Search results

Apparently Airline stocks haven't made any money since 1992. And my data only goes back to .... 1992. Does anyone has longer-term set of data on the XAL index?

Current liabilities larger than current assets. I'd have to go through their 10Ks and 10Qs to see what kind of maturity issues they have in their financial cycle. Also I'm really curious to know what are their $4B in 'short-term investments', might not be that liquid given that they could be...

I read recently 'A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers'. Can't recommend the book enough, its excellent. Now I understand what really happened in Lehman, there were a LOT of people in LEH who knew it was the top of the market and Lehman should be...

Seems that the Fed might be a bit late. XLF is down a lot from the highs, some of these banks will have a hard time raising capital and there is no backstop from TARP now. Large capital needs might take down the bank

I don't think so at all. Markets are WAY more scalable than poker. Also trading is essentially legalized gambling, there are all kinds of legal/tax headaches that poker brings. I find it more stressful as well

Soros plan to save the EU No XXII http://www.cnbc.com/id/45397501 Ceilings on bond yields

Just covered a bit of EWH short on the open. Also shorted a bit FMCN. I'm not entirely sure Muddy Waters is correct here. The seem 100% right management is corrupt, the question is whether the core business is crap and is being hidden by them or whether they are milking the cow. After...

When the person on ignore replies to a thread I still get an email update

Its more like its the other way around :p

I'm probably net long on risk assets right now

I've noticed that when the EUR goes down against the USD it tends to go up by almost the same amount agains the SEK and NOK. Which makes me think there is some kind of low risk trade here. I'm currently short against the SEK and USD(covered on the NOK). The P&L is flat most days but I have a...

But aren't you factoring in that the depressed stock price of CBK already expects some dillution? I like shorting financials in 2 cases -A bit after you believe they are peaking(Say Jan 2008) -When they are going to $0 I'm not a fan of shorting a already depressed financial if I don't...

Are you sure about that?In my experience that ones that goes down the most tend to squeeze the most(ala FNM FRE), that is unless their existence is under threat I didn't look at the stress tests in detail bank by bank before but I did this morning. My conclusion is that if you want to make...

As far as LYG goes. I can't find anything troubling in the stress tests in terms of sov exposures. Are they exposed to banks that are exposed to sov haircuts?

Did you select them by going through the stress tests and seeing which ones are the most exposed to probable haircuts? Looking at the tests it doesn't seem that RBS is very exposed. Their main exposure is Italy but if my math is correct, it's not even 20% of their Tier 1 capital

Which european banks are you short currently?

Any others?

You are a genius. Its working now

I'm not sure the market agrees with that. In case of Japanese turmoil you could unload the CDS at far higher prices Call it the greater fool theory but you still can make some dough on Sov CDS even if they never payout

I'm not even using the API. This is a different strategy, not Opening orders. The Modify mutiple orders from TWS will not update the order without real time data