I THINK THE MARKETS HAVE BOTTOMED!!!

NEW -> Contingent Buyer Assistance Program
Sorry to hear, Troop. Your account doesn't show the shares at all, even with 0 value? I would imagine etrade will let you list them for sale, but if not, you can probably have the shares transferred to a new account with a broker that does trade OTC. Just beware of account minimums and fees. On the bright side, the delisting was already priced into the stock.



I knew the industry was hurting, but I had no idea FLE was in such dire straits. I've been toying with getting an RV for a while, and their stuff is pretty classy.



BTW the company's site is <a href="http://phx.corporate-ir.net/phoenix.zhtml?c=63938&p=irol-stockQuote">here</a>. I dont' see bankruptcy mentioned (yet).
 
Winex, Will do. Thanks again.



D - I know ! Didn't think Fleetwood would go under....such is the economy. ETrade must not do OTC, b/c like I said, it doesn't even show me owning the shares anymore....like it never existed. I'll have to call them tomorrow. Since I work nights and sleep during the day, it's not always easy to do that....but I knew someone on here would know.
 
Update - geez. I just checked the ETrade account again. Now it is indeed showing there as FLTW, not FLE. It wasn't there at all yesterday, so perhaps it was just going through the ticker change and was in hyperspace.



Winex. Let's hear what charity you recommend.....
 
[quote author="Trooper" date=1231261960]Update - geez. I just checked the ETrade account again. Now it is indeed showing there as FLTW, not FLE. It wasn't there at all yesterday, so perhaps it was just going through the ticker change and was in hyperspace.



Winex. Let's hear what charity you recommend.....</blockquote>


I'm tempted to say Catholic Charities, they certainly do good work. But I don't think that you would feel the same. That having been said, I think the American Diabetes Association is a good choice.
 
[quote author="Trooper" date=1231258398]Moronic question:



One of my co-workers told me about FLE last week, was trading around .10 cents a share. For the heck of it, I picked up 4000 shares....just to see what would happen with it long term. I figured I'd just buy some cheap and hold onto it until the economy got better and people started to make purchases of this magnitude again. Was some bonus money I got for Xmas so it was burning a hole in my pocket anyways. ;)



So, a week after I buy it it is suddenly de-listed and is now OTC. LOL ! Jokes on me ! First of all, I have no idea what that means. Over The Counter. I have a basic understanding of what the Pink Sheets are..... but here is my moronic question of the day, and for once it's not going to be PANDA asking: (love u panda !)



Since it's now de-listed and no longer being traded on the NYSE, what happened to it? Did my $$ just go kaput ? (Rrrrrrr.....risk, reward, risk, reward......) My ETrade account is reflecting a loss of the 400 bucks now....so I think it just went up in smoke, no?



'Splain please.</blockquote>


Scary Troop, one of my good friends is the CFO of FLE. He lives just a few hundred yards from that house near the Lagoon I looked at the other day. They have not declared BK yet. There may be some hope. I hope so for his sake and yours.
 
IIRC, the last time I heard about Fleetwood, a few years ago, Buffett was buying or had just bought a slew of it for Berkshire Hathaway. At least you are in good company Sarge.

By the way, from now on Sarge, do not buy any stock less than $5. I do not know the stats, but most penny stocks go bankrupt, and the huge majority of speculators in penny stocks lose all their speculated money.
 
[quote author="awgee" date=1231283812]By the way, from now on Sarge, do not buy any stock less than $5. I do not know the stats, but most penny stocks go bankrupt, and the huge majority of speculators in penny stocks lose all their speculated money.</blockquote>


That's the same message I tried to convey with my message about throwing money in the streets. I just used a more colorful way of saying it. Penny stocks are bad news.
 
[quote author="morekaos" date=1231283222][quote author="Trooper" date=1231258398]Moronic question:



One of my co-workers told me about FLE last week, was trading around .10 cents a share. For the heck of it, I picked up 4000 shares....just to see what would happen with it long term. I figured I'd just buy some cheap and hold onto it until the economy got better and people started to make purchases of this magnitude again. Was some bonus money I got for Xmas so it was burning a hole in my pocket anyways. ;)



So, a week after I buy it it is suddenly de-listed and is now OTC. LOL ! Jokes on me ! First of all, I have no idea what that means. Over The Counter. I have a basic understanding of what the Pink Sheets are..... but here is my moronic question of the day, and for once it's not going to be PANDA asking: (love u panda !)



Since it's now de-listed and no longer being traded on the NYSE, what happened to it? Did my $$ just go kaput ? (Rrrrrrr.....risk, reward, risk, reward......) My ETrade account is reflecting a loss of the 400 bucks now....so I think it just went up in smoke, no?



'Splain please.</blockquote>


Scary Troop, one of my good friends is the CFO of FLE. He lives just a few hundred yards from that house near the Lagoon I looked at the other day. They have not declared BK yet. There may be some hope. I hope so for his sake and yours.</blockquote>


The new symbol may be trying to tell you something "FLEE"!!!
 
Some are sloooowwwllly coming around



<a href="http://www.reuters.com/article/ousiv/idUSTRE5071AI20090108">HSBC sees U.S. stocks best bets in 2009</a>
 
The tide is slowly turning



<a href="http://www.forbes.com/opinions/2009/01/12/recession-stimulus-unemployment-oped-cx_bw_0113wesburystein.html">The Most Intense Period Of The Recession Is Behind Us</a>
 
Wow!, What happened to the market today? DOW is now below 8,000 with a 5% drop across the board. The Dollar did rally strongly today.
 
[quote author="PANDA" date=1232525946]Wow!, What happened to the market today? DOW is now below 8,000 with a 5% drop across the board. The Dollar did rally strongly today.</blockquote>


I don't know if I would say the dollar rallied. It only rallied against the British pound, and the Euro. Against oil and gold, it did a big poop. I don't know the dollar rallied as much as the pound and the Euro got killed. Gold made all time highs against the pound, Euro, Loonie, and Aussie dollar.
 
[quote author="ipoplaya" date=1232536230][quote author="awgee" date=1232535650] Against oil and gold, it did a big <strong>poop.</strong> </blockquote>


Potty mouth.</blockquote>


Sorry. My bad. Sometimes I just get so excited, I forget myself.
 
[quote author="morekaos" date=1231195920]I have to admit I get pretty nervous when lots of people agree with me.



<a href="http://online.barrons.com/article/SB123094029415750267.html?mod=b_hpp_9_0002_b_this_weeks_magazine_home_top">Get Out Now! </a>



The bubble in Treasuries looks ready to pop, sending prices on government debt sharply lower. But just about every other corner of the bond market beckons -- and could provide competitive returns with stocks, even if the equity markets have a strong 2009. (Video)</blockquote>


Ahh so. Gov Bond market not so safe after all.
 
Respectfully also, although I have no idea if the bottom is in or not. I just disagree with your reasoning. The market rose on every piece of bad news from 2003 to 2007.
 
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