October 06, 2009

USA market

Hi all,
From this week onward US company will start to report out their performance for the quarter and outlook for 2010, As usual the market will be volatile. Grab a wood if you still in the sea of share market or part your boat to the jeti and take a rest.

One interesting discussion we had yesterday on  CIT RF stock, People say this is once in the life time to buy such a low pricing stock but the risk is this company may file chapter 11 in USA(Bankrupt protection) to gain 1 year time to restructure. The date for this company to announce will be on 29/Oct2009.

Will you take the risk ?? Can be digital "1"  or "0"

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