fulfill their obligations, now investors really aren't interested.
And so all across the country, towns and cities are stuck. They have their bonds at the bank, with rapidly increasing interest rates and payment schedules.
"There's no bond insurers that are out there, to step in the shoes of the FSAs and FGICs and the Ambacs," Clupper says. "So there's no moves left for a lot of these municipalities."
Rhynhart and Clupper both say that the municipalities will figure some way to keep making their payments. They always do. But it'll cost them, and by extension, everyone — in slightly higher taxes, or water rates, or hospital bills.
The kicker of this whole thing is that the municipalities are only doing what they've always been doing: issuing bonds, and paying them back with interest. It's the institutions that were supposed to guarantee them, the insurance companies and the liquidity banks, that have gotten in trouble. It's as if you bought auto insurance, and then your insurance representative came over to your house, got liquored up, totaled your car, handed you back the keys and said, that'll make your rates go up. Everything is upside down.
And all over the country, municipalities are learning the same lessons that the school districts in Wisconsin learned, and that the board of the bank of Depfa learned.
Complexity can make things more efficient, and going global can make you money or save you money, but it also exposes you to risks that you might not foresee. If the school districts and transit agencies didn't understand that trade-off before, they're getting a painful lesson now.
Alex Blumberg is a producer with Chicago Public
Nochmal ein netter Text der einen über abk mehr aufklärt und die Situation:
Municipalities Squeezed In Bond Market
by Alex Blumberg
Listen Now [8 min 19 sec] add to playlist
Enlarge
Philadelphia plans to fund an expansion of the Pennsylvania Convention Center (above) by issuing bonds. Courtesy Pennsylvania Convention Center
In Depth
Ask, Debate, Podcast
The Planet Money Blog
Read The New York Times Story
From Midwest To M.T.A., Pain From Global Gamble
More In The Series
Nov. 7, 2008
Irish Bank's Rapid Global Growth Bought TroubleNov. 7, 2008
Wisconsin Schools Shocked By Bad InvestmentNov. 4, 2008
Wis. Schools' Money Tied To At-Risk German BankNov. 2, 2008
Wis. School Investment Has Worldwide Implications
All Things Considered, November 7, 2008 · When Rebecca Rhynhart looks over plans expanding the Pennsylvania Convention Center, the Philadelphia city treasurer sees more than additional space for holding meetings and expos.
In a very real way, Rhynhart is looking at bonds — at the IOUs the state will issue to raise a couple hundred million dollars to fund the project. States and cities issue bonds all the time, to build water systems, roads, police stations, schools. All the infrastructure you see around you is funded with bonds.
And wherever they begin in America, those bonds go through the center of global finance, Wall Street. The system worked pretty well until recently, when problems started with relatively new ways of issuing bonds. In the 1990s, cities made the move from fixed-rate bonds — which paid a predictable amount of interest — to variable-rate bonds.
For cities, the variable-rate bonds seemed to offer a cheaper way to raise money. They wouldn't get stuck paying high rates over a decade or two, if the interest rates fell after the original loans were made.
"I think they were popular," Rhynhart says. "They offered what looked to be a lower all-in cost."
But what looked to be and what turned out to be were very different.
What Is A Liquidity Bank?
In order to begin understanding what has gone haywire in the once boring world of bonds, you need to understand a situation like Rhynhart's. She needs to do two things before she can issue a variable-rate bond. She needs to get insurance from a special insurance company that insures bonds. And she needs to get a bank to agree to be something called a "liquidity bank."
The way you make a variable-rate bond work is by having a liquidity bank attached to it. This liquidity bank is, essentially, a safety net. If you own a variable-rate bond you want to sell, and can't find a buyer for it, the liquidity bank promises to step in — to be the buyer of last resort.
Every variable-rate bond issue has to have a liquidity bank attached to it. And who was one of the biggest liquidity banks out there?
The answer is Depfa, an Irish bank with a German owner, the same bank that lent to a string of five school districts in Wisconsin.
Rhynhart has seen her own chain of unfortunate events. "We do have some bonds that have Depfa as the liquidity bank, and they are almost all in the liquidity bank, because no one wants to buy them," she says.
That's bond-speak for: "Something has gone very, very wrong."
When Normal Stopped
The job of a liquidity bank like Depfa seemed simple: Collect a small yearly fee in exchange for being the liquidity bank, and never be called on as a backstop.
If I have a variable-rate bond that I want to get rid of, I hand it back to the Wall Street firm managing that bond, and that firm finds another buyer in seconds. The $2 trillion market in bonds worked so routinely and so seamlessly that it was basically invisible.
The notion that a variable-rate bond couldn't be remarketed — that's the technical term for "sold to someone new" — was ludicrous.
But this year, that notion went from ludicrous to frighteningly real. The problems began with the insurance companies. And a handful of insurance companies covered municipal bonds, firms like MBIA and FGIC and Ambac. Late in 2007, these firms found their credit ratings slipping.
Kathy Clupper works for a company that advises municipalities about bond issues. A 20-year veteran of the industry, she describes this as a big deal.
"When we started hearing that the bond insurers were getting downgraded, it was unbelievable," she says. "Nobody ever considered that a AAA bond insurer would get downgraded. Or that all of them would get downgraded."
No one considered it because, historically, insuring municipal bonds was not risky business. Municipalities almost never default on their bonds. The cumulative default rate on all municipal bonds issued between 1987 and 1994 was less than 1 percent. The library never misses a payment; the school district never misses a payment. The city of New Orleans, even after being devastated by Katrina, didn't miss a payment.
So how did these bond insurers, who collect premiums and never pay claims, manage to get themselves downgraded? Earlier this decade, they started insuring something besides municipal bonds: subprime-mortgage-backed securities. Enough said.
The bond insurer downgrades had consequences for Philadelphia treasurer Rhynhart. Her office issued $290 million of variable rate bonds last year. It used one of the main AAA bond insurers out there, a company called FGIC. Everything was going fine, until FGIC got downgraded.
"And [to] investors suddenly it was, 'I own this bond, and it has this FGIC name on it ... I don't want to hold this bond anymore,'" Rhynhart says. "That insurer, that was supposed to protect and provide some extra bondholder security, they become the burden on the deal, rather than assisting us on the deal."
The burden specifically was when no one wanted the bond — that's when the liquidity bank, the buyer of last resort, has to step in. Banks like Depfa. But these banks were reluctant saviors. They didn't want to own these bonds either. It's a big hassle to buy them. And when they do it, lots of fine print kicks in. The interest rates go much higher, and the terms, in some cases, shrink. So a town that thought it had 30 years to pay its debt, when the bond goes back to the bank, it now has 10 years, or seven years. Its payments skyrocket.
Clupper's client, a school district, is in just that situation.
"They may have budgeted, you know, $1 million a year for this bond issue; now they all the sudden have to pay $2 million or $3 million in principal that they hadn't budgeted, and that's significant for a lot of school districts," she says. "So now they have to pay more, more in interest and more in principal."
The Ripple Effect
And the problems don't end there. In the case of Depfa, its financial situation is so bad that it has been downgraded as well. And that makes it even harder to find a new buyer for a bond with its name on it, because if both the insurance company and the buyer of last resort might not be around to fulfill their obligations, now investors really aren't interested.
And so all across the country, towns and cities are stuck. They have their bonds at the bank, with rapidly increasing interest rates and payment schedules.
"There's no bond insurers that are out there, to step in the shoes of the FSAs and FGICs and the Ambacs," Clupper says. "So there's no moves left for a lot of these municipalities."
Rhynhart and Clupper both say that the municipalities will figure some way to keep making their payments. They always do. But it'll cost them, and by extension, everyone — in slightly higher taxes, or water rates, or hospital bills.
The kicker of this whole thing is that the municipalities are only doing what they've always been doing: issuing bonds, and paying them back with interest. It's the institutions that were supposed to guarantee them, the insurance companies and the liquidity banks, that have gotten in trouble. It's as if you bought auto insurance, and then your insurance representative came over to your house, got liquored up, totaled your car, handed you back the keys and said, that'll make your rates go up. Everything is upside down.
And all over the country, municipalities are learning the same lessons that the school districts in Wisconsin learned, and that the board of the bank of Depfa learned.
Complexity can make things more efficient, and going global can make you money or save you money, but it also exposes you to risks that you might not foresee. If the school districts and transit agencies didn't understand that trade-off before, they're getting a painful lesson now.
Alex Blumberg is a producer with Chicago Public
Antwort auf Beitrag Nr.: 35.913.189 von pacoraban am 11.11.08 17:33:25das ist zum Beispiel ein grund warum ich mir die welt ohne abk nicht vorstellen kann
Antwort auf Beitrag Nr.: 35.912.792 von zip2000 am 11.11.08 16:57:17Moin zipp
darf ich fragen wo oder lass mich raten 0,95? oder tiefer?
hast du deine Fritag eingekauften gehalten?
ich nicht mit wie schon geschreieben 500 euro Verlust raus
Grüße
Paco
ps schönen Abend allen noch sieht ja mal wiede alles tiefrot aus
da gucke ich am besten gar nicht
darf ich fragen wo oder lass mich raten 0,95? oder tiefer?
hast du deine Fritag eingekauften gehalten?
ich nicht mit wie schon geschreieben 500 euro Verlust raus
Grüße
Paco
ps schönen Abend allen noch sieht ja mal wiede alles tiefrot aus
da gucke ich am besten gar nicht
Antwort auf Beitrag Nr.: 35.913.562 von pacoraban am 11.11.08 18:11:03Unter 0,97...
Ja, den Freitag-Einkauf hab ich noch.
War mir doch zuviel Minus, um es loszusein...
Bin ausserdem zuversichtlich, dass wir wieder viel weiter oben sein werden.
Ja, den Freitag-Einkauf hab ich noch.
War mir doch zuviel Minus, um es loszusein...
Bin ausserdem zuversichtlich, dass wir wieder viel weiter oben sein werden.
wir werden über 1,50 $ schliessen
über 900000 im bid zu 1,43$
Antwort auf Beitrag Nr.: 35.914.932 von fortuna924 am 11.11.08 20:07:16sonn Mist undich dachte es geht runter
wie bewertet Ihr die hohe Volumen imBid?
fake oder bottom?
ich kanns schwerlich beurteilen
fake oder bottom?
ich kanns schwerlich beurteilen
Stand heute auf der Käuferseite. Fundamental schlecht zu begründen und auch technisch eher wackelig. Dennoch gehe ich von einem deutlich höheren Kurs in 5-10 Handelstagen aus.
Antwort auf Beitrag Nr.: 35.915.067 von pacoraban am 11.11.08 20:16:56glaube nicht an ein Fake. Eher an das Aktienrückkaufprogramm
Antwort auf Beitrag Nr.: 35.914.932 von fortuna924 am 11.11.08 20:07:16seid wieviel Uhr stehen die im Bid
Ist es Zufall, dass der Kurs nach 20 Uhr nach oben geht
Ist es Zufall, dass der Kurs nach 20 Uhr nach oben geht
Antwort auf Beitrag Nr.: 35.915.161 von vermutung am 11.11.08 20:24:36die sind aufeinmal wieder weg
Antwort auf Beitrag Nr.: 35.915.161 von vermutung am 11.11.08 20:24:36sind gerade leider wieder raus , war so gegen acht. 200Tsd zu 1,41 und 900 Tsd zu 1,42 $
Antwort auf Beitrag Nr.: 35.915.211 von fortuna924 am 11.11.08 20:28:37heute ist ja der 11.11. Narrentag
aber auch für Makler in Amerika
vielleicht ist er auch nur auf die Tastatur mit Nullen gefallen
aber auch für Makler in Amerika
vielleicht ist er auch nur auf die Tastatur mit Nullen gefallen
unabhängig davon weiss jemand was
im yahooforum wird ordentlich philosophiert
buffet goildiman und vanguard buy a lot of shares blah blah
könnt sein das irgendetwas im Busch ist?
im yahooforum wird ordentlich philosophiert
buffet goildiman und vanguard buy a lot of shares blah blah
könnt sein das irgendetwas im Busch ist?
über 1,1 Mille zu 1,45 $ im bid
Antwort auf Beitrag Nr.: 35.915.245 von vermutung am 11.11.08 20:31:16GLAUB ICH NICHT JETZT STEHEN 1,1Mille bei 1,45im bid
Börse Online
Berkshire Hathaway: Buffett erleidet Gewinneinbruch
von Franz-Georg Wenner
Montag 10. November 2008, 13:14 Uhr
Warren Buffett hatte Anfang des Jahres seine Fangemeinde noch gewarnt: ?Die Party ist vorbei?. Wieder einmal behielt die Investmentlegende recht ? mit Folgen für seine Investmentgesellschaft Berkshire Hathaway.
Deren Gewinn brach im dritten Quartal um 77 Prozent ein. Das Nettoergebnis sackte von 4,55 Milliarden US-Dollar im Vorjahreszeitraum auf 1,06 Milliarden US-Dollar ab. Der Umsatz lag bei 27,9 Milliarden US-Dollar nach 29,9 Milliarden US-Dollar vor einem Jahr. Die Aktie hat sich in den vergangenen Monaten dennoch vergleichsweise gut gehalten. Seit Jahresanfang büßte das Papier rund 20 Prozent an Wert ein und wird derzeit für rund 114.000 US-Dollar gehandelt.
Besonders das Versicherungsgeschäft setzte der Beteiligungsgesellschaft kräftig zu. In diesem Bereich sank der Gewinn von 486 Millionen US-Dollar auf 81 Millionen US-Dollar. Den Angaben zufolge wurde das Ergebnis besonders durch große Hurrikanschäden der beiden Wirbelstürme Ike und Gustav belastet.
Zudem drückten nicht realisierte Derivateverluste das Ergebnis in den Keller. Die Bilanzvorschriften zwingen Buffett, den derzeitigen Marktwert der Derivate anzugeben.
Kaum Veränderungen gab es hingegen beim Cashbestand. Während die Gesellschaft am Ende des zweiten Quartals noch 31,2 Milliarden US-Dollar an Barmitteln hatte, lag der Wert am Ende des dritten Quartals bei 33,4 Milliarden US-Dollar. Die zuletzt durchgeführten Beteiligungen wurden allerdings noch nicht wirksam. Während viele Investoren in den vergangenen Monaten große Positionen aufgelöst hatten, war Buffett zu günstigen Konditionen im Umfang von drei Milliarden US-Dollar bei General Electric (NYSE: GE - Nachrichten) und fünf Milliarden US-Dollar bei Goldman Sachs (NYSE: GS - Nachrichten) eingestiegen.
Buffett als Finanzminister
Heiß diskutiert wird derzeit ein mögliches Engagement von Buffett in Obamas Kabinett. Am Freitag hatte der Guru an einem Treffen des künftigen US-Präsidenten Barack Obama mit führenden Wirtschaftsvertretern teilgenommen. Obama hatte Buffett angeblich als Wunschkandidat für den Posten des Finanzministers bezeichnet. Der älteste Bewerber ist Buffett jedenfalls nicht: Während die Investmentlegende auf 78 Jahre zurückblicken kann, wurde Paul Volcker, der früher Mitglied der US-Notenbank war, im September 81 Jahre alt.
Na ja, da ist der Buffet ja noch ein Springchicken
http://de.biz.yahoo.com/10112008/344/berkshire-hathaway-buff…
Berkshire Hathaway: Buffett erleidet Gewinneinbruch
von Franz-Georg Wenner
Montag 10. November 2008, 13:14 Uhr
Warren Buffett hatte Anfang des Jahres seine Fangemeinde noch gewarnt: ?Die Party ist vorbei?. Wieder einmal behielt die Investmentlegende recht ? mit Folgen für seine Investmentgesellschaft Berkshire Hathaway.
Deren Gewinn brach im dritten Quartal um 77 Prozent ein. Das Nettoergebnis sackte von 4,55 Milliarden US-Dollar im Vorjahreszeitraum auf 1,06 Milliarden US-Dollar ab. Der Umsatz lag bei 27,9 Milliarden US-Dollar nach 29,9 Milliarden US-Dollar vor einem Jahr. Die Aktie hat sich in den vergangenen Monaten dennoch vergleichsweise gut gehalten. Seit Jahresanfang büßte das Papier rund 20 Prozent an Wert ein und wird derzeit für rund 114.000 US-Dollar gehandelt.
Besonders das Versicherungsgeschäft setzte der Beteiligungsgesellschaft kräftig zu. In diesem Bereich sank der Gewinn von 486 Millionen US-Dollar auf 81 Millionen US-Dollar. Den Angaben zufolge wurde das Ergebnis besonders durch große Hurrikanschäden der beiden Wirbelstürme Ike und Gustav belastet.
Zudem drückten nicht realisierte Derivateverluste das Ergebnis in den Keller. Die Bilanzvorschriften zwingen Buffett, den derzeitigen Marktwert der Derivate anzugeben.
Kaum Veränderungen gab es hingegen beim Cashbestand. Während die Gesellschaft am Ende des zweiten Quartals noch 31,2 Milliarden US-Dollar an Barmitteln hatte, lag der Wert am Ende des dritten Quartals bei 33,4 Milliarden US-Dollar. Die zuletzt durchgeführten Beteiligungen wurden allerdings noch nicht wirksam. Während viele Investoren in den vergangenen Monaten große Positionen aufgelöst hatten, war Buffett zu günstigen Konditionen im Umfang von drei Milliarden US-Dollar bei General Electric (NYSE: GE - Nachrichten) und fünf Milliarden US-Dollar bei Goldman Sachs (NYSE: GS - Nachrichten) eingestiegen.
Buffett als Finanzminister
Heiß diskutiert wird derzeit ein mögliches Engagement von Buffett in Obamas Kabinett. Am Freitag hatte der Guru an einem Treffen des künftigen US-Präsidenten Barack Obama mit führenden Wirtschaftsvertretern teilgenommen. Obama hatte Buffett angeblich als Wunschkandidat für den Posten des Finanzministers bezeichnet. Der älteste Bewerber ist Buffett jedenfalls nicht: Während die Investmentlegende auf 78 Jahre zurückblicken kann, wurde Paul Volcker, der früher Mitglied der US-Notenbank war, im September 81 Jahre alt.
Na ja, da ist der Buffet ja noch ein Springchicken
http://de.biz.yahoo.com/10112008/344/berkshire-hathaway-buff…
un d schon wieder weg
Antwort auf Beitrag Nr.: 35.915.293 von pacoraban am 11.11.08 20:34:24wo kannst Du das Bid sehen?
Stelle doch bitte mal den link rein
Stelle doch bitte mal den link rein
1 Mio bei 1,50
Antwort auf Beitrag Nr.: 35.915.409 von pacoraban am 11.11.08 20:41:29Danke
nach all den miesen Tagen könnte man fast ausflippen, wenn der Kurs sich mal ins GRÜNE bewegt
nach all den miesen Tagen könnte man fast ausflippen, wenn der Kurs sich mal ins GRÜNE bewegt
Antwort auf Beitrag Nr.: 35.915.394 von pacoraban am 11.11.08 20:40:13Ich pack's net...! $1,51
So viel zu meinen unteren €0,97!!
Aber passt eh so auch.
So viel zu meinen unteren €0,97!!
Aber passt eh so auch.
Antwort auf Beitrag Nr.: 35.915.536 von zip2000 am 11.11.08 20:52:01wie beurteilst du es?
Antwort auf Beitrag Nr.: 35.915.619 von pacoraban am 11.11.08 20:58:15Sehr positiv.
Die 700000 bis 800000 im bid bei 1,50 geben mir zu denken... ob da wirklich nur wer zocken will...!?
Die 700000 bis 800000 im bid bei 1,50 geben mir zu denken... ob da wirklich nur wer zocken will...!?
Antwort auf Beitrag Nr.: 35.915.712 von zip2000 am 11.11.08 21:04:59Wird schon kleiner! 400000
Antwort auf Beitrag Nr.: 35.915.771 von zip2000 am 11.11.08 21:09:59genau Stück für Stück und dann sind sie weg und abwärts?
Antwort auf Beitrag Nr.: 35.915.771 von zip2000 am 11.11.08 21:09:59und wieder runter...
Antwort auf Beitrag Nr.: 35.915.793 von pacoraban am 11.11.08 21:11:48....ja, schaut so aus.
Nein, geht schon wieder rauf...
Nein, geht schon wieder rauf...
Top 10 bei w.o. ALLES ROT...
Endspurt ... über 1,60 $ ?
Antwort auf Beitrag Nr.: 35.916.069 von fortuna924 am 11.11.08 21:32:54Ne... nur mit Wunder...
immerhin 1,52 $ . Über 1,50 $
11/11/2008 4:00:32 PM Market Closed
NASDAQ Last Sale 1.51 -0.06 -3.82%
NASDAQ Last Sale 1.51 -0.06 -3.82%
Antwort auf Beitrag Nr.: 35.915.914 von zip2000 am 11.11.08 21:20:56da gabs aber heute noch ein kleines grünes fähnlein
namens RDN.
@ paco: he du untreue seele, hast gesagt du schaust mal bei radian vorbei !!
namens RDN.
@ paco: he du untreue seele, hast gesagt du schaust mal bei radian vorbei !!
NB 1,53 $
Guten Morgen an alle!
NB NASDAQ Last Sale $1.54 -0.03 -1.91%
Bin gespannt wie es sich heute entwickeln wird.
NB NASDAQ Last Sale $1.54 -0.03 -1.91%
Bin gespannt wie es sich heute entwickeln wird.
guten morgen an alle
hier was zum thema wieviele aktien noch geshortet sind (50m shares / 17,6%)
http://www.shortsqueeze.com/?symbol=abk
und zum thema TARP
keine ahnung was die FED da so treibt, neues soll wohl heute von Paulsen kommen
NOVEMBER 12, 2008
.Treasury Considers Private Role in TARP
By DEBORAH SOLOMON.Article
Comments
more in Politics ».WASHINGTON -- The Treasury Department, signaling a
new phase in its $700 billion financial-rescue plan, is considering
requiring that firms seeking future government money raise private
capital in order to qualify for public assistance, according to people
familiar with the matter.
The move is not expected to apply to the existing $250 billion capital-
purchase program, which is already injecting money into banks. But
Treasury is considering attaching such conditions to any of its future
capital investments, these people said.
View Full Image
Landov
Neel Kashkari runs the Treasury's TARP program, which is unlikely to
conduct any auctions to purchase bad loans and other troubled assets
-- the original intention of the $700 billion financial-industry
rescue plan.
.At the same time, Treasury is unlikely to conduct any auctions to
purchase bad loans and other troubled assets -- the original intention
of the $700 billion rescue plan. Instead, Treasury is expected to
continue focusing its firepower on injecting capital directly into the
financial sector, these people said.
Treasury Secretary Henry Paulson may outline some of these changes
Wednesday, when he provides an update on Treasury's Troubled Asset
Relief Program, known as TARP.
Treasury has just $60 billion left in its rescue fund, and either the
current or next administration will have to turn to Congress to
request the second half of the promised $700 billion. Treasury has so
far committed $250 billion to banks and is spending an additional $40
billion to buy preferred shares in American International Group Inc.,
the big insurer.
Treasury is expected to widen its program to inject capital into
smaller, closely held banks, and is considering expanding its rescue
to other nonbank financial institutions, such as insurers and
specialty-finance companies. It may also do another round of financing
for publicly traded banks. In addition, Treasury is under increasing
pressure from Democrats in Congress to open the program to the ailing
auto sector.
In another step, U.S. bank regulators could announce guidelines this
week designed to encourage U.S. banks to remain active lenders as
financial markets are squeezed. Many U.S. companies and individuals
have become dependent on bank credit lines as financial markets have
tightened up. The regulatory guidelines could also address sensitive
issues of bank dividend payments and executive pay.
The fact that Treasury may now require firms to raise money marks a
new phase for the government, which had resisted such a move
previously. Before launching its $250 billion capital-purchase program
last month, Treasury toyed with requiring banks to raise matching
funds alongside any government investment, but it thought that might
discourage some firms from participating. It also worried that firms
would not be able to raise private money in the current market
environment.
Instead, Treasury structured its investment in a way that it believed
would encourage firms to eventually raise private funds. But Treasury
officials now think market conditions may have improved enough that
companies could raise private capital.
Some economists advocate requiring companies to raise matching funds,
saying it lessens the government's ability to pick winners and losers.
"This idea has the great virtue of incorporating private-sector
judgment on the viability and management of these financial firms,"
said Douglas Elmendorf, a senior fellow with the Brookings Institution
and a member of President-elect Barack Obama's transition team.
The World Bank unveiled such an initiative on Tuesday for developing-
country banks, in which it will put in $1 for every $2 the banks raise
from others.
Initially, in late September, Mr. Paulson asked Congress for authority
to purchase $700 billion worth of distressed assets, arguing that
banks and other institutions were suffering from the rotten assets
clogging their balance sheets.
Figuring out how to purchase assets has proved tricky, in large part
because it's difficult to determine how to price such assets, many of
which are backed by risky mortgages and carry depressed values. Buying
them at market prices would further hurt banks, since the firms would
have to write down the value of those assets. But paying above-market
prices could potentially hurt taxpayers if the assets never recover in
price.
Treasury has no current plans to purchase assets, people familiar with
the matter said, and is instead focused on investing directly in firms
that provide financing to the broader economy.
On Monday, Treasury and Federal Reserve officials held a phone
briefing with Capitol Hill staffers about the government's revised
rescue of AIG. While Treasury will buy $40 billion in preferred AIG
stock, the Fed will use $50 billion to purchase distressed assets from
the company. On the call, Hill staffers asked why the Fed was buying
the assets instead of Treasury. Fed staffers said the structure will
help insulate taxpayers, according to someone familiar with the call.
Still, some lawmakers are eager to see Treasury focus exclusively on
capital injections, rather than asset purchases.
"The more you look at auctions or asset purchases, the more you have
the same problem: How do you set the price?" said Sen. Charles Schumer
(D., N.Y.).
http://online.wsj.com/article/SB122646068478519997.html?mod=…
hier was zum thema wieviele aktien noch geshortet sind (50m shares / 17,6%)
http://www.shortsqueeze.com/?symbol=abk
und zum thema TARP
keine ahnung was die FED da so treibt, neues soll wohl heute von Paulsen kommen
NOVEMBER 12, 2008
.Treasury Considers Private Role in TARP
By DEBORAH SOLOMON.Article
Comments
more in Politics ».WASHINGTON -- The Treasury Department, signaling a
new phase in its $700 billion financial-rescue plan, is considering
requiring that firms seeking future government money raise private
capital in order to qualify for public assistance, according to people
familiar with the matter.
The move is not expected to apply to the existing $250 billion capital-
purchase program, which is already injecting money into banks. But
Treasury is considering attaching such conditions to any of its future
capital investments, these people said.
View Full Image
Landov
Neel Kashkari runs the Treasury's TARP program, which is unlikely to
conduct any auctions to purchase bad loans and other troubled assets
-- the original intention of the $700 billion financial-industry
rescue plan.
.At the same time, Treasury is unlikely to conduct any auctions to
purchase bad loans and other troubled assets -- the original intention
of the $700 billion rescue plan. Instead, Treasury is expected to
continue focusing its firepower on injecting capital directly into the
financial sector, these people said.
Treasury Secretary Henry Paulson may outline some of these changes
Wednesday, when he provides an update on Treasury's Troubled Asset
Relief Program, known as TARP.
Treasury has just $60 billion left in its rescue fund, and either the
current or next administration will have to turn to Congress to
request the second half of the promised $700 billion. Treasury has so
far committed $250 billion to banks and is spending an additional $40
billion to buy preferred shares in American International Group Inc.,
the big insurer.
Treasury is expected to widen its program to inject capital into
smaller, closely held banks, and is considering expanding its rescue
to other nonbank financial institutions, such as insurers and
specialty-finance companies. It may also do another round of financing
for publicly traded banks. In addition, Treasury is under increasing
pressure from Democrats in Congress to open the program to the ailing
auto sector.
In another step, U.S. bank regulators could announce guidelines this
week designed to encourage U.S. banks to remain active lenders as
financial markets are squeezed. Many U.S. companies and individuals
have become dependent on bank credit lines as financial markets have
tightened up. The regulatory guidelines could also address sensitive
issues of bank dividend payments and executive pay.
The fact that Treasury may now require firms to raise money marks a
new phase for the government, which had resisted such a move
previously. Before launching its $250 billion capital-purchase program
last month, Treasury toyed with requiring banks to raise matching
funds alongside any government investment, but it thought that might
discourage some firms from participating. It also worried that firms
would not be able to raise private money in the current market
environment.
Instead, Treasury structured its investment in a way that it believed
would encourage firms to eventually raise private funds. But Treasury
officials now think market conditions may have improved enough that
companies could raise private capital.
Some economists advocate requiring companies to raise matching funds,
saying it lessens the government's ability to pick winners and losers.
"This idea has the great virtue of incorporating private-sector
judgment on the viability and management of these financial firms,"
said Douglas Elmendorf, a senior fellow with the Brookings Institution
and a member of President-elect Barack Obama's transition team.
The World Bank unveiled such an initiative on Tuesday for developing-
country banks, in which it will put in $1 for every $2 the banks raise
from others.
Initially, in late September, Mr. Paulson asked Congress for authority
to purchase $700 billion worth of distressed assets, arguing that
banks and other institutions were suffering from the rotten assets
clogging their balance sheets.
Figuring out how to purchase assets has proved tricky, in large part
because it's difficult to determine how to price such assets, many of
which are backed by risky mortgages and carry depressed values. Buying
them at market prices would further hurt banks, since the firms would
have to write down the value of those assets. But paying above-market
prices could potentially hurt taxpayers if the assets never recover in
price.
Treasury has no current plans to purchase assets, people familiar with
the matter said, and is instead focused on investing directly in firms
that provide financing to the broader economy.
On Monday, Treasury and Federal Reserve officials held a phone
briefing with Capitol Hill staffers about the government's revised
rescue of AIG. While Treasury will buy $40 billion in preferred AIG
stock, the Fed will use $50 billion to purchase distressed assets from
the company. On the call, Hill staffers asked why the Fed was buying
the assets instead of Treasury. Fed staffers said the structure will
help insulate taxpayers, according to someone familiar with the call.
Still, some lawmakers are eager to see Treasury focus exclusively on
capital injections, rather than asset purchases.
"The more you look at auctions or asset purchases, the more you have
the same problem: How do you set the price?" said Sen. Charles Schumer
(D., N.Y.).
http://online.wsj.com/article/SB122646068478519997.html?mod=…
Moin Tip, Moin Marc Moin Leute
alles fit bei mir so einigermaßen
Danke für die Infos Marc
Grüße
Paco
alles fit bei mir so einigermaßen
Danke für die Infos Marc
Grüße
Paco
Antwort auf Beitrag Nr.: 35.919.873 von pacoraban am 12.11.08 07:55:46entschuldige Moin zip
moin moin, wo führt die Reise heute hin ?
Glaube wirklich das gestern schon dem Rückkauf der Aktien begonnen wurde. Es werden heute bestimmt wieder grosse Bid-Aufträge vorhanden sein. 25 Millionen müssen erst einmal zurück gekauft werden. Glaube das der Boden jetzt erst einmal bei 1,50 $ gefunden wurde.
Glaube wirklich das gestern schon dem Rückkauf der Aktien begonnen wurde. Es werden heute bestimmt wieder grosse Bid-Aufträge vorhanden sein. 25 Millionen müssen erst einmal zurück gekauft werden. Glaube das der Boden jetzt erst einmal bei 1,50 $ gefunden wurde.
Antwort auf Beitrag Nr.: 35.921.157 von fortuna924 am 12.11.08 09:49:27moin moin
das wäre wirklich schön wenn wir am Boden sind oder waren
momentan sieht es ja schon mal ganz gut aus 1,22 zu 1,27 in Euroland
Grüße
Paco
das wäre wirklich schön wenn wir am Boden sind oder waren
momentan sieht es ja schon mal ganz gut aus 1,22 zu 1,27 in Euroland
Grüße
Paco
Antwort auf Beitrag Nr.: 35.921.264 von pacoraban am 12.11.08 09:56:57Moin Zusammen!
Ich bin mit meiner kleinen Posi gestern abend zu 1,22 eingestiegen
Sieht gut aus heute
Ich bin mit meiner kleinen Posi gestern abend zu 1,22 eingestiegen
Sieht gut aus heute
Antwort auf Beitrag Nr.: 35.921.309 von surga am 12.11.08 10:00:23das ist gut dann sind zipp ich etc. nicht mehr die einzigen die mitzocken
Antwort auf Beitrag Nr.: 35.920.118 von pacoraban am 12.11.08 08:22:14...noch einmal Glück gehabt...
War schon kurz vorm beleidigt sein...
PS: Guten Morgen...
War schon kurz vorm beleidigt sein...
PS: Guten Morgen...
Antwort auf Beitrag Nr.: 35.921.380 von pacoraban am 12.11.08 10:04:50der gute Kurs liegt am Dollar 1,22
Moin Leute,
ich bin ja auch noch mit dabei. Wenn auch momentan im Verlust. Sollte sich aber bis morgen ändern.
Das die Shortpositionen reduziert werden stimmt mich positiv. Der Boden scheint wirklich gefunden. Sollte jetzt endlich eine positive News kommen, kommt es zum lang ersehnten Short Squeeze.
watch&learn
ich bin ja auch noch mit dabei. Wenn auch momentan im Verlust. Sollte sich aber bis morgen ändern.
Das die Shortpositionen reduziert werden stimmt mich positiv. Der Boden scheint wirklich gefunden. Sollte jetzt endlich eine positive News kommen, kommt es zum lang ersehnten Short Squeeze.
watch&learn
kann mich bitte einer aufklären. Warum werden die Aktien von Ambac eigentlich zurückgekauft ? Stimmt mich positiv, da die Shortpositionen schneller wieder eingedeckt werden müssen.
meine long posi ist noch da
denke mal dass die fed heute mit einem update kommt, ob das bereits die insurer beinhaltet ist m.e. offen
beide abk und mbia sind als bond insurer systemnotwendig jedoch weicht die fed mehr und mehr vom plan ab toxic assets zu erwerben und schießt stattdessen kapital in banken etc
der boden scheint tatsächlich bei 1,50$ zu sein....bisher
die us futures sahen besser aus und sind jetzt wieder ordentlich nach unten
US Futures & Markets Indicators
Dec 2008 Change Level Last Update†
S&P 500 +3.50 896.50 11/12 4:06am
Fair Value 897.68 11/11 9:24pm
Difference* -1.18
NASDAQ +3.25 1226.25 11/12 3:53am
Fair Value 1226.21 11/11 9:24pm
Difference* +0.04
Dow Jones +3.00 8640.00 11/12 3:59am
denke mal dass die fed heute mit einem update kommt, ob das bereits die insurer beinhaltet ist m.e. offen
beide abk und mbia sind als bond insurer systemnotwendig jedoch weicht die fed mehr und mehr vom plan ab toxic assets zu erwerben und schießt stattdessen kapital in banken etc
der boden scheint tatsächlich bei 1,50$ zu sein....bisher
die us futures sahen besser aus und sind jetzt wieder ordentlich nach unten
US Futures & Markets Indicators
Dec 2008 Change Level Last Update†
S&P 500 +3.50 896.50 11/12 4:06am
Fair Value 897.68 11/11 9:24pm
Difference* -1.18
NASDAQ +3.25 1226.25 11/12 3:53am
Fair Value 1226.21 11/11 9:24pm
Difference* +0.04
Dow Jones +3.00 8640.00 11/12 3:59am
im yahooforum gefunden netter Ansatz wurde hier bestimmt schon gepostet:
UPDATE: UBS CFO Confident Monoline Fincl Impact Not Maj orLast update: 11/4/2008 7:10:04 AM(Adds detail.) ZURIC H (Dow Jones)--UBS AG (UBS) is confident its exposure t o U.S. monoline insurers won't cause a major financial hit, the Zurich-based bank's financial head said Tuesda y. The monoline exposure isn't part of a recent deal ov er $60 billion in illiquid assets with the Swiss centra l bank.......... UBS is among a group of major banks in negotiations with the three leading U.S. monoline insu rers - Ambac Financial Group Inc. (ABK), FGIC Corp., an d MBIA Inc. (MBI) - over commutation of insurance contr acts, meaning they seek to cancel the insurance in favo r of access to the underlying securities............ UB S Chief Financial Officer John Cryan said it expects va rious agreements with the monoline insurers shortly. In the quarter, Cryan said UBS' proprietary traders lost "a few hundred million" dollars in equities, hampered b y short-selling bans in several countries. The bank is in the process of winding down propriety trading - buyi ng and selling securities on its own book - as part of a dramatic reduction in risk taking.
now if you dont understand, this is what it means.... .simply put: abk/mbi is 'on the hook' for the insurance for billions of dollars.......as collateral they have 'CDO's..........mbi and abk are negotiating with these banks to pay them pennies on the dollar.....and in exca nge......the banks will get the cdo voting rights back. ......in the mean time......mbi and abk have written al l of this off........so the DIFFERENCE between the writ e off and the actual will probably be a win on the book s for abk and mbi................disclaimer: ........I THINK i am right!!!!!
UPDATE: UBS CFO Confident Monoline Fincl Impact Not Maj orLast update: 11/4/2008 7:10:04 AM(Adds detail.) ZURIC H (Dow Jones)--UBS AG (UBS) is confident its exposure t o U.S. monoline insurers won't cause a major financial hit, the Zurich-based bank's financial head said Tuesda y. The monoline exposure isn't part of a recent deal ov er $60 billion in illiquid assets with the Swiss centra l bank.......... UBS is among a group of major banks in negotiations with the three leading U.S. monoline insu rers - Ambac Financial Group Inc. (ABK), FGIC Corp., an d MBIA Inc. (MBI) - over commutation of insurance contr acts, meaning they seek to cancel the insurance in favo r of access to the underlying securities............ UB S Chief Financial Officer John Cryan said it expects va rious agreements with the monoline insurers shortly. In the quarter, Cryan said UBS' proprietary traders lost "a few hundred million" dollars in equities, hampered b y short-selling bans in several countries. The bank is in the process of winding down propriety trading - buyi ng and selling securities on its own book - as part of a dramatic reduction in risk taking.
now if you dont understand, this is what it means.... .simply put: abk/mbi is 'on the hook' for the insurance for billions of dollars.......as collateral they have 'CDO's..........mbi and abk are negotiating with these banks to pay them pennies on the dollar.....and in exca nge......the banks will get the cdo voting rights back. ......in the mean time......mbi and abk have written al l of this off........so the DIFFERENCE between the writ e off and the actual will probably be a win on the book s for abk and mbi................disclaimer: ........I THINK i am right!!!!!
Übrigends hat Ambac kürzlich zwei altgediente Lobbyisten angeheuert, um auch an den TARP-Kuchen zu kommen. Aus dieser Ecke wird kurzfristig Phantasie kommen, denke ich.
"Ambac Financial Group, in the relatively obscure bond insurance business, never needed lobbyists before, said Diane Adams, a managing director. But its clients persuaded the company to hire two Washington veterans — Edward Kutler and John T. O’Rourke — who helped arrange a recent meeting with Phillip L. Swagel, an assistant Treasury secretary. “We haven’t really asked for much in the past,” Ms. Adams said."
http://www.finfacts.com/irishfinancenews/article_1015234.sht… 12.11.08
"Ambac Financial Group, in the relatively obscure bond insurance business, never needed lobbyists before, said Diane Adams, a managing director. But its clients persuaded the company to hire two Washington veterans — Edward Kutler and John T. O’Rourke — who helped arrange a recent meeting with Phillip L. Swagel, an assistant Treasury secretary. “We haven’t really asked for much in the past,” Ms. Adams said."
http://www.finfacts.com/irishfinancenews/article_1015234.sht… 12.11.08
Antwort auf Beitrag Nr.: 35.923.035 von shews am 12.11.08 12:00:43´super shews
immer die infos rein
abk cooler helfen sich hier untereinander
immer die infos rein
abk cooler helfen sich hier untereinander
Antwort auf Beitrag Nr.: 35.923.753 von pacoraban am 12.11.08 12:58:55Na dann muss ich mich doch meinerseits auch mal kurz melden und ein "Moin zusammen" in den Raum werfen.
Auch wenn ich mich in letzter Zeit vornehm zurückhalte; ich bin immer noch investiert und regelmäßig am Mitlesen.
Das "zweite Bein" namens MBIA ist inzwischen noch ein Stück länger geworden
Auch wenn ich mich in letzter Zeit vornehm zurückhalte; ich bin immer noch investiert und regelmäßig am Mitlesen.
Das "zweite Bein" namens MBIA ist inzwischen noch ein Stück länger geworden
Treasury is expected to widen its program to inject cap ital into smaller, closely held banks, and is consideri ng expanding its rescue to other nonbank financial inst itutions, such as insurers and specialty-finance compan ies. It may also do another round of financing for publ icly traded banks. In addition, Treasury is under incre asing pressure from Democrats in Congress to open the p rogram to the ailing auto sector.
http://online.wsj.com/article/SB12264606...
http://online.wsj.com/article/SB12264606...
link scheint nicht zu funktionieren hier der Text:
WASHINGTON -- The Treasury Department, signaling a new phase in its $700 billion financial-rescue plan, is considering requiring that firms seeking future government money raise private capital in order to qualify for public assistance, according to people familiar with the matter.
The move is not expected to apply to the existing $250 billion capital-purchase program, which is already injecting money into banks. But Treasury is considering attaching such conditions to any of its future capital investments, these people said.
View Full Image
Landov
Neel Kashkari runs the Treasury's TARP program, which is unlikely to conduct any auctions to purchase bad loans and other troubled assets -- the original intention of the $700 billion financial-industry rescue plan.
