Recent content by POSK

Any science to trading new issues? or just wing it? IRBT is my main concern.

Given that there are traders who built billions in personal wealth. If the markets were random, guys like Stevie Cohen and Covner would have to call a coin flip right 500 straight times to build that wealth. There are random facets to the markets, but skill and foresight supercedes it.

I believe he started with $20M which were personal trading profits from Gruntal. Now he's estimated at $3B with no blow ups. So basically he's been hitting .400 his whole trading career.

whos highly levered to Macau besides the obvious casino operators

Whats up with Energy today?? coal, nat gas, oil, all getting slaughtered.

www.mcdep.com is a good resource XEC, ECA, CPK, PXD .. are majority natural gas plays. also there are trusts like SJT

I went long on NGAS @ 8 .. Im gonna let it ride. Long on FNGC as well.

Whoa .. what caused the spike today?

what was the article about?

I wonder how accrurate this forbes list is though, they left Jim Simons out, hes definitley worth $2B+. funny how even billionaires could slip thorugh the cracks and fly under the radar.

I could go to my deathbed now knowing what Stevie Cohen looks like.