
Max Powers Says... You can be rich if you get High!
by Max Powers
Tuesday, February 16th, 2010
New York, NY
Views: 11,165
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Well, well, it seems as though I was right after all. Let me start off by telling you the most economic training I ever had was in High School, an most of the time I was either stoned or drunk or both. However, I do feel that I have always had a niche in watching trends in markets and media, and this past year I put my money where my mouth is and decided to try my hand at the stock market.
The thing that peaked my interest was watching the stock numbers running past the little ticker on CNBC and Fox Business and noticing a few prices on some stocks I thought should have been a bit pricier than they were, these two stocks in particular were Citigroup, and Sirius XM.
I noticed Sirius(SIRI if your looking for it's ticker name) sink to a low of .07 cents last February, today it's closing around .96 cents…now I didn't buy in until March, but I still got in at .27cents a share, so if your quick with math you will see that I tripled my money in just under a year.
Now Citigroup, I bought in at $2.27 an share and today it's closing around $3.22..still good money. And why is this happening?, because of the grand Obama and his bailouts!!! Fuck yeah, I love this new socialist nation, bailouts are my jam!
I still recommend buying in to Sirius, my prediction is they will top around $2.60 in mid march. My other predictions are Fannie Mae and Freddie Mac, both hovering a bit over a dollar right now, these tow are some of the biggest firms in the nation and the Gov't is sure to bail them out before they lift a finger for you, so buy, buy!!!
That's it, not a lot to say besides, I'm rich bitch!, and you could be to, just follow the words of a 40oz drinking, weed smoking financial entrepreneur that has had better luck iwht the market in this past year than college grads on Wall Street have in the past ten.
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Last updated by Max Powers - Tuesday, February 16th, 2010 - New York, NY
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