At the same time, Treasury is unlikely to conduct any auctions to purchase bad loans and other troubled assets -- the original intention of the $700 billion rescue plan. Instead, Treasury is expected to continue focusing its firepower on injecting capital directly into the financial sector, these people said.
Treasury Secretary Henry Paulson may outline some of these changes Wednesday, when he provides an update on Treasury's Troubled Asset Relief Program, known as TARP.
Treasury has just $60 billion left in its rescue fund, and either the current or next administration will have to turn to Congress to request the second half of the promised $700 billion. Treasury has so far committed $250 billion to banks and is spending an additional $40 billion to buy preferred shares in American International Group Inc., the big insurer.
Treasury is expected to widen its program to inject capital into smaller, closely held banks, and is considering expanding its rescue to other nonbank financial institutions, such as insurers and specialty-finance companies. It may also do another round of financing for publicly traded banks. In addition, Treasury is under increasing pressure from Democrats in Congress to open the program to the ailing auto sector.
In another step, U.S. bank regulators could announce guidelines this week designed to encourage U.S. banks to remain active lenders as financial markets are squeezed. Many U.S. companies and individuals have become dependent on bank credit lines as financial markets have tightened up. The regulatory guidelines could also address sensitive issues of bank dividend payments and executive pay.
The fact that Treasury may now require firms to raise money marks a new phase for the government, which had resisted such a move previously. Before launching its $250 billion capital-purchase program last month, Treasury toyed with requiring banks to raise matching funds alongside any government investment, but it thought that might discourage some firms from participating. It also worried that firms would not be able to raise private money in the current market environment.
Instead, Treasury structured its investment in a way that it believed would encourage firms to eventually raise private funds. But Treasury officials now think market conditions may have improved enough that companies could raise private capital.
Some economists advocate requiring companies to raise matching funds, saying it lessens the government's ability to pick winners and losers.
"This idea has the great virtue of incorporating private-sector judgment on the viability and management of these financial firms," said Douglas Elmendorf, a senior fellow with the Brookings Institution and a member of President-elect Barack Obama's transition team.
The World Bank unveiled such an initiative on Tuesday for developing-country banks, in which it will put in $1 for every $2 the banks raise from others.
Initially, in late September, Mr. Paulson asked Congress for authority to purchase $700 billion worth of distressed assets, arguing that banks and other institutions were suffering from the rotten assets clogging their balance sheets.
Figuring out how to purchase assets has proved tricky, in large part because it's difficult to determine how to price such assets, many of which are backed by risky mortgages and carry depressed values. Buying them at market prices would further hurt banks, since the firms would have to write down the value of those assets. But paying above-market prices could potentially hurt taxpayers if the assets never recover in price.
Treasury has no current plans to purchase assets, people familiar with the matter said, and is instead focused on investing directly in firms that provide financing to the broader economy.
On Monday, Treasury and Federal Reserve officials held a phone briefing with Capitol Hill staffers about the government's revised rescue of AIG. While Treasury will buy $40 billion in preferred AIG stock, the Fed will use $50 billion to purchase distressed assets from the company. On the call, Hill staffers asked why the Fed was buying the assets instead of Treasury. Fed staffers said the structure will help insulate taxpayers, according to someone familiar with the call.
Still, some lawmakers are eager to see Treasury focus exclusively on capital injections, rather than asset purchases.
"The more you look at auctions or asset purchases, the more you have the same problem: How do you set the price?" said Sen. Charles Schumer (D., N.Y.).
—Damian Paletta contributed to this article.
WASHINGTON -- The Treasury Department, signaling a new phase in its $700 billion financial-rescue plan, is considering requiring that firms seeking future government money raise private capital in order to qualify for public assistance, according to people familiar with the matter.
The move is not expected to apply to the existing $250 billion capital-purchase program, which is already injecting money into banks. But Treasury is considering attaching such conditions to any of its future capital investments, these people said.
View Full Image
Landov
Neel Kashkari runs the Treasury's TARP program, which is unlikely to conduct any auctions to purchase bad loans and other troubled assets -- the original intention of the $700 billion financial-industry rescue plan.
At the same time, Treasury is unlikely to conduct any auctions to purchase bad loans and other troubled assets -- the original intention of the $700 billion rescue plan. Instead, Treasury is expected to continue focusing its firepower on injecting capital directly into the financial sector, these people said.
Treasury Secretary Henry Paulson may outline some of these changes Wednesday, when he provides an update on Treasury's Troubled Asset Relief Program, known as TARP.
Treasury has just $60 billion left in its rescue fund, and either the current or next administration will have to turn to Congress to request the second half of the promised $700 billion. Treasury has so far committed $250 billion to banks and is spending an additional $40 billion to buy preferred shares in American International Group Inc., the big insurer.
Treasury is expected to widen its program to inject capital into smaller, closely held banks, and is considering expanding its rescue to other nonbank financial institutions, such as insurers and specialty-finance companies. It may also do another round of financing for publicly traded banks. In addition, Treasury is under increasing pressure from Democrats in Congress to open the program to the ailing auto sector.
In another step, U.S. bank regulators could announce guidelines this week designed to encourage U.S. banks to remain active lenders as financial markets are squeezed. Many U.S. companies and individuals have become dependent on bank credit lines as financial markets have tightened up. The regulatory guidelines could also address sensitive issues of bank dividend payments and executive pay.
The fact that Treasury may now require firms to raise money marks a new phase for the government, which had resisted such a move previously. Before launching its $250 billion capital-purchase program last month, Treasury toyed with requiring banks to raise matching funds alongside any government investment, but it thought that might discourage some firms from participating. It also worried that firms would not be able to raise private money in the current market environment.
Instead, Treasury structured its investment in a way that it believed would encourage firms to eventually raise private funds. But Treasury officials now think market conditions may have improved enough that companies could raise private capital.
Some economists advocate requiring companies to raise matching funds, saying it lessens the government's ability to pick winners and losers.
"This idea has the great virtue of incorporating private-sector judgment on the viability and management of these financial firms," said Douglas Elmendorf, a senior fellow with the Brookings Institution and a member of President-elect Barack Obama's transition team.
The World Bank unveiled such an initiative on Tuesday for developing-country banks, in which it will put in $1 for every $2 the banks raise from others.
Initially, in late September, Mr. Paulson asked Congress for authority to purchase $700 billion worth of distressed assets, arguing that banks and other institutions were suffering from the rotten assets clogging their balance sheets.
Figuring out how to purchase assets has proved tricky, in large part because it's difficult to determine how to price such assets, many of which are backed by risky mortgages and carry depressed values. Buying them at market prices would further hurt banks, since the firms would have to write down the value of those assets. But paying above-market prices could potentially hurt taxpayers if the assets never recover in price.
Treasury has no current plans to purchase assets, people familiar with the matter said, and is instead focused on investing directly in firms that provide financing to the broader economy.
On Monday, Treasury and Federal Reserve officials held a phone briefing with Capitol Hill staffers about the government's revised rescue of AIG. While Treasury will buy $40 billion in preferred AIG stock, the Fed will use $50 billion to purchase distressed assets from the company. On the call, Hill staffers asked why the Fed was buying the assets instead of Treasury. Fed staffers said the structure will help insulate taxpayers, according to someone familiar with the call.
Still, some lawmakers are eager to see Treasury focus exclusively on capital injections, rather than asset purchases.
"The more you look at auctions or asset purchases, the more you have the same problem: How do you set the price?" said Sen. Charles Schumer (D., N.Y.).
—Damian Paletta contributed to this article.
Was sagt ihr dazu??
http://www.nasdaq.com/asp/Holdings.asp?symbol=ABK&selected=A…
92% der Aktien werden Instituellen gehalten?? Kann doch gar nicht sein, oder??
http://www.nasdaq.com/asp/Holdings.asp?symbol=ABK&selected=A…
92% der Aktien werden Instituellen gehalten?? Kann doch gar nicht sein, oder??
Antwort auf Beitrag Nr.: 35.924.736 von watchandlearn am 12.11.08 14:16:36kann ich dir gar nicht sagen
Antwort auf Beitrag Nr.: 35.924.736 von watchandlearn am 12.11.08 14:16:36doch es ist so, 92% werden noch von inst anlegen gehalten
das who is who der branche ist vertreten
das who is who der branche ist vertreten
Antwort auf Beitrag Nr.: 35.925.134 von marcanthony am 12.11.08 14:48:01aber die müssen doch verkaufen
na leute geht heute rauf oder runter?
ich weiss es nicht wenn man sich Dow futura anschaut kann einem ja mal wieder schlecht werden
ich weiss es nicht wenn man sich Dow futura anschaut kann einem ja mal wieder schlecht werden
Antwort auf Beitrag Nr.: 35.925.153 von lustigerrudi am 12.11.08 14:49:25pensionsfonds müssten eigentlich verkaufen da keine dividende
bei den anderen ist es denke ich mal egal
insbesondere bei den zahlreich vertretenen hedgefunds und den banken
bei den anderen ist es denke ich mal egal
insbesondere bei den zahlreich vertretenen hedgefunds und den banken
let us stay over 1,44
Paulson's treasury Bazooka firing in 30 min
Leute, was ist hier auf den Märkten los??
Wo man hinschaut ist nur noch Panik. Also wer jetzt nicht kauft ist selber schuld...
Hat schon jemand 'ne Info zur Paulson-Rede?
watch&learn
Wo man hinschaut ist nur noch Panik. Also wer jetzt nicht kauft ist selber schuld...
Hat schon jemand 'ne Info zur Paulson-Rede?
watch&learn
ABK steigt gegen den Trend... vielleicht gibt's ja endlich was Positives.
Antwort auf Beitrag Nr.: 35.926.818 von watchandlearn am 12.11.08 16:45:26nichts über bond insurer
- idee toxic assets zu kaufen ist verworfen worden
- stattdessen equity von 150mrd $ in healthy banks
- dazu support von aig and frm fnm
- unterstützung von wegen foreclosures zu verhindern
- idee toxic assets zu kaufen ist verworfen worden
- stattdessen equity von 150mrd $ in healthy banks
- dazu support von aig and frm fnm
- unterstützung von wegen foreclosures zu verhindern
http://www.treas.gov/press/releases/hp1265.htm
November 12, 2008
HP-1265
Remarks by Secretary Henry M. Paulson, Jr. on Financial Rescue Package and Economic Update
Washington - Good morning. I will provide an update on the state of the financial system, our economy, and our strategy for continued implementation of the financial rescue package.
Current State of Global Financial System
The actions taken by Treasury, the Federal Reserve and the FDIC in October have clearly helped stabilize our financial system. Before we acted, we were at a tipping point. Credit markets were largely frozen, denying financial institutions, businesses and consumers access to vital funding and credit. U.S. and European financial institutions were under extreme pressure, and investor confidence in our system was dangerously low.
We also acted quickly and in coordination with colleagues around the world to stabilize the global financial system. Going into the Annual IMF/World Bank meetings in early October, I made clear that we would use the financial rescue package granted by Congress to purchase equity directly from financial institutions – the fastest and most productive means of using our new authorities to stabilize our financial system. We launched our capital purchase program the following week when we announced that nine of the largest U.S. financial institutions, holding approximately 55 percent of U.S. banking assets would sell $125 billion in preferred stock to the Treasury. At the same time, the FDIC announced it would temporarily guarantee all newly issued senior unsecured debt of participating organizations for up to three years. In addition, the FDIC provided an unlimited guarantee on non-interest bearing transaction accounts that expires at the end of next year.
As I assess where we are today, I believe we have taken the necessary steps to prevent a broad systemic event. Both at home and around the world we have already seen signs of improvement. Our system is stronger and more stable than just a few weeks ago. Although this is a major accomplishment, we have many challenges ahead of us. Our financial system remains fragile in the face of an economic downturn here and abroad, and financial institutions' balance sheets still hold significant illiquid assets. Market turmoil will not abate until the biggest part of the housing correction is behind us. Our primary focus must be recovery and repair.
Housing and Mortgage Finance
Overall, we are in a better position than we were, but we must address the continued challenges of a weak economy, especially the housing correction and lending contraction.
On housing, we have worked aggressively to avoid preventable foreclosures and keep mortgage financing available. In October 2007, we helped establish the HOPE NOW Alliance, a coalition of mortgage servicers, investors and counselors, to help struggling homeowners avoid preventable foreclosures. HOPE NOW created a streamlined protocol to assist struggling borrowers who could afford their homes with a loan modification. The industry is now helping 200,000 homeowners a month avoid foreclosure. In addition, HUD has created new programs to complement existing FHA options, and to refinance a larger number of struggling borrowers into affordable FHA mortgages.
Most significantly, we acted earlier this year to prevent the failure of Fannie Mae and Freddie Mac, the housing GSEs that now touch over 70 percent of mortgage originations. I clearly stated at that time three critical objectives: providing stability to financial markets, supporting the availability of mortgage finance, and protecting taxpayers – both by minimizing the near term costs to the taxpayer and by setting policymakers on a course to resolve the systemic risk created by the inherent conflict in the GSE structure.
Fortunately we acted, citing concerns about both the quality and quantity of GSE capital. Unfortunately, our actions proved all too necessary. The GSEs were failing, and if they did fail, it would have materially exacerbated the recent market turmoil and more profoundly impacted household wealth: from family budgets, to home values, to savings for college and retirement.
Earlier this week, Fannie Mae reported a record loss, including write-downs of its deferred tax assets that make up a significant portion of its capital. We monitor closely the performance of both Fannie Mae and Freddie Mac, and both are performing within the range of our expectations. The magnitude of the losses at Fannie Mae were within the range of what we expected, and further confirms the need for our strong actions.
Eight weeks ago, Treasury took responsibility for supporting the agency debt securities and the agency MBS through a preferred stock purchase agreement that guarantees a positive net worth in each enterprise – effectively, a guarantee on GSE debt and agency MBS. We also established a credit facility to provide the GSEs the strongest possible liquidity backstop. As the enterprises go through this difficult housing correction we will, as needed and promised, purchase preferred shares under the terms of that agreement. The U.S. government honors its commitments, and investors can bank on it.
When we took action in September, I said that we would be entering a "time out" – a period where the new President and Congress must decide what role government in general, and the GSEs in particular, should play in the housing market. In my view, government support needs to be either explicit or non-existent, and structured to resolve the conflict between public and private purposes. And policymakers must address the issue of systemic risk. In the weeks ahead, I will share some thoughts outlining my views on long term reform.
In the meantime, the GSEs now operate on stable footing. They have strong government support backing both future capital and liquidity needs. We have stabilized the GSEs and limited systemic risk, and our authorities provide us with additional flexibility to use as necessary to accomplish our objectives.
Implementing the Financial Rescue Package
More recently, we have also taken extraordinary steps to support our financial markets and financial institutions. As credit markets froze in mid-September, the Administration asked Congress for broad tools and flexibility to rescue the financial system. We asked for $700 billion to purchase troubled assets from financial institutions. At the time, we believed that would be the most effective means of getting credit flowing again.
During the two weeks that Congress considered the legislation, market conditions worsened considerably. It was clear to me by the time the bill was signed on October 3rd that we needed to act quickly and forcefully, and that purchasing troubled assets – our initial focus – would take time to implement and would not be sufficient given the severity of the problem. In consultation with the Federal Reserve, I determined that the most timely, effective step to improve credit market conditions was to strengthen bank balance sheets quickly through direct purchases of equity in banks.
Of course, before that time, the only instances in which Treasury had taken equity positions was in rescuing a failing institution. Both the preferred stock purchase agreement for Fannie Mae and Freddie Mac, and the Federal Reserve's secured lending facility for AIG came with significant taxpayer protections and conditions. As we planned a capital purchase plan to support the overall financial system by strengthening balance sheets of a broad array of healthy banks, the terms had to be designed to encourage broad participation, balanced to ensure appropriate taxpayer protection and not impede the flow of private capital.
Capital Purchase Plan
We announced a plan on October 14th to purchase up to $250 billion in preferred stock in federally regulated banks and thrifts. By October 26th we had $115 billion out the door to eight large institutions. In Washington that is a land-speed record from announcing a program to getting funds out the door. We now have approved dozens of additional applications, and investments are being made in approved institutions. Although we are moving very quickly it will take time to complete legal contracts and execute investments in the significant number of institutions who meet the eligibility requirements and are approved, but we are on the path to getting this done.
Although this program's primary purpose is stabilizing our financial system, banks must also continue lending. During times like these with a slowing economy and some deterioration in credit conditions, even the healthiest banks tend to become more risk-averse and restrain lending, and regulators' actions have reinforced this lending restraint in the past. With a stronger capital base, our banks will be more confident and better positioned to play their necessary role to support economic activity. Today banking regulators issued a statement emphasizing that the extraordinary government actions taken by the Fed, Treasury and FDIC to stabilize and strengthen the banking system are not merely one-sided; all banks – not just those participating in the Capital Purchase Program – have benefited, so they all also have responsibilities in the areas of lending, dividend and compensation policies, and foreclosure mitigation. I commend this action and I am particularly focused on the importance of prudent bank lending to restore our economic growth.
Since announcing the Capital Purchase Program, we have been examining a wide range of ideas that can further strengthen the financial system and get lending going again to support the broader economy. First and foremost, because the system remains fragile, we must continue to stand ready to prevent systemic failures. That is the basis for Monday's action to purchase preferred shares in AIG. The stability of our system remains the highest priority.
We must also allow markets and institutions to absorb the extensive array of new policies put in place in a very short period of time. The injection of up to $250 billion of capital into individual banks, the FDIC's temporary guarantee of bank debt and the Federal Reserve's multiple liquidity facilities for banks, money funds and commercial paper issuers have all significantly enhanced liquidity and helped improve market conditions.
Priorities for Remaining TARP Funds
We have evaluated options for most effectively deploying the remaining TARP funds, and have identified three critical priorities. First, we must continue to reinforce the stability of the financial system, so that banks and other institutions critical to the provision of credit are able to support economic recovery and growth. Although the financial system has stabilized, both banks and non-banks may well need more capital given their troubled asset holdings, projections for continued high rates of foreclosures and stagnant U.S. and world economic conditions. Second, the important markets for securitizing credit outside of the banking system also need support. Approximately 40 percent of U.S. consumer credit is provided through securitization of credit card receivables, auto loans and student loans and similar products. This market, which is vital for lending and growth, has for all practical purposes ground to a halt. Addressing these two priorities will have powerful impacts on the overall financial system, the strength of our financial institutions and the availability of consumer credit. Third, we continue to explore ways to reduce the risk of foreclosure.
Over these past weeks we have continued to examine the relative benefits of purchasing illiquid mortgage-related assets. Our assessment at this time is that this is not the most effective way to use TARP funds, but we will continue to examine whether targeted forms of asset purchase can play a useful role, relative to other potential uses of TARP resources, in helping to strengthen our financial system and support lending. But other strategies I will outline will help to alleviate the pressure of illiquid assets.
Further Strategies
First, we are designing further strategies for building capital in financial institutions. Stronger capital positions will enable financial institutions to better manage the illiquid assets on their books and better ensure that they remain healthy. Any future program should maintain our principle of encouraging participation of healthy institutions while protecting taxpayers. We are carefully evaluating programs which would further leverage the impact of a TARP investment by attracting private capital, potentially through matching investments. In developing a potential matching program, we will also consider capital needs of non-bank financial institutions not eligible for the current capital program; broadening access in this way would bring both benefits and challenges. Non-bank financial institutions provide credit that is essential to U.S. businesses and consumers. However, many are not directly regulated and are active in a wide range of businesses, and taxpayer protections in a program of this sort would be more difficult to achieve. Also before embarking on a second capital purchase program, the first one must be completed, and we have to assess its impact and use this information to evaluate the size and focus of an additional program in light of existing economic and market conditions.
Second, we are examining strategies to support consumer access to credit outside the banking system. To date, Fed, FDIC and Treasury programs have been targeted at our banking system, and the non-bank consumer finance sector continues to face difficult funding issues. Specifically, the asset-backed securitization market has played a critical role for many years in lowering the cost and increasing the availability of consumer finance. This market is currently in distress, costs of funding have skyrocketed and new issue activity has come to a halt. Today, the illiquidity in this sector is raising the cost and reducing the availability of car loans, student loans and credit cards. This is creating a heavy burden on the American people and reducing the number of jobs in our economy. With the Federal Reserve we are exploring the development of a potential liquidity facility for highly-rated AAA asset-backed securities. We are looking at ways to possibly use the TARP to encourage private investors to come back to this troubled market, by providing them access to federal financing while protecting the taxpayers' investment. By doing so, we can lower costs and increase credit availability for consumers. Addressing the needs of the securitization sector will help get lending going again, helping consumers and supporting the U.S. economy. While this securitization effort is targeted at consumer financing, the program we are evaluating may also be used to support new commercial and residential mortgage-backed securities lending.
Third, we are examining strategies to mitigate mortgage foreclosures. In crafting the financial rescue package, we and the Congress agreed that Treasury would use its leverage as a major purchaser of troubled mortgages to work with servicers and achieve more aggressive mortgage modification standards. Now that we are not planning to purchase illiquid mortgage assets, we must find another way to meet that commitment.
FDIC Chairman Bair has given us a model, in the mortgage modification protocol she developed with IndyMac Bank. Through the end of October, the FDIC has completed loan modifications for 3,500 borrowers, with several thousand more modifications currently being processed. These modifications have reduced payments for participating homeowners by an average of $380 month, or about 23 percent. We have worked with the FHFA, the GSEs, HUD and the Hope Now alliance who yesterday announced a streamlined industry-wide modification program that for the first time adopts an explicit affordability target similar to the model pioneered at IndyMac. With this commitment, the GSEs and large portfolio investors are setting a new industry standard for foreclosure mitigation. Potentially hundreds of thousands more struggling borrowers will be enabled to stay in their homes at an affordable monthly mortgage payment.
Beyond these efforts, there has been significant work to design and evaluate a number of proposals to induce further modifications. Each of these would, however, require substantial government subsidies. The FDIC, for example, has developed a proposal that Treasury and others in the Administration continue to discuss. I believe it is an important idea. As we evaluate the merits of any new proposal, we also will have to identify and justify the means to finance it. We must be careful to distinguish this type of assistance, which essentially involves direct spending, from the type of investments that are intended to promote financial stability, protect the taxpayer, and be recovered under the TARP legislation. Maximizing loan modifications, nonetheless, is a key part of working through the housing correction and maintaining the quality of communities across the nation, and we will continue working hard to make progress here.
We will continue to pursue the three strategies I have just outlined: how best to strengthen the capital base of our financial system; how best to support the asset-backed securitization market that is critical to consumer finance, and how to increase foreclosure mitigation efforts. All of these strategies are important, but ensuring the financial system has sufficient capital is essential to getting credit flowing to consumers and businesses and that is where the bulk of the remaining TARP funds should be deployed --- in a program to support the system and as a contingency reserve for addressing any unforeseen systemic events.
We are focused on developing and preparing programs which can be implemented for each of these strategies. We will continue to brief President-elect Obama's transition team on all of these issues.
Global Challenge
Of course managing through this market turmoil while mitigating the impact of the credit crisis is a global as well as a national issue. We in the U.S. are well aware and humbled by our own failings and recognize our special responsibility to the global economy. The U.S. housing correction exposed gaping shortcomings in the outdated U.S. regulatory system, shortcomings in other regulatory regimes and excesses in U.S. and European financial institutions. These institutions found themselves with large holdings of structured products, including complex and opaque mortgage-backed securities. Some European institutions were characterized by high leverage, exposure to their own housing markets, exposure to Central European institutions, weak business models or overly aggressive expansion, while others faced weaknesses because of inadequate depositor protection systems. It should not be surprising that after 13 months of stress in the global capital markets, banks from the U.S. to the U.K., from Germany to Iceland, from Russia to France, had difficulties that exposed some of these weaknesses for the first time. For some of these banks, this proved to be a hurdle too high and government action was necessary to support financial stability.
In that regard the G7 Finance Ministers meeting last month represented a major turning point in stabilizing the global financial system as the ministers came together to support a number of powerful strategies that were soon turned into effective actions in the United States and Europe. It is also clear that our first priority must be recovery and repair. And of course we must take strong actions to fix our system so that the world does not have to suffer something like this ever again. The Leaders summit President Bush will be hosting this weekend marks a very important step in what will be an ongoing process of recovery and reform.
And to adequately reform our system, we must make sure we fully understand the nature of the problem which will not be possible until we are confident it is behind us. Of course, it is already clear that we must address a number of significant issues, such as improving risk management practices, compensation practices, oversight of mortgage origination and the securitization process, credit rating agencies, OTC derivative market infrastructure and regulatory policies, practices and regimes in our respective countries. And we recognize that our financial institutions and our markets are global, but our regulatory regimes are national, so we will examine how best to improve cooperation and information sharing to foster global financial system stability.
But let us not forget one fundamental issue which lies at the heart of our problems. Over a period of years, persistent and growing global imbalances fueled a dramatic increase in capital flows, low interest rates, excessive risk taking and a global search for return. Those excesses cannot be attributed to any single nation. There is no doubt that low U.S. savings are a significant factor, but the lack of consumption and accumulation of reserves in Asia and oil-exporting countries and structural issues in Europe have also fed the imbalances.
If we only address particular regulatory issues – as critical as they are – without addressing the global imbalances that fueled recent excesses, we will have missed an opportunity to dramatically improve the foundation for global markets and economic vitality going forward. The pressure from global imbalances will simply build up again until it finds another outlet.
The nations attending this weekend's summit represent the 20 largest economies in the world – over 77 percent of global GDP. President Bush is convening this group of countries to discuss and address problems such as global imbalances, making regulatory regimes more effective, fostering cooperation among regulators, and reforming international institutions to better address today's global economy. We can't simply task the IMF, the FSF or other International Financial Institutions to solve the problems, unless member nations all see that they have a shared interest in a solution. There are no easy answers, because until we reach a consensus on a broad-based reform agenda, we will not reach a solution. This weekend provides an opportunity for nations to take an important step, but only one step, on the necessary path to reform.
Conclusion
The road ahead, for the U.S. economy and the global economy, is full of challenges. And it will take strong leadership to address them. I am confident the United States, under this and the next Administration, will rise to these challenges. I will do everything I can to put us on the right path, both by working diligently through the end of my term and by working closely to ensure the smoothest possible transition.
November 12, 2008
HP-1265
Remarks by Secretary Henry M. Paulson, Jr. on Financial Rescue Package and Economic Update
Washington - Good morning. I will provide an update on the state of the financial system, our economy, and our strategy for continued implementation of the financial rescue package.
Current State of Global Financial System
The actions taken by Treasury, the Federal Reserve and the FDIC in October have clearly helped stabilize our financial system. Before we acted, we were at a tipping point. Credit markets were largely frozen, denying financial institutions, businesses and consumers access to vital funding and credit. U.S. and European financial institutions were under extreme pressure, and investor confidence in our system was dangerously low.
We also acted quickly and in coordination with colleagues around the world to stabilize the global financial system. Going into the Annual IMF/World Bank meetings in early October, I made clear that we would use the financial rescue package granted by Congress to purchase equity directly from financial institutions – the fastest and most productive means of using our new authorities to stabilize our financial system. We launched our capital purchase program the following week when we announced that nine of the largest U.S. financial institutions, holding approximately 55 percent of U.S. banking assets would sell $125 billion in preferred stock to the Treasury. At the same time, the FDIC announced it would temporarily guarantee all newly issued senior unsecured debt of participating organizations for up to three years. In addition, the FDIC provided an unlimited guarantee on non-interest bearing transaction accounts that expires at the end of next year.
As I assess where we are today, I believe we have taken the necessary steps to prevent a broad systemic event. Both at home and around the world we have already seen signs of improvement. Our system is stronger and more stable than just a few weeks ago. Although this is a major accomplishment, we have many challenges ahead of us. Our financial system remains fragile in the face of an economic downturn here and abroad, and financial institutions' balance sheets still hold significant illiquid assets. Market turmoil will not abate until the biggest part of the housing correction is behind us. Our primary focus must be recovery and repair.
Housing and Mortgage Finance
Overall, we are in a better position than we were, but we must address the continued challenges of a weak economy, especially the housing correction and lending contraction.
On housing, we have worked aggressively to avoid preventable foreclosures and keep mortgage financing available. In October 2007, we helped establish the HOPE NOW Alliance, a coalition of mortgage servicers, investors and counselors, to help struggling homeowners avoid preventable foreclosures. HOPE NOW created a streamlined protocol to assist struggling borrowers who could afford their homes with a loan modification. The industry is now helping 200,000 homeowners a month avoid foreclosure. In addition, HUD has created new programs to complement existing FHA options, and to refinance a larger number of struggling borrowers into affordable FHA mortgages.
Most significantly, we acted earlier this year to prevent the failure of Fannie Mae and Freddie Mac, the housing GSEs that now touch over 70 percent of mortgage originations. I clearly stated at that time three critical objectives: providing stability to financial markets, supporting the availability of mortgage finance, and protecting taxpayers – both by minimizing the near term costs to the taxpayer and by setting policymakers on a course to resolve the systemic risk created by the inherent conflict in the GSE structure.
Fortunately we acted, citing concerns about both the quality and quantity of GSE capital. Unfortunately, our actions proved all too necessary. The GSEs were failing, and if they did fail, it would have materially exacerbated the recent market turmoil and more profoundly impacted household wealth: from family budgets, to home values, to savings for college and retirement.
Earlier this week, Fannie Mae reported a record loss, including write-downs of its deferred tax assets that make up a significant portion of its capital. We monitor closely the performance of both Fannie Mae and Freddie Mac, and both are performing within the range of our expectations. The magnitude of the losses at Fannie Mae were within the range of what we expected, and further confirms the need for our strong actions.
Eight weeks ago, Treasury took responsibility for supporting the agency debt securities and the agency MBS through a preferred stock purchase agreement that guarantees a positive net worth in each enterprise – effectively, a guarantee on GSE debt and agency MBS. We also established a credit facility to provide the GSEs the strongest possible liquidity backstop. As the enterprises go through this difficult housing correction we will, as needed and promised, purchase preferred shares under the terms of that agreement. The U.S. government honors its commitments, and investors can bank on it.
When we took action in September, I said that we would be entering a "time out" – a period where the new President and Congress must decide what role government in general, and the GSEs in particular, should play in the housing market. In my view, government support needs to be either explicit or non-existent, and structured to resolve the conflict between public and private purposes. And policymakers must address the issue of systemic risk. In the weeks ahead, I will share some thoughts outlining my views on long term reform.
In the meantime, the GSEs now operate on stable footing. They have strong government support backing both future capital and liquidity needs. We have stabilized the GSEs and limited systemic risk, and our authorities provide us with additional flexibility to use as necessary to accomplish our objectives.
Implementing the Financial Rescue Package
More recently, we have also taken extraordinary steps to support our financial markets and financial institutions. As credit markets froze in mid-September, the Administration asked Congress for broad tools and flexibility to rescue the financial system. We asked for $700 billion to purchase troubled assets from financial institutions. At the time, we believed that would be the most effective means of getting credit flowing again.
During the two weeks that Congress considered the legislation, market conditions worsened considerably. It was clear to me by the time the bill was signed on October 3rd that we needed to act quickly and forcefully, and that purchasing troubled assets – our initial focus – would take time to implement and would not be sufficient given the severity of the problem. In consultation with the Federal Reserve, I determined that the most timely, effective step to improve credit market conditions was to strengthen bank balance sheets quickly through direct purchases of equity in banks.
Of course, before that time, the only instances in which Treasury had taken equity positions was in rescuing a failing institution. Both the preferred stock purchase agreement for Fannie Mae and Freddie Mac, and the Federal Reserve's secured lending facility for AIG came with significant taxpayer protections and conditions. As we planned a capital purchase plan to support the overall financial system by strengthening balance sheets of a broad array of healthy banks, the terms had to be designed to encourage broad participation, balanced to ensure appropriate taxpayer protection and not impede the flow of private capital.
Capital Purchase Plan
We announced a plan on October 14th to purchase up to $250 billion in preferred stock in federally regulated banks and thrifts. By October 26th we had $115 billion out the door to eight large institutions. In Washington that is a land-speed record from announcing a program to getting funds out the door. We now have approved dozens of additional applications, and investments are being made in approved institutions. Although we are moving very quickly it will take time to complete legal contracts and execute investments in the significant number of institutions who meet the eligibility requirements and are approved, but we are on the path to getting this done.
Although this program's primary purpose is stabilizing our financial system, banks must also continue lending. During times like these with a slowing economy and some deterioration in credit conditions, even the healthiest banks tend to become more risk-averse and restrain lending, and regulators' actions have reinforced this lending restraint in the past. With a stronger capital base, our banks will be more confident and better positioned to play their necessary role to support economic activity. Today banking regulators issued a statement emphasizing that the extraordinary government actions taken by the Fed, Treasury and FDIC to stabilize and strengthen the banking system are not merely one-sided; all banks – not just those participating in the Capital Purchase Program – have benefited, so they all also have responsibilities in the areas of lending, dividend and compensation policies, and foreclosure mitigation. I commend this action and I am particularly focused on the importance of prudent bank lending to restore our economic growth.
Since announcing the Capital Purchase Program, we have been examining a wide range of ideas that can further strengthen the financial system and get lending going again to support the broader economy. First and foremost, because the system remains fragile, we must continue to stand ready to prevent systemic failures. That is the basis for Monday's action to purchase preferred shares in AIG. The stability of our system remains the highest priority.
We must also allow markets and institutions to absorb the extensive array of new policies put in place in a very short period of time. The injection of up to $250 billion of capital into individual banks, the FDIC's temporary guarantee of bank debt and the Federal Reserve's multiple liquidity facilities for banks, money funds and commercial paper issuers have all significantly enhanced liquidity and helped improve market conditions.
Priorities for Remaining TARP Funds
We have evaluated options for most effectively deploying the remaining TARP funds, and have identified three critical priorities. First, we must continue to reinforce the stability of the financial system, so that banks and other institutions critical to the provision of credit are able to support economic recovery and growth. Although the financial system has stabilized, both banks and non-banks may well need more capital given their troubled asset holdings, projections for continued high rates of foreclosures and stagnant U.S. and world economic conditions. Second, the important markets for securitizing credit outside of the banking system also need support. Approximately 40 percent of U.S. consumer credit is provided through securitization of credit card receivables, auto loans and student loans and similar products. This market, which is vital for lending and growth, has for all practical purposes ground to a halt. Addressing these two priorities will have powerful impacts on the overall financial system, the strength of our financial institutions and the availability of consumer credit. Third, we continue to explore ways to reduce the risk of foreclosure.
Over these past weeks we have continued to examine the relative benefits of purchasing illiquid mortgage-related assets. Our assessment at this time is that this is not the most effective way to use TARP funds, but we will continue to examine whether targeted forms of asset purchase can play a useful role, relative to other potential uses of TARP resources, in helping to strengthen our financial system and support lending. But other strategies I will outline will help to alleviate the pressure of illiquid assets.
Further Strategies
First, we are designing further strategies for building capital in financial institutions. Stronger capital positions will enable financial institutions to better manage the illiquid assets on their books and better ensure that they remain healthy. Any future program should maintain our principle of encouraging participation of healthy institutions while protecting taxpayers. We are carefully evaluating programs which would further leverage the impact of a TARP investment by attracting private capital, potentially through matching investments. In developing a potential matching program, we will also consider capital needs of non-bank financial institutions not eligible for the current capital program; broadening access in this way would bring both benefits and challenges. Non-bank financial institutions provide credit that is essential to U.S. businesses and consumers. However, many are not directly regulated and are active in a wide range of businesses, and taxpayer protections in a program of this sort would be more difficult to achieve. Also before embarking on a second capital purchase program, the first one must be completed, and we have to assess its impact and use this information to evaluate the size and focus of an additional program in light of existing economic and market conditions.
Second, we are examining strategies to support consumer access to credit outside the banking system. To date, Fed, FDIC and Treasury programs have been targeted at our banking system, and the non-bank consumer finance sector continues to face difficult funding issues. Specifically, the asset-backed securitization market has played a critical role for many years in lowering the cost and increasing the availability of consumer finance. This market is currently in distress, costs of funding have skyrocketed and new issue activity has come to a halt. Today, the illiquidity in this sector is raising the cost and reducing the availability of car loans, student loans and credit cards. This is creating a heavy burden on the American people and reducing the number of jobs in our economy. With the Federal Reserve we are exploring the development of a potential liquidity facility for highly-rated AAA asset-backed securities. We are looking at ways to possibly use the TARP to encourage private investors to come back to this troubled market, by providing them access to federal financing while protecting the taxpayers' investment. By doing so, we can lower costs and increase credit availability for consumers. Addressing the needs of the securitization sector will help get lending going again, helping consumers and supporting the U.S. economy. While this securitization effort is targeted at consumer financing, the program we are evaluating may also be used to support new commercial and residential mortgage-backed securities lending.
Third, we are examining strategies to mitigate mortgage foreclosures. In crafting the financial rescue package, we and the Congress agreed that Treasury would use its leverage as a major purchaser of troubled mortgages to work with servicers and achieve more aggressive mortgage modification standards. Now that we are not planning to purchase illiquid mortgage assets, we must find another way to meet that commitment.
FDIC Chairman Bair has given us a model, in the mortgage modification protocol she developed with IndyMac Bank. Through the end of October, the FDIC has completed loan modifications for 3,500 borrowers, with several thousand more modifications currently being processed. These modifications have reduced payments for participating homeowners by an average of $380 month, or about 23 percent. We have worked with the FHFA, the GSEs, HUD and the Hope Now alliance who yesterday announced a streamlined industry-wide modification program that for the first time adopts an explicit affordability target similar to the model pioneered at IndyMac. With this commitment, the GSEs and large portfolio investors are setting a new industry standard for foreclosure mitigation. Potentially hundreds of thousands more struggling borrowers will be enabled to stay in their homes at an affordable monthly mortgage payment.
Beyond these efforts, there has been significant work to design and evaluate a number of proposals to induce further modifications. Each of these would, however, require substantial government subsidies. The FDIC, for example, has developed a proposal that Treasury and others in the Administration continue to discuss. I believe it is an important idea. As we evaluate the merits of any new proposal, we also will have to identify and justify the means to finance it. We must be careful to distinguish this type of assistance, which essentially involves direct spending, from the type of investments that are intended to promote financial stability, protect the taxpayer, and be recovered under the TARP legislation. Maximizing loan modifications, nonetheless, is a key part of working through the housing correction and maintaining the quality of communities across the nation, and we will continue working hard to make progress here.
We will continue to pursue the three strategies I have just outlined: how best to strengthen the capital base of our financial system; how best to support the asset-backed securitization market that is critical to consumer finance, and how to increase foreclosure mitigation efforts. All of these strategies are important, but ensuring the financial system has sufficient capital is essential to getting credit flowing to consumers and businesses and that is where the bulk of the remaining TARP funds should be deployed --- in a program to support the system and as a contingency reserve for addressing any unforeseen systemic events.
We are focused on developing and preparing programs which can be implemented for each of these strategies. We will continue to brief President-elect Obama's transition team on all of these issues.
Global Challenge
Of course managing through this market turmoil while mitigating the impact of the credit crisis is a global as well as a national issue. We in the U.S. are well aware and humbled by our own failings and recognize our special responsibility to the global economy. The U.S. housing correction exposed gaping shortcomings in the outdated U.S. regulatory system, shortcomings in other regulatory regimes and excesses in U.S. and European financial institutions. These institutions found themselves with large holdings of structured products, including complex and opaque mortgage-backed securities. Some European institutions were characterized by high leverage, exposure to their own housing markets, exposure to Central European institutions, weak business models or overly aggressive expansion, while others faced weaknesses because of inadequate depositor protection systems. It should not be surprising that after 13 months of stress in the global capital markets, banks from the U.S. to the U.K., from Germany to Iceland, from Russia to France, had difficulties that exposed some of these weaknesses for the first time. For some of these banks, this proved to be a hurdle too high and government action was necessary to support financial stability.
In that regard the G7 Finance Ministers meeting last month represented a major turning point in stabilizing the global financial system as the ministers came together to support a number of powerful strategies that were soon turned into effective actions in the United States and Europe. It is also clear that our first priority must be recovery and repair. And of course we must take strong actions to fix our system so that the world does not have to suffer something like this ever again. The Leaders summit President Bush will be hosting this weekend marks a very important step in what will be an ongoing process of recovery and reform.
And to adequately reform our system, we must make sure we fully understand the nature of the problem which will not be possible until we are confident it is behind us. Of course, it is already clear that we must address a number of significant issues, such as improving risk management practices, compensation practices, oversight of mortgage origination and the securitization process, credit rating agencies, OTC derivative market infrastructure and regulatory policies, practices and regimes in our respective countries. And we recognize that our financial institutions and our markets are global, but our regulatory regimes are national, so we will examine how best to improve cooperation and information sharing to foster global financial system stability.
But let us not forget one fundamental issue which lies at the heart of our problems. Over a period of years, persistent and growing global imbalances fueled a dramatic increase in capital flows, low interest rates, excessive risk taking and a global search for return. Those excesses cannot be attributed to any single nation. There is no doubt that low U.S. savings are a significant factor, but the lack of consumption and accumulation of reserves in Asia and oil-exporting countries and structural issues in Europe have also fed the imbalances.
If we only address particular regulatory issues – as critical as they are – without addressing the global imbalances that fueled recent excesses, we will have missed an opportunity to dramatically improve the foundation for global markets and economic vitality going forward. The pressure from global imbalances will simply build up again until it finds another outlet.
