Recent content by imac76

SAC is different then most HFs. He employs many traders who trade their own book exclusivley using many different stategies. Most funds rely on the stock picks of the PMs.

This is the exact quote from UAL's 10k filing.... "We believe that UAL's presently outstanding equity securities will have no value and its expected that those securities will be cancelled under any plan of reorganization that we propose. For this reason we urge that caution be exercised...