We have told investors and traders worldwide what it would take the start the rally and this here has to stop and bottom out for the markets to look forward as they have no clarity and therefore the selling keeps up.
We are going to be teach people how this works going forward in our SMF Economic Club you can sign up now by sending an email to info@stockmarketfunding.com or by calling us today at 702-685-0772 we will be happy to update you so that you can start planning your futures moving forward.
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Reuters.com reports the co's loss-making carmaker Saab Automobile on Friday sought legal protection from creditors to allow it to restructure and seek new funding for continued production. Saab made a loss of about 3 billion Swedish crowns ($340.1 million) in 2008, according to documents filed by the company with a Swedish court. It expects a similar loss this year, blaming falling demand, aging products, excess capacity and high costs. "We explored and will continue to explore all available options for funding and/or selling Saab, and it was determined a formal reorganization would be the best way to create a truly independent entity that is ready for investment," Saab Managing Director Jan-Ake Jonsson said in a statement. Saab said its reorganization plans included concentrating production and that it would seek funding from public and private sources during the reorganization process. In its court filing, Saab said GM has said it "would not fund further the projected losses of the company (Saab)," but would provide liquidity for the company to pursue a reorganization.
Prepare yourself for the "New Economy"