The nations attending this weekend's summit represent the 20 largest economies in the world – over 77 percent of global GDP. President Bush is convening this group of countries to discuss and address problems such as global imbalances, making regulatory regimes more effective, fostering cooperation among regulators, and reforming international institutions to better address today's global economy. We can't simply task the IMF, the FSF or other International Financial Institutions to solve the problems, unless member nations all see that they have a shared interest in a solution. There are no easy answers, because until we reach a consensus on a broad-based reform agenda, we will not reach a solution. This weekend provides an opportunity for nations to take an important step, but only one step, on the necessary path to reform.
Conclusion
The road ahead, for the U.S. economy and the global economy, is full of challenges. And it will take strong leadership to address them. I am confident the United States, under this and the next Administration, will rise to these challenges. I will do everything I can to put us on the right path, both by working diligently through the end of my term and by working closely to ensure the smoothest possible transition.
Antwort auf Beitrag Nr.: 35.926.818 von watchandlearn am 12.11.08 16:45:26
Antwort auf Beitrag Nr.: 35.927.344 von diamanten53 am 12.11.08 17:17:53wir haben hier eine rule, jeder der hier um die ecke geschneit kommt sagt als allererstes erstmal Hallo Guten Tag oder wie auch immer
also ich habe mal ne Analyse von dem Kursverlauf und volumen gemacht
1.Volumen, das Volumen wird seit Tagen immer geringer
vorgestern und gestern wurden 2 Mio mehr verkauft als gekauft
heute sieht es bis jetzt schon ein bißchen anders aus sehe ich als positives Zeichen
2. Kursverlauf bzw. Range :
die Range in der sich der Kurs bewegt wird immer geringer
sehe ich als positives Zeichen
3. Kurs:
der Kurs hatte gestern sein Tief bei 1,36 und sein Hoch bei 1,56
heute hat der Kurs wieder die 1,36 angekratzt ist aber zur Zeit darüber, dh heisst wenn wir nicht unter 1,36 gehen ist die das erste Kaufsignal am besten wäre noch heute ein schlusskurs von 1,56bzw darüber dann könnte eigentlich nichts mehr passierenauch wenn wir unter 1,56 schliessen würde die welt noch in Ordnung sein
sehen wir aber heute ein neues Tief zum Beispiel 1,34 und würden nicht in dem Moment über 1,56 schliessen gehen wir bestimmt nochmal auf die 1,20 aber aber aber aber das steht noch alles in den Sternen
ich persönlich konzentriere mich jetzt auf die 1,36,dass er die nicht durchbricht toi toi toi
Paco
1.Volumen, das Volumen wird seit Tagen immer geringer
vorgestern und gestern wurden 2 Mio mehr verkauft als gekauft
heute sieht es bis jetzt schon ein bißchen anders aus sehe ich als positives Zeichen
2. Kursverlauf bzw. Range :
die Range in der sich der Kurs bewegt wird immer geringer
sehe ich als positives Zeichen
3. Kurs:
der Kurs hatte gestern sein Tief bei 1,36 und sein Hoch bei 1,56
heute hat der Kurs wieder die 1,36 angekratzt ist aber zur Zeit darüber, dh heisst wenn wir nicht unter 1,36 gehen ist die das erste Kaufsignal am besten wäre noch heute ein schlusskurs von 1,56bzw darüber dann könnte eigentlich nichts mehr passierenauch wenn wir unter 1,56 schliessen würde die welt noch in Ordnung sein
sehen wir aber heute ein neues Tief zum Beispiel 1,34 und würden nicht in dem Moment über 1,56 schliessen gehen wir bestimmt nochmal auf die 1,20 aber aber aber aber das steht noch alles in den Sternen
ich persönlich konzentriere mich jetzt auf die 1,36,dass er die nicht durchbricht toi toi toi
Paco
Antwort auf Beitrag Nr.: 35.927.485 von pacoraban am 12.11.08 17:27:55habt jemand ne Meinung dazu?
Antwort auf Beitrag Nr.: 35.927.600 von pacoraban am 12.11.08 17:37:10ja, ich, würde mal sagen, strongest sell wäre besser gewesen
Antwort auf Beitrag Nr.: 35.927.600 von pacoraban am 12.11.08 17:37:10Gut analysiert.
Hängt leider viel vom Gesamtmarkt ab. Seit 4.11. gab es nur einen positives SK beim DJ.
Sobald sich der Gesamtmarkt beruhigt (denke das dauert nicht mehr lange), sollte auch ABK wieder steigen.
Bei positiven News bezüglich Unterstützung geht es hoffentlich richtig hoch und wir schließen das GAP bei 3,25$.
Hängt leider viel vom Gesamtmarkt ab. Seit 4.11. gab es nur einen positives SK beim DJ.
Sobald sich der Gesamtmarkt beruhigt (denke das dauert nicht mehr lange), sollte auch ABK wieder steigen.
Bei positiven News bezüglich Unterstützung geht es hoffentlich richtig hoch und wir schließen das GAP bei 3,25$.
Antwort auf Beitrag Nr.: 35.927.600 von pacoraban am 12.11.08 17:37:10NO WAY
derzeit ist keine FED hilfe in sichtweite, die konzentrieren sich jetzt auf den nächsten brandherd...nach immobilienkrise kommt jetzt die kreditkrise und wir alle wissen ja dass die amis nur auf pump mit ihren 20 kreditkarten leben
ich kann derzeit nicht einschätzen in welche richtung abk geht
derzeit ist keine FED hilfe in sichtweite, die konzentrieren sich jetzt auf den nächsten brandherd...nach immobilienkrise kommt jetzt die kreditkrise und wir alle wissen ja dass die amis nur auf pump mit ihren 20 kreditkarten leben
ich kann derzeit nicht einschätzen in welche richtung abk geht
Antwort auf Beitrag Nr.: 35.927.682 von SLCRacer2008 am 12.11.08 17:43:041. Hallo
2. Frage noch nicht beantwortet kalte Herz gelesen oder nicht
3. schwache Aussage
2. Frage noch nicht beantwortet kalte Herz gelesen oder nicht
3. schwache Aussage
Deine Analyse ist schon OK aber momentan kann man sie links liegen lassen , die Aktie fällt und steigt mit dem Dow und momentan richtet sich alles danach , es gibt leider nur wenige Werte die dies Ignorieren .
Wenn ruhe im Finanz und Versicherungsmarkt einkehrt wird Deine These auch zutreffen .
Alles meine Meinung mfG
Wenn ruhe im Finanz und Versicherungsmarkt einkehrt wird Deine These auch zutreffen .
Alles meine Meinung mfG
Antwort auf Beitrag Nr.: 35.927.696 von watchandlearn am 12.11.08 17:44:131.danke fürs statement
2.genau die 3,25$ Gap Kompliment zurück gut analysiert
Grüße
Paco
2.genau die 3,25$ Gap Kompliment zurück gut analysiert
Grüße
Paco
Antwort auf Beitrag Nr.: 35.927.485 von pacoraban am 12.11.08 17:27:55servus miteinander
keine schlechte analyse...
ich fürchte aber, die 1,36 werden nicht halten...
mist.
keine schlechte analyse...
ich fürchte aber, die 1,36 werden nicht halten...
mist.
dann müssen wir halt
oder die 1,56 im sk
oder die 1,56 im sk
meine prognose ist dass wir beim dow/s+P und dax die tiefststände aus oktober testen werden, entweder do oder fr
halten die nicht dann kommt keine jahresendrally und dann gute nacht
bekommen die amis die krisen bei den consumerkrediten und in der autobranche nicht hin dann wird nicht nur 2009 extrem schlecht
halten die nicht dann kommt keine jahresendrally und dann gute nacht
bekommen die amis die krisen bei den consumerkrediten und in der autobranche nicht hin dann wird nicht nur 2009 extrem schlecht
Antwort auf Beitrag Nr.: 35.927.960 von marcanthony am 12.11.08 18:03:02sehr gut analysiert sehe es auch so wenn wir diese >Marken testen könnte es noch ne Rallie geben
Antwort auf Beitrag Nr.: 35.927.485 von pacoraban am 12.11.08 17:27:55sehe ich auch ähnlich. Jedoch wenn wir unter 1,35 USD rutschen, sehen wir aber schnell 1,2 USD. Dort wäre nämlich die nächste Unterstützung. So tie sinken wollen wir doch nicht, oder?
Aber, wer weiß das schon???
Aber, wer weiß das schon???
schön das euch die Analyse von vielen hier genauso gesehen wird
stimmt mich positiv
stimmt mich positiv
Antwort auf Beitrag Nr.: 35.928.217 von pacoraban am 12.11.08 18:20:18PACO, hier wird nicht gezockt, wie Du geschrieben hast, sondern spekuliert
Ein wenig analysieren sollten wir schon, gelll
Ein wenig analysieren sollten wir schon, gelll
Antwort auf Beitrag Nr.: 35.928.282 von surga am 12.11.08 18:25:08
alles klar
alles klar
Antwort auf Beitrag Nr.: 35.928.282 von surga am 12.11.08 18:25:08wer kein geld hat, muss spekulieren...
5TagesChart
Antwort auf Beitrag Nr.: 35.928.282 von surga am 12.11.08 18:25:08ich zocke hier aber auch wenn ich spekuliere nebenbei
Antwort auf Beitrag Nr.: 35.928.331 von kamikazeschneider am 12.11.08 18:28:45wäre nicht schlecht, aber womit denn
Antwort auf Beitrag Nr.: 35.928.334 von surga am 12.11.08 18:28:55schön gut das mal jemand wieder den Chart reinstellt
Leute wir haben heir das beste forum auf wallstreet
Leute wir haben heir das beste forum auf wallstreet
Antwort auf Beitrag Nr.: 35.927.485 von pacoraban am 12.11.08 17:27:55Hallo Paco!
Sehr gute Analyse...
Ich finde es sehr gut, dass bis jetzt die $1,36 hält!!
Ich schließe eine Erhöhung auf $1,45 nicht aus, für heute.
Ich zocke, spekuliere & halte...
Sehr gute Analyse...
Ich finde es sehr gut, dass bis jetzt die $1,36 hält!!
Ich schließe eine Erhöhung auf $1,45 nicht aus, für heute.
Ich zocke, spekuliere & halte...
Antwort auf Beitrag Nr.: 35.928.374 von surga am 12.11.08 18:31:44wer viel geld hat, kann spekulieren...
wer wenig geld hat, darf nicht spekulieren...
wer kein geld hat, muss spekulieren... (ich weiß auch nicht, auf pump?)
wer wenig geld hat, darf nicht spekulieren...
wer kein geld hat, muss spekulieren... (ich weiß auch nicht, auf pump?)
Antwort auf Beitrag Nr.: 35.928.388 von pacoraban am 12.11.08 18:32:45hier noch was
Ich hoffe jetzt mal, dass der DOW bald mal dreht.
Wenn nicht und er fällt noch unter 8400 und schließt auch noch darunter - Dann gute Nacht.
Schließe dann eine neue Verkaufs-Panik nicht aus...
Wenn nicht und er fällt noch unter 8400 und schließt auch noch darunter - Dann gute Nacht.
Schließe dann eine neue Verkaufs-Panik nicht aus...
Antwort auf Beitrag Nr.: 35.928.425 von zip2000 am 12.11.08 18:35:20Moin zipp2000,
alter Haudegen wir haben dich heute schon vermisst
zumindest ich
ich mag es auch sehr dass wir hier stehen und nicht die 1,35 oder tiefer gesehen haben, bis jetzt
eine Erhöhung wäre schön
ich denke marc wird recht haben was den Dow betrifft ich spekuliere sogar dass wir morgen im Dow die Marke schon sehen könnten, je schneller desto besser und dann up das Weinachtsgeschäft steht vor der Tür
und wir wollen doch ordentlich feiern
ob das abk noch beeinflusst im Kurs auch wenn wir in den 7.800 Bereich rutschen glaube ich gar nicht
oder denkts du abk wird mit runter gezogen?
alter Haudegen wir haben dich heute schon vermisst
zumindest ich
ich mag es auch sehr dass wir hier stehen und nicht die 1,35 oder tiefer gesehen haben, bis jetzt
eine Erhöhung wäre schön
ich denke marc wird recht haben was den Dow betrifft ich spekuliere sogar dass wir morgen im Dow die Marke schon sehen könnten, je schneller desto besser und dann up das Weinachtsgeschäft steht vor der Tür
und wir wollen doch ordentlich feiern
ob das abk noch beeinflusst im Kurs auch wenn wir in den 7.800 Bereich rutschen glaube ich gar nicht
oder denkts du abk wird mit runter gezogen?
,mann oh mann das ist Krimi time
Antwort auf Beitrag Nr.: 35.928.550 von pacoraban am 12.11.08 18:45:30Vermisst werden ist schööööön...
Ja, definitiv... Ich glaube, wenn der DOW weiter runter geht, dass ABK mit runter gezogen wird.
Muss ja - Meine Posi wartet bei unter €0,97!!
Dem Weihnachtsgeschäft würde es ganz bestimmt gut tun, wenn es jetzt mal ordentlich Richtung Norden gehen würde.
Ja, definitiv... Ich glaube, wenn der DOW weiter runter geht, dass ABK mit runter gezogen wird.
Muss ja - Meine Posi wartet bei unter €0,97!!
Dem Weihnachtsgeschäft würde es ganz bestimmt gut tun, wenn es jetzt mal ordentlich Richtung Norden gehen würde.
so, bin auch drin......der dj zieht langsam, aber schön nach oben, wird ja heute evtl. noch was...
p.s.: hallo zusammen
Antwort auf Beitrag Nr.: 35.928.750 von gweschl am 12.11.08 18:58:54Hallo...
NASDAQ Last Sale 1.36 -0.12 -8.11%
Antwort auf Beitrag Nr.: 35.928.940 von zip2000 am 12.11.08 19:11:06spitz auf knopf...
wären wir konsequent, müssten wir spätestens bei 1,34 verkaufen...
wären wir konsequent, müssten wir spätestens bei 1,34 verkaufen...
Antwort auf Beitrag Nr.: 35.929.029 von kamikazeschneider am 12.11.08 19:16:42Nene... So schlimm ist es nicht... Verkauft wird erst bei €10,-
...Paulson hat es präzisiert:...He has shelved (ausgeschoben, verschoben, auf die Lange Bank gelegt) the original plan to buy troubled mortgaged assets while turning his attention to non-bank institutions and consumer finance....
Das dürfte wohl die Erklärung dafür sein, dass Ambac abtaucht.
Aus die Maus? Habe bei 2.12 verkauft. Ich liege auf der Dauer, aber einsteigen bei der Nachrichtenlage? Ich denke nicht
Allen Investierten ein gutes Händchen
Seelord
Das dürfte wohl die Erklärung dafür sein, dass Ambac abtaucht.
Aus die Maus? Habe bei 2.12 verkauft. Ich liege auf der Dauer, aber einsteigen bei der Nachrichtenlage? Ich denke nicht
Allen Investierten ein gutes Händchen
Seelord
!
Dieser Beitrag wurde moderiert.
Antwort auf Beitrag Nr.: 35.929.811 von SLCRacer2008 am 12.11.08 20:12:37warum gehst und bleibst du nicht in deinem beate uhse forum
da fühlst du dich doch sicher besser aufgehoben
das niveau deiner postings entspricht dem sortiment
non financials (zu denen auch abk gehört) können bis 18.11.08 hilfen beantragen
da fühlst du dich doch sicher besser aufgehoben
das niveau deiner postings entspricht dem sortiment
non financials (zu denen auch abk gehört) können bis 18.11.08 hilfen beantragen
Antwort auf Beitrag Nr.: 35.930.058 von marcanthony am 12.11.08 20:28:36Hallo MarcAnthony, es ist doch richtig, dass ein wesenticher Teil der Vorlage an die Treasury die Bitte war, "troubled mortgaged assets" aufzukaufen? Und diese Problempakete im Subprime-Business sind "shelved". Oder etwa nicht? Zumindest interpretiere ích das so.
Ob MBIA und Ambac trotzdem in den Genuss nachhaltiger Staatshilfe kommen, kann ich natürlich auch nicht sagen.
Gruss Seelord
Ob MBIA und Ambac trotzdem in den Genuss nachhaltiger Staatshilfe kommen, kann ich natürlich auch nicht sagen.
Gruss Seelord
MoinLeute
konnte jetzt erst wiedergucken und siehe da die 1,36 sind durchgebrochen und n. Ziel wird wohl die 1,20 sein
Morgen kriegste sie zipp
konnte jetzt erst wiedergucken und siehe da die 1,36 sind durchgebrochen und n. Ziel wird wohl die 1,20 sein
Morgen kriegste sie zipp
Antwort auf Beitrag Nr.: 35.929.029 von kamikazeschneider am 12.11.08 19:16:42poster des Tages
da du vermutet hattest dass die 1,36 nicht halten
da du vermutet hattest dass die 1,36 nicht halten
schönen Abend noch allen
Antwort auf Beitrag Nr.: 35.930.415 von pacoraban am 12.11.08 20:49:47Jaja... morgen ist Weihnachten für mich!
Antwort auf Beitrag Nr.: 35.930.299 von ErsterSeelord am 12.11.08 20:42:23so ist es der ursprungsplan sah genau das vor, die realität (und auch die komplexität des vorhabens) hat die fed eingeholt und es erschien wichtiger direkte kapitalspritzen zu geben
NEW YORK (CNNMoney.com) -- Treasury Secretary Henry Paulson said Wednesday that the government would broaden the reach of its $700 billion bailout plan to support non-bank financial institutions that provide consumer credit, such as credit cards and auto loans.
In this second stage of the bailout, officials also hope to attract private capital, possibly through matching investments, to give the government's injections more heft.
Paulson also said the government is no longer planning to buy troubled mortgage assets, the original goal of the plan. And officials are continuing to examine ways to help homeowners and slow the tide of foreclosures.
"Although the financial system has stabilized, both banks and non-banks may well need more capital given their troubled asset holdings, projections for continued high rates of foreclosures and stagnant U.S. and world economic conditions," Paulson said.
"Second, the important markets for securitizing credit outside of the banking system also need support," he said. "Approximately 40 percent of U.S. consumer credit is provided through securitization of credit card receivables, auto loans and student loans and similar products. This market, which is vital for lending and growth, has for all practical purposes ground to a halt."
In the five weeks since Congress approved the bailout, the Treasury Department has focused on injecting capital into banks. Nearly 50 financial firms have won full or preliminary approval to receive a total of $172 billion in equity injections. The government has yet to award another $78 billion. Most institutions have until Nov. 14, though private banks have additional time.
Helping consumer finance companies
However, consumer finance companies that provide funding for auto loans, student loans and credit cards are also suffering. Just as investors are no longer scooping up securities backed by mortgage loans, they are also shying away from investments backed by other loans.
The securitization market is a critical source of funding for most non-bank finance companies, which don't have the luxury of customer deposits.
Without access to funds, these financing companies have had to curtail their offerings or shut down. As a result, Americans have had a harder time getting car loans, student loans and credit cards.
American Express (AXP, Fortune 500) provided the most recent example of the troubles facing non-bank financial institutions. On Monday, the Federal Reserve reclassified the credit card issuer as a bank so it could more easily access government financing. It has reportedly asked for $3.5 billion under the bailout plan.
The Treasury Department and Federal Reserve are exploring the establishment of a facility that would provide funding to these consumer finance companies, taking AAA asset-backed securities as collateral. Banks and investments banks already have the ability to trade asset-backed securities for Fed funding.
"Addressing the needs of the securitization sector will help get lending going again, helping consumers and supporting the U.S. economy," Paulson said.
Automakers shut out
Other companies, including the troubled carmakers, are also clamoring for a piece of the government's largess. President-elect Barack Obama, who has said he wants to review the rescue plan's implementation, is pushing the Bush administration to assist them.
While it is resisting coming to Detroit's rescue, the government on Monday moved to once again prop up troubled insurer American International Group (AIG, Fortune 500), using its new authority under the bailout plan.
AIG got a reworked $152.5 billion deal, as the Federal Reserve and Treasury Department made significant changes to the terms of the company's original bailout.
The Fed announced that it will reduce AIG's original $85 billion bridge loan to $60 billion, and it will cut the interest rate by 5.5 percentage points. In addition, the Treasury will use its special authority under last month's $700 billion bailout law -- the so-called Troubled Asset Relief Program -- to purchase $40 billion in preferred stock.
NEW YORK (CNNMoney.com) -- Treasury Secretary Henry Paulson said Wednesday that the government would broaden the reach of its $700 billion bailout plan to support non-bank financial institutions that provide consumer credit, such as credit cards and auto loans.
In this second stage of the bailout, officials also hope to attract private capital, possibly through matching investments, to give the government's injections more heft.
Paulson also said the government is no longer planning to buy troubled mortgage assets, the original goal of the plan. And officials are continuing to examine ways to help homeowners and slow the tide of foreclosures.
"Although the financial system has stabilized, both banks and non-banks may well need more capital given their troubled asset holdings, projections for continued high rates of foreclosures and stagnant U.S. and world economic conditions," Paulson said.
"Second, the important markets for securitizing credit outside of the banking system also need support," he said. "Approximately 40 percent of U.S. consumer credit is provided through securitization of credit card receivables, auto loans and student loans and similar products. This market, which is vital for lending and growth, has for all practical purposes ground to a halt."
In the five weeks since Congress approved the bailout, the Treasury Department has focused on injecting capital into banks. Nearly 50 financial firms have won full or preliminary approval to receive a total of $172 billion in equity injections. The government has yet to award another $78 billion. Most institutions have until Nov. 14, though private banks have additional time.
Helping consumer finance companies
However, consumer finance companies that provide funding for auto loans, student loans and credit cards are also suffering. Just as investors are no longer scooping up securities backed by mortgage loans, they are also shying away from investments backed by other loans.
The securitization market is a critical source of funding for most non-bank finance companies, which don't have the luxury of customer deposits.
Without access to funds, these financing companies have had to curtail their offerings or shut down. As a result, Americans have had a harder time getting car loans, student loans and credit cards.
American Express (AXP, Fortune 500) provided the most recent example of the troubles facing non-bank financial institutions. On Monday, the Federal Reserve reclassified the credit card issuer as a bank so it could more easily access government financing. It has reportedly asked for $3.5 billion under the bailout plan.
The Treasury Department and Federal Reserve are exploring the establishment of a facility that would provide funding to these consumer finance companies, taking AAA asset-backed securities as collateral. Banks and investments banks already have the ability to trade asset-backed securities for Fed funding.
"Addressing the needs of the securitization sector will help get lending going again, helping consumers and supporting the U.S. economy," Paulson said.
Automakers shut out
Other companies, including the troubled carmakers, are also clamoring for a piece of the government's largess. President-elect Barack Obama, who has said he wants to review the rescue plan's implementation, is pushing the Bush administration to assist them.
While it is resisting coming to Detroit's rescue, the government on Monday moved to once again prop up troubled insurer American International Group (AIG, Fortune 500), using its new authority under the bailout plan.
AIG got a reworked $152.5 billion deal, as the Federal Reserve and Treasury Department made significant changes to the terms of the company's original bailout.
The Fed announced that it will reduce AIG's original $85 billion bridge loan to $60 billion, and it will cut the interest rate by 5.5 percentage points. In addition, the Treasury will use its special authority under last month's $700 billion bailout law -- the so-called Troubled Asset Relief Program -- to purchase $40 billion in preferred stock.
Antwort auf Beitrag Nr.: 35.930.493 von zip2000 am 12.11.08 20:54:23also ich bin der meinung dass weihnachten erst in 5 wochen ist und bis dahin denke ich mal wir werden die 1,04$ als tief testen
Antwort auf Beitrag Nr.: 35.930.630 von marcanthony am 12.11.08 21:03:40...Der US-Regierung stehen sicherlich mehrere Möglichkeiten der Hilfe zur Verfügung. Wie immer diese ausfallen mögen - eins ist für mich sicher: Sie werden so ausfallen, dass die Überlebensfähigkeit beider Monoliner nicht gefährdet wird Ich kann mir nicht vorstellen, dass man diesen bedeutenden Zweig der Finanzindustrie (Weltfinanzgipfel kommendes Wochenende)in die Pleite entlassen wird.
But - who knows...mir macht Sorge, dass die Aktie sich stramm auf Südkurs hält, auch wenn man nicht übersehen sollte, dass heute wieder einmal global "Grütze" serviert wird, und Monoliner mit von der Partie sind
Seelord
But - who knows...mir macht Sorge, dass die Aktie sich stramm auf Südkurs hält, auch wenn man nicht übersehen sollte, dass heute wieder einmal global "Grütze" serviert wird, und Monoliner mit von der Partie sind
Seelord
fundamental und technisch ist das ding ja mittlerweile ziemlich zerrockt...
wieso nicht aussteigen? ich weiß auch nicht... son gefühl... soll man ja nicht an der börse, is mir aber egal...
schönen abend noch.
wieso nicht aussteigen? ich weiß auch nicht... son gefühl... soll man ja nicht an der börse, is mir aber egal...
schönen abend noch.
mich erstaunt nur dass mbia nur mit 2% im minus ist
eigentlich hätte ich eh schon erwartet dass beide nach dem downgrade ihres tiefs testen
der gesamtmarkt ist ein horror !!! hoffen wir mal dass die 7900 im dow auch halten wenn nicht .....
eigentlich hätte ich eh schon erwartet dass beide nach dem downgrade ihres tiefs testen
der gesamtmarkt ist ein horror !!! hoffen wir mal dass die 7900 im dow auch halten wenn nicht .....
Antwort auf Beitrag Nr.: 35.931.135 von marcanthony am 12.11.08 21:38:50der ganze amimarkt ist ein horror - ausgenommen
deren drittklassige autoklitschen heute alles rot -> die sowieso
bankrott gehen, wer will in 10 jahren noch solche
vehikel fahren - entwicklung neuer techniken gleich null.
habe, dass muss ich zugeben einen grossen vertrauensverlust in die
amibörsen erlitten - zu volatil, unberechenbar z.zt.,
paulson hat noch 8 wochen zeit mit vater bush
sein land weiter zu ruinieren, zurückbleiben wird
eine wirtschaftliche wüste - sehe den dow vor weihnachten
unter 7000 punkte.
hab heut auch richtig fett kohle verloren...
geh jetzt mal raus, macht keinen spass
deren drittklassige autoklitschen heute alles rot -> die sowieso
bankrott gehen, wer will in 10 jahren noch solche
vehikel fahren - entwicklung neuer techniken gleich null.
habe, dass muss ich zugeben einen grossen vertrauensverlust in die
amibörsen erlitten - zu volatil, unberechenbar z.zt.,
paulson hat noch 8 wochen zeit mit vater bush
sein land weiter zu ruinieren, zurückbleiben wird
eine wirtschaftliche wüste - sehe den dow vor weihnachten
unter 7000 punkte.
hab heut auch richtig fett kohle verloren...
geh jetzt mal raus, macht keinen spass
Guten Morgen an Alle & Paco!
NASDAQ Last Sale 1.27 -0.21 -14.19%
Der DOW hielt seine 8400 (22:00) auch nicht...
DJIA 8282.66 -411.3 -4.73%
Ich halte heute €0,93 und darunter für ABK auch für möglich.
Ich werde heute & morgen wachsam sein...
Meine Meinung, keine Empfehlung:
Verkaufen NEIN, Halten JA, Kaufen JA
Schönen Tag euch allen...
NASDAQ Last Sale 1.27 -0.21 -14.19%
Der DOW hielt seine 8400 (22:00) auch nicht...
DJIA 8282.66 -411.3 -4.73%
Ich halte heute €0,93 und darunter für ABK auch für möglich.
Ich werde heute & morgen wachsam sein...
Meine Meinung, keine Empfehlung:
Verkaufen NEIN, Halten JA, Kaufen JA
Schönen Tag euch allen...
Antwort auf Beitrag Nr.: 35.934.702 von zip2000 am 13.11.08 06:22:27sieht danach aus, leider
guten morgen allen investierten
langsam kommen wir dem tief nahe, die nächste unterstützungsmarke ist 1,20$ (tief im okt 08), wenn die fällt wird auch das tief von 1,04$ getestet
erfreulich zumindest dass sich slcracer aus dem forum verabschiedet hat und sich dem test von beate uhse produkten widmet
hier ein interessanter artikel zu mbia und abk (http://www.bloggingstocks.com/2008/11/12/cramer-on-bloggings…)
Cramer on BloggingStocks: Fix the home glut
Posted Nov 12th 2008 9:30AM by Jim Cramer
From TheStreet.com Network
Treasury Mulls Private Role in TARP
Many are decrying that the AIG (NYSE: AIG) (Cramer's Take) bailout now helps the holders of the collateralized debt obligations (CDOs) who bought insurance against them from AIG. The idea is simple: These CDOs are worth, in many cases, next to nothing depending upon the vintages, geographies and FICO scores, but they will now be paid back at pretty much face value -- AIG CEO Ed Liddy said the prices will be negotiated, but I don't see how they can get any less because AIG guaranteed it and the U.S. is not abrogating any of these guarantees.
It's an obvious windfall and still one more piece of the stinking puzzle that involves unwinding the bogus real estate finance that prevailed from 2004 to 2007. The bigger issue, though, is whether the government will then take over MBIA (NYSE: MBI) (Cramer's Take) and Ambac (NYSE: ABK) (Cramer's Take) -- I know people at those companies say they don't need it, so OK, they don't ... but let's say they do for the purposes of reality -- and have them make good on all of the credit default swaps they wrote against bad CDOs.
If the government is willing, they can buy several trillion dollars of these easily through this method and then sit on them and hopefully they will come back to some value.
It's another way to solve the problem -- a more expensive way than just giving homeowners $50,000 apiece, even -- but it does make the banks whole.
Of course, it does nothing to solve the actual problem of foreclosures, because even if you own the CDO outright you can't open it up and renegotiate the loans. It is a true bailout for the CDO buyers -- hedge funds, pension funds, banks -- even though it does not address the root cause.
Nothing's easy with this stuff. There are a lot more insurance policies written on this stuff then there is stuff. It is not at all clear why you can legally pay off the policyholder with an economic interest and not pay off the policyholder who just bet against it because it was a piece of junk. They both will be paid. That would probably add at least another trillion dollars to this new bailout proposal.
I continue to think that all of these are a big joke. We have to stop foreclosures, and everything else will take care of itself. We do not have the ability to get at the roughly 10 million home mortgages that I think are in the CDO system, but the 4 million that are still whole loans, either held at banks or at Fannie (NYSE: FNM) (Cramer's Take) and Freddie (NYSE: FRE) (Cramer's Take) (again we don't have real numbers, but those are my own calculations looking through the NAR data), can be redone.
If you have a neighborhood of 100 homes of which say, 30% are being foreclosed upon or will be soon -- a decent guesstimate for many parts of California, Florida, Arizona and Nevada -- you will be able to keep some of them from happening with workouts for Fannie and Freddie and Wells Fargo (NYSE: WFC) (Cramer's Take) and JPMorgan (NYSE: JPM) (Cramer's Take) and Citi (NYSE: C) (Cramer's Take), and every little bit helps.
One thing is certain: We still don't have a clue about how to stop home price declines. The CDOs are just intractable and can't be reversed, broken up or unwound, which is what is really needed.
So what we have to take it one piece at a time. It would help immensely if we did a couple of meat-ax things:
1. force the banks to stop supporting homebuilders so they can stop adding to the supply,
2. buy vacant homes and give them to municipalities, which might be in touch with prospective buyers who can work out long-term borrowings, and
3. create a big tax credit for anyone buying a home.
These address inventory, which is the real problem.
Remember this: The easiest way to fix this problem would be to literally torch all the excess homes. That's actually, in a weird way, the obvious but of course ridiculously unpalatable action plan. But it's the excess inventory that is the enemy, whether it be from new homes being built or inventory of foreclosed homes, and as long as it stays high, the price of the other homes goes down and there are more and more foreclosures, more lower prices for homes and more CDOs that go bust.
The cycle must be broken somehow. All of these are little ways to make that happen. They can't hurt, they can help.
langsam kommen wir dem tief nahe, die nächste unterstützungsmarke ist 1,20$ (tief im okt 08), wenn die fällt wird auch das tief von 1,04$ getestet
erfreulich zumindest dass sich slcracer aus dem forum verabschiedet hat und sich dem test von beate uhse produkten widmet
hier ein interessanter artikel zu mbia und abk (http://www.bloggingstocks.com/2008/11/12/cramer-on-bloggings…)
Cramer on BloggingStocks: Fix the home glut
Posted Nov 12th 2008 9:30AM by Jim Cramer
From TheStreet.com Network
Treasury Mulls Private Role in TARP
Many are decrying that the AIG (NYSE: AIG) (Cramer's Take) bailout now helps the holders of the collateralized debt obligations (CDOs) who bought insurance against them from AIG. The idea is simple: These CDOs are worth, in many cases, next to nothing depending upon the vintages, geographies and FICO scores, but they will now be paid back at pretty much face value -- AIG CEO Ed Liddy said the prices will be negotiated, but I don't see how they can get any less because AIG guaranteed it and the U.S. is not abrogating any of these guarantees.
It's an obvious windfall and still one more piece of the stinking puzzle that involves unwinding the bogus real estate finance that prevailed from 2004 to 2007. The bigger issue, though, is whether the government will then take over MBIA (NYSE: MBI) (Cramer's Take) and Ambac (NYSE: ABK) (Cramer's Take) -- I know people at those companies say they don't need it, so OK, they don't ... but let's say they do for the purposes of reality -- and have them make good on all of the credit default swaps they wrote against bad CDOs.
If the government is willing, they can buy several trillion dollars of these easily through this method and then sit on them and hopefully they will come back to some value.
It's another way to solve the problem -- a more expensive way than just giving homeowners $50,000 apiece, even -- but it does make the banks whole.
Of course, it does nothing to solve the actual problem of foreclosures, because even if you own the CDO outright you can't open it up and renegotiate the loans. It is a true bailout for the CDO buyers -- hedge funds, pension funds, banks -- even though it does not address the root cause.
Nothing's easy with this stuff. There are a lot more insurance policies written on this stuff then there is stuff. It is not at all clear why you can legally pay off the policyholder with an economic interest and not pay off the policyholder who just bet against it because it was a piece of junk. They both will be paid. That would probably add at least another trillion dollars to this new bailout proposal.
I continue to think that all of these are a big joke. We have to stop foreclosures, and everything else will take care of itself. We do not have the ability to get at the roughly 10 million home mortgages that I think are in the CDO system, but the 4 million that are still whole loans, either held at banks or at Fannie (NYSE: FNM) (Cramer's Take) and Freddie (NYSE: FRE) (Cramer's Take) (again we don't have real numbers, but those are my own calculations looking through the NAR data), can be redone.
If you have a neighborhood of 100 homes of which say, 30% are being foreclosed upon or will be soon -- a decent guesstimate for many parts of California, Florida, Arizona and Nevada -- you will be able to keep some of them from happening with workouts for Fannie and Freddie and Wells Fargo (NYSE: WFC) (Cramer's Take) and JPMorgan (NYSE: JPM) (Cramer's Take) and Citi (NYSE: C) (Cramer's Take), and every little bit helps.
One thing is certain: We still don't have a clue about how to stop home price declines. The CDOs are just intractable and can't be reversed, broken up or unwound, which is what is really needed.
So what we have to take it one piece at a time. It would help immensely if we did a couple of meat-ax things:
1. force the banks to stop supporting homebuilders so they can stop adding to the supply,
2. buy vacant homes and give them to municipalities, which might be in touch with prospective buyers who can work out long-term borrowings, and
3. create a big tax credit for anyone buying a home.
These address inventory, which is the real problem.
Remember this: The easiest way to fix this problem would be to literally torch all the excess homes. That's actually, in a weird way, the obvious but of course ridiculously unpalatable action plan. But it's the excess inventory that is the enemy, whether it be from new homes being built or inventory of foreclosed homes, and as long as it stays high, the price of the other homes goes down and there are more and more foreclosures, more lower prices for homes and more CDOs that go bust.
The cycle must be broken somehow. All of these are little ways to make that happen. They can't hurt, they can help.
Guten Morgen.
Auf einen erfolgreichen Tag.
Auf einen erfolgreichen Tag.
Guten Morgen,
es kann nur besser werden bzw. wird es auch mal wieder rauf gehen.
Wie heißt es so schön: Börse ist keine Einbahnstraße.
Letzte Woche war der DJ noch bei 9800 Punkten. Jetzt bei 8300. 3 Tage in Folge gefallen... wird Zeit für 'ne Erholung.
watch&learn
es kann nur besser werden bzw. wird es auch mal wieder rauf gehen.
Wie heißt es so schön: Börse ist keine Einbahnstraße.
Letzte Woche war der DJ noch bei 9800 Punkten. Jetzt bei 8300. 3 Tage in Folge gefallen... wird Zeit für 'ne Erholung.
watch&learn
Antwort auf Beitrag Nr.: 35.935.737 von watchandlearn am 13.11.08 09:49:05Heute soll er noch fallen... Vor 17:00, wenn geht...
Moin Leute
Börse ist der Horror
mal sehen was heute passiert
Börse ist der Horror
mal sehen was heute passiert
Antwort auf Beitrag Nr.: 35.936.198 von pacoraban am 13.11.08 10:35:13Dow Future sieht ok aus.
Ob ZIP2000 Weihnachtseinkaufe machen könnte?
Das wollen wir mal abwarten und Tee trinken
Ob ZIP2000 Weihnachtseinkaufe machen könnte?
Das wollen wir mal abwarten und Tee trinken
gestern hat DOW sell mit volumen bestetigt
heute soll zum eröfnung noch mal runter mit volumen gehen,dann gehe ich wider rein
solte volumen bei DOW ausbleiben,heist es weiter warten.
heute soll zum eröfnung noch mal runter mit volumen gehen,dann gehe ich wider rein
solte volumen bei DOW ausbleiben,heist es weiter warten.
Antwort auf Beitrag Nr.: 35.936.414 von surga am 13.11.08 11:00:40Noch ging nix...
Aber das ist in Frankfurt eh normal bis ~15:30...
Nach 15:30 & 17:30 wird's interessant!!
Aber das ist in Frankfurt eh normal bis ~15:30...
Nach 15:30 & 17:30 wird's interessant!!
eigentlich nett man könnte jetzt verkaufen zu 1,09
das sind aktuell 1,36 geschlossen haben wir aber mit 1,25 das sind fast 10% über sk
okay würden jetzt viele sagen kennt man doch von abk und anderen spezies
das sind aktuell 1,36 geschlossen haben wir aber mit 1,25 das sind fast 10% über sk
okay würden jetzt viele sagen kennt man doch von abk und anderen spezies
Antwort auf Beitrag Nr.: 35.937.352 von pacoraban am 13.11.08 12:50:14Die Pre-Market Taxe steht zur Zeit bei 1,25 zu 1,55$.
Es sieht wohl heute nach einem grünen Tag aus
Es sieht wohl heute nach einem grünen Tag aus
Antwort auf Beitrag Nr.: 35.937.713 von WOchmann am 13.11.08 13:32:39oh oh oh da würde ich vorsichtig sein der premarket ságt eigentlich nichts aus wohin die Reise geht
wie oft stand der pre hoch aig war so ein aktueller Fall am Montag premarket 2,70 ich glaube sogar bis 3 hoch
und die realität hatt nach börseneröffnung anders ausgesehen
wie oft stand der pre hoch aig war so ein aktueller Fall am Montag premarket 2,70 ich glaube sogar bis 3 hoch
und die realität hatt nach börseneröffnung anders ausgesehen
und da sind wir schon wieder zu 1,02 zu 1,09
Antwort auf Beitrag Nr.: 35.937.743 von pacoraban am 13.11.08 13:36:31Und, hatten wir doch Montag schöne Kurse bei AIG. Tageshoch war doch 2,40 Euro das waren ca. 3$. Zwar nur kurzfristig, aber der Kurs war da.
Also ich bin zuversichtlich was Ambac angeht, zumindest für heute
Also ich bin zuversichtlich was Ambac angeht, zumindest für heute
ich bins auch noch
prem1,25 zu 1,30
hauptsache die 1,20 hält
prem1,25 zu 1,30
hauptsache die 1,20 hält
Antwort auf Beitrag Nr.: 35.937.743 von pacoraban am 13.11.08 13:36:31Auch bei ABK war der pre-market nicht immer wirklich aussagekräftig in letzter Zeit...
Deswegen sind meine "Marken" 15:30 & 17:30...
Deswegen sind meine "Marken" 15:30 & 17:30...
Antwort auf Beitrag Nr.: 35.938.058 von zip2000 am 13.11.08 14:14:06habe ich doch gesagt
Antwort auf Beitrag Nr.: 35.938.058 von zip2000 am 13.11.08 14:14:06moin zipp habe ich dfast vergessen
gehts gut
wie ist bei euch das wetter, wir haben sonnenschein an der Küste
Grüße
Paco
gehts gut
wie ist bei euch das wetter, wir haben sonnenschein an der Küste
Grüße
Paco
Antwort auf Beitrag Nr.: 35.938.078 von pacoraban am 13.11.08 14:16:13Aso...
Antwort auf Beitrag Nr.: 35.938.093 von pacoraban am 13.11.08 14:18:10Sonnenschein
Hast DU vergessen, das Solarium auszuschalten
Hast DU vergessen, das Solarium auszuschalten
Antwort auf Beitrag Nr.: 35.938.078 von pacoraban am 13.11.08 14:16:13hey leute
viel spass an diesem sonnigen tag
...in berlin scheint die sonne
na ich bin ja auch mal gespannt was der tag heute so bringt
denke mal wir gehen doch noch abwärts, morgen dann hoffentlich der rebound (technisch) oder auch schon heute im späten handel
für alle die gerne zocken noch mein tagestip ggp General Growth Properties, allerdings hochriskant, und wenn alles läuft und die wieder kredite bekommen dann mind 400% + auf gegenwärtigen kurs
viel spass an diesem sonnigen tag
...in berlin scheint die sonne
na ich bin ja auch mal gespannt was der tag heute so bringt
denke mal wir gehen doch noch abwärts, morgen dann hoffentlich der rebound (technisch) oder auch schon heute im späten handel
für alle die gerne zocken noch mein tagestip ggp General Growth Properties, allerdings hochriskant, und wenn alles läuft und die wieder kredite bekommen dann mind 400% + auf gegenwärtigen kurs
Antwort auf Beitrag Nr.: 35.938.141 von marcanthony am 13.11.08 14:24:21Marc, am 26.Nov2008 bei Börse Berlin gibt es Aktienforum der Börse Berlin Equiduct Trading.
Bist Du auch dabei? Hast Du eine Einladung bekommen?
Gruß Surga
Bist Du auch dabei? Hast Du eine Einladung bekommen?
Gruß Surga
Antwort auf Beitrag Nr.: 35.938.509 von surga am 13.11.08 15:03:36nee keine einladung bekommen
bin aber auch nicht da weil hoffentlich die sonne auf gran canaria scheinen wird ;-)
bin aber auch nicht da weil hoffentlich die sonne auf gran canaria scheinen wird ;-)
Antwort auf Beitrag Nr.: 35.938.570 von marcanthony am 13.11.08 15:10:48dann viel Spass und viel Sonne
Antwort auf Beitrag Nr.: 35.938.126 von vermutung am 13.11.08 14:22:30nordsse ist halt besser
Antwort auf Beitrag Nr.: 35.938.141 von marcanthony am 13.11.08 14:24:21hey marc danke für tip
schön dass es euch alle gibt
schön dass es euch alle gibt
+ 15% in den USA... zumindest der Beginn ist nicht schlecht...
Gruss
FKM
Gruss
FKM
bin zu 1,26 rein,in der hoffnung das markt ausverkauf für heute gesehen hat
Antwort auf Beitrag Nr.: 35.938.993 von split66 am 13.11.08 15:52:44schaut euch mal mbia an, man die werden gerade richtig verprügelt und nähern sich auch langsam ihrem tief
Antwort auf Beitrag Nr.: 35.939.038 von marcanthony am 13.11.08 15:55:41Ja, Bernanke war mit denen im Garten und beim Laubharken, meine Geldsackharken und da wurde ihnen klar, dass Ambac und MBIA wenig Geldsäcke kriegen und deshalb strongest buy?
Endlich mal wieder grün.
Hoffe der DJ stabilisiert sich jetzt mal.
Die Profis decken sich jetzt mit Aktien ein....
watch&learn
Hoffe der DJ stabilisiert sich jetzt mal.
Die Profis decken sich jetzt mit Aktien ein....
watch&learn
Antwort auf Beitrag Nr.: 35.939.266 von SLCRacer2008 am 13.11.08 16:18:58du wolltest doch beate uhse als strongest use empfehlen oder
alles schon ausprobiert und wieder mal gelangweilt oder
alles schon ausprobiert und wieder mal gelangweilt oder
Antwort auf Beitrag Nr.: 35.939.266 von SLCRacer2008 am 13.11.08 16:18:58slc racer2008 sollen wir ihn sperren
Antwort auf Beitrag Nr.: 35.939.392 von marcanthony am 13.11.08 16:31:14ich versuceh ganze zeit dahinter zu kommen was er von uns will
bis jetzt ....
bis jetzt ....
Antwort auf Beitrag Nr.: 35.939.414 von pacoraban am 13.11.08 16:33:13wer weiss was gerade ihn ihm / ihr ist....kann ja schmerzhaft sein
Antwort auf Beitrag Nr.: 35.939.434 von marcanthony am 13.11.08 16:35:04den dicken döner-toni vielleicht hinten drin
Antwort auf Beitrag Nr.: 35.939.633 von pacoraban am 13.11.08 16:57:58Da drin?
http://nachrichten.t-online.de/c/13/44/29/82/13442982,si=0.h…
http://nachrichten.t-online.de/c/13/44/29/82/13442982,si=0.h…
Antwort auf Beitrag Nr.: 35.939.788 von Michiko am 13.11.08 17:14:47
dann kann mann ihn ja beglückwünschigen
dann kann mann ihn ja beglückwünschigen
Antwort auf Beitrag Nr.: 35.938.093 von pacoraban am 13.11.08 14:18:10Moin, moin...
Sonnenschein??
Den ganzen Tag Regen!!
Wie die Börsen-Kurse... Es kommt alles runter...
Sonnenschein??
Den ganzen Tag Regen!!
Wie die Börsen-Kurse... Es kommt alles runter...
Ambac ist jetzt seit gewaltigen VERLUSTEN ein Totes Pferd, der mogliche Weise, wenn keine finanz Spritze folgt in BK geht. RDN und TMA haben positive Q3 berichte rausgebracht. Trotzdem geht Aktien Preiss in Keller. Das Ziel nach unten in eine Woche : RDN - 2 USD. TMA - 1 USD. Dow sollte wieder neue Tiefstaende testen. Nur so kommt man zu Ruhe. Der ganze 2009 wird eine rote Recession sein:
http://www.reuters.com/article/marketsNews/idINPAB0044902008…
Also wir sind noch mindestens 1 Jahr in hohe volatilitaet mit Dow Ziel unter 7000 punkte. Daran habe ich kein Zweifel mehr. Also Geld sparen und Boden abwarten. Der kommt noch naechstes jahr bestimmt.
http://www.reuters.com/article/marketsNews/idINPAB0044902008…
Also wir sind noch mindestens 1 Jahr in hohe volatilitaet mit Dow Ziel unter 7000 punkte. Daran habe ich kein Zweifel mehr. Also Geld sparen und Boden abwarten. Der kommt noch naechstes jahr bestimmt.
Antwort auf Beitrag Nr.: 35.940.325 von recession am 13.11.08 18:08:12abk wird nicht !!! pleite gehen
die auswirkungen wären wesentlich stärker als die lehman pleite
also bitte keine derartigen vermutungen hier einstellen
die auswirkungen wären wesentlich stärker als die lehman pleite
also bitte keine derartigen vermutungen hier einstellen
Antwort auf Beitrag Nr.: 35.940.395 von marcanthony am 13.11.08 18:15:35marc
sagen wir mal so
ABK kann nicht aus eigene kraft schafen,was das für aktionäre bedeutet ist dir klar,egal wie finanzspritze ausschauen mag.
sagen wir mal so
ABK kann nicht aus eigene kraft schafen,was das für aktionäre bedeutet ist dir klar,egal wie finanzspritze ausschauen mag.
Genau. Ohne finanzspritze BK. Wenn finanzspritze kommt, dann sieht das anders aus und ABK wird wieder um 3 USD sein.
Antwort auf Beitrag Nr.: 35.940.467 von recession am 13.11.08 18:23:32sorry
was heist BK
was heist BK
Antwort auf Beitrag Nr.: 35.940.491 von split66 am 13.11.08 18:26:09BK...Bankrott...?
Wir knabbern an einem neuen "Today's Low"...
bitte hier keine vermutungen anstellen dass abk bankrott (bk) geht
schaut euch bitte die balance sheets genauer an auch was die assets anbetrifft
die fed wird alles tun mbia und abk nicht abrutschen zu lassen
die bedeutung der beiden bond insurer ist mindestens gleich zu setzen mit AIG und das ist nunmal ein fass ohne boden mit 150mrd$ an geldspritzen
schaut euch bitte die balance sheets genauer an auch was die assets anbetrifft
die fed wird alles tun mbia und abk nicht abrutschen zu lassen
die bedeutung der beiden bond insurer ist mindestens gleich zu setzen mit AIG und das ist nunmal ein fass ohne boden mit 150mrd$ an geldspritzen
Ich weiss nicht ob ABK so wichtig ist, um kein Bankrott zuzulassen. Aber ohne Hilfe - wie ABK soll vernunftig verdienen mit Junk rating und solchen Verlusten? Also das ist nun Frage der Zeit bis irgendwelche Nachricht kommt mit BK oder Rettungspaket fuer ABK. Die Zukunft wird es zeigen.
markt kotzt sich gerade aus
wir hier bleiben bei 1,24-1,26 stabil
überlege gerade noch mal aufzuspriengen
wir hier bleiben bei 1,24-1,26 stabil
überlege gerade noch mal aufzuspriengen
Antwort auf Beitrag Nr.: 35.940.865 von split66 am 13.11.08 19:04:14nein kann ich dazu raten
brechen die 7900 dann gute nacht
alle financials wie boa oder citi knallen nach unten
brechen die 7900 dann gute nacht
alle financials wie boa oder citi knallen nach unten
Antwort auf Beitrag Nr.: 35.940.891 von marcanthony am 13.11.08 19:06:38bin zu 1,24 wider rein
bei 1,2 gehen dinger raus,und mein gewinn von heute ist weg
bei 1,2 gehen dinger raus,und mein gewinn von heute ist weg
Hey,
hat jemand eine ahnung, warum wir noch grün sind und mbia 20% im minus?
hat jemand eine ahnung, warum wir noch grün sind und mbia 20% im minus?
Antwort auf Beitrag Nr.: 35.941.027 von kamikazeschneider am 13.11.08 19:18:45ja die sind noch 46% über dem tief von 3,68$
abk nur noch 22% von 1,04$
probleme sind die gleichen
abk nur noch 22% von 1,04$
probleme sind die gleichen
Antwort auf Beitrag Nr.: 35.941.126 von marcanthony am 13.11.08 19:27:40Danke für deinen überaus fachkundigen Rat.
da hat der dow aber einen schönen kurzen rebound hingelegt
warten wir mal die letzten 30min ab
wenn er so bleibt dann ist morgen ein neues spiel
warten wir mal die letzten 30min ab
wenn er so bleibt dann ist morgen ein neues spiel
http://de.advfn.com/p.php?pid=staticchart&s=DJI%5EI%5CDJI&p=…
gute Erholung gerade können wir vielleicht von profitieren
gute Erholung gerade können wir vielleicht von profitieren
Antwort auf Beitrag Nr.: 35.941.284 von marcanthony am 13.11.08 19:43:14Ich bekomme sie einfach nicht unter €0,97...
Antwort auf Beitrag Nr.: 35.941.345 von lgdfli am 13.11.08 19:48:51ich glaube wir werden heute und morgen im plus schliessen. Am Wochenende ist das Treffen der G20 in Washington. Kann mir eigentlich nicht vorstellen, dass einige vorher noch verkaufen
!
Dieser Beitrag wurde moderiert.
Antwort auf Beitrag Nr.: 35.941.394 von zip2000 am 13.11.08 19:53:05und split hat seine 10 cent,zum zweiten mal heute
mark
SCL provoziert,und gehet in der regel auf dich los,weil du meisten fakten,und vernunftige spekulationen hier rein postets
einfach links liegen lassen,so hat er nicht davon
mark
SCL provoziert,und gehet in der regel auf dich los,weil du meisten fakten,und vernunftige spekulationen hier rein postets
einfach links liegen lassen,so hat er nicht davon
Antwort auf Beitrag Nr.: 35.941.394 von zip2000 am 13.11.08 19:53:05na bleib mal ganz ruhig...werden wir noch sehen
Antwort auf Beitrag Nr.: 35.941.126 von marcanthony am 13.11.08 19:27:40ja, könnte der grund sein... den unterschied finde ich aber happig...
muss/darf jetzt zum italiener
bis denne
muss/darf jetzt zum italiener
bis denne
Moin Leute,
marc hat recht zipp vielleicht kriegste sie noch schade nämlich wir sind unter 1,25 aber nicht auf die 1,20 un mögl. abzuprallen
1,23 ist mal wieder so eine Sache
toi toi zipp
marc hat recht zipp vielleicht kriegste sie noch schade nämlich wir sind unter 1,25 aber nicht auf die 1,20 un mögl. abzuprallen
1,23 ist mal wieder so eine Sache
toi toi zipp
falls ich mich heute nicht mehr melde euch noch einen schönen Abend
an meine Freunde der Sonne zipp und marc
und allen abk coolernGrüße
Paco
an meine Freunde der Sonne zipp und marc
und allen abk coolernGrüße
Paco
Antwort auf Beitrag Nr.: 35.941.573 von pacoraban am 13.11.08 20:09:30Danke, ich könnte es gebrauchen...
Wünsche dir auch einen schönen Abend!!
Wünsche dir auch einen schönen Abend!!
Antwort auf Beitrag Nr.: 35.941.586 von pacoraban am 13.11.08 20:11:09Dir auch schönen Abend
Antwort auf Beitrag Nr.: 35.941.479 von marcanthony am 13.11.08 19:59:45marc
noch was dazu
um unseren freund SLCRacer2008 besser zu verstehen muss du ab seite 20 hier im thread nachlesen
er hat nemlich grosse run im sommer verpast
noch was dazu
um unseren freund SLCRacer2008 besser zu verstehen muss du ab seite 20 hier im thread nachlesen
er hat nemlich grosse run im sommer verpast
Antwort auf Beitrag Nr.: 35.941.895 von split66 am 13.11.08 20:39:32man kann auch nicht immer gewinnen
Antwort auf Beitrag Nr.: 35.941.957 von surga am 13.11.08 20:47:26so ist es
Antwort auf Beitrag Nr.: 35.941.895 von split66 am 13.11.08 20:39:32aha dann hat dieser hardcorezocker seine 80000 aktien in beate uhse artikel umgetauscht statt sie erst bei 7 € zu verkaufen
so blöd wie das waren auch seine postings
so blöd wie das waren auch seine postings
Antwort auf Beitrag Nr.: 35.942.148 von marcanthony am 13.11.08 21:07:19ich habe nicht gegen SLC,wirklich nicht
er hat aber grenze überschrieten,und das finde ich nicht gut.
Hoffe das wir weiter vernünftig miteinander reden können
gute nacht zusammen
er hat aber grenze überschrieten,und das finde ich nicht gut.
Hoffe das wir weiter vernünftig miteinander reden können
gute nacht zusammen
Diese schei.. ABK...!
NASDAQ Last Sale 1.47 +0.22 +17.60%
NASDAQ Last Sale 1.47 +0.22 +17.60%
Antwort auf Beitrag Nr.: 35.942.917 von zip2000 am 13.11.08 22:08:42ich finde auch abk sch...
Antwort auf Beitrag Nr.: 35.942.917 von zip2000 am 13.11.08 22:08:42und ich bin zu früh raus,macht aber nicht
markt ist nur noch ein riesen zock,mal schauen wie es morgen leuft
markt ist nur noch ein riesen zock,mal schauen wie es morgen leuft
morgen geht es weiter hoch. Vor dem Wochenende und dem G20 treffen in Washington wid kaum einer verkaufen
Guten Morgen @ all!
Guten Morgen Paco!
Freitag wird Kohle gemacht, wie ich bereits am Anfang bzw. in der Mitte der Woche gesagt habe...
NASDAQ Last Sale 1.42 +0.17 +13.60%
Schönen grünen Tag wünsch ich uns allen.
Guten Morgen Paco!
Freitag wird Kohle gemacht, wie ich bereits am Anfang bzw. in der Mitte der Woche gesagt habe...
NASDAQ Last Sale 1.42 +0.17 +13.60%
Schönen grünen Tag wünsch ich uns allen.
Antwort auf Beitrag Nr.: 35.943.936 von zip2000 am 14.11.08 06:07:16Moin @all
Moin zip 2000!
wie Freitag wird Kohle gemacht?
willst du heute deinen Nachgekauften verkaufen oder hast du nopchmehr gekauft ich dachte du wartest auf die 0,97?
geht mich ja nichts an würde mich aber interessieren, da ich plane huete nicht zu verkaufen, bin mit meiner zweiter Posi die ich nachdem ich sie wieder eingekauft habe noch ein paar centchen im minus
Mein Plan bzw Analyse ergibt folgendes:
1. wir haben die 1,20 nicht getestet, nur 1,23 dafür sind wir schön hochgelaufen leider nicht die 1,48 vom Vortag,für mich ist es schwer zu sagen wohin die Reise geht, ich denke und das ist reines Bauchgefühl müßten wir hochlaufen und zwar nicht zu wenig
ich könnte mir heute ein Plus zwischen 15-20% vorstellen
und die Reise könnte nächste Woche weiter gehen
Mein Plan halten übers Wochenende, ja ich weiss Gewinnmitnahmen
etc. aber mit abk ist das anders
wie siehst Du denn bzw. seht Ihr denn den heutigen Kursverlauf,Analysen sind immer willkomen
Beste Grüße
Paco
Moin zip 2000!
wie Freitag wird Kohle gemacht?
willst du heute deinen Nachgekauften verkaufen oder hast du nopchmehr gekauft ich dachte du wartest auf die 0,97?
geht mich ja nichts an würde mich aber interessieren, da ich plane huete nicht zu verkaufen, bin mit meiner zweiter Posi die ich nachdem ich sie wieder eingekauft habe noch ein paar centchen im minus
Mein Plan bzw Analyse ergibt folgendes:
1. wir haben die 1,20 nicht getestet, nur 1,23 dafür sind wir schön hochgelaufen leider nicht die 1,48 vom Vortag,für mich ist es schwer zu sagen wohin die Reise geht, ich denke und das ist reines Bauchgefühl müßten wir hochlaufen und zwar nicht zu wenig
ich könnte mir heute ein Plus zwischen 15-20% vorstellen
und die Reise könnte nächste Woche weiter gehen
Mein Plan halten übers Wochenende, ja ich weiss Gewinnmitnahmen
etc. aber mit abk ist das anders
wie siehst Du denn bzw. seht Ihr denn den heutigen Kursverlauf,Analysen sind immer willkomen
Beste Grüße
Paco
Antwort auf Beitrag Nr.: 35.943.991 von pacoraban am 14.11.08 07:23:00guten morgen an alle
keine ahnung was man mit dem markt heute anfangen soll, in diesen verrückten börsenzeiten ....
fundamental spricht vieles dafür dass wir bei abk die tiefs testen werden und eingentlich auch müssen, erst danach ist ein nachhaltiger anstieg möglich, für daily trading ist abk immer gut
viel spass und erfolg
keine ahnung was man mit dem markt heute anfangen soll, in diesen verrückten börsenzeiten ....
fundamental spricht vieles dafür dass wir bei abk die tiefs testen werden und eingentlich auch müssen, erst danach ist ein nachhaltiger anstieg möglich, für daily trading ist abk immer gut
viel spass und erfolg
Gibt es auch für Deutschland RT Kurse???
Antwort auf Beitrag Nr.: 35.945.347 von daytrader_100 am 14.11.08 10:33:44www.ariva.de RT
Antwort auf Beitrag Nr.: 35.945.542 von mmarian am 14.11.08 10:56:10thx
Mahlzeit!
Auch wenn es nur indirekt etwas mit ABK zu tun hat - der CEO von MBI kauft 100.000 MBI-Aktien. Ist für mich ein gutes Signal. Wenn MBI steigt, steigt auch ABK. Steigt der Gesamtmarkt, geht's erst recht rauf.
Last update: 11/13/2008 4:20:34 PMDOW JONES NEWSWIRES The chairman and chief executive of troubled bond insurer MBIA Inc. (MBI) on Friday bought $550,000 of company shares. Joseph W. Brown purchased 100,000 shares at an average price of $5.5 a share, boosting his total stake to 2.71 million shares, according to a filing with the Securities and Exchange Commission. Shares of the Armonk, N.Y., company closed Thursday at $6.02, down 32 cents. -By David J. Reynolds; Dow Jones Newswires; 202-862-1342; david.reynolds@dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/al?rnd=1bP0hrf... You can use this link on the day this article is published and the following day. (END) Dow Jones NewswiresNovember 13, 2008 16:20 ET (21:20 GMT)
watch&learn
Auch wenn es nur indirekt etwas mit ABK zu tun hat - der CEO von MBI kauft 100.000 MBI-Aktien. Ist für mich ein gutes Signal. Wenn MBI steigt, steigt auch ABK. Steigt der Gesamtmarkt, geht's erst recht rauf.
Last update: 11/13/2008 4:20:34 PMDOW JONES NEWSWIRES The chairman and chief executive of troubled bond insurer MBIA Inc. (MBI) on Friday bought $550,000 of company shares. Joseph W. Brown purchased 100,000 shares at an average price of $5.5 a share, boosting his total stake to 2.71 million shares, according to a filing with the Securities and Exchange Commission. Shares of the Armonk, N.Y., company closed Thursday at $6.02, down 32 cents. -By David J. Reynolds; Dow Jones Newswires; 202-862-1342; david.reynolds@dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/al?rnd=1bP0hrf... You can use this link on the day this article is published and the following day. (END) Dow Jones NewswiresNovember 13, 2008 16:20 ET (21:20 GMT)
watch&learn
Antwort auf Beitrag Nr.: 35.946.005 von watchandlearn am 14.11.08 11:51:09Moin watch and learn(cooler Name)
wenn abk steigt dann fällt mbia
zumindest Gestern
nein gute Nachricht das er kauft tuut uns abklern bestimmt auch gut
Grüße
Paco
bis heute spät nachmittag muss erstmal kurz nach HH
haltet den DOW hoch und vor allen Dingen abk
wenn abk steigt dann fällt mbia
zumindest Gestern
nein gute Nachricht das er kauft tuut uns abklern bestimmt auch gut
Grüße
Paco
bis heute spät nachmittag muss erstmal kurz nach HH
haltet den DOW hoch und vor allen Dingen abk
Antwort auf Beitrag Nr.: 35.943.991 von pacoraban am 14.11.08 07:23:00Hallo Paco!
Nein, nein...Hab leider nix bekommen.
Ich meinte damit, dass andere Leute - die mit wesentlich mehr Kohle hier rein sind - am Freitag Kohle machen, indem sie verkaufen werden...
Nein, nein...Hab leider nix bekommen.
Ich meinte damit, dass andere Leute - die mit wesentlich mehr Kohle hier rein sind - am Freitag Kohle machen, indem sie verkaufen werden...
Antwort auf Beitrag Nr.: 35.944.135 von marcanthony am 14.11.08 08:11:05Ja, läuft heut richtig gut. Ambac kracht wohl gleich gewaltig nach oben .....
Da liege ich mit meiner Longpostion auf DAX 4700 aber viel besser.
Tradet sich an die 100 % ran. Gebe mal gleich SL.
Da liege ich mit meiner Longpostion auf DAX 4700 aber viel besser.
Tradet sich an die 100 % ran. Gebe mal gleich SL.
Antwort auf Beitrag Nr.: 35.948.349 von SLCRacer2008 am 14.11.08 15:59:35tja und mein tagestip gestern ggp ist von 0,25 auf 0,6$ gestiegen
da lach ich mich doch über deine dax posi tod
da lach ich mich doch über deine dax posi tod
Antwort auf Beitrag Nr.: 35.948.349 von SLCRacer2008 am 14.11.08 15:59:35http://www.wallstreet-online.de/diskussion/1138891-241-250/a…
man kan irren,oder
man kan irren,oder
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AP
Assured Guaranty buys FSA Holdings for $722M
Friday November 14, 10:43 am ET
By Ieva M. Augstums, AP Business Writer
Assured Guaranty acquires Financial Security Assurance for $722 million, assumes $730 in debt
CHARLOTTE, N.C. (AP) -- Bond insurer Assured Guaranty Ltd. said Friday it will buy the insurance business of Financial Security Assurance Holdings Co. from Belgian-French financial services group Dexia SA for $722 million.
ADVERTISEMENT
Under terms of the deal, which excludes FSA's financial products segment, Assured Guaranty will pay $361 million in cash and issue nearly 44.6 million shares. The company also is assuming $730 million of FSA's outstanding debt.
The acquisition creates "significant value for our shareholders," Assured Guaranty Chief Executive Dominic Frederico said in a statement. In morning trading, Assured Guaranty shares spiked $1.47, or 18 percent, to $9.57.
The deal, expected to close in the first quarter of 2009, is contingent on rating agencies Moody's, Standard & Poor's and Fitch confirming that the triple-A financial strength ratings of both Assured Guaranty and FSA won't be hurt. Bond insurers essentially need "AAA" ratings to book new business.
The Bermuda-based insurer said it expects to finance the cash portion of the acquisition with proceeds of a public equity offering. It also has a back-up financing commitment from billionaire Wilbur Ross and WL Ross & Co., which would purchase newly issued shares. In late February, Ross agreed to buy $250 million in Assured Guaranty stock with the option to buy an additional $750 million, and joined the company's board.
Thus far, Assured Guaranty has largely avoided the credit problems that have plagued rivals Ambac Financial Group Inc. and MBIA Inc. because it has shunned insuring repackaged subprime mortgages.
Bond insurers originally offered insurance mainly to municipalities, but that changed in recent years, and most of the bond insurers started insuring structured finance products. Those risky, complex assets, called collateralized debt obligations, include subprime mortgage debt given to customers with poor credit history. As those mortgages have increasingly defaulted, ratings agencies fear the bonds supported by the troubled loans will default as well.
Ambac and MBIA have been downgraded by Moody's Investors Service, Standard & Poor's and Fitch Ratings, as the agencies worry the insurers wouldn't be able to cover a potential spike in claims. FSA has maintained its triple-A ratings.
Assured Guaranty is scooping up FSA as Dexia, the world's biggest lender to Belgian authorities, on Friday reported a third-quarter loss of $1.88 billion as the financial crisis took its toll on investments. To help stabilize the company -- which in September received a nearly $8 billion rescue package from European governments -- Dexia agreed to sell the U.S. bond insurance unit.
Dexia Chairman Jean-Luc Dehaene said the deal will "allow Dexia to drastically reduce its exposure to the U.S."
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AP
Assured Guaranty buys FSA Holdings for $722M
Friday November 14, 10:43 am ET
By Ieva M. Augstums, AP Business Writer
Assured Guaranty acquires Financial Security Assurance for $722 million, assumes $730 in debt
CHARLOTTE, N.C. (AP) -- Bond insurer Assured Guaranty Ltd. said Friday it will buy the insurance business of Financial Security Assurance Holdings Co. from Belgian-French financial services group Dexia SA for $722 million.
ADVERTISEMENT
Under terms of the deal, which excludes FSA's financial products segment, Assured Guaranty will pay $361 million in cash and issue nearly 44.6 million shares. The company also is assuming $730 million of FSA's outstanding debt.
The acquisition creates "significant value for our shareholders," Assured Guaranty Chief Executive Dominic Frederico said in a statement. In morning trading, Assured Guaranty shares spiked $1.47, or 18 percent, to $9.57.
The deal, expected to close in the first quarter of 2009, is contingent on rating agencies Moody's, Standard & Poor's and Fitch confirming that the triple-A financial strength ratings of both Assured Guaranty and FSA won't be hurt. Bond insurers essentially need "AAA" ratings to book new business.
The Bermuda-based insurer said it expects to finance the cash portion of the acquisition with proceeds of a public equity offering. It also has a back-up financing commitment from billionaire Wilbur Ross and WL Ross & Co., which would purchase newly issued shares. In late February, Ross agreed to buy $250 million in Assured Guaranty stock with the option to buy an additional $750 million, and joined the company's board.
Thus far, Assured Guaranty has largely avoided the credit problems that have plagued rivals Ambac Financial Group Inc. and MBIA Inc. because it has shunned insuring repackaged subprime mortgages.
Bond insurers originally offered insurance mainly to municipalities, but that changed in recent years, and most of the bond insurers started insuring structured finance products. Those risky, complex assets, called collateralized debt obligations, include subprime mortgage debt given to customers with poor credit history. As those mortgages have increasingly defaulted, ratings agencies fear the bonds supported by the troubled loans will default as well.
Ambac and MBIA have been downgraded by Moody's Investors Service, Standard & Poor's and Fitch Ratings, as the agencies worry the insurers wouldn't be able to cover a potential spike in claims. FSA has maintained its triple-A ratings.
Assured Guaranty is scooping up FSA as Dexia, the world's biggest lender to Belgian authorities, on Friday reported a third-quarter loss of $1.88 billion as the financial crisis took its toll on investments. To help stabilize the company -- which in September received a nearly $8 billion rescue package from European governments -- Dexia agreed to sell the U.S. bond insurance unit.
Dexia Chairman Jean-Luc Dehaene said the deal will "allow Dexia to drastically reduce its exposure to the U.S."
a-ha.
die eins wird wohl nicht mehr lange halten.
auf dem weg zum pannystock-ich bleibe dabei.
mal was allgemeines,für all jehne,die deken,es geht bald aufwärts-das umfeld bleibt erbärmlich-ein paar nachdenkliche worte:
http://www.fool.com/investing/international/2008/11/12/why-c…
lg
die eins wird wohl nicht mehr lange halten.
auf dem weg zum pannystock-ich bleibe dabei.
mal was allgemeines,für all jehne,die deken,es geht bald aufwärts-das umfeld bleibt erbärmlich-ein paar nachdenkliche worte:
http://www.fool.com/investing/international/2008/11/12/why-c…
lg
Antwort auf Beitrag Nr.: 35.949.207 von AlaskaBear am 14.11.08 17:12:49meinst du das mit 1 heute oder montag
penystock nur bei C11,und davon sind wir noch einiges entfernt
penystock nur bei C11,und davon sind wir noch einiges entfernt
Antwort auf Beitrag Nr.: 35.948.916 von split66 am 14.11.08 16:46:35Besser so, als weiterhin nur tote Pferde zu reiten .... Ambac fällt gleich um und ihr merkt das nicht einmal.
Antwort auf Beitrag Nr.: 35.949.373 von SLCRacer2008 am 14.11.08 17:27:15und du hast vielleicht deine "long" position auf dax 4700 erst gerade aufgebaut
wo doch jedes kind voraussagen kann dass wir die marke wenn nicht sogar deutlich unterschreiten
besser du treibst dich im beate uhse forum rum
da kannste bestimmt besser reiten oder geritten werden
wo doch jedes kind voraussagen kann dass wir die marke wenn nicht sogar deutlich unterschreiten
besser du treibst dich im beate uhse forum rum
da kannste bestimmt besser reiten oder geritten werden
Antwort auf Beitrag Nr.: 35.949.373 von SLCRacer2008 am 14.11.08 17:27:15du bist bei toten pferd mite/ende juni ausgestiegen
reiter von damals,die weiter gerieten sind ,könne sich ding hier zu zeit leisten
reiter von damals,die weiter gerieten sind ,könne sich ding hier zu zeit leisten
Antwort auf Beitrag Nr.: 35.948.349 von SLCRacer2008 am 14.11.08 15:59:35auser dem versehest du spiel zu zeit auch nicht
es geht nicht um pferde,durften eingentlich zum grossteil tod sein
zu zeit gehet es um Stall
brent es oder nicht
es geht nicht um pferde,durften eingentlich zum grossteil tod sein
zu zeit gehet es um Stall
brent es oder nicht
Antwort auf Beitrag Nr.: 35.949.480 von marcanthony am 14.11.08 17:35:02Zwischen uns beiden bestehen zwei wesentliche Unterschiede. Der erste im Geschlecht und der zweite im Geld verdienen. Letzterer zeichnet sich dadurch aus, dass du und dein split nur auf loserwerte rumreiten, echtes trading ist für euch nur ambac, das zeigt letztendlich auch schon die Qualität eurer Postings.
Reitet eure Ambac bis zum Umfallen.
Reitet eure Ambac bis zum Umfallen.
Antwort auf Beitrag Nr.: 35.949.634 von split66 am 14.11.08 17:52:17der versteht überhaupt nichts....ausser beate uhse
ok und dax 4700 long posi bei aktuell 4717
soll er / sie mal seine pony´s reiten ...
ok und dax 4700 long posi bei aktuell 4717
soll er / sie mal seine pony´s reiten ...
Antwort auf Beitrag Nr.: 35.949.676 von SLCRacer2008 am 14.11.08 17:57:10im gegensatz zu dir ....mit looser postings
kommen von mir ein paar sinnvolle tips
paco (wie ich) hatte schon seinen spass mit aig, hig, fnm, frm und mein tip gestern hat schon mehr als 100% gebracht
den tips yhoo und bac ist er nicht gefolgt
erkunde lieber dein inneres im beate uhse forum
kommen von mir ein paar sinnvolle tips
paco (wie ich) hatte schon seinen spass mit aig, hig, fnm, frm und mein tip gestern hat schon mehr als 100% gebracht
den tips yhoo und bac ist er nicht gefolgt
erkunde lieber dein inneres im beate uhse forum
Antwort auf Beitrag Nr.: 35.949.728 von marcanthony am 14.11.08 18:02:17Meine Longposi ist doch längst schon rausgefallen, dank SL, aber lesen scheint wohl nicht deine Stärke zu sein, mir reichen heute auch schon 85 %. Beate Uhse scheint dich ja mächtig zu interessieren, ist ja klar, wieder so ein Schrottwert, kostet auch nur 60 cents, der richtige Wert für dich. Schau dir mal cinemaxx an, würde dich bestimmt auch anmachen.
Antwort auf Beitrag Nr.: 35.949.859 von SLCRacer2008 am 14.11.08 18:15:21zu sowas kann man nur frustriert sagen....
selbst hausarbeit scheint dich nicht auszufüllen und so belästigst du uns hier mit deinen toten pferden
kannst du nicht irgendwas sinnvolles mit deinem leben anstellen, bücher lesen putzen laub fegen
wäre nett wenn du dich hier endlich und in würde verabschiedest denn deine postings nerven weil sie einfach keine substanz haben (wie du scheinbar auch)
selbst hausarbeit scheint dich nicht auszufüllen und so belästigst du uns hier mit deinen toten pferden
kannst du nicht irgendwas sinnvolles mit deinem leben anstellen, bücher lesen putzen laub fegen
wäre nett wenn du dich hier endlich und in würde verabschiedest denn deine postings nerven weil sie einfach keine substanz haben (wie du scheinbar auch)
meine ist sl reiter krank.
wie kann man so viel zeit verlieren,in einem thread die ganze zeit
leute anzumachen ohne investiert zu sein.
ich bin jetzt auch rein
long
wie kann man so viel zeit verlieren,in einem thread die ganze zeit
leute anzumachen ohne investiert zu sein.
ich bin jetzt auch rein
long
Moin leute
und schönen Abend noch
abk-cooler
und schönen Abend noch
abk-cooler
Antwort auf Beitrag Nr.: 35.951.148 von pacoraban am 14.11.08 20:53:30hey paco altes haus
willkommen zurück
willkommen zurück
Antwort auf Beitrag Nr.: 35.949.926 von marcanthony am 14.11.08 18:22:03Ich kann selbstherrliche Internet-Rambos wie SLC nicht lesen, weil ich grundsätzlich bei solchen Typen die "Hygienetaste" betätige.
Sehr empfehlenswert...
Sehr empfehlenswert...
Antwort auf Beitrag Nr.: 35.951.293 von JoJo2006 am 14.11.08 21:11:09 #8174 von SLCRacer2008 14.11.08 17:57:10
Zwischen uns beiden bestehen zwei wesentliche Unterschiede. Der erste im Geschlecht und der zweite im Geld verdienen.
DEIN Internet-Rambos ist eine SIE
Du mußt sie Dir nur blond vorstellen,
http://www.apothekerbertl.de/assets/images/Frau_Girl_auszieh…dann geht alles wie ........
Zwischen uns beiden bestehen zwei wesentliche Unterschiede. Der erste im Geschlecht und der zweite im Geld verdienen.
DEIN Internet-Rambos ist eine SIE
Du mußt sie Dir nur blond vorstellen,
http://www.apothekerbertl.de/assets/images/Frau_Girl_auszieh…dann geht alles wie ........
Antwort auf Beitrag Nr.: 35.951.445 von vermutung am 14.11.08 21:35:41Vermutung...
ER könnte auch weder ein ER noch eine SIE sein...
ES wäre eine Alternative...
ER könnte auch weder ein ER noch eine SIE sein...
ES wäre eine Alternative...
Freut euch lieber auf die nächste Woche, kleine Schlammschlachten bringen doch nichts. Die nächsten 14 Tage werden garantiert sehr interessant ...........
Moin Leute,
na wie gehts na wie stehts
nichts neues?
wohin ghet wohl die Reise von abk heute down oder up?
wer weiss ich jedenfalls weis es nicht und deshalb halte ich
Grüße
an Marc und zipp
von Paco
na wie gehts na wie stehts
nichts neues?
wohin ghet wohl die Reise von abk heute down oder up?
wer weiss ich jedenfalls weis es nicht und deshalb halte ich
Grüße
an Marc und zipp
von Paco
Nichts neues? Na, ich weiss nicht.
Viele substantielle Käufe Ende letzter Woche.
Grosse Institutionelle kaufen ABK Aktien hinzu.
16-Nov-08 12:03 am ABK: Ambac Financial Group Inc
Fund Fund Type Fund Perf. Report Date Current Shares Current Value Value Chng. Return Activity Shares Chng. Shares Chg.% Results
Teachers Advisors Inc Institution 0.00 % 2008-11-14 346,611 $467,925 $0 0.00 % Added More 149,460 75.80 % $0
Axa Institution 0.00 % 2008-11-14 185,168 $249,977 $0 0.00 % Added More 3,993 2.20 % $0
Highbridge Capital Management Llc Institution 0.00 % 2008-11-14 67,939 $91,718 $0 0.00 % New Holding 67,939 100.00 % $0
Rbc Capital Markets Arbitrage S A Institution 0.00 % 2008-11-14 58,192 $78,559 $0 0.00 % New Holding 58,192 100.00 % $0
Lehman Brothers Holdings Inc Institution 0.00 % 2008-11-14 840,723 $1,134,976 $0 0.00 % Added More 715,652 572.19 % $0
Lindvall Capital Management Llc Institution 0.00 % 2008-11-14 100,000 $135,000 $0 0.00 % New Holding 100,000 100.00 % $0
Pergamon Offshore Advisors L P Institution 0.00 % 2008-11-14 32,403 $43,744 $0 0.00 % New Holding 32,403 100.00 % $0
Barclays Plc Institution 0.00 % 2008-11-14 361,700 $488,295 $0 0.00 % Added More 220,820 156.74 % $0
Geode Capital Management Llc Institution 0.00 % 2008-11-14 478,070 $645,395 $0 0.00 % Added More 88,136 22.60 % $0
Jane Street Holding Llc Institution 0.00 % 2008-11-14 50,401 $68,041 $0 0.00 % Added More 36,631 266.02 % $0
Aurelius Capital Management Lp Institution 0.00 % 2008-11-14 50,000 $67,500 $0 0.00 % New Holding 50,000 100.00 % $0
Royal Bank Of Scotland Group Plc Institution 0.00 % 2008-11-14 16,424 $22,172 $0 0.00 % Added More 320 1.98 % $0
Goldman Sachs Group Inc Institution 0.00 % 2008-11-14 11,178,777 $15,091,349 $0 0.00 % Added More 8,463,181 311.65 % $0
Grantham Mayo Van Otterloo And Co Llc Institution 0.00 % 2008-11-14 12,600 $17,010 $0 0.00 % New Holding 12,600 100.00 % $0
Hecht Nikos Institution 0.00 % 2008-11-14 3,095,205 $4,178,527 $0 0.00 % Added More 1,222,190 65.25 % $0
Irish Life Investment Managers Institution 0.00 % 2008-11-14 31,214 $42,139 $0 0.00 % New Holding 31,214 100.00 % $0
Kensico Capital Management Corp Institution 0.00 % 2008-11-14 2,124,313 $2,867,823 $0 0.00 % No Change 0 0 % -
Citigroup Inc Institution 0.00 % 2008-11-14 29,935,190 $40,412,507 $0 0.00 % Added More 14,587,468 95.04 % $0
Oppenheimer Funds Inc Institution 0.00 % 2008-11-14 5,500 $7,425 $0 0.00 % Added More 2,900 111.53 % $0
Pnc Financial Services Group Inc Institution 0.00 % 2008-11-14 740 $999 $0 0.00 % Added More 240 48.00 % $0
Cedar Hill Capital Partners Llc Institution 0.00 % 2008-11-14 1,095,000 $1,478,250 $0 0.00 % Added More 50,000 4.78 % $0
Anchorage Advisors Llc Institution 0.00 % 2008-11-14 618,600 $835,110 $0 0.00 % No Change 0 0 % -
Fmr Corp Institution 0.02 % 2008-11-14 40,653,871 $54,882,726 $0 0.00 % Added More 10,383,173 34.30 % $0
Zebra Capital Management Llc Institution 0.01 % 2008-11-14 254,707 $343,854 $0 0.00 % Added More 39,476 18.34 % $0
Kingdon Capital Management Llc Institution 0.00 % 2008-11-14 600,000 $810,000 $0 0.00 % New Holding 600,000 100.00 % $0
Suttonbrook Capital Management Lp Institution 0.00 % 2008-11-14 7,660,012 $10,341,016 $0 0.00 % New Holding 7,660,012 100.00 % $0
Fir Tree Inc Institution 0.00 % 2008-11-14 3,911,720 $5,280,822 $0 0.00 % New Holding 3,911,720 100.00 % $0
Dynamic Capital Management Llc Institution 0.00 % 2008-11-14 883,974 $1,193,365 $0 0.00 % Added More 832,194 1607.17 % $0
Tiaa Cref Investment Management Llc Institution 0.00 % 2008-11-14 1,947,255 $2,628,794 $0 0.00 % Added More 103,660 5.62 % $0
Tiger Global Management Llc Institution 0.00 % 2008-11-14 4,000,000
Broadmark Asset Management Llc Institution 0.00 % 2008-11-14 66,600 $89,910 $0 0.00 % Added More 56,600 566.00 % $0
Capital International Inc Institution 0.00 % 2008-11-14 3,232,000 $4,363,200 $0 0.00 % Added More 404,910 14.32
Quelle hier leider nur ein Blog: http://www.stockhideout.com/chucks-stock-alerts/1335-radar-l… aber mit Verlinkung zu mffais.com
Früher hiess es immer "Follow the smart money." Heutzutage kann man darüber natürlich trefflich lästern.
Dennoch bin ich kurzfristig optimistisch gestimmt und sehe auch langfristig hier eine immense Chance. Letzteres ist natürlich noch unklar, sonst stünde der Kurs ja nicht dort wo er steht.
Viele substantielle Käufe Ende letzter Woche.
Grosse Institutionelle kaufen ABK Aktien hinzu.
16-Nov-08 12:03 am ABK: Ambac Financial Group Inc
Fund Fund Type Fund Perf. Report Date Current Shares Current Value Value Chng. Return Activity Shares Chng. Shares Chg.% Results
Teachers Advisors Inc Institution 0.00 % 2008-11-14 346,611 $467,925 $0 0.00 % Added More 149,460 75.80 % $0
Axa Institution 0.00 % 2008-11-14 185,168 $249,977 $0 0.00 % Added More 3,993 2.20 % $0
Highbridge Capital Management Llc Institution 0.00 % 2008-11-14 67,939 $91,718 $0 0.00 % New Holding 67,939 100.00 % $0
Rbc Capital Markets Arbitrage S A Institution 0.00 % 2008-11-14 58,192 $78,559 $0 0.00 % New Holding 58,192 100.00 % $0
Lehman Brothers Holdings Inc Institution 0.00 % 2008-11-14 840,723 $1,134,976 $0 0.00 % Added More 715,652 572.19 % $0
Lindvall Capital Management Llc Institution 0.00 % 2008-11-14 100,000 $135,000 $0 0.00 % New Holding 100,000 100.00 % $0
Pergamon Offshore Advisors L P Institution 0.00 % 2008-11-14 32,403 $43,744 $0 0.00 % New Holding 32,403 100.00 % $0
Barclays Plc Institution 0.00 % 2008-11-14 361,700 $488,295 $0 0.00 % Added More 220,820 156.74 % $0
Geode Capital Management Llc Institution 0.00 % 2008-11-14 478,070 $645,395 $0 0.00 % Added More 88,136 22.60 % $0
Jane Street Holding Llc Institution 0.00 % 2008-11-14 50,401 $68,041 $0 0.00 % Added More 36,631 266.02 % $0
Aurelius Capital Management Lp Institution 0.00 % 2008-11-14 50,000 $67,500 $0 0.00 % New Holding 50,000 100.00 % $0
Royal Bank Of Scotland Group Plc Institution 0.00 % 2008-11-14 16,424 $22,172 $0 0.00 % Added More 320 1.98 % $0
Goldman Sachs Group Inc Institution 0.00 % 2008-11-14 11,178,777 $15,091,349 $0 0.00 % Added More 8,463,181 311.65 % $0
Grantham Mayo Van Otterloo And Co Llc Institution 0.00 % 2008-11-14 12,600 $17,010 $0 0.00 % New Holding 12,600 100.00 % $0
Hecht Nikos Institution 0.00 % 2008-11-14 3,095,205 $4,178,527 $0 0.00 % Added More 1,222,190 65.25 % $0
Irish Life Investment Managers Institution 0.00 % 2008-11-14 31,214 $42,139 $0 0.00 % New Holding 31,214 100.00 % $0
Kensico Capital Management Corp Institution 0.00 % 2008-11-14 2,124,313 $2,867,823 $0 0.00 % No Change 0 0 % -
Citigroup Inc Institution 0.00 % 2008-11-14 29,935,190 $40,412,507 $0 0.00 % Added More 14,587,468 95.04 % $0
Oppenheimer Funds Inc Institution 0.00 % 2008-11-14 5,500 $7,425 $0 0.00 % Added More 2,900 111.53 % $0
Pnc Financial Services Group Inc Institution 0.00 % 2008-11-14 740 $999 $0 0.00 % Added More 240 48.00 % $0
Cedar Hill Capital Partners Llc Institution 0.00 % 2008-11-14 1,095,000 $1,478,250 $0 0.00 % Added More 50,000 4.78 % $0
Anchorage Advisors Llc Institution 0.00 % 2008-11-14 618,600 $835,110 $0 0.00 % No Change 0 0 % -
Fmr Corp Institution 0.02 % 2008-11-14 40,653,871 $54,882,726 $0 0.00 % Added More 10,383,173 34.30 % $0
Zebra Capital Management Llc Institution 0.01 % 2008-11-14 254,707 $343,854 $0 0.00 % Added More 39,476 18.34 % $0
Kingdon Capital Management Llc Institution 0.00 % 2008-11-14 600,000 $810,000 $0 0.00 % New Holding 600,000 100.00 % $0
Suttonbrook Capital Management Lp Institution 0.00 % 2008-11-14 7,660,012 $10,341,016 $0 0.00 % New Holding 7,660,012 100.00 % $0
Fir Tree Inc Institution 0.00 % 2008-11-14 3,911,720 $5,280,822 $0 0.00 % New Holding 3,911,720 100.00 % $0
Dynamic Capital Management Llc Institution 0.00 % 2008-11-14 883,974 $1,193,365 $0 0.00 % Added More 832,194 1607.17 % $0
Tiaa Cref Investment Management Llc Institution 0.00 % 2008-11-14 1,947,255 $2,628,794 $0 0.00 % Added More 103,660 5.62 % $0
Tiger Global Management Llc Institution 0.00 % 2008-11-14 4,000,000
Broadmark Asset Management Llc Institution 0.00 % 2008-11-14 66,600 $89,910 $0 0.00 % Added More 56,600 566.00 % $0
Capital International Inc Institution 0.00 % 2008-11-14 3,232,000 $4,363,200 $0 0.00 % Added More 404,910 14.32
Quelle hier leider nur ein Blog: http://www.stockhideout.com/chucks-stock-alerts/1335-radar-l… aber mit Verlinkung zu mffais.com
Früher hiess es immer "Follow the smart money." Heutzutage kann man darüber natürlich trefflich lästern.
Dennoch bin ich kurzfristig optimistisch gestimmt und sehe auch langfristig hier eine immense Chance. Letzteres ist natürlich noch unklar, sonst stünde der Kurs ja nicht dort wo er steht.
Antwort auf Beitrag Nr.: 35.977.532 von shews am 17.11.08 13:18:12moin moin shews,
da haste natürlich recht
da haste natürlich recht
Antwort auf Beitrag Nr.: 35.976.220 von pacoraban am 17.11.08 11:05:09Moin, moin Paco!
Hier hat sioch ja voll die Flaute eingestellt...
Nanu...!?
Ist fast jedem schon das Schreiben vergangen??
Cool bleiben & Nerven bewahren...
Hier hat sioch ja voll die Flaute eingestellt...
Nanu...!?
Ist fast jedem schon das Schreiben vergangen??
Cool bleiben & Nerven bewahren...
Antwort auf Beitrag Nr.: 35.978.217 von zip2000 am 17.11.08 15:04:57Moin zippo
Dank Deiner Worte bin ich auf easy eingestellt
genau immer cool un locker bleiben
Dank Deiner Worte bin ich auf easy eingestellt
genau immer cool un locker bleiben
ich habe heut mir noch 2,5 k gegönnt
Antwort auf Beitrag Nr.: 35.978.546 von pacoraban am 17.11.08 15:38:51Ich bin auch davon überzeugt, dass ich meine heute bekommen werde!!
Antwort auf Beitrag Nr.: 35.978.672 von zip2000 am 17.11.08 15:48:28
#zu früh eingekauft
#zu früh eingekauft
ich will nicht dass du sie bekommst
weil ich alles wegkaufe damit du deine 0,97 nich tbekommst
ätschi bätsch
ätschi bätsch
Antwort auf Beitrag Nr.: 35.978.811 von pacoraban am 17.11.08 16:00:19Aha, du bist der...!
Macht nix... Kommt Zeit, kommt ABK zu mir...
Macht nix... Kommt Zeit, kommt ABK zu mir...
guten abend allen investierten
wenn ich es richtig in erinnerung habe läuft am 14 oder 18.11 die frist ab bei der fed hilfe zu beantragen
denke mal wir sind innerhalb der nächsten 2 wochen schlauer ob und in welcher forn abk und mbia hilfe bekommen
wenn ich es richtig in erinnerung habe läuft am 14 oder 18.11 die frist ab bei der fed hilfe zu beantragen
denke mal wir sind innerhalb der nächsten 2 wochen schlauer ob und in welcher forn abk und mbia hilfe bekommen
http://treas.gov/initiatives/eesa/docs/application-guideline…
Application Guidelines for TARP Capital Purchase Program
This application is used to request participation in the Treasury Capital Purchase Program (CPP).
Under the CPP, the U.S. Department of the Treasury (Treasury) may purchase qualifying capital
in U.S. banking organizations.
The application must be submitted to the appropriate Federal banking agency (FBA) for the
applicant. If the applicant is a bank holding company, the application should be submitted to
both the applicant's holding company supervisor and the supervisor of the largest insured
depository institution controlled by the applicant. All inquiries regarding preparation of the
application should be directed to the appropriate FBA for the applicant. All applications must be
submitted no later than 5pm (EST), November 14, 2008.More detailed information, including submission instructions, can be found at the applicable
FBA’s website:
1. For the Federal Deposit Insurance Corporation: www.fdic.gov
2. For the Federal Reserve: www.federalreserve.gov
3. For the Office of the Comptroller of the Currency: www.occ.treas.gov
4. For the Office of Thrift Supervision: www.ots.treas.gov
The terms of the CPP are described generally in this application. However, this description is
not binding on the Treasury and is intended to provide general information only. The actual
terms and conditions of the CPP are contained in documentation that will be available from the
Treasury Department on its web site at http://www.treas.gov/initiatives/eesa/.
Eligible Institutions
The CPP is available to bank holding companies, financial holding companies, insured
depository institutions and savings and loan holding companies that engage solely or
predominately in activities that are permissible for financial holding companies under relevant
law. To qualify, the applicant must be established and operating in the United States and may
not be controlled by a foreign bank or company.Institutions must consult with their appropriate FBA prior to submitting this application.
Application Guidelines for TARP Capital Purchase Program
This application is used to request participation in the Treasury Capital Purchase Program (CPP).
Under the CPP, the U.S. Department of the Treasury (Treasury) may purchase qualifying capital
in U.S. banking organizations.
The application must be submitted to the appropriate Federal banking agency (FBA) for the
applicant. If the applicant is a bank holding company, the application should be submitted to
both the applicant's holding company supervisor and the supervisor of the largest insured
depository institution controlled by the applicant. All inquiries regarding preparation of the
application should be directed to the appropriate FBA for the applicant. All applications must be
submitted no later than 5pm (EST), November 14, 2008.More detailed information, including submission instructions, can be found at the applicable
FBA’s website:
1. For the Federal Deposit Insurance Corporation: www.fdic.gov
2. For the Federal Reserve: www.federalreserve.gov
3. For the Office of the Comptroller of the Currency: www.occ.treas.gov
4. For the Office of Thrift Supervision: www.ots.treas.gov
The terms of the CPP are described generally in this application. However, this description is
not binding on the Treasury and is intended to provide general information only. The actual
terms and conditions of the CPP are contained in documentation that will be available from the
Treasury Department on its web site at http://www.treas.gov/initiatives/eesa/.
Eligible Institutions
The CPP is available to bank holding companies, financial holding companies, insured
depository institutions and savings and loan holding companies that engage solely or
predominately in activities that are permissible for financial holding companies under relevant
law. To qualify, the applicant must be established and operating in the United States and may
not be controlled by a foreign bank or company.Institutions must consult with their appropriate FBA prior to submitting this application.
Antwort auf Beitrag Nr.: 35.980.674 von marcanthony am 17.11.08 19:28:18denke mal wir sind innerhalb der nächsten 2 Wochen schlauer ob in welcher Form wir unser Geld verpulvert haben
Antwort auf Beitrag Nr.: 35.980.269 von zip2000 am 17.11.08 18:41:02zippi du gewinnst
ich konnte heute nicht widerstehenleider bei 1,06 gekauft
soniigen Abend noch
ich konnte heute nicht widerstehenleider bei 1,06 gekauft
soniigen Abend noch
Antwort auf Beitrag Nr.: 35.980.807 von marcanthony am 17.11.08 19:43:55posting des Tages schönen Abend noch marc
Grüße Paco
Grüße Paco
Antwort auf Beitrag Nr.: 35.980.999 von SLCRacer2008 am 17.11.08 20:08:22oh my god nicht sie / es schon wieder
man denkt nichts schlimmes und schon taucht es aus dem beate uhse shop hervor
es hat nichts anderes zu tun und langweilt sich total
ob in welcher Form wir unser Geld verpulvert haben suggeriert obendrein noch dass ES bei abk investiert ist
man denkt nichts schlimmes und schon taucht es aus dem beate uhse shop hervor
es hat nichts anderes zu tun und langweilt sich total
ob in welcher Form wir unser Geld verpulvert haben suggeriert obendrein noch dass ES bei abk investiert ist
"Got a quarter? Can you flip it? Congratulations, you're a stock guru."
That's basically the thesis of my recurring "Beat the Street with 25 Cents" column. We Fools know that when a Wall Street firm upgrades a stock, investors are likely to bid the stock price up in response. Conversely, when a big-name analyst pans a company, the stock often drops.
But should it rise or drop? If "80% of mutual funds underperform the market," and if the vast majority of Wall Street analysts get more of their picks right than wrong, it seems odd for us to buy or sell stocks based on their say-so. That's why I use "25 Cents" to clue you in on the most clueless stock analysts.
The dirty half-dozen
However, some analysts hog all the attention in "25 Cents." Historically, firms like Maxim Group and Next Generation have occupied two of the bottom seven slots of the Wall Street roll call (the "unlucky seven"). That leaves only five spaces open for other lousy stock pickers to fight over -- and that just ain't fair.
To spread the wealth, as it were, we've introduced "Subpar Analyst Showdown" with the intention of pointing the spotlight a bit higher up the ladder. Here, we illuminate a few better-known Wall Street names that consistently score below 50% accuracy in their picks. Not as bad as their less-famous brethren, these names will be better known to the investing public.
By deflating the prestige-bubble these firms have undeservingly acquired, I hope to help you sleep better, secure in knowing which big-name firms are more often wrong than right. Here's this month's batch of not-yet-ready-for-prime-time players:
Firm
Accuracy
CAPS Rating
One Really Bad Pick
How Bad?*
UBS
48%
25.39
Yamana Gold (NYSE: AUY)
34 points
Citigroup
47%
Under 20
American International Group (NYSE: AIG)
59 points
Credit Suisse
46%
Under 20
Petroleo Brasileiro (NYSE: PBR)
31 points
JPMorgan Chase
46%
Under 20
Starbucks (Nasdaq: SBUX)
36 points
Friedman, Billings, Ramsey
45%
Under 20
Marvell Technology (Nasdaq: MRVL)
19 points
Calyon Securities
41%
Under 20
Ambac Financial (NYSE: ABK)
57 points
*Specifically, how badly is this active pick underperforming the S&P 500?
Lies, damned lies, and statistics (Part 2)
Now, the caveats I've expressed before about CAPS hold true for the above firms as well:
We do not count ratings on "half-penny" stocks with market caps of less than $100 million or stock prices below $1.50 per share. Counting such picks could help (or hurt) the accuracy of the numbers reflected above.
CAPS is still in "beta." Glitches will surface that could affect our numbers. We'll do our best to squash the bugs as we find them, though, and we invite the named analyst companies to help us improve our product. If you have a gripe about your rating and the facts to back it up, we'll work with you to fix the problem. Drop our CAPS feedback board a note, and we'll give your arguments a fair hearing.
There's one more factor to consider in weighing this column's findings. CAPS' has a two-part scoring system, ranking firms (and members) both on their accuracy, and on how greatly each pick beats or lags the market. In theory, an analyst can get two picks wrong for every one right, yet still rank very highly among investors.
For example, it's not enough to be merely less accurate than a coin toss to push an analyst into the CAPS netherworld of an "Under 20" ranking. With many of these firms glomming on to no-brainer winners like MasterCard (NYSE: MA), they need to be spectacularly wrong on their losers in order to reap those winnings, yet still underperform 80% of CAPS investors.
The trick, of course, is to recognize when a winner has stopped being a winner, and it's time to take your chips off the table. I suspect that's why our team at Motley Fool Inside Value recommended selling MasterCard -- and why unlike so many of Wall Street's finest, we're still beating the S&P 500.
That's basically the thesis of my recurring "Beat the Street with 25 Cents" column. We Fools know that when a Wall Street firm upgrades a stock, investors are likely to bid the stock price up in response. Conversely, when a big-name analyst pans a company, the stock often drops.
But should it rise or drop? If "80% of mutual funds underperform the market," and if the vast majority of Wall Street analysts get more of their picks right than wrong, it seems odd for us to buy or sell stocks based on their say-so. That's why I use "25 Cents" to clue you in on the most clueless stock analysts.
The dirty half-dozen
However, some analysts hog all the attention in "25 Cents." Historically, firms like Maxim Group and Next Generation have occupied two of the bottom seven slots of the Wall Street roll call (the "unlucky seven"). That leaves only five spaces open for other lousy stock pickers to fight over -- and that just ain't fair.
To spread the wealth, as it were, we've introduced "Subpar Analyst Showdown" with the intention of pointing the spotlight a bit higher up the ladder. Here, we illuminate a few better-known Wall Street names that consistently score below 50% accuracy in their picks. Not as bad as their less-famous brethren, these names will be better known to the investing public.
By deflating the prestige-bubble these firms have undeservingly acquired, I hope to help you sleep better, secure in knowing which big-name firms are more often wrong than right. Here's this month's batch of not-yet-ready-for-prime-time players:
Firm
Accuracy
CAPS Rating
One Really Bad Pick
How Bad?*
UBS
48%
25.39
Yamana Gold (NYSE: AUY)
34 points
Citigroup
47%
Under 20
American International Group (NYSE: AIG)
59 points
Credit Suisse
46%
Under 20
Petroleo Brasileiro (NYSE: PBR)
31 points
JPMorgan Chase
46%
Under 20
Starbucks (Nasdaq: SBUX)
36 points
Friedman, Billings, Ramsey
45%
Under 20
Marvell Technology (Nasdaq: MRVL)
19 points
Calyon Securities
41%
Under 20
Ambac Financial (NYSE: ABK)
57 points
*Specifically, how badly is this active pick underperforming the S&P 500?
Lies, damned lies, and statistics (Part 2)
Now, the caveats I've expressed before about CAPS hold true for the above firms as well:
We do not count ratings on "half-penny" stocks with market caps of less than $100 million or stock prices below $1.50 per share. Counting such picks could help (or hurt) the accuracy of the numbers reflected above.
CAPS is still in "beta." Glitches will surface that could affect our numbers. We'll do our best to squash the bugs as we find them, though, and we invite the named analyst companies to help us improve our product. If you have a gripe about your rating and the facts to back it up, we'll work with you to fix the problem. Drop our CAPS feedback board a note, and we'll give your arguments a fair hearing.
There's one more factor to consider in weighing this column's findings. CAPS' has a two-part scoring system, ranking firms (and members) both on their accuracy, and on how greatly each pick beats or lags the market. In theory, an analyst can get two picks wrong for every one right, yet still rank very highly among investors.
For example, it's not enough to be merely less accurate than a coin toss to push an analyst into the CAPS netherworld of an "Under 20" ranking. With many of these firms glomming on to no-brainer winners like MasterCard (NYSE: MA), they need to be spectacularly wrong on their losers in order to reap those winnings, yet still underperform 80% of CAPS investors.
The trick, of course, is to recognize when a winner has stopped being a winner, and it's time to take your chips off the table. I suspect that's why our team at Motley Fool Inside Value recommended selling MasterCard -- and why unlike so many of Wall Street's finest, we're still beating the S&P 500.
abkletzter Platz
Seit 1h $1,26-1,28... Da ist was im Busch... Oder??
Cool bleiben...
Cool bleiben...
Antwort auf Beitrag Nr.: 35.981.115 von zip2000 am 17.11.08 20:22:29ich denke nicht, aber wenn umso besser für mich
coolbleibe ich auch
mal schauen
schönen Abend noch
coolbleibe ich auch
mal schauen
schönen Abend noch
alte News
Irving Kahn Buys Ambac Financial Group Inc., MBIA Inc., and SLM Corp., and Pfizer Inc., Sells Autoliv Inc., CNA Financial Corp.
GuruFocus News
Filed Under: MBI, SLM, ORI, BMY, PFE, NYT, ABK, PHI, MHS, MON, MXM, CNA, AL,
Filed Under: MBI, SLM, ORI, BMY, PFE, NYT, ABK, PHI, MHS, MON, MXM, CNA, AL, MBIA Inc. 5.89 -0.01
Today 5d 1m 3m 1y 5y 10y
Filed Under: MBI, SLM, ORI, BMY, PFE, NYT, ABK, PHI, MHS, MON, MXM, CNA, AL, SLM Corp. 7.27 -0.16
Today 5d 1m 3m 1y 5y 10y
Filed Under: MBI, SLM, ORI, BMY, PFE, NYT, ABK, PHI, MHS, MON, MXM, CNA, AL,
Irving Kahn, the oldest living value investor, experienced the great depression of 1930s as an adult. What does he think about the current financial crisis? He is buying the beaten down bond insurers and a few healthcare stocks during the third quarter. These are the details.
Irving Kahn buys Ambac Financial Group Inc., sells Autoliv Inc., CNA Financial Corp., MAXXAM Inc during the 3-months ended 09/30/2008, according to the most recent filings of his investment company, Kahn Brothers & Company Inc.. Irving Kahn owns 57 stocks with a total value of $411 million. These are the details of the buys and sells.
New Purchases: ABK,
Added Positions: BMY, MBI, NYT, ORI, PFE, SLM,
Reduced Positions: MHS, MON, PHI,
Sold Out: ALV, CNA, MXM,
For the details of Irving Kahn's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Irving+Kahn
Ambac Financial Group Inc. (ABK)
Irving Kahn initiated holdings in Ambac Financial Group Inc.. His purchase prices were between $1.33 and $8.52, with an estimated average price of $4.4. The impact to his portfolio due to this purchase was 0.07%. His holdings were 100,000 shares as of 09/30/2008.
Ambac Financial Group Inc. is a holding company whose subsidiaries provide financial guarantee products and other financial services to clients in both the public and private sectors around the world. Through its financial services subsidiaries the Company provides investment agreements interest rate swaps investment advisory and cash management services primarily to states municipalities and their authorities. Ambac Financial Group Inc. has a market cap of $576.78 million; its shares were traded at around $3.4 . The dividend yield of Ambac Financial Group Inc. stocks is 1.66%.
Reduced: Philippine
Irving Kahn Buys Ambac Financial Group Inc., MBIA Inc., and SLM Corp., and Pfizer Inc., Sells Autoliv Inc., CNA Financial Corp.
GuruFocus News
Filed Under: MBI, SLM, ORI, BMY, PFE, NYT, ABK, PHI, MHS, MON, MXM, CNA, AL,
Filed Under: MBI, SLM, ORI, BMY, PFE, NYT, ABK, PHI, MHS, MON, MXM, CNA, AL, MBIA Inc. 5.89 -0.01
Today 5d 1m 3m 1y 5y 10y
Filed Under: MBI, SLM, ORI, BMY, PFE, NYT, ABK, PHI, MHS, MON, MXM, CNA, AL, SLM Corp. 7.27 -0.16
Today 5d 1m 3m 1y 5y 10y
Filed Under: MBI, SLM, ORI, BMY, PFE, NYT, ABK, PHI, MHS, MON, MXM, CNA, AL,
Irving Kahn, the oldest living value investor, experienced the great depression of 1930s as an adult. What does he think about the current financial crisis? He is buying the beaten down bond insurers and a few healthcare stocks during the third quarter. These are the details.
Irving Kahn buys Ambac Financial Group Inc., sells Autoliv Inc., CNA Financial Corp., MAXXAM Inc during the 3-months ended 09/30/2008, according to the most recent filings of his investment company, Kahn Brothers & Company Inc.. Irving Kahn owns 57 stocks with a total value of $411 million. These are the details of the buys and sells.
New Purchases: ABK,
Added Positions: BMY, MBI, NYT, ORI, PFE, SLM,
Reduced Positions: MHS, MON, PHI,
Sold Out: ALV, CNA, MXM,
For the details of Irving Kahn's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Irving+Kahn
Ambac Financial Group Inc. (ABK)
Irving Kahn initiated holdings in Ambac Financial Group Inc.. His purchase prices were between $1.33 and $8.52, with an estimated average price of $4.4. The impact to his portfolio due to this purchase was 0.07%. His holdings were 100,000 shares as of 09/30/2008.
Ambac Financial Group Inc. is a holding company whose subsidiaries provide financial guarantee products and other financial services to clients in both the public and private sectors around the world. Through its financial services subsidiaries the Company provides investment agreements interest rate swaps investment advisory and cash management services primarily to states municipalities and their authorities. Ambac Financial Group Inc. has a market cap of $576.78 million; its shares were traded at around $3.4 . The dividend yield of Ambac Financial Group Inc. stocks is 1.66%.
Reduced: Philippine
wieso gibt es soviel Idioten die abk shares kaufen
Antwort auf Beitrag Nr.: 35.981.220 von pacoraban am 17.11.08 20:34:55bin auch so ein Idiot. Bin gerade bei 1,01 rein
Antwort auf Beitrag Nr.: 35.981.220 von pacoraban am 17.11.08 20:34:55naja 100.000 shares sind nicht viel
soviel hat(te) ja fast unser bester poser slc bereits im juni und verkauft
slc = the oldest living value investor, experienced the great depression of 1930s as an adult
might be we all dont know how old it is
soviel hat(te) ja fast unser bester poser slc bereits im juni und verkauft
slc = the oldest living value investor, experienced the great depression of 1930s as an adult
might be we all dont know how old it is
Antwort auf Beitrag Nr.: 35.981.350 von marcanthony am 17.11.08 20:45:39das stimmt
Last Updated: November 7, 2008 09:08 EST
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=adPYM…
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=adPYM…
SK 1,24 NB z.Z. 1,30 $
Antwort auf Beitrag Nr.: 35.982.163 von vermutung am 17.11.08 21:54:13Sehr positiv!
Werde meine Order wohl erhöhen müssen...
Werde meine Order wohl erhöhen müssen...
Antwort auf Beitrag Nr.: 35.983.237 von zip2000 am 17.11.08 23:46:48Gute Morgen an Alle & a Paco!
Ein klitze-kleines Minus vn 5% und ich hab sie...
Anschließend wünsch ich allen ganz viel GRÜÜÜÜÜÜÜÜN...
Ein klitze-kleines Minus vn 5% und ich hab sie...
Anschließend wünsch ich allen ganz viel GRÜÜÜÜÜÜÜÜN...
noch einmal zum lesen
Ambac Is `Extremely Solvent,' Model Is Stable, Wallis Says
By Margaret Popper and Christine Richard
Nov. 7 (Bloomberg) -- Ambac Financial Group Inc. has a stable business model, is ``extremely solvent'' and is unlikely to need direct help from the federal government, Chief Executive Officer David Wallis said.
``We have lots of money in the bank,'' Wallis said in an interview today with Bloomberg Television. ``We are absolutely a solvent entity. We are not going to Treasury with a banking problem. This is an issue in relation to getting ourselves back to the market, giving people confidence, and providing the lubricant to the markets.''
To contact the reporters on this story: Christine Richard in New York at crichard5@bloomberg.net
Last Updated: November 7, 2008 09:08 EST
Ambac Is `Extremely Solvent,' Model Is Stable, Wallis Says
By Margaret Popper and Christine Richard
Nov. 7 (Bloomberg) -- Ambac Financial Group Inc. has a stable business model, is ``extremely solvent'' and is unlikely to need direct help from the federal government, Chief Executive Officer David Wallis said.
``We have lots of money in the bank,'' Wallis said in an interview today with Bloomberg Television. ``We are absolutely a solvent entity. We are not going to Treasury with a banking problem. This is an issue in relation to getting ourselves back to the market, giving people confidence, and providing the lubricant to the markets.''
To contact the reporters on this story: Christine Richard in New York at crichard5@bloomberg.net
Last Updated: November 7, 2008 09:08 EST
Antwort auf Beitrag Nr.: 35.986.333 von fortuna924 am 18.11.08 08:53:38guten morgen
was soll der ceo sonst sagen...klar sagt er dass abk extrem solvent ist, cash ist da aber nicht viel da sondern sie müssen assets verkaufen bzw übertragen
zum thema fed hilfe http://www.n-tv.de/1054986.html
Dienstag, 18. November 2008
Warten auf Obama
Paulson setzt Hilfspaket aus
US-Finanzminister Henry Paulson will die verbliebenen 410 Mrd. US-Dollar aus dem Rettungspaket für die Finanzindustrie bis zum Amtsantritt des nächsten Präsidenten Barack Obama aufsparen.
Sollte keine neue Krise ausbrechen, dann werde er keine neuen Hilfsprogramme auflegen, sagte Paulson in einem Interview mit dem "Wall Street Journal". Die neue Regierung solle über eine möglichst große Flexibiliät verfügen. Ursprünglich hatte das Rettungspaket ein Volumen von 700 Mrd. US-Dollar, inzwischen wurden Mittel vor allem für Eigenkapitalspritzen für Geschäftsbanken eingesetzt.
In der vorigen Woche hatte Paulson die Strategie für das Rettungspaket geändert und auch Hilfen für den Bereich der Konsumentenkredite angekündigt. Auf diese Weise solle der Konsum angekurbelt werden. Der ursprüngliche Plan, illiquide Hypothekenpapiere aufzukaufen, wurde fallen gelassen.
was soll der ceo sonst sagen...klar sagt er dass abk extrem solvent ist, cash ist da aber nicht viel da sondern sie müssen assets verkaufen bzw übertragen
zum thema fed hilfe http://www.n-tv.de/1054986.html
Dienstag, 18. November 2008
Warten auf Obama
Paulson setzt Hilfspaket aus
US-Finanzminister Henry Paulson will die verbliebenen 410 Mrd. US-Dollar aus dem Rettungspaket für die Finanzindustrie bis zum Amtsantritt des nächsten Präsidenten Barack Obama aufsparen.
Sollte keine neue Krise ausbrechen, dann werde er keine neuen Hilfsprogramme auflegen, sagte Paulson in einem Interview mit dem "Wall Street Journal". Die neue Regierung solle über eine möglichst große Flexibiliät verfügen. Ursprünglich hatte das Rettungspaket ein Volumen von 700 Mrd. US-Dollar, inzwischen wurden Mittel vor allem für Eigenkapitalspritzen für Geschäftsbanken eingesetzt.
In der vorigen Woche hatte Paulson die Strategie für das Rettungspaket geändert und auch Hilfen für den Bereich der Konsumentenkredite angekündigt. Auf diese Weise solle der Konsum angekurbelt werden. Der ursprüngliche Plan, illiquide Hypothekenpapiere aufzukaufen, wurde fallen gelassen.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ae7TS…
Amex, Hartford, Synovus Among Companies Bidding for TARP Funds
By Linda Shen
Nov. 18 (Bloomberg) -- American Express Co., Hartford Financial Services Group Inc. and Synovus Financial Corp. are among at least 79 companies applying for about $60 billion from the U.S. Troubled Asset Relief Program.
Banks, savings and loans, insurers and credit companies are all vying for a piece of the remaining $125 billion of Treasury Secretary Henry Paulson's program to recapitalize U.S. lenders and thaw the credit markets. The Treasury has already allocated $125 billion to the nine largest banks.
``Between the worsening economy and our growing largess, it seems like the question ought to be raised of how much $700 billion is going to get you,'' said Anthony Davis, an analyst at Stifel Nicolaus & Co. Inc. Davis said of the 115 banks and savings and loans Stifel covers, less than a dozen have turned down TARP funding.
At least 46 banks and lenders have received preliminary approval to sell preferred stock and warrants to the government. At least 33 other companies have put in applications for another $11.4 billion, including three insurers that may acquire savings and loans in order to access the government cash. Publicly traded bankers had to apply for the Treasury funds by Nov. 14.
The U.S. Treasury said yesterday it had completed deals to provide $33.6 billion in new capital to 21 banks including U.S. Bancorp, Capital One Financial Corp., SunTrust Banks Inc. and KeyCorp. The government is giving closely held banks more time to apply, American Bankers Association spokesman John Hall said Nov. 14. The U.S. Treasury said yesterday Dec. 8 will be the deadline for private banks to apply for capital injections.
Insurers
Lincoln National Corp. and Aegon NV, owner of Transamerica Corp., may buy savings and loan companies in Indiana and Maryland whose methods were found to be ``unsafe and unsound'' by the Office of Thrift Supervision. Hartford is acquiring a Florida lender that was told by the OTS in May to curb lending. Genworth Financial Inc.'s target got a ``cease-and-desist'' order tied to potentially fraudulent loans.
The insurers' plans to buy lenders were disclosed on Nov. 14 by Bill Ruberry, a spokesman for the OTS. Lincoln, Hartford, and Genworth announced their intentions in statements. Aegon spokesman Greg Tucker said the insurer may buy a lender and has applied for Treasury funds.
TARP ``keeps morphing into something different,'' Davis said in an interview yesterday. ``It's ironic this thing was designed initially with a three-page document.''
Earlier this month, the Wall Street Journal reported that American Express would seek about $3.5 billion of TARP funding after transforming itself into a bank holding company Nov. 10. CIT Group Inc., the largest U.S. independent commercial lender, also applied to become a bank holding company and said it would apply for as much as $2.5 billion from the government.
``I've been doing this since the mid-80s, but I've never seen anything like this,'' Davis said.
To contact the reporter on this story: Linda Shen in New York at lshen21@bloomberg.net
Last Updated: November 18, 2008 00:00 EST
Amex, Hartford, Synovus Among Companies Bidding for TARP Funds
By Linda Shen
Nov. 18 (Bloomberg) -- American Express Co., Hartford Financial Services Group Inc. and Synovus Financial Corp. are among at least 79 companies applying for about $60 billion from the U.S. Troubled Asset Relief Program.
Banks, savings and loans, insurers and credit companies are all vying for a piece of the remaining $125 billion of Treasury Secretary Henry Paulson's program to recapitalize U.S. lenders and thaw the credit markets. The Treasury has already allocated $125 billion to the nine largest banks.
``Between the worsening economy and our growing largess, it seems like the question ought to be raised of how much $700 billion is going to get you,'' said Anthony Davis, an analyst at Stifel Nicolaus & Co. Inc. Davis said of the 115 banks and savings and loans Stifel covers, less than a dozen have turned down TARP funding.
At least 46 banks and lenders have received preliminary approval to sell preferred stock and warrants to the government. At least 33 other companies have put in applications for another $11.4 billion, including three insurers that may acquire savings and loans in order to access the government cash. Publicly traded bankers had to apply for the Treasury funds by Nov. 14.
The U.S. Treasury said yesterday it had completed deals to provide $33.6 billion in new capital to 21 banks including U.S. Bancorp, Capital One Financial Corp., SunTrust Banks Inc. and KeyCorp. The government is giving closely held banks more time to apply, American Bankers Association spokesman John Hall said Nov. 14. The U.S. Treasury said yesterday Dec. 8 will be the deadline for private banks to apply for capital injections.
Insurers
Lincoln National Corp. and Aegon NV, owner of Transamerica Corp., may buy savings and loan companies in Indiana and Maryland whose methods were found to be ``unsafe and unsound'' by the Office of Thrift Supervision. Hartford is acquiring a Florida lender that was told by the OTS in May to curb lending. Genworth Financial Inc.'s target got a ``cease-and-desist'' order tied to potentially fraudulent loans.
The insurers' plans to buy lenders were disclosed on Nov. 14 by Bill Ruberry, a spokesman for the OTS. Lincoln, Hartford, and Genworth announced their intentions in statements. Aegon spokesman Greg Tucker said the insurer may buy a lender and has applied for Treasury funds.
TARP ``keeps morphing into something different,'' Davis said in an interview yesterday. ``It's ironic this thing was designed initially with a three-page document.''
Earlier this month, the Wall Street Journal reported that American Express would seek about $3.5 billion of TARP funding after transforming itself into a bank holding company Nov. 10. CIT Group Inc., the largest U.S. independent commercial lender, also applied to become a bank holding company and said it would apply for as much as $2.5 billion from the government.
``I've been doing this since the mid-80s, but I've never seen anything like this,'' Davis said.
To contact the reporter on this story: Linda Shen in New York at lshen21@bloomberg.net
Last Updated: November 18, 2008 00:00 EST
Wo ist Paco, mein Freund...
Will er mir nicht gratulieren, sollte ich heute meine Stücke bekommen... auf die ich schon so lange warte...?
Lange kann es nimmer dauern...
Will er mir nicht gratulieren, sollte ich heute meine Stücke bekommen... auf die ich schon so lange warte...?
Lange kann es nimmer dauern...
Antwort auf Beitrag Nr.: 35.986.656 von zip2000 am 18.11.08 09:22:43Hi zip2000. Ich gratuliere dir, du dürftest deine Order jetzt erhalten haben. Jetzt sollte der Kurs wieder kräftig steigen. Hab nicht damit gerechnet das der Kurs zwar so sinkt, aber jetzt sollte es echt aufwärts gehen.Und an alle anderen (auch wenn es jetzt sehr wenige sind) hört auf die Aktien so billig zu verschleudern. Es kann jederzeit nach oben gehen, meine Meinung halten, die Aktie ist stark überverkauft, die 2 Dollar sehen wir dieses Jahr auf jeden Fall wieder!
Antwort auf Beitrag Nr.: 35.987.662 von Magic2008 am 18.11.08 10:41:04Nein, leider noch nicht...
Jetzt kann ich's eh sagen - Mein Marke war €0,94...
Vielleicht wird's um ~16:00 & 19:30 noch etwas...
Jetzt kann ich's eh sagen - Mein Marke war €0,94...
Vielleicht wird's um ~16:00 & 19:30 noch etwas...
Antwort auf Beitrag Nr.: 35.988.652 von zip2000 am 18.11.08 11:57:21Hi zippi mein Freund,
tut mir leid dass ich mich noch nicht gemeldet habe,da ich z.Zt. mächtigen Ärger habe,
wenn du Glück hast kriegste sie noch, das Umfeld schreit danach ja.......
Schönen Tag wünsch ich dir und allen anderen
Grüße
Paco
tut mir leid dass ich mich noch nicht gemeldet habe,da ich z.Zt. mächtigen Ärger habe,
wenn du Glück hast kriegste sie noch, das Umfeld schreit danach ja.......
Schönen Tag wünsch ich dir und allen anderen
Grüße
Paco
Antwort auf Beitrag Nr.: 35.988.927 von pacoraban am 18.11.08 12:17:11Hi!
Lass dich nicht ärgern...!
...und vorallem net stressen...!!
DANKE
Schönen Tag, dir auch...
Lass dich nicht ärgern...!
...und vorallem net stressen...!!
DANKE
Schönen Tag, dir auch...
Antwort auf Beitrag Nr.: 35.986.456 von marcanthony am 18.11.08 09:04:53Da wird Paulson ja zum Totengräber für deine heißgeliebten ABK - wie sollen die nun an den Schotter kommen? Vielleicht leihst du den mal n' 10er. Von Obama gibts bestensfalls einen Tritt.
Antwort auf Beitrag Nr.: 35.989.594 von zip2000 am 18.11.08 13:07:08Glückwunsch Meister Zipp
auf die 1,04
Antwort auf Beitrag Nr.: 35.991.959 von pacoraban am 18.11.08 16:10:07Danke...
Nur wenn in den nächsten Tagen nix steigt, hilft's auch wenig...
Nur wenn in den nächsten Tagen nix steigt, hilft's auch wenig...
Antwort auf Beitrag Nr.: 35.988.652 von zip2000 am 18.11.08 11:57:21Sogar die Uhrzeit passte...
ABK ist berechenbar...
ABK ist berechenbar...
Antwort auf Beitrag Nr.: 35.991.981 von pacoraban am 18.11.08 16:11:23Auch gut...
Bei $1,03 wird nachgelegt!
Bei $1,03 wird nachgelegt!
Angeschlagener Versicherer
AIG wird teilverstaatlichtDer einst weltgrößte Versicherungskonzern AIG hat den höchsten Quartalsverlust seiner Geschichte eingefahren. Jetzt bessert Washington beim Rettungspaket nach - und steigt direkt in den Konzern ein.
http://www.ftd.de/unternehmen/versicherungen/:Angeschlagener…
AIG wird teilverstaatlichtDer einst weltgrößte Versicherungskonzern AIG hat den höchsten Quartalsverlust seiner Geschichte eingefahren. Jetzt bessert Washington beim Rettungspaket nach - und steigt direkt in den Konzern ein.
http://www.ftd.de/unternehmen/versicherungen/:Angeschlagener…
Antwort auf Beitrag Nr.: 35.992.195 von zip2000 am 18.11.08 16:26:00Dein 1,03$ kriegst Du noch, wahrscheinlich <1$
Antwort auf Beitrag Nr.: 35.992.195 von zip2000 am 18.11.08 16:26:00Bei $1,03 wird nachgelegt!
mal nicht den zip an die Wand
$1,12
mal nicht den zip an die Wand
$1,12
Antwort auf Beitrag Nr.: 35.990.986 von SLCRacer2008 am 18.11.08 14:58:08oh my god
es ist mal wieder aus dem beate uhse shop raus um kommentare ohne substanz loszuwerden
es hat scheinbar keine andere beschäftigung, es langweilt sich und weiß nichts mit der zeit sinnvoll anzufangen und wie immer is es ahnungslos
es ist mal wieder aus dem beate uhse shop raus um kommentare ohne substanz loszuwerden
es hat scheinbar keine andere beschäftigung, es langweilt sich und weiß nichts mit der zeit sinnvoll anzufangen und wie immer is es ahnungslos
Today's Low $ 1.06
Heute hatte ich eigentlich noch nicht damit gerechnet...!
Paco, jetzt kannst du deinen EK wieder verbessern.
Heute hatte ich eigentlich noch nicht damit gerechnet...!
Paco, jetzt kannst du deinen EK wieder verbessern.
Antwort auf Beitrag Nr.: 35.992.668 von surga am 18.11.08 16:59:23...heute nicht... behaupte ich mal so...
könnte doch ein veritabler boden sein, wenn es denn hält...
http://chart4.onvista.de/h.html?ID_NOTATION=252999&TYPE=HIST…
http://chart4.onvista.de/h.html?ID_NOTATION=252999&TYPE=HIST…
Hmmm, wird hier der Dimmer langsam nach unten gedreht
Lohnt ein Einstieg?? Ich weiß es nicht.
Destryer
Lohnt ein Einstieg?? Ich weiß es nicht.
Destryer
Antwort auf Beitrag Nr.: 35.992.976 von marcanthony am 18.11.08 17:21:22es
gibt viele Möglichkeiten
wie es ein ES möglich ist, derartige Kommentare zu schreiben
ES staunt wohl nicht nur ES
gibt viele Möglichkeiten
wie es ein ES möglich ist, derartige Kommentare zu schreiben
ES staunt wohl nicht nur ES
nochmal
Hopp, bin mal eben rein. Mal sehen, wo`s hingeht. Enegr SL und alles wird gut.
Antwort auf Beitrag Nr.: 35.993.248 von kamikazeschneider am 18.11.08 17:40:45habe keine Ahnung von Charts
zwischen 4 und 6, ist das ein gap?
jeder blamiert sich so gut er kann
oder
der die was?
wer nicht fragt bleibt dumm?
zwischen 4 und 6, ist das ein gap?
jeder blamiert sich so gut er kann
oder
der die was?
wer nicht fragt bleibt dumm?
also ich bewundere euch ja hier derzeit neu einzusteigen...
zumindest ist derzeit heute abk am tief abgeprallt, aber ich denke schon noch dass wir ein neues tief sehen werden
good luck
zumindest ist derzeit heute abk am tief abgeprallt, aber ich denke schon noch dass wir ein neues tief sehen werden
good luck
Good Luck und Bewunderung für die, die heute eingestiegen sind.
Jetzt kann ja wieder hochsteigen
Jetzt kann ja wieder hochsteigen
moin Leute
hoffe es geht euch gut,werde in nächster Zeit nicht mehr soviel posten, gerade zu viele Baustellen
Schönen Abend euch noch
Grüße
Paco
hoffe es geht euch gut,werde in nächster Zeit nicht mehr soviel posten, gerade zu viele Baustellen
Schönen Abend euch noch
Grüße
Paco
Antwort auf Beitrag Nr.: 35.993.358 von Destroyers am 18.11.08 17:47:32Welcome...
Ich rechne eigentlich mit einem Boden.
Deswegen bin ich bei $1,19 wieder zusätzlich rein...
Dass es dann doch bis $1,06 runter geht, hätte ich natürlich gerne vorher gewusst...
Ich rechne eigentlich mit einem Boden.
Deswegen bin ich bei $1,19 wieder zusätzlich rein...
Dass es dann doch bis $1,06 runter geht, hätte ich natürlich gerne vorher gewusst...
Antwort auf Beitrag Nr.: 35.993.725 von pacoraban am 18.11.08 18:12:07...Baustellen...?
Welche Branche?
DANKE, ebenfalls!!
Cool bleiben...
Welche Branche?
DANKE, ebenfalls!!
Cool bleiben...
Antwort auf Beitrag Nr.: 35.993.864 von zip2000 am 18.11.08 18:22:12werbung und weiber
Antwort auf Beitrag Nr.: 35.993.802 von zip2000 am 18.11.08 18:18:26zu bald
habe gerade bei Fannie zu 0,52 USD verbilligt.
die sind weitschichtig verwandt
habe gerade bei Fannie zu 0,52 USD verbilligt.
die sind weitschichtig verwandt
Antwort auf Beitrag Nr.: 35.993.916 von frischling1000 am 18.11.08 18:26:19...könnte gut klappen!
Antwort auf Beitrag Nr.: 35.993.895 von pacoraban am 18.11.08 18:24:42Oje, oje...
Antwort auf Beitrag Nr.: 35.993.947 von zip2000 am 18.11.08 18:28:37schau´ mer mal -
muß jetzt leider wech - Gattin will essen gehen
muß jetzt leider wech - Gattin will essen gehen
Antwort auf Beitrag Nr.: 35.993.554 von marcanthony am 18.11.08 18:00:47Wollen wir nicht schon mal einen Termin für die Insolvenzparty ins Auge fassen? Ich würde auch gern die Schnittchen machen .....
Antwort auf Beitrag Nr.: 35.994.078 von SLCRacer2008 am 18.11.08 18:38:40..du kommst aufs Holz-Kreuz!! Mit dem Kopf nach unten...!
Antwort auf Beitrag Nr.: 35.993.957 von zip2000 am 18.11.08 18:29:37Im Juli, nach dem Tief 1,04$ ging der Kurs hoch bis 2,88.
Mal sehen, wohin ABK diesmal geht
Mal sehen, wohin ABK diesmal geht
Antwort auf Beitrag Nr.: 35.994.181 von surga am 18.11.08 18:47:04Deine Charttechniken kannst du dir sparen. Paulson hat den Geldsack zugemacht. Obama unterstützt eher die Automobilindustrie.
Wer jetzt noch kauft, macht sich zum Vollpfosten.
Lass uns lieber einen Termin zur Insolvenzparty ins Auge fassen, lernen wir uns alle kennen und ich mach uns die Schnittchen ....
Wer jetzt noch kauft, macht sich zum Vollpfosten.
Lass uns lieber einen Termin zur Insolvenzparty ins Auge fassen, lernen wir uns alle kennen und ich mach uns die Schnittchen ....
Antwort auf Beitrag Nr.: 35.994.181 von surga am 18.11.08 18:47:04Ich weiß... Bin ja seit Juni/Juli dabei...
Im Sept. waren wir über €8,-!!
Im Sept. waren wir über €8,-!!
Antwort auf Beitrag Nr.: 35.994.338 von SLCRacer2008 am 18.11.08 18:58:27BERKSHIRE HATH. gab fast 20% nach! Das sagt doch was aus...
"Investorenlegende Buffett rät zu Kauf von US-Aktien: 'Seid gierig!'"
Außerdem ist ABK nicht auf der schwarzen Liste von FalkenTelegramm...
"Investorenlegende Buffett rät zu Kauf von US-Aktien: 'Seid gierig!'"
Außerdem ist ABK nicht auf der schwarzen Liste von FalkenTelegramm...
Antwort auf Beitrag Nr.: 35.994.685 von zip2000 am 18.11.08 19:22:19Seid gierig schreiben die, die noch schnell verkaufen wollen. Buffett hat überdies selbst danebengegriffen. Alles viel zu teuer eingekauft.
Und der Falke hat sein Engagement in Ambac aufgelöst, weshalb er ihr auch keine Bedeutung mehr schenkt, gelle.
Und der Falke hat sein Engagement in Ambac aufgelöst, weshalb er ihr auch keine Bedeutung mehr schenkt, gelle.
Antwort auf Beitrag Nr.: 35.994.338 von SLCRacer2008 am 18.11.08 18:58:27na wenigstens etwas was ES kann...schnittchen machen
ist doch schon mal gut zu wissen dass ES überhaupt irgendeine fähigkeit hat...ausser testperson für beate uhse artikel
kann ja auch sein dass ES in der lage ist die q3 balance sheet zu lesen und dann wird ES feststellen dass abk nicht insolvent ist noch in die insolvenz gehen wird
also teste weiter deine beate uhse artikel mach schnittchen für deinen gatten und sei eine vernünftige hausfrau die sich aus qualifizierten sachen raushält
ist doch schon mal gut zu wissen dass ES überhaupt irgendeine fähigkeit hat...ausser testperson für beate uhse artikel
kann ja auch sein dass ES in der lage ist die q3 balance sheet zu lesen und dann wird ES feststellen dass abk nicht insolvent ist noch in die insolvenz gehen wird
also teste weiter deine beate uhse artikel mach schnittchen für deinen gatten und sei eine vernünftige hausfrau die sich aus qualifizierten sachen raushält
Antwort auf Beitrag Nr.: 35.994.378 von zip2000 am 18.11.08 19:00:48ja und da gab es ne hausfrau slc die panikartig ihre 80 abk aktien verkauft hat
Antwort auf Beitrag Nr.: 35.994.951 von marcanthony am 18.11.08 19:39:52
Antwort auf Beitrag Nr.: 35.994.907 von marcanthony am 18.11.08 19:37:13na wenigstens etwas was ES kann...schnittchen machen
na, die Schnittchen möcht ich sehen
oder
lieber nicht
na, die Schnittchen möcht ich sehen
oder
lieber nicht
moin marc moin Zipp
hier geht ja heute die post ab
insolvenz keine insolvenz slc in seinem element
vor allen Dingen wennder Kurs fällt,so wir stehen aktuell bei 1,09 supper
ich hatte gestern bzw heute mit rebound gerechnet deshalb gestern noch zugekauft jetzt amlimit mit abk nix nachkaufen randvoll das depot
aber mal relistisch marc du hast heute in den raum gestellt dass du noch keine ende siehst sprich die 1,04 unterbieten wir wo siehst du denn das ende der Fahnenstange,ich vertrat bis jetzt die nsicht 1,20 weit gefehlt heute gleich durchgereicht
würde mich mal interessieren wer an einen neuen bottom glaubt?
du nicht slc deine Meinung wissen wir bereits o $
deine marc zippi und von allen anderen gerne
hier geht ja heute die post ab
insolvenz keine insolvenz slc in seinem element
vor allen Dingen wennder Kurs fällt,so wir stehen aktuell bei 1,09 supper
ich hatte gestern bzw heute mit rebound gerechnet deshalb gestern noch zugekauft jetzt amlimit mit abk nix nachkaufen randvoll das depot
aber mal relistisch marc du hast heute in den raum gestellt dass du noch keine ende siehst sprich die 1,04 unterbieten wir wo siehst du denn das ende der Fahnenstange,ich vertrat bis jetzt die nsicht 1,20 weit gefehlt heute gleich durchgereicht
würde mich mal interessieren wer an einen neuen bottom glaubt?
du nicht slc deine Meinung wissen wir bereits o $
deine marc zippi und von allen anderen gerne
Antwort auf Beitrag Nr.: 35.994.951 von marcanthony am 18.11.08 19:39:52ja und da gab es ne hausfrau slc die panikartig ihre 80 abk aktien verkauft hat
vielleicht gefiel Herrn ES nicht die Entertaste
ist ja schließlich nicht wie bei Beate Uhse
http://www.apothekerbertl.de/assets/images/klick_me_Enter.gi…
vielleicht gefiel Herrn ES nicht die Entertaste
ist ja schließlich nicht wie bei Beate Uhse
http://www.apothekerbertl.de/assets/images/klick_me_Enter.gi…
also wenn die 1,04$ (wovon ich ausgehe) ist der neue bottom bei 0,75$ und dann ist es ein eindeutiges Kaufsignal
aber es wird ohne NEWS keinen rebound auf 2$ oder 3$ geben
aber es wird ohne NEWS keinen rebound auf 2$ oder 3$ geben
hält sich trotz deutlich gefallenem dow doch ganz tapfer...
ich glaube, die unterstützung bei $1,05-1,10 wird halten...
ich glaube, die unterstützung bei $1,05-1,10 wird halten...
schaut euch hierzu im vergleich die mbia an
die hatten eine extrem harte unterstützung bei 5$ und die ist gefallen
die hatten eine extrem harte unterstützung bei 5$ und die ist gefallen
Antwort auf Beitrag Nr.: 35.995.286 von pacoraban am 18.11.08 20:02:33"...deine marc zippi und von allen anderen gerne..."
Ich enthalte mich meiner Stimme...
Ich enthalte mich meiner Stimme...
also, wenn ihr mich fragen würdet, würde ich sagen, morgen geht es zumindest zweistellig up...
volumen klein, ev. boden erreicht...
und selbst wenn der laden abgewickelt wird, könnte ich mir vorstellen, das pro share vielleicht deutlich mehr als 1 euro rumkommt...
kann aber alles blödsinn sein, wisst ihr ja...
volumen klein, ev. boden erreicht...
und selbst wenn der laden abgewickelt wird, könnte ich mir vorstellen, das pro share vielleicht deutlich mehr als 1 euro rumkommt...
kann aber alles blödsinn sein, wisst ihr ja...
Antwort auf Beitrag Nr.: 35.995.507 von zip2000 am 18.11.08 20:18:39...bis jetzt.
Ich denke, wir schließen heute noch über $1,10!
Ich denke, wir schließen heute noch über $1,10!
MBI macht auch kein guter Figur
.
Tuesday, November 18, 2008
Hedge Fund Tracking: Bill Ackman's Pershing Square - 13F Filing 3rd Quarter 2008
(Note: Before reading this update, make sure you check out the preface to the series we're doing on Hedge Fund 13F's here).
This is the 3rd Quarter 2008 edition of our ongoing hedge fund tracking series. We'll be bringing you the long equity portfolios of numerous prominent hedge funds. Hedge funds we track here at MarketFolly.com include: Tudor Investment Corp, Maverick Capital, Greenlight Capital, Blue Ridge Capital, Moore Capital Management, Lone Pine Capital, and literally many, many more. We're aiming to cover 35 or so prominent funds this time around and we'll be releasing the 13f analysis of each individual fund here in the coming weeks. We've already covered Whitney Tilson's T2 Partners and Peter Thiel's Clarium Capital.
Next up we have Pershing Square Capital Management. If you're unfamiliar with them, Bill Ackman runs Pershing Square Capital, a well known value/activist based hedge fund. The fund started in 2003 after Gotham Partners broke up. The past few years, he has had notable short positions in the bond insurers such as MBIA (MBI) and Ambac (ABK). Some of his activist positions include Target (TGT) and Borders (BGP). Simply put, Ackman is a smart man. Recently, he detailed his plans for Target to spin-off its real-estate to unlock value. We'll see if this proposal picks up any steam. We recently noted Pershing Square's portfolio performance, which was included in our September hedge fund performance update. Additionally, we've updated the performance of various hedge funds in October. Also, we wrote about Mr. Ackman's recent speech at the Value Investing Congress. Furthermore, you can view Pershing Square's most recent investor letter here. Lastly, Ackman recently sat down with Charlie Rose for an interview.
So, now that we've got a background on Ackman and Pershing, let's take a quick look at his portfolio highlights. Keep in mind that this is merely a brief summary of Pershing's top holdings. Due to the time sensitive nature of the 13F material, we wanted to get this information posted as soon as possible. The following were Pershing's holdings as of September 30th, 2008 as filed with the SEC.
New Positions (Brand new positions that Pershing initiated in the last quarter):
American International Group (AIG)
American International Group (AIG) Calls
Mastercard (MA)
Visa (V)
Wachovia Bank (WB)
Removed Positions (Positions Pershing sold out of completely last quarter):
MBIA (MBI) Puts
Cadbury (CBY)
Notable Position Changes
- Sold 92.5% of their Sears Holdings (SHLD) Position
Pershing Square's Entire Portfolio (based on % of portfolio):
Target (TGT): 24.7% of portfolio
EMC Corp (EMC): 18% of portfolio
Dr. Pepper Snapple (DPS): 15% of portfolio
Wachovia (WB): 8.7% of portfolio
Wendy's/Arby's (WEN): 7.5% of portfolio
Long's Drugstores (LDG): 6.1% of portfolio
Barnes & Noble (BKS): 4.4% of portfolio
Visa (V): 4.2% of portfolio
American International Group (AIG): 2.8% of portfolio
Mastercard (MA): 2.6% of portfolio
Target (TGT) Calls: 2.5% of portfolio
Borders (BGP): 1.8% of portfolio
Sears Holdings (SHLD): 1.2% of portfolio
Greenlight Capital RE (GLRE): 0.1% of portfolio
American International Group (AIG) Calls
Keep in mind that we have not detailed every tiny maneuver they have made with their portfolio. In some of their holdings they added shares, others they sold some shares, and some of their positions were left unchanged from last quarter. We are essentially capturing the major moves Pershing has made over the past quarter with regards to their portfolio.
This is the third hedge fund we've covered in our 3rd quarter 2008 edition of our hedge fund tracking series in which we're tracking 35+ prominent funds. We've already covered Whitney Tilson's T2 Partners and Peter Thiel's Clarium Capital. Stay tuned this week and next week as we detail the portfolio holdings of more funds. Overall, its been one of the worst years ever for hedge funds, as we noted in our recent October hedge fund performance update. Thus, the recent moves they've made in their portfolios become all the more interesting given the way the market has played out. Here are some funds to look forward to that we will be tracking: David Einhorn's Greenlight Capital, Lee Ainslie's Maverick Capital, Paul Tudor Jones' Tudor Investment Corp, Louis Bacon's Moore Capital Management, and many, many more.
More on Pershing Square and Bill Ackman:
- Pershing Square's 3rd qtr '08 investor letter
- Bill Ackman's recent interview with Charlie Rose
- Pershing Square's Bill Ackman speaks at Value Investing Congress
- Recent update on Pershing Square
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More on this topic (What's this?)
Hedgies Still Blowing Up the Markets, Oh My! (naked capitalism, 11/7/08)
Is the Switch of the TARP Away From Troubled Assets Going to Create More Hedge Fund Forced Sales? (naked capitalism, 11/12/08)
Even Hedge Funds Doing Well are Facing Redemptions (Fund my Mutual Fund, 11/6/08)
Read more on The Impact of Hedge Funds at Wikinvest
Posted by market folly at 8:01 AM
Labels: 13f, bill ackman, hedge fund, hedge fund tracking, pershing square
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nice job on this blog. really like how it looks and the great content. do you know what the minimum investment for pershing square is? not that i could invest, but just curious. for some reason, can't find it online. target seems like a pretty decent buy from an asset perspective, but return on equity, earnings yield, etc. are not that amazing. pershing has done a heck of a job though.
reply edit reblog flag
/people/13f9207a2447a2cc155a139795c7a63d/ Hedge Fund Tracking: Bill Ackman's Pershing Square - 13F Filing 3rd Quarter 2008
(Note: Before reading this update, make sure you check out the preface to the series we're doing on Hedge Fund 13F's here).
This is the 3rd Quarter 2008 edition of our ongoing hedge fund tracking series. We'll be bringing you the long equity portfolios of numerous prominent hedge funds. Hedge funds we track here at MarketFolly.com include: Tudor Investment Corp, Maverick Capital, Greenlight Capital, Blue Ridge Capital, Moore Capital Management, Lone Pine Capital, and literally many, many more. We're aiming to cover 35 or so prominent funds this time around and we'll be releasing the 13f analysis of each individual fund here in the coming weeks. We've already covered Whitney Tilson's T2 Partners and Peter Thiel's Clarium Capital.
Next up we have Pershing Square Capital Management. If you're unfamiliar with them, Bill Ackman runs Pershing Square Capital, a well known value/activist based hedge fund. The fund started in 2003 after Gotham Partners broke up. The past few years, he has had notable short positions in the bond insurers such as MBIA (MBI) and Ambac (ABK). Some of his activist positions include Target (TGT) and Borders (BGP). Simply put, Ackman is a smart man. Recently, he detailed his plans for Target to spin-off its real-estate to unlock value. We'll see if this proposal picks up any steam. We recently noted Pershing Square's portfolio performance, which was included in our September hedge fund performance update. Additionally, we've updated the performance of various hedge funds in October. Also, we wrote about Mr. Ackman's recent speech at the Value Investing Congress. Furthermore, you can view Pershing Square's most recent investor letter here. Lastly, Ackman recently sat down with Charlie Rose for an interview.
So, now that we've got a background on Ackman and Pershing, let's take a quick look at his portfolio highlights. Keep in mind that this is merely a brief summary of Pershing's top holdings. Due to the time sensitive nature of the 13F material, we wanted to get this information posted as soon as possible. The following were Pershing's holdings as of September 30th, 2008 as filed with the SEC.
New Positions (Brand new positions that Pershing initiated in the last quarter):
American International Group (AIG)
American International Group (AIG) Calls
Mastercard (MA)
Visa (V)
Wachovia Bank (WB)
Removed Positions (Positions Pershing sold out of completely last quarter):
MBIA (MBI) Puts
Cadbury (CBY)
Notable Position Changes
- Sold 92.5% of their Sears Holdings (SHLD) Position
Pershing Square's Entire Portfolio (based on % of portfolio):
Target (TGT): 24.7% of portfolio
EMC Corp (EMC): 18% of portfolio
Dr. Pepper Snapple (DPS): 15% of portfolio
Wachovia (WB): 8.7% of portfolio
Wendy's/Arby's (WEN): 7.5% of portfolio
Long's Drugstores (LDG): 6.1% of portfolio
Barnes & Noble (BKS): 4.4% of portfolio
Visa (V): 4.2% of portfolio
American International Group (AIG): 2.8% of portfolio
Mastercard (MA): 2.6% of portfolio
Target (TGT) Calls: 2.5% of portfolio
Borders (BGP): 1.8% of portfolio
Sears Holdings (SHLD): 1.2% of portfolio
Greenlight Capital RE (GLRE): 0.1% of portfolio
American International Group (AIG) Calls
Keep in mind that we have not detailed every tiny maneuver they have made with their portfolio. In some of their holdings they added shares, others they sold some shares, and some of their positions were left unchanged from last quarter. We are essentially capturing the major moves Pershing has made over the past quarter with regards to their portfolio.
This is the third hedge fund we've covered in our 3rd quarter 2008 edition of our hedge fund tracking series in which we're tracking 35+ prominent funds. We've already covered Whitney Tilson's T2 Partners and Peter Thiel's Clarium Capital. Stay tuned this week and next week as we detail the portfolio holdings of more funds. Overall, its been one of the worst years ever for hedge funds, as we noted in our recent October hedge fund performance update. Thus, the recent moves they've made in their portfolios become all the more interesting given the way the market has played out. Here are some funds to look forward to that we will be tracking: David Einhorn's Greenlight Capital, Lee Ainslie's Maverick Capital, Paul Tudor Jones' Tudor Investment Corp, Louis Bacon's Moore Capital Management, and many, many more.
More on Pershing Square and Bill Ackman:
- Pershing Square's 3rd qtr '08 investor letter
- Bill Ackman's recent interview with Charlie Rose
- Pershing Square's Bill Ackman speaks at Value Investing Congress
- Recent update on Pershing Square
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selling some $SRS here. topped out around $200 last go-round 10 minutes ago
$HPQ impressive given the economic environment. not enough to make me get long though about 4 hours ago
today's hedge fund tracking series: bill ackman's pershing http://is.gd/7Y9A about 6 hours ago
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Pershing Square's Bill Ackman at Value Investing C...
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Alternative Energy & Energy Independence: Obama Ve...
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Tuesday, November 18, 2008
Hedge Fund Tracking: Bill Ackman's Pershing Square - 13F Filing 3rd Quarter 2008
(Note: Before reading this update, make sure you check out the preface to the series we're doing on Hedge Fund 13F's here).
This is the 3rd Quarter 2008 edition of our ongoing hedge fund tracking series. We'll be bringing you the long equity portfolios of numerous prominent hedge funds. Hedge funds we track here at MarketFolly.com include: Tudor Investment Corp, Maverick Capital, Greenlight Capital, Blue Ridge Capital, Moore Capital Management, Lone Pine Capital, and literally many, many more. We're aiming to cover 35 or so prominent funds this time around and we'll be releasing the 13f analysis of each individual fund here in the coming weeks. We've already covered Whitney Tilson's T2 Partners and Peter Thiel's Clarium Capital.
Next up we have Pershing Square Capital Management. If you're unfamiliar with them, Bill Ackman runs Pershing Square Capital, a well known value/activist based hedge fund. The fund started in 2003 after Gotham Partners broke up. The past few years, he has had notable short positions in the bond insurers such as MBIA (MBI) and Ambac (ABK). Some of his activist positions include Target (TGT) and Borders (BGP). Simply put, Ackman is a smart man. Recently, he detailed his plans for Target to spin-off its real-estate to unlock value. We'll see if this proposal picks up any steam. We recently noted Pershing Square's portfolio performance, which was included in our September hedge fund performance update. Additionally, we've updated the performance of various hedge funds in October. Also, we wrote about Mr. Ackman's recent speech at the Value Investing Congress. Furthermore, you can view Pershing Square's most recent investor letter here. Lastly, Ackman recently sat down with Charlie Rose for an interview.
So, now that we've got a background on Ackman and Pershing, let's take a quick look at his portfolio highlights. Keep in mind that this is merely a brief summary of Pershing's top holdings. Due to the time sensitive nature of the 13F material, we wanted to get this information posted as soon as possible. The following were Pershing's holdings as of September 30th, 2008 as filed with the SEC.
New Positions (Brand new positions that Pershing initiated in the last quarter):
American International Group (AIG)
American International Group (AIG) Calls
Mastercard (MA)
Visa (V)
Wachovia Bank (WB)
Removed Positions (Positions Pershing sold out of completely last quarter):
MBIA (MBI) Puts
Cadbury (CBY)
Notable Position Changes
- Sold 92.5% of their Sears Holdings (SHLD) Position
Pershing Square's Entire Portfolio (based on % of portfolio):
Target (TGT): 24.7% of portfolio
EMC Corp (EMC): 18% of portfolio
Dr. Pepper Snapple (DPS): 15% of portfolio
Wachovia (WB): 8.7% of portfolio
Wendy's/Arby's (WEN): 7.5% of portfolio
Long's Drugstores (LDG): 6.1% of portfolio
Barnes & Noble (BKS): 4.4% of portfolio
Visa (V): 4.2% of portfolio
American International Group (AIG): 2.8% of portfolio
Mastercard (MA): 2.6% of portfolio
Target (TGT) Calls: 2.5% of portfolio
Borders (BGP): 1.8% of portfolio
Sears Holdings (SHLD): 1.2% of portfolio
Greenlight Capital RE (GLRE): 0.1% of portfolio
American International Group (AIG) Calls
Keep in mind that we have not detailed every tiny maneuver they have made with their portfolio. In some of their holdings they added shares, others they sold some shares, and some of their positions were left unchanged from last quarter. We are essentially capturing the major moves Pershing has made over the past quarter with regards to their portfolio.
This is the third hedge fund we've covered in our 3rd quarter 2008 edition of our hedge fund tracking series in which we're tracking 35+ prominent funds. We've already covered Whitney Tilson's T2 Partners and Peter Thiel's Clarium Capital. Stay tuned this week and next week as we detail the portfolio holdings of more funds. Overall, its been one of the worst years ever for hedge funds, as we noted in our recent October hedge fund performance update. Thus, the recent moves they've made in their portfolios become all the more interesting given the way the market has played out. Here are some funds to look forward to that we will be tracking: David Einhorn's Greenlight Capital, Lee Ainslie's Maverick Capital, Paul Tudor Jones' Tudor Investment Corp, Louis Bacon's Moore Capital Management, and many, many more.
More on Pershing Square and Bill Ackman:
- Pershing Square's 3rd qtr '08 investor letter
- Bill Ackman's recent interview with Charlie Rose
- Pershing Square's Bill Ackman speaks at Value Investing Congress
- Recent update on Pershing Square
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Hedgies Still Blowing Up the Markets, Oh My! (naked capitalism, 11/7/08)
Is the Switch of the TARP Away From Troubled Assets Going to Create More Hedge Fund Forced Sales? (naked capitalism, 11/12/08)
Even Hedge Funds Doing Well are Facing Redemptions (Fund my Mutual Fund, 11/6/08)
Read more on The Impact of Hedge Funds at Wikinvest
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nice job on this blog. really like how it looks and the great content. do you know what the minimum investment for pershing square is? not that i could invest, but just curious. for some reason, can't find it online. target seems like a pretty decent buy from an asset perspective, but return on equity, earnings yield, etc. are not that amazing. pershing has done a heck of a job though.
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/people/13f9207a2447a2cc155a139795c7a63d/ Hedge Fund Tracking: Bill Ackman's Pershing Square - 13F Filing 3rd Quarter 2008
(Note: Before reading this update, make sure you check out the preface to the series we're doing on Hedge Fund 13F's here).
This is the 3rd Quarter 2008 edition of our ongoing hedge fund tracking series. We'll be bringing you the long equity portfolios of numerous prominent hedge funds. Hedge funds we track here at MarketFolly.com include: Tudor Investment Corp, Maverick Capital, Greenlight Capital, Blue Ridge Capital, Moore Capital Management, Lone Pine Capital, and literally many, many more. We're aiming to cover 35 or so prominent funds this time around and we'll be releasing the 13f analysis of each individual fund here in the coming weeks. We've already covered Whitney Tilson's T2 Partners and Peter Thiel's Clarium Capital.
Next up we have Pershing Square Capital Management. If you're unfamiliar with them, Bill Ackman runs Pershing Square Capital, a well known value/activist based hedge fund. The fund started in 2003 after Gotham Partners broke up. The past few years, he has had notable short positions in the bond insurers such as MBIA (MBI) and Ambac (ABK). Some of his activist positions include Target (TGT) and Borders (BGP). Simply put, Ackman is a smart man. Recently, he detailed his plans for Target to spin-off its real-estate to unlock value. We'll see if this proposal picks up any steam. We recently noted Pershing Square's portfolio performance, which was included in our September hedge fund performance update. Additionally, we've updated the performance of various hedge funds in October. Also, we wrote about Mr. Ackman's recent speech at the Value Investing Congress. Furthermore, you can view Pershing Square's most recent investor letter here. Lastly, Ackman recently sat down with Charlie Rose for an interview.
So, now that we've got a background on Ackman and Pershing, let's take a quick look at his portfolio highlights. Keep in mind that this is merely a brief summary of Pershing's top holdings. Due to the time sensitive nature of the 13F material, we wanted to get this information posted as soon as possible. The following were Pershing's holdings as of September 30th, 2008 as filed with the SEC.
New Positions (Brand new positions that Pershing initiated in the last quarter):
American International Group (AIG)
American International Group (AIG) Calls
Mastercard (MA)
Visa (V)
Wachovia Bank (WB)
Removed Positions (Positions Pershing sold out of completely last quarter):
MBIA (MBI) Puts
Cadbury (CBY)
Notable Position Changes
- Sold 92.5% of their Sears Holdings (SHLD) Position
Pershing Square's Entire Portfolio (based on % of portfolio):
Target (TGT): 24.7% of portfolio
EMC Corp (EMC): 18% of portfolio
Dr. Pepper Snapple (DPS): 15% of portfolio
Wachovia (WB): 8.7% of portfolio
Wendy's/Arby's (WEN): 7.5% of portfolio
Long's Drugstores (LDG): 6.1% of portfolio
Barnes & Noble (BKS): 4.4% of portfolio
Visa (V): 4.2% of portfolio
American International Group (AIG): 2.8% of portfolio
Mastercard (MA): 2.6% of portfolio
Target (TGT) Calls: 2.5% of portfolio
Borders (BGP): 1.8% of portfolio
Sears Holdings (SHLD): 1.2% of portfolio
Greenlight Capital RE (GLRE): 0.1% of portfolio
American International Group (AIG) Calls
Keep in mind that we have not detailed every tiny maneuver they have made with their portfolio. In some of their holdings they added shares, others they sold some shares, and some of their positions were left unchanged from last quarter. We are essentially capturing the major moves Pershing has made over the past quarter with regards to their portfolio.
This is the third hedge fund we've covered in our 3rd quarter 2008 edition of our hedge fund tracking series in which we're tracking 35+ prominent funds. We've already covered Whitney Tilson's T2 Partners and Peter Thiel's Clarium Capital. Stay tuned this week and next week as we detail the portfolio holdings of more funds. Overall, its been one of the worst years ever for hedge funds, as we noted in our recent October hedge fund performance update. Thus, the recent moves they've made in their portfolios become all the more interesting given the way the market has played out. Here are some funds to look forward to that we will be tracking: David Einhorn's Greenlight Capital, Lee Ainslie's Maverick Capital, Paul Tudor Jones' Tudor Investment Corp, Louis Bacon's Moore Capital Management, and many, many more.
More on Pershing Square and Bill Ackman:
- Pershing Square's 3rd qtr '08 investor letter
- Bill Ackman's recent interview with Charlie Rose
- Pershing Square's Bill Ackman speaks at Value Investing Congress
- Recent update on Pershing Square
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selling some $SRS here. topped out around $200 last go-round 10 minutes ago
$HPQ impressive given the economic environment. not enough to make me get long though about 4 hours ago
today's hedge fund tracking series: bill ackman's pershing http://is.gd/7Y9A about 6 hours ago
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Antwort auf Beitrag Nr.: 35.996.227 von stavro am 18.11.08 21:12:48@stavro
ich hoffe du hast dir den artikel vorher durchgelesen, ich erkenne keinen sinn diesen hier einzustellen ausser das pershing beide abk und mbia geshortet hatte
ich hoffe du hast dir den artikel vorher durchgelesen, ich erkenne keinen sinn diesen hier einzustellen ausser das pershing beide abk und mbia geshortet hatte
Antwort auf Beitrag Nr.: 35.995.385 von kamikazeschneider am 18.11.08 20:09:37
nur Ambac kommt nicht in die Gänge
nur Ambac kommt nicht in die Gänge
Antwort auf Beitrag Nr.: 35.996.660 von lgdfli am 18.11.08 21:47:49ja, ein bißchen enttäuschend...
bin aber trotzdem kurzfristig bullish.
bin aber trotzdem kurzfristig bullish.
Antwort auf Beitrag Nr.: 35.995.996 von zip2000 am 18.11.08 20:55:32NB NASDAQ Last Sale 1.20 -0.04 -3.23%
Diskussion aus dem Forum
http://finance.google.com/group/google.finance.655604/browse…
Is this what you are referring to?
"Paulson said the Treasury is also looking at ways to help insurance
companies.
``We're in the process of developing a program there,'' he said.
Still, he reiterated that the Treasury will not roll out another
program while it is still working through the bank stakes. ``It is
premature to be starting another capital program,'' he said.
http://www.bloomberg.com/apps/news?pid=20601087&sid=ask7NL3C…
http://finance.google.com/group/google.finance.655604/browse…
Is this what you are referring to?
"Paulson said the Treasury is also looking at ways to help insurance
companies.
``We're in the process of developing a program there,'' he said.
Still, he reiterated that the Treasury will not roll out another
program while it is still working through the bank stakes. ``It is
premature to be starting another capital program,'' he said.
http://www.bloomberg.com/apps/news?pid=20601087&sid=ask7NL3C…
moin moin hier maleininteressanter Text:
Interesting and hopeful ABK analysis by one "dee" from Google ABK message board:
http://finance.google.com/group/google.f...
"I hear you, but what you are saying doesn't hold water for two reasons.
1) The low volume means that there is a large disconnect between what sellers what to sell at and buyers are willing to pay period. This means that there are not as many people willing to part with their ABK shares at this level. That is why the volume has tailed off. I don't know how much you trade, (not knocking you), but when volume spikes in
any direction it is market sentiment. I was in many financial stocks prior to the big melt down and many I was out just prior to the explosion and some after the melt down. But if you are charting volume you would notice enormous volume in ALL Financial stocks that
eventually went bankrupt, got bought out, or got taken over by the Fed. This happen for 2 reasons:
A) The institutional owners were selling everything dumping on the market with market makers. You just have to look at the lot sizes being traded as a clue of what type of investor is selling or buying. This is very important, as if we have large lot sizes being put on for sale then we have a problem as even the institutional investors are
not liking the future outlook.
B) The low volume also, means that that there is uncertainty in the direction of the company’s outlook. This is because of the Fed’s intent to change the intent of the TARP funds. We know that the Dem will have their own monetary policies that they want to put forth based upon their philosophy. That is the second reason why the volume is weak and lower than the 3 month avg volume.
So with volume tailing off like it has means that the market
disconnects is too great based upon current market conditions and on current company outlook. There are too many uncertainties on both buyers and sellers.
i) The buyers believe that ABK may be becoming insolvent and major financial trouble.
ii) The sellers feel that the market conditions are inequitable thus they are unwilling to sell at the current price. Who is right... Well I am leaning towards the sellers that the share value is largely undervalued and unwilling to sell. Why I believe this... Their balance sheet tells me this, it’s pretty cut and dry. Premiums where paid for an avg of 9 years and as high as 17 years. This is why the institutions haven’t been racing to the exit. Because they think over years not months, not weeks, or days, it is
largely accepted that by the end of 2010 the Sub-prime mortgages will be full divested in the system and the height of the sub-prime boom was in 2006 & 2007. Only time will unwind the CDOs & MBS and the crest has been argued and debated, but IMO the crest is happening now and the data is slowly creeping out. The lag time will be 6 months IMO so the first quarter in 2009 will show decreasing losses and
second quarter in 2009 will show that 22-30% foreclosure rate just didn’t happen for the sample group the size of the USA, because the conditions are not there to facilitate that type of losses. There are pockets identified, Cali, Arz, Fl, etc. But the Ohio, Iowa, Washington, Kentucky, and the lot just didn’t have the speculative buying of homes and don’t have those types of gains during the boom nor do they have the losses associated with the bust. To begin
looking at your local real estate boards’ avg housing prices and number of homes for sale over multiple years and you will see the same thing. Sure you will have home prices would have come down, but it is still relative to your own community.
schönen Morgen
Grüße
Paco
Interesting and hopeful ABK analysis by one "dee" from Google ABK message board:
http://finance.google.com/group/google.f...
"I hear you, but what you are saying doesn't hold water for two reasons.
1) The low volume means that there is a large disconnect between what sellers what to sell at and buyers are willing to pay period. This means that there are not as many people willing to part with their ABK shares at this level. That is why the volume has tailed off. I don't know how much you trade, (not knocking you), but when volume spikes in
any direction it is market sentiment. I was in many financial stocks prior to the big melt down and many I was out just prior to the explosion and some after the melt down. But if you are charting volume you would notice enormous volume in ALL Financial stocks that
eventually went bankrupt, got bought out, or got taken over by the Fed. This happen for 2 reasons:
A) The institutional owners were selling everything dumping on the market with market makers. You just have to look at the lot sizes being traded as a clue of what type of investor is selling or buying. This is very important, as if we have large lot sizes being put on for sale then we have a problem as even the institutional investors are
not liking the future outlook.
B) The low volume also, means that that there is uncertainty in the direction of the company’s outlook. This is because of the Fed’s intent to change the intent of the TARP funds. We know that the Dem will have their own monetary policies that they want to put forth based upon their philosophy. That is the second reason why the volume is weak and lower than the 3 month avg volume.
So with volume tailing off like it has means that the market
disconnects is too great based upon current market conditions and on current company outlook. There are too many uncertainties on both buyers and sellers.
i) The buyers believe that ABK may be becoming insolvent and major financial trouble.
ii) The sellers feel that the market conditions are inequitable thus they are unwilling to sell at the current price. Who is right... Well I am leaning towards the sellers that the share value is largely undervalued and unwilling to sell. Why I believe this... Their balance sheet tells me this, it’s pretty cut and dry. Premiums where paid for an avg of 9 years and as high as 17 years. This is why the institutions haven’t been racing to the exit. Because they think over years not months, not weeks, or days, it is
largely accepted that by the end of 2010 the Sub-prime mortgages will be full divested in the system and the height of the sub-prime boom was in 2006 & 2007. Only time will unwind the CDOs & MBS and the crest has been argued and debated, but IMO the crest is happening now and the data is slowly creeping out. The lag time will be 6 months IMO so the first quarter in 2009 will show decreasing losses and
second quarter in 2009 will show that 22-30% foreclosure rate just didn’t happen for the sample group the size of the USA, because the conditions are not there to facilitate that type of losses. There are pockets identified, Cali, Arz, Fl, etc. But the Ohio, Iowa, Washington, Kentucky, and the lot just didn’t have the speculative buying of homes and don’t have those types of gains during the boom nor do they have the losses associated with the bust. To begin
looking at your local real estate boards’ avg housing prices and number of homes for sale over multiple years and you will see the same thing. Sure you will have home prices would have come down, but it is still relative to your own community.
schönen Morgen
Grüße
Paco
Everyone needs to understand what ABK is actually on the hook for with all the latest talk of CDS's flying around.
I'll go back to my earlier house analogy. Me and my nine neighbors' mortgages are in an RBMS which got bundled into a CDO. We're all a bunch of swell people, we were conforming prime mortgages and our CDO is of the highest tranche. ABK wrote an insurance policy to the holder of the CDO, insuring proper payout of select tranches, such as the one our CDO occupies. If our CDO defaults, ABK is on the hook for the default, as the insurer.
The price of the insurance is linked to the insurer's creditworthiness and the quality of the CDO. We all already know RA's were rating these instruments AAA because premium inflows were certain to cover payouts in the lower tranches. With ABK in turn rated AAA the coverage had a certain revenue impact for us, and at the same time the liability we were covering demanded a certain level of capital reserve. As the credit ratings slip, our capital reserve requirements increase (statutory requirements). This is where we are now.
The question that sean probes most effectively is the quality of the underlying assets that ABK insures i.e. the likelihood of default and requirement of payout by ABK. This is where the overall claims paying ability of $14B is important. Someone said today if ABK paid out all policies right now, they'd still have a billion left over. I don't know if that's true or not, I'm sure sean does.
The CDS's are an entirely different matter. These are mini insurance policies (in $10M increments!) against ABK being unable to satisfy claims (default). As long as ABK has sufficient claims paying resources, those CDS's aren't paying.
On one side you've got capital requirements that are statutory. The entire enterprise has a fixed supply of capital which it has kindly been allowed to shift around as needed, but the lower the credit ratings go, the more of that capital is tied up as reserves.
On the other side you've got the raw claims paying ability (the $14B). But of that $14B a large amount is tied up to maintain the regulatory capital requirements. If you reach the point where claim liabilities overwhelm available capital and force ABK to dip below the regulatory required levels, it's game over.
Therefore, writer of the CDS prays like hell ABK is OK, holder of the CDS is praying for disaster. At the moment holder is healthier (relatively speaking) than seller and can afford to mount all kinds of little tricks to keep events moving their way.
ABK itself has no exposure on a CDS written between two counterparties of which ABK is neither. Let them all burn down, it'll be painful but we'll be stronger in the long run.
This is just a simple-stupid explanation. If I type it out and try to explain it, it helps me understand better. seanfar is the authority on this subject, pay close attention to what he has to say.
Hope this helps...
I'll go back to my earlier house analogy. Me and my nine neighbors' mortgages are in an RBMS which got bundled into a CDO. We're all a bunch of swell people, we were conforming prime mortgages and our CDO is of the highest tranche. ABK wrote an insurance policy to the holder of the CDO, insuring proper payout of select tranches, such as the one our CDO occupies. If our CDO defaults, ABK is on the hook for the default, as the insurer.
The price of the insurance is linked to the insurer's creditworthiness and the quality of the CDO. We all already know RA's were rating these instruments AAA because premium inflows were certain to cover payouts in the lower tranches. With ABK in turn rated AAA the coverage had a certain revenue impact for us, and at the same time the liability we were covering demanded a certain level of capital reserve. As the credit ratings slip, our capital reserve requirements increase (statutory requirements). This is where we are now.
The question that sean probes most effectively is the quality of the underlying assets that ABK insures i.e. the likelihood of default and requirement of payout by ABK. This is where the overall claims paying ability of $14B is important. Someone said today if ABK paid out all policies right now, they'd still have a billion left over. I don't know if that's true or not, I'm sure sean does.
The CDS's are an entirely different matter. These are mini insurance policies (in $10M increments!) against ABK being unable to satisfy claims (default). As long as ABK has sufficient claims paying resources, those CDS's aren't paying.
On one side you've got capital requirements that are statutory. The entire enterprise has a fixed supply of capital which it has kindly been allowed to shift around as needed, but the lower the credit ratings go, the more of that capital is tied up as reserves.
On the other side you've got the raw claims paying ability (the $14B). But of that $14B a large amount is tied up to maintain the regulatory capital requirements. If you reach the point where claim liabilities overwhelm available capital and force ABK to dip below the regulatory required levels, it's game over.
Therefore, writer of the CDS prays like hell ABK is OK, holder of the CDS is praying for disaster. At the moment holder is healthier (relatively speaking) than seller and can afford to mount all kinds of little tricks to keep events moving their way.
ABK itself has no exposure on a CDS written between two counterparties of which ABK is neither. Let them all burn down, it'll be painful but we'll be stronger in the long run.
This is just a simple-stupid explanation. If I type it out and try to explain it, it helps me understand better. seanfar is the authority on this subject, pay close attention to what he has to say.
Hope this helps...
Morgen
gibts heut a rebound ist ambac tot.
gibts heut a rebound ist ambac tot.
Antwort auf Beitrag Nr.: 35.999.982 von sneake am 19.11.08 09:34:33 kaufe ein "oder"
Antwort auf Beitrag Nr.: 35.999.986 von sneake am 19.11.08 09:34:56Moin sneake,
was willst du aussagen begreife nicht worauf du hinaus willst?
Grüße
Paco
was willst du aussagen begreife nicht worauf du hinaus willst?
Grüße
Paco
Ihr "eiert" hier ja immer noch rum. wieviel Kohle wollt Ihr eigentlich noch verbrennen ???????????
http://www.teleboerse.de/1035002.html
http://www.teleboerse.de/1035002.html
Antwort auf Beitrag Nr.: 36.001.145 von pacoraban am 19.11.08 11:42:25hi paco,
Ich meine ambac ist ja ganz schoen ausgebombt.naja nach den zahlen und dem abstufungsrating.aber lohnt es sich oder sollte man noch warten.war lang ned mehr hier.
Ich meine ambac ist ja ganz schoen ausgebombt.naja nach den zahlen und dem abstufungsrating.aber lohnt es sich oder sollte man noch warten.war lang ned mehr hier.
Antwort auf Beitrag Nr.: 36.001.145 von pacoraban am 19.11.08 11:42:25Ich glaube der grübelt über einen Einstieg nach, ist sich aber nicht sicher. Also Volumina sinkt von Tag zu Tag, einige Stopploss wurden gezogen. Ich deute das auf einen Rebound hin, heute geht es up in USA. Mein persönliche Empfehlung lautet HALTEN, die 2$ kommt dieses Jahr bestimmt, ab dem nächsten Jahr kann es bis auf 5 $ und mehr hoch gehen. In 2 Jahren sieht es wieder ganz anders aus, Finanzkrise wäre dann m.E. vom Tisch und Ambac steht bei 10$ und mehr. Auch Shorter müssen sich mal wieder eindecken, das gibt auch einen Kursschub nach oben. Was ist eure Meinung???
Antwort auf Beitrag Nr.: 36.001.768 von Magic2008 am 19.11.08 12:30:33Stimmt darueber denk ich nach.
Nur ist hier der Umsatz extrem zurueckgegangen.Ausserdem nähern wir uns der magischen Dollar marke die nicht zu lang unterschritten werden sollte.
Nur ist hier der Umsatz extrem zurueckgegangen.Ausserdem nähern wir uns der magischen Dollar marke die nicht zu lang unterschritten werden sollte.
Jetzt sind die ganzen Down-Pusher wieder da, die noch tiefer rein wollen...!
Antwort auf Beitrag Nr.: 36.001.878 von sneake am 19.11.08 12:37:41schön Dich hier zu lesen also ein wenig Interesse oder doch der Versuchung erlegen auf ein schönen Zock
Gruß lgdfli alias ekke
Gruß lgdfli alias ekke
Antwort auf Beitrag Nr.: 36.001.878 von sneake am 19.11.08 12:37:41Ich glaube jeder hofft auf die Unterstützung bei 1,04$ gestern haben wir sie fast erreichtt gehabt. Danach schnellte wieder der Kurs Richtung 1,15$. Auch nachbörslich haben wir gottseidank nicht die 1,04 $ gesehen. Viele der Insider halten ihre Anteile, das stimmt mich positiv, auch warum ich denke das Ambac die Kurve kriegt. Immerhin wurde das im Sommer bewiesen, das Ambac die Kurve kriegen kann und den Kurs mal eben verzehnfacht. Jetzt glaube ich nicht an eine Verzehnfachung, aber ich glaube an eine Verdoppelung im positiven Sinne in den nächsten 2 Monaten. Und vergisst nicht die Abgeltungsteuer...
Antwort auf Beitrag Nr.: 36.001.687 von sneake am 19.11.08 12:25:55also wenn ich alles bei 2,70 Eurokurs verkauft hätte ,dann wäre ich schon komplett wieder drin
ich weiss nicht ob man abk kaufen sollte oder nicht
wirs sind im bottom Bereich und die chance dass es up gehen kann sind genauso hoch wie es down gehen kann
ich weiss nicht ob man abk kaufen sollte oder nicht
wirs sind im bottom Bereich und die chance dass es up gehen kann sind genauso hoch wie es down gehen kann
Lest euch mal den Text durch gerade im yahoo gefunden:
Alan Kohler
A tsunami of hope or terror?
TOP News
RBA boss says Aust should go forward with "quiet confidence" 8:35 PM
Euro stocks weighed down by banks, commodities 9:28 PM
OPEC unlikely to act at Cairo meeting 9:12 PM
Aust shares edge down to fresh 4-yr low 4:20 PM
Volvo cuts 130 jobs in Brisbane 11:33 PM
The Spectators
Bartholomeusz: Last chance for Rio Tinto
Babcock's best offer
Gottliebsen: Childcare on the auction block
Kohler: A tsunami of hope or terror?
Suckers for punishment?
As the world slips into recession, it is also on the brink of a synthetic CDO cataclysm that could actually save the global banking system.
It is a truly great irony that the world’s banks could end up being saved not by governments, but by the synthetic CDO time bomb that they set ticking with their own questionable practices during the credit boom.
Alternatively, the triggering of default on the trillions of dollars worth of synthetic CDOs that were sold before 2007 could be a disaster that tips the world from recession into depression. Nobody knows, but it won’t be a small event.
A synthetic CDO is a collateralised debt obligation that is based on credit default swaps rather physical debt securities.
CDOs were invented by Michael Milken’s Drexel Burnham Lambert in the late 1980s as a way to bundle asset backed securities into tranches with the same rating, so that investors could focus simply on the rating rather than the issuer of the bond.
About a decade later, a team working within JP Morgan Chase invented credit default swaps, which are contractual bets between two parties about whether a third party will default on its debt. In 2000 these were made legal, and at the same time were prevented from being regulated, by the Commodity Futures Modernization Act, which specifies that products offered by banking institutions could not be regulated as futures contracts.
This bill, by the way, was 11,000 pages long, was never debated by Congress and was signed into law by President Clinton a week after it was passed. It lies at the root of America’s failure to regulate the debt derivatives that are now threatening the global economy.
Anyway, moving right along – some time after that an unknown bright spark within one of the investment banks came up with the idea of putting CDOs and CDSs together to create the synthetic CDO.
Here’s how it works: a bank will set up a shelf company in Cayman Islands or somewhere with $2 of capital and shareholders other than the bank itself. They are usually charities that could use a little cash, and when some nice banker in a suit shows up and offers them money to sign some documents, they do.
That allows the so-called special purpose vehicle (SPV) to have “deniability”, as in “it’s nothing to do with us” – an idea the banks would have picked up from the Godfather movies.
The bank then creates a CDS between itself and the SPV. Usually credit default swaps reference a single third party, but for the purpose of the synthetic CDOs, they reference at least 100 companies.
The CDS contracts between the SPV can be $US500 million to $US1 billion, or sometimes more. They have a variety of twists and turns, but it usually goes something like this: if seven of the 100 reference entities default, the SPV has to pay the bank a third of the money; if eight default, it’s two-thirds; and if nine default, the whole amount is repayable.
For this, the bank agrees to pay the SPV 1 or 2 per cent per annum of the contracted sum.
Finally the SPV is taken along to Moody’s, Standard and Poor’s and Fitch’s and the ratings agencies sprinkle AAA magic dust upon it, and transform it from a pumpkin into a splendid coach.
The bank’s sales people then hit the road to sell this SPV to investors. It’s presented as the bank’s product, and the sales staff pretend that the bank is fully behind it, but of course it’s actually a $2 Cayman Islands company with one or two unknowing charities as shareholders.
It offers a highly-rated, investment-grade, fixed-interest product paying a 1 or 2 per cent premium. Those investors who bother to read the fine print will see that they will lose some or all of their money if seven, eight or nine of a long list of apparently strong global corporations go broke. In 2004-2006 it seemed money for jam. The companies listed would never go broke – it was unthinkable.
Here are some of the companies that are on all of the synthetic CDO reference lists: the three Icelandic banks, Lehman Brothers, Bear Stearns, Freddie Mac, Fannie Mae, American Insurance Group, Ambac, MBIA, Countrywide Financial, Countrywide Home Loans, PMI, General Motors, Ford and a pretty full retinue of US home builders.
In other words, the bankers who created the synthetic CDOs knew exactly what they were doing. These were not simply investment products created out of thin air and designed to give their sales people something from which to earn fees – although they were that too.
They were specifically designed to protect the banks against default by the most leveraged companies in the world. And of course the banks knew better than anyone else who they were.
As one part of the bank was furiously selling loans to these companies, another part was furiously selling insurance contracts against them defaulting, to unsuspecting investors who were actually a bit like “Lloyds Names” – the 1500 or so individuals who back the London reinsurance giant.
Except in this case very few of the “names” knew what they were buying. And nobody has any idea how many were sold, or with what total face value.
It is known that some $2 billion was sold to charities and municipal councils in Australia, but that is just the tip of the iceberg in this country. And Australia, of course, is the tiniest tip of the global iceberg of synthetic CDOs. The total undoubtedly runs into trillions of dollars.
All the banks did it, not just Lehman Brothers which had the largest market share, and many of them seem to have invested in the things as well (a bit like a dog eating its own vomit).
It is now getting very interesting. The three Icelandic banks have defaulted, as has Countrywide, Lehman and Bear Stearns. AIG has been taken over by the US Government, which is counted as a part-default, and Freddie Mac and Fannie Mae are in “conservatorship”, which is also a part default.
Ambac, MBIA, PMI, General Motors, Ford and a lot of US home builders are teetering.
If the list of defaults – full and partial – gets to nine, then a mass transfer of money will take place from unsuspecting investors around the world into the banking system. How much? Nobody knows, but it’s many trillions.
It will be the most colossal rights issue in the history of the world, all at once and non-renounceable. Actually, make that mandatory.
The distress among those who lose their money will be immense. It will be a real loss, not a theoretical paper loss. Cash will be transferred from their own bank accounts into the issuing bank, via these Cayman Islands special purpose vehicles.
The repercussions on the losers and the economies in which they live, will be unpredictable but definitely huge. Councils will have to put up rates to continue operating. Charities will go to the wall and be unable to continue helping those in need. Individual investors will lose everything.
There will also be a tsunami of litigation, as dumbfounded investors try to get their money back, claiming to have been deceived by the sales people who sold them the products. In Australia, some councils are already suing the now-defunct Lehman Brothers, and litigation funder, IMF Australia, has been studying synthetic CDOs for nine months preparing for the storm.
But for the banks, it’s happy days. Suddenly, when the ninth reference entity tips over, they will be flooded with capital. It’s possible they will have so much new capital, they won’t know what to do with it.
This is entirely uncharted territory so it’s impossible to know what will happen, but it is possible that the credit crunch will come to sudden and complete end, like the passing of a tornado that has left devastation in its wake, along with an eerie silence.
Alan Kohler
A tsunami of hope or terror?
TOP News
RBA boss says Aust should go forward with "quiet confidence" 8:35 PM
Euro stocks weighed down by banks, commodities 9:28 PM
OPEC unlikely to act at Cairo meeting 9:12 PM
Aust shares edge down to fresh 4-yr low 4:20 PM
Volvo cuts 130 jobs in Brisbane 11:33 PM
The Spectators
Bartholomeusz: Last chance for Rio Tinto
Babcock's best offer
Gottliebsen: Childcare on the auction block
Kohler: A tsunami of hope or terror?
Suckers for punishment?
As the world slips into recession, it is also on the brink of a synthetic CDO cataclysm that could actually save the global banking system.
It is a truly great irony that the world’s banks could end up being saved not by governments, but by the synthetic CDO time bomb that they set ticking with their own questionable practices during the credit boom.
Alternatively, the triggering of default on the trillions of dollars worth of synthetic CDOs that were sold before 2007 could be a disaster that tips the world from recession into depression. Nobody knows, but it won’t be a small event.
A synthetic CDO is a collateralised debt obligation that is based on credit default swaps rather physical debt securities.
CDOs were invented by Michael Milken’s Drexel Burnham Lambert in the late 1980s as a way to bundle asset backed securities into tranches with the same rating, so that investors could focus simply on the rating rather than the issuer of the bond.
About a decade later, a team working within JP Morgan Chase invented credit default swaps, which are contractual bets between two parties about whether a third party will default on its debt. In 2000 these were made legal, and at the same time were prevented from being regulated, by the Commodity Futures Modernization Act, which specifies that products offered by banking institutions could not be regulated as futures contracts.
This bill, by the way, was 11,000 pages long, was never debated by Congress and was signed into law by President Clinton a week after it was passed. It lies at the root of America’s failure to regulate the debt derivatives that are now threatening the global economy.
Anyway, moving right along – some time after that an unknown bright spark within one of the investment banks came up with the idea of putting CDOs and CDSs together to create the synthetic CDO.
Here’s how it works: a bank will set up a shelf company in Cayman Islands or somewhere with $2 of capital and shareholders other than the bank itself. They are usually charities that could use a little cash, and when some nice banker in a suit shows up and offers them money to sign some documents, they do.
That allows the so-called special purpose vehicle (SPV) to have “deniability”, as in “it’s nothing to do with us” – an idea the banks would have picked up from the Godfather movies.
The bank then creates a CDS between itself and the SPV. Usually credit default swaps reference a single third party, but for the purpose of the synthetic CDOs, they reference at least 100 companies.
The CDS contracts between the SPV can be $US500 million to $US1 billion, or sometimes more. They have a variety of twists and turns, but it usually goes something like this: if seven of the 100 reference entities default, the SPV has to pay the bank a third of the money; if eight default, it’s two-thirds; and if nine default, the whole amount is repayable.
For this, the bank agrees to pay the SPV 1 or 2 per cent per annum of the contracted sum.
Finally the SPV is taken along to Moody’s, Standard and Poor’s and Fitch’s and the ratings agencies sprinkle AAA magic dust upon it, and transform it from a pumpkin into a splendid coach.
The bank’s sales people then hit the road to sell this SPV to investors. It’s presented as the bank’s product, and the sales staff pretend that the bank is fully behind it, but of course it’s actually a $2 Cayman Islands company with one or two unknowing charities as shareholders.
It offers a highly-rated, investment-grade, fixed-interest product paying a 1 or 2 per cent premium. Those investors who bother to read the fine print will see that they will lose some or all of their money if seven, eight or nine of a long list of apparently strong global corporations go broke. In 2004-2006 it seemed money for jam. The companies listed would never go broke – it was unthinkable.
Here are some of the companies that are on all of the synthetic CDO reference lists: the three Icelandic banks, Lehman Brothers, Bear Stearns, Freddie Mac, Fannie Mae, American Insurance Group, Ambac, MBIA, Countrywide Financial, Countrywide Home Loans, PMI, General Motors, Ford and a pretty full retinue of US home builders.
In other words, the bankers who created the synthetic CDOs knew exactly what they were doing. These were not simply investment products created out of thin air and designed to give their sales people something from which to earn fees – although they were that too.
They were specifically designed to protect the banks against default by the most leveraged companies in the world. And of course the banks knew better than anyone else who they were.
As one part of the bank was furiously selling loans to these companies, another part was furiously selling insurance contracts against them defaulting, to unsuspecting investors who were actually a bit like “Lloyds Names” – the 1500 or so individuals who back the London reinsurance giant.
Except in this case very few of the “names” knew what they were buying. And nobody has any idea how many were sold, or with what total face value.
It is known that some $2 billion was sold to charities and municipal councils in Australia, but that is just the tip of the iceberg in this country. And Australia, of course, is the tiniest tip of the global iceberg of synthetic CDOs. The total undoubtedly runs into trillions of dollars.
All the banks did it, not just Lehman Brothers which had the largest market share, and many of them seem to have invested in the things as well (a bit like a dog eating its own vomit).
It is now getting very interesting. The three Icelandic banks have defaulted, as has Countrywide, Lehman and Bear Stearns. AIG has been taken over by the US Government, which is counted as a part-default, and Freddie Mac and Fannie Mae are in “conservatorship”, which is also a part default.
Ambac, MBIA, PMI, General Motors, Ford and a lot of US home builders are teetering.
If the list of defaults – full and partial – gets to nine, then a mass transfer of money will take place from unsuspecting investors around the world into the banking system. How much? Nobody knows, but it’s many trillions.
It will be the most colossal rights issue in the history of the world, all at once and non-renounceable. Actually, make that mandatory.
The distress among those who lose their money will be immense. It will be a real loss, not a theoretical paper loss. Cash will be transferred from their own bank accounts into the issuing bank, via these Cayman Islands special purpose vehicles.
The repercussions on the losers and the economies in which they live, will be unpredictable but definitely huge. Councils will have to put up rates to continue operating. Charities will go to the wall and be unable to continue helping those in need. Individual investors will lose everything.
There will also be a tsunami of litigation, as dumbfounded investors try to get their money back, claiming to have been deceived by the sales people who sold them the products. In Australia, some councils are already suing the now-defunct Lehman Brothers, and litigation funder, IMF Australia, has been studying synthetic CDOs for nine months preparing for the storm.
But for the banks, it’s happy days. Suddenly, when the ninth reference entity tips over, they will be flooded with capital. It’s possible they will have so much new capital, they won’t know what to do with it.
This is entirely uncharted territory so it’s impossible to know what will happen, but it is possible that the credit crunch will come to sudden and complete end, like the passing of a tornado that has left devastation in its wake, along with an eerie silence.
Antwort auf Beitrag Nr.: 36.002.190 von Magic2008 am 19.11.08 12:57:56Da schau mal was hälst du denn davon? nicht allzu sehr gut was?
http://www.mffais.com/abk.html
http://www.mffais.com/abk.html
Antwort auf Beitrag Nr.: 36.002.123 von lgdfli am 19.11.08 12:53:27hi ja aus arise bin ich raus und mal gucken ob hier was mit ambac geht.
Antwort auf Beitrag Nr.: 36.003.015 von sneake am 19.11.08 13:49:37Schau mal Goldmann Sachs und Citigroup die haben nachgekauft! Und das sind keine kleinen Banken auch wenn sie geschrumpft sind.
Antwort auf Beitrag Nr.: 36.003.015 von sneake am 19.11.08 13:49:37In den letzten Tagen mehr gekauft als verkauft, wenn ich das richtig sehe...
Antwort auf Beitrag Nr.: 36.003.958 von zip2000 am 19.11.08 14:55:00vorbörslich 1,08 denk heut gibts noch mal nen rutsch mit dem gesamtmarkt.leider ist das volumen in frankfurt mehr als bescheiden.
Antwort auf Beitrag Nr.: 36.003.974 von sneake am 19.11.08 14:56:00NASDAQ Last Sale 1.07 -0.07 -6.14%
wir testen jetzt grad die tiefststände vom anfang juli mal sehen obs tiefer geht.
Antwort auf Beitrag Nr.: 36.004.606 von sneake am 19.11.08 15:37:15nein nein nein wir gehen nicht tiefer oder zippi
Antwort auf Beitrag Nr.: 36.004.689 von pacoraban am 19.11.08 15:41:25NIE UND NIMMER NICHT!!!
Wir schließen heute im Plus - behaupte ich einfach mal so...
Meine Meinung, keine Empfehlung...
Wir schließen heute im Plus - behaupte ich einfach mal so...
Meine Meinung, keine Empfehlung...
Antwort auf Beitrag Nr.: 36.004.763 von zip2000 am 19.11.08 15:45:54wo holt ihr immer euren optimismus her
ich denke es ist gut wenn neue tiefs ausgelotet werden, erst dann kann auch ein kräftiger rebound entstehen
ich denke es ist gut wenn neue tiefs ausgelotet werden, erst dann kann auch ein kräftiger rebound entstehen
Antwort auf Beitrag Nr.: 36.004.836 von marcanthony am 19.11.08 15:50:08weil wir schon drin sind
Antwort auf Beitrag Nr.: 36.004.858 von pacoraban am 19.11.08 15:51:13Ohh na dann MUß man ja positiv denken.
Antwort auf Beitrag Nr.: 36.004.836 von marcanthony am 19.11.08 15:50:08und marc hat recht
Antwort auf Beitrag Nr.: 36.004.925 von pacoraban am 19.11.08 15:55:17drin bin ich ja auch noch mit der longposi und warte gespannt auf das unterschreiten der 1$ marke
paco habe dir gerade ne bm geschickt
paco habe dir gerade ne bm geschickt
Standard & Poor's Ratings Services slapped the key operating unit of bond insurer moved Ambac Financial Group Inc. with a 3-notch downgrade amid the potential for further losses in collateralized-debt obligations.
CDOs, which use sliced-and-diced assets such as subprime mortgages to create customized products ...
also Leute krieg leider nicht den ganzen Text
CDOs, which use sliced-and-diced assets such as subprime mortgages to create customized products ...
also Leute krieg leider nicht den ganzen Text
Antwort auf Beitrag Nr.: 36.005.190 von pacoraban am 19.11.08 16:10:58bin zu 0,80 reingegangen..hoffe es lohnt sich!!
Antwort auf Beitrag Nr.: 36.005.562 von Riccardo22 am 19.11.08 16:32:260,80? gabs doch gar ned.
tiefst bisher 0,811
tiefst bisher 0,811
das sieht nicht gut aus was meint Ihr?
gleich kommts. 1 dollar!!!
Wie tief sinkt ABK heute
jetzt beginnt der ausverkauf
-0.280 (-24.56%)
Real-time: 10:58AM EST Open: 1.10 Mkt Cap: 272.88M P/E: - Dividend: 0.01
High: 1.14 52Wk High: 32.28 F P/E: 10.63 Yield: 4.21
Low: 0.90 52Wk Low: 0.90 Beta: 2.07 Shares: 287.24M
Vol: 2.31M Avg Vol: 29.61M EPS: -49.38 Inst. Own: 92%
-0.280 (-24.56%)
Real-time: 10:58AM EST Open: 1.10 Mkt Cap: 272.88M P/E: - Dividend: 0.01
High: 1.14 52Wk High: 32.28 F P/E: 10.63 Yield: 4.21
Low: 0.90 52Wk Low: 0.90 Beta: 2.07 Shares: 287.24M
Vol: 2.31M Avg Vol: 29.61M EPS: -49.38 Inst. Own: 92%
ziemlich trostlos, der heutige tag... zweistellig up wird knapp.
aber goldman sachs hat noch freitag 8 mio shares zugekauft, ich denke, die sind immer so clever...
aber goldman sachs hat noch freitag 8 mio shares zugekauft, ich denke, die sind immer so clever...
und s+p zieht nach im downgrading
S&P cuts Ambac on mortgage loss exposure
NEW YORK, Nov 19 (Reuters) - Standard & Poor's on Wednesday downgraded ratings on bond insurer Ambac Assurance Corp and its holding company Ambac Financial Group Inc (ABK.N: Quote, Profile, Research, Stock Buzz) and said they remain exposed to heavy losses on U.S. mortgage-related securities.
The agency cut its financial strength rating on Ambac Assurance three notches to "A," or the sixth-highest investment grade.
It cut its senior debt rating on Ambac Financial by three notches to "BBB," or two notches above speculative grade.
S&P cut its hybrid security rating on Ambac Financial to "BB-plus," which is the first level of speculative, or 'junk' status.
All ratings have a negative outlook, meaning S&P could cut them again within two years.
"The rating action on Ambac reflects our view that the company's exposures in the U.S. residential mortgage sector and particularly the related collateralized debt obligation structures have been a source of significant and comparatively greater-than-competitor losses and will continue to expose the company to the potential for further adverse loss development," analyst Dick Smith said in a statement.
Ambac and rival MBIA reported large third-quarter losses, hit by write-downs and limited new business. The companies have been hit hard by the credit crunch and the loss of their Triple-A ratings earlier this year, which disrupted their entire business model.
Their ratings were cut after they took billions of dollars of losses on exposure to mortgages and complex debt instruments. Ambac is trying to revive its business by reactivating its Connie Lee Insurance Co as a new municipal bond insurer.
Ambac Assurance also has been forced to support the funding needs of its financial services unit to help it meet collateral calls and termination agreements, said S&P. The unit is comprised of Ambac's swap agreements and Guaranteed Investment Contracts.
"Ambac has purchased assets from and made loans to the affiliate that have lowered slightly the credit quality of Ambac's investment portfolio and increased the gap between the book value and fair market value of the assets in the portfolio," said Smith.
Still, Ambac Assurance has sufficient claims-paying ability and enough liquidity at its current rating, he said.
Moody's Investor Service cut its ratings on Ambac Assurance and the holding company in early November, triggering a $3.2 billion collateral call. (Reporting by Ciara Linnane; Editing by Andrea Ricci)
S&P cuts Ambac on mortgage loss exposure
NEW YORK, Nov 19 (Reuters) - Standard & Poor's on Wednesday downgraded ratings on bond insurer Ambac Assurance Corp and its holding company Ambac Financial Group Inc (ABK.N: Quote, Profile, Research, Stock Buzz) and said they remain exposed to heavy losses on U.S. mortgage-related securities.
The agency cut its financial strength rating on Ambac Assurance three notches to "A," or the sixth-highest investment grade.
It cut its senior debt rating on Ambac Financial by three notches to "BBB," or two notches above speculative grade.
S&P cut its hybrid security rating on Ambac Financial to "BB-plus," which is the first level of speculative, or 'junk' status.
All ratings have a negative outlook, meaning S&P could cut them again within two years.
"The rating action on Ambac reflects our view that the company's exposures in the U.S. residential mortgage sector and particularly the related collateralized debt obligation structures have been a source of significant and comparatively greater-than-competitor losses and will continue to expose the company to the potential for further adverse loss development," analyst Dick Smith said in a statement.
Ambac and rival MBIA reported large third-quarter losses, hit by write-downs and limited new business. The companies have been hit hard by the credit crunch and the loss of their Triple-A ratings earlier this year, which disrupted their entire business model.
Their ratings were cut after they took billions of dollars of losses on exposure to mortgages and complex debt instruments. Ambac is trying to revive its business by reactivating its Connie Lee Insurance Co as a new municipal bond insurer.
Ambac Assurance also has been forced to support the funding needs of its financial services unit to help it meet collateral calls and termination agreements, said S&P. The unit is comprised of Ambac's swap agreements and Guaranteed Investment Contracts.
"Ambac has purchased assets from and made loans to the affiliate that have lowered slightly the credit quality of Ambac's investment portfolio and increased the gap between the book value and fair market value of the assets in the portfolio," said Smith.
Still, Ambac Assurance has sufficient claims-paying ability and enough liquidity at its current rating, he said.
Moody's Investor Service cut its ratings on Ambac Assurance and the holding company in early November, triggering a $3.2 billion collateral call. (Reporting by Ciara Linnane; Editing by Andrea Ricci)
Schei***, mal ne Minute nicht aufgepasst
Drecksding. Satt im Minus
Preisen die schon ne Inso ein??
Destryer
Drecksding. Satt im Minus
Preisen die schon ne Inso ein??
Destryer
Antwort auf Beitrag Nr.: 36.005.978 von kamikazeschneider am 19.11.08 17:00:03Die frage ist wer heut noch einkauft!!
werhatgerade gekauft?
Antwort auf Beitrag Nr.: 36.006.027 von pacoraban am 19.11.08 17:03:07Ich hab mir grad welche gegönnt.
Aus Wut mal eben auch ein paar nachgeladen. Wehe das Miststück steigt nicht wieder.
Antwort auf Beitrag Nr.: 36.006.044 von sneake am 19.11.08 17:04:10sehr schlau dann biste ja schon im Plus
und du marc oder zipp nochmehr rein ?
hat denn jemand verkauft gerade?
und du marc oder zipp nochmehr rein ?
hat denn jemand verkauft gerade?
Antwort auf Beitrag Nr.: 36.005.987 von marcanthony am 19.11.08 17:00:50Na Jungs, gehts runter?
Können wohl bald einen Termin zur Insolvenzparty machen, die Schnittchen mach ich gerne, da möchte ich doch mal sehen, was für Typen das sind, die so einen Schrott jetzt noch kauften.
Können wohl bald einen Termin zur Insolvenzparty machen, die Schnittchen mach ich gerne, da möchte ich doch mal sehen, was für Typen das sind, die so einen Schrott jetzt noch kauften.
Antwort auf Beitrag Nr.: 36.006.155 von pacoraban am 19.11.08 17:10:33ja wenns so bleibt oder wieder a weng hlher geht paßt das schon.Im moment hab ich schon Luft nach unten.
Antwort auf Beitrag Nr.: 36.006.167 von SLCRacer2008 am 19.11.08 17:11:20Geh auf`m Kamm blasen, du Trottel
Antwort auf Beitrag Nr.: 36.005.946 von surga am 19.11.08 16:58:26
Mensch, wird ganz schön geprügelt das Teil
Mensch, wird ganz schön geprügelt das Teil
also zwischen 0,75$ und 0,82$ ist denke ich mal ein guter einstiegskurz zum daytraden nicht als long
und unsere schnittchenschmiererbeateuhsetante kann sich doch bitte wieder ihrem gatten widmen es sei denn sie / es hat bereits die menppause hinter sich (wovon auszugehen ist)
und unsere schnittchenschmiererbeateuhsetante kann sich doch bitte wieder ihrem gatten widmen es sei denn sie / es hat bereits die menppause hinter sich (wovon auszugehen ist)
Gestern ist ein großer neuer hinzugekommen.mal sehen wie es morgen aussieht für den heutigen tag.
http://www.mffais.com/abk.html
http://www.mffais.com/abk.html
So nun muß bald der 1 dollar wieder her sonst wird ambac von der nasdaq geschmissen.hat aber noch ein wenig zeit.
Antwort auf Beitrag Nr.: 36.006.296 von marcanthony am 19.11.08 17:19:23Das Teil geht ja heute richtig down. Wird bei dir wahrscheinlich auch so sein, gelle.
Antwort auf Beitrag Nr.: 36.006.715 von SLCRacer2008 am 19.11.08 17:42:29besser down als alt vertrocknet und obendrein frustriert
also schmier schnittchen dass ist das einzige was du kannst
also schmier schnittchen dass ist das einzige was du kannst
Antwort auf Beitrag Nr.: 36.006.155 von pacoraban am 19.11.08 17:10:33Soll ich lachen od. weinen...?!
Eben mal für 2h nicht vorm Compi und nun... Help!
Nachlegen geht bei mir nix mehr im Nov.
Im Dez. lege ich sicher nach, wenn sie denn dann noch unter $1 steht...
Eben mal für 2h nicht vorm Compi und nun... Help!
Nachlegen geht bei mir nix mehr im Nov.
Im Dez. lege ich sicher nach, wenn sie denn dann noch unter $1 steht...
!
Dieser Beitrag wurde moderiert. Grund: Provokation
Dow-Jones, Nasdaq 100, Nikkei 225, DAX-Xetra, TecDAX, Euro Stoxx 50, ATX...
Alle im Minus.
Warum soll ABK nicht auch runter gehen...
Ich sehe es locker...!
Alle im Minus.
Warum soll ABK nicht auch runter gehen...
Ich sehe es locker...!
Antwort auf Beitrag Nr.: 36.006.811 von SLCRacer2008 am 19.11.08 17:47:24ich vergaß ja noch ...zu zittrig um ne aktie etwas länger zu halten auch wenn´s nur 80 aktien waren
p.s. wer sich beate uhse artikeln bedienen muss auf den trifft das wohl alles zu
p.s. wer sich beate uhse artikeln bedienen muss auf den trifft das wohl alles zu
Antwort auf Beitrag Nr.: 36.006.942 von zip2000 am 19.11.08 17:54:02Die fallen ja nicht weil dow und nas fallen sondern wegen dem Downgrade.hast denn die news ned gelesen?
Antwort auf Beitrag Nr.: 36.006.780 von zip2000 am 19.11.08 17:45:34Prinzipiell wäre jetzt "Nachlegen" aber eigentlich nur noch "Zocken". Mit längerfristigem Investment dürfte dies nix mehr zu tun haben.
Antwort auf Beitrag Nr.: 36.006.980 von sneake am 19.11.08 17:55:43Doch, habe ich.
Damit erklären sich ~15% Minus von den insgesamt 25%...
Damit erklären sich ~15% Minus von den insgesamt 25%...
!
Dieser Beitrag wurde moderiert. Grund: themenfremder Inhalt
Wie gehts nun weiter? Ist dies der Todesstoß für Ambac?
Antwort auf Beitrag Nr.: 36.007.152 von sneake am 19.11.08 18:05:33Das wird so schnell/sicher keiner sagen können...
Ich glaube immer noch an ABK - Eine Säule der Wirtschaft...
Ich glaube immer noch an ABK - Eine Säule der Wirtschaft...
Antwort auf Beitrag Nr.: 36.007.257 von zip2000 am 19.11.08 18:12:41So wie Bearns? oder Lehmann?
Antwort auf Beitrag Nr.: 36.007.257 von zip2000 am 19.11.08 18:12:41hallo zip
denk an lehmann
denk an lehmann
Antwort auf Beitrag Nr.: 36.007.281 von sneake am 19.11.08 18:14:20Nein... aber so ähnlich...
Antwort auf Beitrag Nr.: 36.007.296 von lustigerrudi am 19.11.08 18:14:58Tja, demnach sollten alle die Reißleine ziehen...!?
Antwort auf Beitrag Nr.: 36.007.368 von zip2000 am 19.11.08 18:19:25Neee wart mal noch damit.bin vorhin frisch rein und schau mir das gnaze erst ma an.nach mir bitte.
Antwort auf Beitrag Nr.: 36.007.296 von lustigerrudi am 19.11.08 18:14:58so jetzt lassen wir mal die zittrige alte frustrierte schnittchenschmierendebeateuhsetante in ruhe....
zu abk:
nochmal monoliner sind weder lehman noch bear stearns noch wamu, geht abk und mbia pleite dann stehen auch institute wie citi oder boa vor enormen problemen, dazu noch gemeinden in amerika, nicht mal ansatzweise vergleichbar mit dem was der lehman pleite folgte, das wird wesentlich schlimmer
zu abk:
nochmal monoliner sind weder lehman noch bear stearns noch wamu, geht abk und mbia pleite dann stehen auch institute wie citi oder boa vor enormen problemen, dazu noch gemeinden in amerika, nicht mal ansatzweise vergleichbar mit dem was der lehman pleite folgte, das wird wesentlich schlimmer
Antwort auf Beitrag Nr.: 36.007.368 von zip2000 am 19.11.08 18:19:25ich weiss es auch nicht bin doch entäuscht
dow runter abk downgrade,eigentlich dachte ich das dies der KUrs schon ingepreist hätte
dow runter abk downgrade,eigentlich dachte ich das dies der KUrs schon ingepreist hätte
Antwort auf Beitrag Nr.: 36.007.396 von sneake am 19.11.08 18:21:16Scherzkeks... +
Bleib natürlich auch drinnen.
Bleib natürlich auch drinnen.
Antwort auf Beitrag Nr.: 36.007.399 von marcanthony am 19.11.08 18:21:29Auch ein chapter 11 wäre verherrend.
ich glaube Ende des Jahres werden wir alle lachen und sagen es hat sich gelohnt, die schlaflosen Nächte
also bei dem Kurs muß mann nachkaufen,ambac geht nicht pleite
also bei dem Kurs muß mann nachkaufen,ambac geht nicht pleite
!
Dieser Beitrag wurde moderiert. Grund: Spammposting!
Dieser Beitrag wurde moderiert. Grund: Spammposting!
Dieser Beitrag wurde moderiert. Grund: Spammposting!
Dieser Beitrag wurde moderiert. Grund: Spammposting!
Dieser Beitrag wurde moderiert. Grund: Spammposting
Antwort auf Beitrag Nr.: 36.007.479 von sneake am 19.11.08 18:26:29chapter 11 ist bankrott! ich habe die stelle aus dem s+p kommentar fett markiert
Thomson Financial News
S&P cuts Ambac on mortgage loss exposure
11.19.08, 10:57 AM EST
NEW YORK, Nov 19 (Reuters) - Standard & Poor's on Wednesday downgraded ratings on bond insurer Ambac Assurance Corp and its holding company Ambac Financial Group Inc and said they remain exposed to heavy losses on U.S. mortgage-related securities.
The agency cut its financial strength rating on Ambac Assurance three notches to 'A,' or the sixth-highest investment grade.
It cut its senior debt rating on Ambac Financial by three notches to 'BBB,' or two notches above speculative grade.
S&P cut its hybrid security rating on Ambac Financial to 'BB-plus,' which is the first level of speculative, or 'junk' status.
All ratings have a negative outlook, meaning S&P could cut them again within two years.
'The rating action on Ambac reflects our view that the company's exposures in the U.S. residential mortgage sector and particularly the related collateralized debt obligation structures have been a source of significant and comparatively greater-than-competitor losses and will continue to expose the company to the potential for further adverse loss development,' analyst Dick Smith said in a statement.
Ambac and rival MBIA reported large third-quarter losses, hit by write-downs and limited new business. The companies have been hit hard by the credit crunch and the loss of their Triple-A ratings earlier this year, which disrupted their entire business model.
Their ratings were cut after they took billions of dollars of losses on exposure to mortgages and complex debt instruments. Ambac is trying to revive its business by reactivating its Connie Lee Insurance Co as a new municipal bond insurer.
Ambac Assurance also has been forced to support the funding needs of its financial services unit to help it meet collateral calls and termination agreements, said S&P. The unit is comprised of Ambac's swap agreements and Guaranteed Investment Contracts.
'Ambac has purchased assets from and made loans to the affiliate that have lowered slightly the credit quality of Ambac's investment portfolio and increased the gap between the book value and fair market value of the assets in the portfolio,' said Smith.
Still, Ambac Assurance has sufficient claims-paying ability and enough liquidity at its current rating, he said.
Moody's Investor Service cut its ratings on Ambac Assurance and the holding company in early November, triggering a $3.2 billion collateral call.
(Reporting by Ciara Linnane; Editing by Andrea Ricci)
Thomson Financial News
S&P cuts Ambac on mortgage loss exposure
11.19.08, 10:57 AM EST
NEW YORK, Nov 19 (Reuters) - Standard & Poor's on Wednesday downgraded ratings on bond insurer Ambac Assurance Corp and its holding company Ambac Financial Group Inc and said they remain exposed to heavy losses on U.S. mortgage-related securities.
The agency cut its financial strength rating on Ambac Assurance three notches to 'A,' or the sixth-highest investment grade.
It cut its senior debt rating on Ambac Financial by three notches to 'BBB,' or two notches above speculative grade.
S&P cut its hybrid security rating on Ambac Financial to 'BB-plus,' which is the first level of speculative, or 'junk' status.
All ratings have a negative outlook, meaning S&P could cut them again within two years.
'The rating action on Ambac reflects our view that the company's exposures in the U.S. residential mortgage sector and particularly the related collateralized debt obligation structures have been a source of significant and comparatively greater-than-competitor losses and will continue to expose the company to the potential for further adverse loss development,' analyst Dick Smith said in a statement.
Ambac and rival MBIA reported large third-quarter losses, hit by write-downs and limited new business. The companies have been hit hard by the credit crunch and the loss of their Triple-A ratings earlier this year, which disrupted their entire business model.
Their ratings were cut after they took billions of dollars of losses on exposure to mortgages and complex debt instruments. Ambac is trying to revive its business by reactivating its Connie Lee Insurance Co as a new municipal bond insurer.
Ambac Assurance also has been forced to support the funding needs of its financial services unit to help it meet collateral calls and termination agreements, said S&P. The unit is comprised of Ambac's swap agreements and Guaranteed Investment Contracts.
'Ambac has purchased assets from and made loans to the affiliate that have lowered slightly the credit quality of Ambac's investment portfolio and increased the gap between the book value and fair market value of the assets in the portfolio,' said Smith.
Still, Ambac Assurance has sufficient claims-paying ability and enough liquidity at its current rating, he said.
Moody's Investor Service cut its ratings on Ambac Assurance and the holding company in early November, triggering a $3.2 billion collateral call.
(Reporting by Ciara Linnane; Editing by Andrea Ricci)
So, der Thread wurde ein bissl von diesem "slc-Hampelmann" gecleaned...
DANKE an die Admins...
DANKE an die Admins...
Antwort auf Beitrag Nr.: 36.007.692 von marcanthony am 19.11.08 18:40:24Eben... Deute ich als sehr positiv!
Positver als manch andere Werte...
Positver als manch andere Werte...
Antwort auf Beitrag Nr.: 36.007.849 von zip2000 am 19.11.08 18:50:57sehr schön !
Antwort auf Beitrag Nr.: 36.007.849 von zip2000 am 19.11.08 18:50:57So,geh jetzt erst ma was mampfen.hoffe ich bekomme keinen schreck so wie du wenn ich später wiederkomme.
Ambac scheint sich wohl in der Range zwischen 0,84-0,87 einzupendeln.
Ambac scheint sich wohl in der Range zwischen 0,84-0,87 einzupendeln.
Antwort auf Beitrag Nr.: 36.007.939 von sneake am 19.11.08 18:56:38...ich geh' ab sofort von 15:00 bis 22:00 nicht mehr weg vom Compi!!
Mahlzeit
Mahlzeit
Manche sollten vielleicht mal die Bedeutung der Wörter "bankrott" und "insolvent" nachschlagen. Die sind nämlich nicht deckungsgleich. Und nein, auch Chapter 11 lässt sich nicht mit einem der Wörter übersetzen.
Zum Thema Ambac: Enttäuschend!!!
Ich lassne mein Geld zum Aufstocken an der Seitenlinie, da ist mir einfach zu viel Psychose drin. Den Bestand verkaufen werde ich allerdings auch nicht.
Next stop December.
FKM
Zum Thema Ambac: Enttäuschend!!!
Ich lassne mein Geld zum Aufstocken an der Seitenlinie, da ist mir einfach zu viel Psychose drin. Den Bestand verkaufen werde ich allerdings auch nicht.
Next stop December.
FKM
Mist, wieder einen Haufen Kohle versenkt
So ein Drecksding...
So ein Drecksding...
Antwort auf Beitrag Nr.: 36.008.723 von zip2000 am 19.11.08 19:53:15zipp biste raus?
ich noch nicht ich warte bis0,10
ich noch nicht ich warte bis0,10
Antwort auf Beitrag Nr.: 36.008.942 von Destroyers am 19.11.08 20:07:24mein Beileid
Antwort auf Beitrag Nr.: 36.008.942 von Destroyers am 19.11.08 20:07:24Ich will auch nicht verkaufen, soviel Verlust realisieren? NEIN. Es wird garantiert wieder hoch gehen. Heute war insgesamt schlechte Stimmung an der Börse.Das schlechte Rating hat leider dazu beigetragen das wir noch tiefer gingen als 0,80$. Die Amis im Yahoo board sind auch verzweifelt. Naja keiner hätte es gedacht, ich hoffe das war der Boden. Und morgen kommen die Schnäppchenjäger und es geht wieder aufwärts.
Antwort auf Beitrag Nr.: 36.009.103 von pacoraban am 19.11.08 20:18:35Nein, natürlich nicht...
Kaufen bei bad-news - verkaufen bei good-news!
Kaufen bei bad-news - verkaufen bei good-news!
Antwort auf Beitrag Nr.: 36.009.767 von zip2000 am 19.11.08 21:09:41ich halt sie bis 0,10
guten abend an alle
hoffe mal wir haben das tief gesehen bei 0,77$ kann ich aber in der derzeitigen marktsituation nicht einschätzen
hier noch was zum lesen
UPDATE: S&P Downgrades Ambac Again, Sending Shares Down 26%
Wednesday November 19th, 2008 / 19h51
By Alistair Barr
SAN FRANCISCO (Dow Jones) -- Standard & Poor's said Wednesday that it downgraded Ambac Financial and the company's main bond insurance unit because the rating agency expects more losses from guarantees of mortgage-backed securities and collateralized debt obligations.
S&P downgraded the senior debt of Ambac Financial (ABK) to BBB from A. It also cut Ambac Assurance Corp., the bond insurance subsidiary, to A from AA. The outlook is negative.
"The company's exposures in the U.S. residential mortgage sector and particularly the related collateralized debt obligation structures have been a source of significant and comparatively greater-than-competitor losses and will continue to expose the company to the potential for further adverse loss development," S&P credit analyst Dick Smith said.
"These losses have slightly more than offset the benefits to the company of lower capital requirements that result from a declining book of business," he added.
Ambac shares slumped 26% to 84 cents after the downgrades. Rival bond insurer MBIA Inc. (MBI) also fell on Wednesday. That stock dropped 16% to $4.20.
S&P also warned that the holding company, Ambac Financial, may face added liquidity stress next year. That's because its main bond insurance unit can't pay dividends to the holding company unless its regulator, the Wisconsin Insurance Commissioner, approves.
"While the holding company currently holds cash in excess of its 2009 debt service and cash expense requirements, resumption of dividends from Ambac in 2010 and beyond, without gaining specific regulatory approval, will be dependent on Ambac's return to meaningful profitability," S&P explained.
hoffe mal wir haben das tief gesehen bei 0,77$ kann ich aber in der derzeitigen marktsituation nicht einschätzen
hier noch was zum lesen
UPDATE: S&P Downgrades Ambac Again, Sending Shares Down 26%
Wednesday November 19th, 2008 / 19h51
By Alistair Barr
SAN FRANCISCO (Dow Jones) -- Standard & Poor's said Wednesday that it downgraded Ambac Financial and the company's main bond insurance unit because the rating agency expects more losses from guarantees of mortgage-backed securities and collateralized debt obligations.
S&P downgraded the senior debt of Ambac Financial (ABK) to BBB from A. It also cut Ambac Assurance Corp., the bond insurance subsidiary, to A from AA. The outlook is negative.
"The company's exposures in the U.S. residential mortgage sector and particularly the related collateralized debt obligation structures have been a source of significant and comparatively greater-than-competitor losses and will continue to expose the company to the potential for further adverse loss development," S&P credit analyst Dick Smith said.
"These losses have slightly more than offset the benefits to the company of lower capital requirements that result from a declining book of business," he added.
Ambac shares slumped 26% to 84 cents after the downgrades. Rival bond insurer MBIA Inc. (MBI) also fell on Wednesday. That stock dropped 16% to $4.20.
S&P also warned that the holding company, Ambac Financial, may face added liquidity stress next year. That's because its main bond insurance unit can't pay dividends to the holding company unless its regulator, the Wisconsin Insurance Commissioner, approves.
"While the holding company currently holds cash in excess of its 2009 debt service and cash expense requirements, resumption of dividends from Ambac in 2010 and beyond, without gaining specific regulatory approval, will be dependent on Ambac's return to meaningful profitability," S&P explained.
Antwort auf Beitrag Nr.: 36.010.224 von marcanthony am 19.11.08 22:00:32War doch heut wirklich ein Supertag. Shorts laufen prächtig, kann ich jetzt ruhig zu Bett gehen und von Ambac träumen.
Mehr kann man an einem Tag nun wirklich nicht verdienen.
Mehr kann man an einem Tag nun wirklich nicht verdienen.
Mist.... auf Tagestief geschlossen.
@zip
sag mal kannst du bei den admin nachfragen warum beate uhse immer noch ihr stimmchen erhebt
sag mal kannst du bei den admin nachfragen warum beate uhse immer noch ihr stimmchen erhebt
morgen geht es wieder hoch. 33 % waren zu viel.
Ich bleibe. B.U. geht hoffentlich
Ich bleibe. B.U. geht hoffentlich
NB z.Z. bei 0,79$
Das muß ich jetzt aussitzen. So schwer habe ich noch selten in die Schxxx gefasst. Entweder die gehen jetzt den Bach runter, oder in ein paar Jahren fahre ich die Ernte ein. Ist doch alles nicht mehr normal im Moment...
Gute N8
Destryer
Gute N8
Destryer
Antwort auf Beitrag Nr.: 36.010.551 von Destroyers am 19.11.08 22:32:06mir geht es genauso. Ambac wird nicht Pleite gehen. Eventuell kommt noch eine Übernahme oder was weiss ich was. Werde dabei bleiben und es auch aussitzen. Bin beim letzten tief vor ca. einem halben Jahr bei 0,70€ rein war aber zu blöd und bin kurz danach wieder raus. Ging daraufhin bis über 4 € hoch. Jetzt sind wir wieder bei unter 0,70 und dieses Mal bleibe ich
Nacht
Nacht
Nb 0,93$ . Was ist da los?
0,95$
Nun bei 1$ . Wahnsinn
Antwort auf Beitrag Nr.: 36.010.868 von fortuna924 am 19.11.08 23:29:29und ich wollte heute verbilligen und habe mich nicht getraut
News ist da. Nun schon bei 1,05 $ .
Antwort auf Beitrag Nr.: 36.010.896 von fortuna924 am 19.11.08 23:33:33 was???
Sorry nun bei 1,09$
Ambac Commutes Approximately $3.5 Billion of CDO Exposure for Cash Settlement of $1 Billion
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. (NYSE: ABK - News) (Ambac) today announced that it has commuted two CDO of CDO of ABS (commonly referred to as CDO-squared) exposures and two high grade CDO of ABS exposures. The four transactions, with an aggregate of approximately $3.5 billion notional outstanding at September 30, 2008, were settled with counterparties in exchange for a total cash payment by Ambac Assurance Corporation (AAC) of $1.0 billion. The two CDO-squared transactions originally comprised collateral consisting of A-rated CDO of ABS tranches, and the two high grade CDO of ABS exposures originally comprised collateral consisting of asset-backed securitizations rated A- or higher. Most of the collateral had been downgraded to below investment grade since the inception of the transactions. All four of the transactions had been internally downgraded to below investment grade.
s a result of the settlements, Ambac expects to record positive adjustments to its aggregate mark-to-market and impairment reserves. In addition, the stress case losses in the rating agency capital models for these transactions combined exceeded AAC’s final payments; therefore, the settlements will result in an improved rating agency capital position for AAC.
“My immediate focus as Ambac’s new CEO is to restore confidence in our balance sheet through aggressive risk reduction,” said David Wallis, Ambac’s Chief Executive Officer. “Ambac has consistently emphasized that in this period of extreme uncertainty in the capital markets, the de-risking and de-leveraging of our balance sheet is our highest priority. These settlements represent positive and tangible steps towards that goal. We have now successfully commuted five CDO transactions representing $4.9 billion of notional exposure including three of the CDO-squared transactions that had been widely perceived to be the riskiest segment of our CDO portfolio. I am confident that further progress towards remediation of our book will be achieved.”
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. (NYSE: ABK - News) (Ambac) today announced that it has commuted two CDO of CDO of ABS (commonly referred to as CDO-squared) exposures and two high grade CDO of ABS exposures. The four transactions, with an aggregate of approximately $3.5 billion notional outstanding at September 30, 2008, were settled with counterparties in exchange for a total cash payment by Ambac Assurance Corporation (AAC) of $1.0 billion. The two CDO-squared transactions originally comprised collateral consisting of A-rated CDO of ABS tranches, and the two high grade CDO of ABS exposures originally comprised collateral consisting of asset-backed securitizations rated A- or higher. Most of the collateral had been downgraded to below investment grade since the inception of the transactions. All four of the transactions had been internally downgraded to below investment grade.
s a result of the settlements, Ambac expects to record positive adjustments to its aggregate mark-to-market and impairment reserves. In addition, the stress case losses in the rating agency capital models for these transactions combined exceeded AAC’s final payments; therefore, the settlements will result in an improved rating agency capital position for AAC.
“My immediate focus as Ambac’s new CEO is to restore confidence in our balance sheet through aggressive risk reduction,” said David Wallis, Ambac’s Chief Executive Officer. “Ambac has consistently emphasized that in this period of extreme uncertainty in the capital markets, the de-risking and de-leveraging of our balance sheet is our highest priority. These settlements represent positive and tangible steps towards that goal. We have now successfully commuted five CDO transactions representing $4.9 billion of notional exposure including three of the CDO-squared transactions that had been widely perceived to be the riskiest segment of our CDO portfolio. I am confident that further progress towards remediation of our book will be achieved.”
wovon redet hier??
die haben bei mir mit 0,76 dollar geschlossen..:-(
die haben bei mir mit 0,76 dollar geschlossen..:-(
WOW echt hammernews!!
Freu mich schon auf Morgen.
Freu mich schon auf Morgen.
Antwort auf Beitrag Nr.: 36.010.922 von Riccardo22 am 19.11.08 23:38:36guck mal hier
http://finance.google.com/finance?q=NYSE%3AABK
http://finance.google.com/finance?q=NYSE%3AABK
Antwort auf Beitrag Nr.: 36.010.929 von sneake am 19.11.08 23:39:52Ja super News. Ambac lebt und ist neu geboren :-) . Wer hätte das gedacht. Alles wird gut. Ich bleibe . . .
Man ey.das fällt das Ding um 33% nach nem downgrade und megaschlechten Markt und nun bringen die nach Börsenschluß so ne Hammernews und das teil steigt wieder über 30% nachbörslich.
Antwort auf Beitrag Nr.: 36.010.964 von sneake am 19.11.08 23:45:56sorry meint über 40%
Antwort auf Beitrag Nr.: 36.010.958 von fortuna924 am 19.11.08 23:44:56Das könnt ein fest werden wenn noch der gesamtmarkt mitspielt.
Ich glaube morgen sind 100% drin vom tief. Das wären 1,52$ Könnte wirklich passieren. Gerade bei dem Markt. Morgen wollen alle rein. Schau wo Ambac vor einer Woche stand
Antwort auf Beitrag Nr.: 36.011.009 von fortuna924 am 19.11.08 23:56:43Der neue Ceo will wohl radikal durchgreifen um das Vertrauen wieder herzustellen.
"I am confident that further progress towards remediation of our book will be achieved."
"I am confident that further progress towards remediation of our book will be achieved."
Aktuelle MK derzeit 218 mio Da ist viel platz nach oben.
Antwort auf Beitrag Nr.: 36.011.031 von sneake am 20.11.08 00:02:101,14 plus 50% :-) . Da ist noch genug Platz. ;-)
für mich war ambac bisher auch ein goldesel - einmal zu 0,75 rein und zu 6 Euro raus und jetzt das gleiche nochmal ??
Auf diesem irren markt ist nichts mehr unmöglich
Auf diesem irren markt ist nichts mehr unmöglich
Antwort auf Beitrag Nr.: 36.011.043 von fortuna924 am 20.11.08 00:04:31 Das wird ne Eröffnung morgen früh werden hier.
Hoffe das hält bis Börsenschluß an.Ziemlich ausgebombt wurde sie ja.Mal sehen wie hoch es diesmal läuft.beim letzen tief anfang juli gings bis 8 hoch.
Hoffe das hält bis Börsenschluß an.Ziemlich ausgebombt wurde sie ja.Mal sehen wie hoch es diesmal läuft.beim letzen tief anfang juli gings bis 8 hoch.
Antwort auf Beitrag Nr.: 36.010.986 von sneake am 19.11.08 23:50:06
ihr glaubt doch nicht ehrlich, dass hier morgen eine
kursralley stattfindet ?
vielleicht kurzfristig, aber der trend zeigt gen süden
der markt ist sowas von schwach....und ein ,,warten,, weiterer
massnahmen zur rettung der mobilbranche, bis zum 20.1. wird
sich als wahrlich katastrophal zeigen
wenn DIE 3 pleite gehen, dann gibt es ne apokalypse
das volumen nachbörslich ist zu gering um eine ralley zu bekommen
erstaunlicherweise ging das teil im amiland dann ab, als hensel+gretel in alemanie geschlossen hat
hier wird gleich morgens zur eröffnung wohl wieder abverkauft
warum sollte AMBAC gegen den trend abgehen wie schmitz katze ?
ich sitze hier lieber aufm sofa und schaue einfach mal......
ihr glaubt doch nicht ehrlich, dass hier morgen eine
kursralley stattfindet ?
vielleicht kurzfristig, aber der trend zeigt gen süden
der markt ist sowas von schwach....und ein ,,warten,, weiterer
massnahmen zur rettung der mobilbranche, bis zum 20.1. wird
sich als wahrlich katastrophal zeigen
wenn DIE 3 pleite gehen, dann gibt es ne apokalypse
das volumen nachbörslich ist zu gering um eine ralley zu bekommen
erstaunlicherweise ging das teil im amiland dann ab, als hensel+gretel in alemanie geschlossen hat
hier wird gleich morgens zur eröffnung wohl wieder abverkauft
warum sollte AMBAC gegen den trend abgehen wie schmitz katze ?
ich sitze hier lieber aufm sofa und schaue einfach mal......
NEW YORK, Nov 19 (Reuters) - Ambac Financial Group (ABK.N: Quote, Profile, Research, Stock Buzz) said on Wednesday it has reached an agreement with counterparties to tear up $3.5 billion of its exposures to risky mortgage backed debt, which will improve its capital position.
The bond insurer, whose business has virtually dried up since its insurance arm Ambac Assurance Corp lost its top "AAA" ratings in June, said it paid $1 billion to terminate the exposures it had from selling protection on the assets through Collateralized Debt Obligations (CDOs).
"It's a positive deal for Ambac," said David Havens, desk analyst at UBS in Stamford, Connecticut. "At the end of the day Ambac would probably have had to pay more than $3.5 billion to its counterparties, though that would have happened over a longer period of time."
The company said it expects to be able to make positive adjustments to its mark-to-market and impairment reserves as a result of the settlements.
"Ambac has consistently emphasized that in this period of extreme uncertainty in the capital markets, the de-risking and de-leveraging of our balance sheet is our highest priority," Chief Executive David Wallis said in the release. "These settlements represent positive and tangible steps towards that goal."
Standard & Poor's cut its ratings on Ambac and its insurance arm Assurance earlier on Wednesday, saying the company remains exposed to heavy losses on U.S. mortgage-related securities.
The agency cut its financial strength rating on Ambac Assurance three notches to "A," or the sixth-highest investment grade.
Earlier this month Moody's Investors Service cut Ambac Assurance four notches to "Baa1," the third-lowest investment grade, from "Aa3."
The bond insurer, whose business has virtually dried up since its insurance arm Ambac Assurance Corp lost its top "AAA" ratings in June, said it paid $1 billion to terminate the exposures it had from selling protection on the assets through Collateralized Debt Obligations (CDOs).
"It's a positive deal for Ambac," said David Havens, desk analyst at UBS in Stamford, Connecticut. "At the end of the day Ambac would probably have had to pay more than $3.5 billion to its counterparties, though that would have happened over a longer period of time."
The company said it expects to be able to make positive adjustments to its mark-to-market and impairment reserves as a result of the settlements.
"Ambac has consistently emphasized that in this period of extreme uncertainty in the capital markets, the de-risking and de-leveraging of our balance sheet is our highest priority," Chief Executive David Wallis said in the release. "These settlements represent positive and tangible steps towards that goal."
Standard & Poor's cut its ratings on Ambac and its insurance arm Assurance earlier on Wednesday, saying the company remains exposed to heavy losses on U.S. mortgage-related securities.
The agency cut its financial strength rating on Ambac Assurance three notches to "A," or the sixth-highest investment grade.
Earlier this month Moody's Investors Service cut Ambac Assurance four notches to "Baa1," the third-lowest investment grade, from "Aa3."
Antwort auf Beitrag Nr.: 36.011.051 von cartagena am 20.11.08 00:07:11Wir werden sehen.hab einen sehr guten EK und den werd ich garantiert morgen überschreiten.der rest wird sich zeigen.
Antwort auf Beitrag Nr.: 36.011.051 von cartagena am 20.11.08 00:07:11wie lange arbeitet ihr eigentlich
Antwort auf Beitrag Nr.: 36.011.051 von cartagena am 20.11.08 00:07:11Und 1 Milliarde cash zu bekommen find ich schon ne gute News.
1,25$ . Das wird ein Fest morgen. Und nicht nur morgen. :-)
marc, paco und zipp
schlaft ihr schon
das Gesicht möchte ich morgen sehen
schlaft ihr schon
das Gesicht möchte ich morgen sehen
Antwort auf Beitrag Nr.: 36.011.112 von vermutung am 20.11.08 00:20:03Die pennen schon und bekommen gar nix mit von ihren glück.
Antwort auf Beitrag Nr.: 36.011.102 von fortuna924 am 20.11.08 00:17:16stelle doch bitte mal den link rein
http://finance.google.com/finance?q=NYSE%3AABK
After Hours: 1.150 +0.390 (51.32%)
http://finance.google.com/finance?q=NYSE%3AABK
After Hours: 1.150 +0.390 (51.32%)
Ich auch . Cool
Antwort auf Beitrag Nr.: 36.011.123 von vermutung am 20.11.08 00:23:19After Hours: 1.150 +0.390 (51.32%)
was denkt ihr wird morgen passieren??
Hab scheinbar zum 2 ten mal das richitge näsche. Hab damals auch für 1,40 gekauft und ging bis 5....
jetzt bin ich bei 0,85 reingegangen...:-)
sollte man morgen wieder verkaufen oder ist ein nachhaltiger anstieg denkbar??
gruß
denke ich setz morgen gleich ein SL.
Hab scheinbar zum 2 ten mal das richitge näsche. Hab damals auch für 1,40 gekauft und ging bis 5....
jetzt bin ich bei 0,85 reingegangen...:-)
sollte man morgen wieder verkaufen oder ist ein nachhaltiger anstieg denkbar??
gruß
denke ich setz morgen gleich ein SL.
So jungens.ich hau mich jetzt hin.der letzte könnte ja noch einmal die news reinsetzen damit die frühschicht gleich was zu lesen morgen hat.
danke und gute nacht
danke und gute nacht
Wieviele werden short sein :-) und müssen sich jetzt wieder eindecken
Antwort auf Beitrag Nr.: 36.011.148 von fortuna924 am 20.11.08 00:33:39Hui bin ich wohl der letzte der das licht aus macht.
hier die shortliste:
http://www.shortsqueeze.com/?symbol=abk&submit=Short+Quote%9…
hier die shortliste:
http://www.shortsqueeze.com/?symbol=abk&submit=Short+Quote%9…
Licht aus.
Press Release Source: Ambac Financial Group, Inc.
Ambac Commutes Approximately $3.5 Billion of CDO Exposure for Cash Settlement of $1 Billion
Wednesday November 19, 5:11 pm ET
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. (NYSE: ABK - News) (Ambac) today announced that it has commuted two CDO of CDO of ABS (commonly referred to as CDO-squared) exposures and two high grade CDO of ABS exposures. The four transactions, with an aggregate of approximately $3.5 billion notional outstanding at September 30, 2008, were settled with counterparties in exchange for a total cash payment by Ambac Assurance Corporation (AAC) of $1.0 billion. The two CDO-squared transactions originally comprised collateral consisting of A-rated CDO of ABS tranches, and the two high grade CDO of ABS exposures originally comprised collateral consisting of asset-backed securitizations rated A- or higher. Most of the collateral had been downgraded to below investment grade since the inception of the transactions. All four of the transactions had been internally downgraded to below investment grade.
As a result of the settlements, Ambac expects to record positive adjustments to its aggregate mark-to-market and impairment reserves. In addition, the stress case losses in the rating agency capital models for these transactions combined exceeded AAC’s final payments; therefore, the settlements will result in an improved rating agency capital position for AAC.
“My immediate focus as Ambac’s new CEO is to restore confidence in our balance sheet through aggressive risk reduction,” said David Wallis, Ambac’s Chief Executive Officer. “Ambac has consistently emphasized that in this period of extreme uncertainty in the capital markets, the de-risking and de-leveraging of our balance sheet is our highest priority. These settlements represent positive and tangible steps towards that goal. We have now successfully commuted five CDO transactions representing $4.9 billion of notional exposure including three of the CDO-squared transactions that had been widely perceived to be the riskiest segment of our CDO portfolio. I am confident that further progress towards remediation of our book will be achieved.”
Press Release Source: Ambac Financial Group, Inc.
Ambac Commutes Approximately $3.5 Billion of CDO Exposure for Cash Settlement of $1 Billion
Wednesday November 19, 5:11 pm ET
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. (NYSE: ABK - News) (Ambac) today announced that it has commuted two CDO of CDO of ABS (commonly referred to as CDO-squared) exposures and two high grade CDO of ABS exposures. The four transactions, with an aggregate of approximately $3.5 billion notional outstanding at September 30, 2008, were settled with counterparties in exchange for a total cash payment by Ambac Assurance Corporation (AAC) of $1.0 billion. The two CDO-squared transactions originally comprised collateral consisting of A-rated CDO of ABS tranches, and the two high grade CDO of ABS exposures originally comprised collateral consisting of asset-backed securitizations rated A- or higher. Most of the collateral had been downgraded to below investment grade since the inception of the transactions. All four of the transactions had been internally downgraded to below investment grade.
As a result of the settlements, Ambac expects to record positive adjustments to its aggregate mark-to-market and impairment reserves. In addition, the stress case losses in the rating agency capital models for these transactions combined exceeded AAC’s final payments; therefore, the settlements will result in an improved rating agency capital position for AAC.
“My immediate focus as Ambac’s new CEO is to restore confidence in our balance sheet through aggressive risk reduction,” said David Wallis, Ambac’s Chief Executive Officer. “Ambac has consistently emphasized that in this period of extreme uncertainty in the capital markets, the de-risking and de-leveraging of our balance sheet is our highest priority. These settlements represent positive and tangible steps towards that goal. We have now successfully commuted five CDO transactions representing $4.9 billion of notional exposure including three of the CDO-squared transactions that had been widely perceived to be the riskiest segment of our CDO portfolio. I am confident that further progress towards remediation of our book will be achieved.”
Antwort auf Beitrag Nr.: 36.011.148 von fortuna924 am 20.11.08 00:33:39Ich denke auch das es jetzt erst richtig aufwärts geht. Das Tief von 0,76 Dollar! sollte jetzt der Vergangenheit angehören!!! Vielleicht wussten Goldman Sachs und Citigroup die heutige Info vom CEO vorher und haben sich die letzte Woche eingedeckt. Gut Paco,zip und all die anderen Geduldigen das ihr nicht die Reissleine gezogen habt
Antwort auf Beitrag Nr.: 36.011.089 von vermutung am 20.11.08 00:15:05
Schichtwechsel!!!
Das "SCL"-ES hatte wohl um 22:00 Feierabend... Ob es wohl die 10 Minuten, die es darüberhinaus online war, vergütet bekommt?
Übrigens: sehr bedauerlich, dass der "faire player" nicht mehr mitspielen darf... Obwohl... wenn der bei ca. 5€ short gegangen ist, wird er sich wohl vor lauter brüllen auf die Schenkel klopfen...
Schichtwechsel!!!
Das "SCL"-ES hatte wohl um 22:00 Feierabend... Ob es wohl die 10 Minuten, die es darüberhinaus online war, vergütet bekommt?
Übrigens: sehr bedauerlich, dass der "faire player" nicht mehr mitspielen darf... Obwohl... wenn der bei ca. 5€ short gegangen ist, wird er sich wohl vor lauter brüllen auf die Schenkel klopfen...
Antwort auf Beitrag Nr.: 36.010.444 von marcanthony am 19.11.08 22:21:14@marc
Ne, lieber nicht.
Habe selbst eine "negative" Vorgeschichte bei den Admins - News veröffentlichen und engl. Texte ins Deutsche übersetzen verstehen die nämlich als Werbung machen!
Bin deshalb schon 2x in kurzer Zeit gemahnt worden...
Ne, lieber nicht.
Habe selbst eine "negative" Vorgeschichte bei den Admins - News veröffentlichen und engl. Texte ins Deutsche übersetzen verstehen die nämlich als Werbung machen!
Bin deshalb schon 2x in kurzer Zeit gemahnt worden...
Antwort auf Beitrag Nr.: 36.011.112 von vermutung am 20.11.08 00:20:03marc, paco und zipp
schlaft ihr schon
das Gesicht möchte ich morgen sehen
Na hättest du eine Freude gehabt!!
Den Grinser hättest du sehen müssen... Vom einen Ohr zum Anderen!
Ach übrigens:
Guten Morgen, guten Morgen an Alle hier...
schlaft ihr schon
das Gesicht möchte ich morgen sehen
Na hättest du eine Freude gehabt!!
Den Grinser hättest du sehen müssen... Vom einen Ohr zum Anderen!
Ach übrigens:
Guten Morgen, guten Morgen an Alle hier...
vermutung, sneake...
schlaft ihr noch...???
Schichtwechsel:
Buy on bad news - sell on good news
Wer das gestern gemacht hat, ist zumindest schon mal dabei.
Ich wünsche ALLEN einen schönen, grünen Tag.
Behaltet die Nerven und geht nicht zu short... Aber jeder wie er will natürlich.
schlaft ihr noch...???
Schichtwechsel:
Buy on bad news - sell on good news
Wer das gestern gemacht hat, ist zumindest schon mal dabei.
Ich wünsche ALLEN einen schönen, grünen Tag.
Behaltet die Nerven und geht nicht zu short... Aber jeder wie er will natürlich.
morgen zip & paco und an den rest
...naja totgesagte leben manchmal länger
das sind mal vernünftige news, damit dürfte das tief zunächst mal geschichte sein, leider bin ich gestern nicht rein obwohl es verlockend war, hätte nicht damit gerechnet dass die nb noch so eine news veröffentlichen
aber !!! allen die hoffen wir sehen wieder den bereich von 3 5 oder 10$ kann ich nur sagen das wird nichts, die vorzeichen haben sich seit juli massiv verschlechtert, das rating ist saumiserabel und es kommt auch kein neugeschäft
prognose ist max ein anstieg auf 1,5 - 2,5$ und ob der nachhaltig ist kann ich auch nicht einschätzen
good luck an alle
...naja totgesagte leben manchmal länger
das sind mal vernünftige news, damit dürfte das tief zunächst mal geschichte sein, leider bin ich gestern nicht rein obwohl es verlockend war, hätte nicht damit gerechnet dass die nb noch so eine news veröffentlichen
aber !!! allen die hoffen wir sehen wieder den bereich von 3 5 oder 10$ kann ich nur sagen das wird nichts, die vorzeichen haben sich seit juli massiv verschlechtert, das rating ist saumiserabel und es kommt auch kein neugeschäft
prognose ist max ein anstieg auf 1,5 - 2,5$ und ob der nachhaltig ist kann ich auch nicht einschätzen
good luck an alle
Morgen Ambacianer
so schaun wir mal was der tag bringt.ob die eröffnung bei 0,90 beginnt?wenn man den nachbörslichen kurs anschaut könnte es gut hinkommen.
@marcantony
was war mit diesen verfallstag?heut oder morgen!!das könnte noch extra ne zündung geben was?
Ebenso unser beathe uhse kandidat der noch gestern angeblich short gegangen ist.
so schaun wir mal was der tag bringt.ob die eröffnung bei 0,90 beginnt?wenn man den nachbörslichen kurs anschaut könnte es gut hinkommen.
@marcantony
was war mit diesen verfallstag?heut oder morgen!!das könnte noch extra ne zündung geben was?
Ebenso unser beathe uhse kandidat der noch gestern angeblich short gegangen ist.
Antwort auf Beitrag Nr.: 36.011.594 von sneake am 20.11.08 08:20:49verfallstag ist morgen, denke mal aber dass sich die shorties bereits heute eindecken, weiß allerdings nicht ob dass so auf abk zutrifft, zumindest bei den financials wird das so sein
Antwort auf Beitrag Nr.: 36.011.594 von sneake am 20.11.08 08:20:49Moin, auch schon wieder da
Umrechnungskurs wäre so ca. 0,93 €. Glaube bis zur Börseneröffnung in US werden wir bei 1 € stehen.
Wie gestern schon geschrieben, bei dem Marktumfeld werden viele in Ambac reingehen, weil es mit die einzige Aktie ist , die steigen wird
Umrechnungskurs wäre so ca. 0,93 €. Glaube bis zur Börseneröffnung in US werden wir bei 1 € stehen.
Wie gestern schon geschrieben, bei dem Marktumfeld werden viele in Ambac reingehen, weil es mit die einzige Aktie ist , die steigen wird
Moin Leute Zipp Marc sneake magic vermutungund alle anderen abk-cooler
das war ein Abend, ich hatte gestern nach Börsenschluss nur die
0,76 gesehen und gedacht, na ja das wars dann ins Klo gegriffen, PC aus und echt beschissen geschlafen, ich dachte mir wie kann man nur in solchen Zeiten überhaupt noch investiert sein ich weiiss ja nicht wieviel shares jeder einzelne von euch hat aber ich habe ne Menge und die haben gestern meinen Durchschnitkurs unterschritten,
habe mir echt Gedanken gemacht und war sehr entäuscht dass ich nicht verkauft hatte,dachte mir schon slc und andere haben hier anscheinend den Durchblick und zipp marc paco und Konsorten sind hier die Vollpfosten, und jetzt dieser nachbörsliche Jump,pammm
ich glaube es noch immer nicht
eins habe ich definitiv gelernt in diesen letzten Monaten
cool bleiben
slc muss jetzt schwitzen oder hat er nicht geschrieben dass er short ist, wenn ja musss er ja jetzt auf Verlusten sitzen, eigentlich gönne ich Ihm es nicht aber in diesem Falle und er hat es uns die ganze Zeit vorgemacht lache ich jetzt auchmal slc der Vollpfosten:
Grüße
Paco
das war ein Abend, ich hatte gestern nach Börsenschluss nur die
0,76 gesehen und gedacht, na ja das wars dann ins Klo gegriffen, PC aus und echt beschissen geschlafen, ich dachte mir wie kann man nur in solchen Zeiten überhaupt noch investiert sein ich weiiss ja nicht wieviel shares jeder einzelne von euch hat aber ich habe ne Menge und die haben gestern meinen Durchschnitkurs unterschritten,
habe mir echt Gedanken gemacht und war sehr entäuscht dass ich nicht verkauft hatte,dachte mir schon slc und andere haben hier anscheinend den Durchblick und zipp marc paco und Konsorten sind hier die Vollpfosten, und jetzt dieser nachbörsliche Jump,pammm
ich glaube es noch immer nicht
eins habe ich definitiv gelernt in diesen letzten Monaten
cool bleiben
slc muss jetzt schwitzen oder hat er nicht geschrieben dass er short ist, wenn ja musss er ja jetzt auf Verlusten sitzen, eigentlich gönne ich Ihm es nicht aber in diesem Falle und er hat es uns die ganze Zeit vorgemacht lache ich jetzt auchmal slc der Vollpfosten:
Grüße
Paco
Antwort auf Beitrag Nr.: 36.011.656 von fortuna924 am 20.11.08 08:36:06na mal sehen vieleicht bekommt man gleich mit dem ersten kurs noch paar "billig" Shares.
mich wundert die kursfeststellung in stu und fra
Frankfurt 15 Min. verzögert 19.11.08 Kurs € Zeit Volumen
Geld 0,585 08:09:59 4.500 Stk.
Brief 0,608 08:09:59 4.500 Stk.
Letzter 0,658 19:47:45 450 Stk.
Realtime aktivieren
Realtime-Kurs19.11.08 Kurs € Zeit Volumen
Geld 0,586 08:35:45 5.000 Stk.
Brief 0,608 08:35:45 5.000 Stk.
Frankfurt 15 Min. verzögert 19.11.08 Kurs € Zeit Volumen
Geld 0,585 08:09:59 4.500 Stk.
Brief 0,608 08:09:59 4.500 Stk.
Letzter 0,658 19:47:45 450 Stk.
Realtime aktivieren
Realtime-Kurs19.11.08 Kurs € Zeit Volumen
Geld 0,586 08:35:45 5.000 Stk.
Brief 0,608 08:35:45 5.000 Stk.
Antwort auf Beitrag Nr.: 36.011.677 von marcanthony am 20.11.08 08:39:11so ähnlich hatte ich es schon mal bei der generex erlebt.extrem gefallen nachbörslich news und dann extrem gestiegen aber die makler hier habens ned gerafft und haben zum Schlußkurs eröffnet damals.ich hab dann gleich die gunst der studne genutzt und bin rein und nach und nach ist das ding dann gestiegen.
obs hier so geht bleibt abzuwarten.
obs hier so geht bleibt abzuwarten.
Frankfurt taxt schon 0,87/0,091
Antwort auf Beitrag Nr.: 36.011.677 von marcanthony am 20.11.08 08:39:11sind noch die Kurse von gestern
bei Consors 0,80 zu 1
Antwort auf Beitrag Nr.: 36.011.697 von sneake am 20.11.08 08:42:14ja jetzt haben sie es geändert
meine order haben sie leider nicht zu 0,608 € ausgeführt ....shit
meine order haben sie leider nicht zu 0,608 € ausgeführt ....shit
Moin Marc
otc 0,80 zu 1 euro
otc 0,80 zu 1 euro
Antwort auf Beitrag Nr.: 36.011.677 von marcanthony am 20.11.08 08:39:11zum otc active trader schreib ich Dir noch was
Antwort auf Beitrag Nr.: 36.011.692 von sneake am 20.11.08 08:41:38hab ich auch schon mal erlebt bei mir lief es bloss anders
über consors morgens Aktien zu 4 verkauft auf xetra
dann gleich danach zu 3 in Frankfurt wieder gekauft dann ist der KUrs auf 4,00 gegangen über den Tag,gucke Abends in mein Konto und sehe dass eine Rückabwicklung stattgefunden hat,ich mich beschwert und als Aussage habe ich bekommen dass der Makler wohl den Kurs falsch reingesteellllt hat und er das Recht hat die Order zu stornieren
über consors morgens Aktien zu 4 verkauft auf xetra
dann gleich danach zu 3 in Frankfurt wieder gekauft dann ist der KUrs auf 4,00 gegangen über den Tag,gucke Abends in mein Konto und sehe dass eine Rückabwicklung stattgefunden hat,ich mich beschwert und als Aussage habe ich bekommen dass der Makler wohl den Kurs falsch reingesteellllt hat und er das Recht hat die Order zu stornieren
Antwort auf Beitrag Nr.: 36.011.796 von pacoraban am 20.11.08 08:55:45 Das ist ja ne sauerei!!Als kleiner ist man wohl immer am arsch.genauso gut hätte ich gestern sagen können.hey meine order war paar minuten zu frühzeitig eingeben ich wollte sie erst 5 minuten später machen.
Es geht los.
RT 0,90 +36%
RT 0,90 +36%
Antwort auf Beitrag Nr.: 36.011.796 von pacoraban am 20.11.08 08:55:45morgen zusammen
wer kommentiert news,habe nich ganz verstanden mit 3,5 bzw 1 miliarde
wer kommentiert news,habe nich ganz verstanden mit 3,5 bzw 1 miliarde
bid 0,93 ask 0,98
meine empfehlung heute ist merrill (852935), mit kauf durch BAC (1 merrill = 0,8595 bac) ist heute ein hebel von 15% drin d.h. selbst wenn bac auf 8,95 € (derzeit 10,4€)fällt ist es noch +/-0
ist aber auch ne long geschichte, ich habe jedenfalls zugeschlagen
ist aber auch ne long geschichte, ich habe jedenfalls zugeschlagen
~ +45%...
Ob das noch mehr wird für Freitag...
Ob das noch mehr wird für Freitag...
weiß jemand den aktuellen cashbestand von ambac?muß ja ned viel sein immerhin hatten sie davor nen downgrade bekommen.
Antwort auf Beitrag Nr.: 36.012.272 von sneake am 20.11.08 09:47:25die hatte 194m$ per ende Q3
dann 3mrd$ aus tochter rübergeholt, ok kam vom regulator
dann 3mrd$ aus tochter rübergeholt, ok kam vom regulator
Antwort auf Beitrag Nr.: 36.012.308 von marcanthony am 20.11.08 09:50:51und was ist dem geld aus der kapitalerhöhung?sollten doch auch 1,5 milliarden sein hatte ich im hinterkopf.sind die schon verbraten?
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