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I would agree with you Ivan on most occasions. Article said the SEC was investigating and quoted a SAC lawyer. If you have ever had any dealings with regulators there is one thing you know: you do not lie to FINRA, SEC or Justice Dept. You jeopardize your firms future as well as your own. Just...

Did you read your own article? SAC did NOT act on information it received and according to their own compliance dept lawyer were actually BUYING shares at the time in question. An attorney would not say this if he did not have the records to back this up.

It's not as amazing as you might think. Earnings are due at 4pm. The fastest place to get the actual press release is from the website. Headlines tend to come out on newswires, but the press release is what you want. All conference call participants are connected via the website. A webcast with...

Bird, To answer your question about losses, in any type of arrangement with your own capital up and near 100% payout the losses are yours - 100%. Rightly so though, they are in a low margin biz and are not betting on you, just facilitating you and offering huge leverage. Assent and Hold...

This is such a crock. The best tables in restaurants are saved for the best customers. If GS has 'trading' calls for their best customers and you want them then go to their 'restaurant' often. I was an institutional customer and their trading calls stood out no more than anyone elses. I can tell...

US equities are open from 6am to 8pm. Have you ever tried to put in an order in these times? You cannot route it to an exchange obviously, have you tried routing to ARCA during off hours? Pre-open things tend to move. Post-hours only if there is news or earnings for the most part.

There is so much doom and gloom on ET these days you'd never know that say Nasdaq is UP 26% on the year. I know there are real concerns out there, I am concerned about bank failures and commercial loan losses and $9tril in debt. However, relative to panics and crashes in our history I'm not sure...

You're like Cicero, a clairvoyant! You had 10 out of 10 winners at Saratoga the other day. WOW, I did the permutations and combinations on that and did you know the odds of that with 10 horses in each race is 3,700,000 to 1! Keep up the good work . . . p.s. We will forget the fact that...

Monday is month end. This thing will be marked higher by fast money guys. I would not be surprised if we took out $60.

Stock, What'd I miss? AIG goes up every day. Until it stops me out on a close, I'm in it. As in another thread today on rules, price is the only thing that matters. What is $50.45 close today telling you?

Not as bearish and in a panic as this guy that wrote that article. Everywhere I see projections for 2050, not just 2016 like in article, for entitlements (medicare, medicaid and social security) to be about 18% of GDP. That is up from about 8% now. Not that I agree with Krugman that if...

Its going up for one reason: there are more buyers than sellers. Up $6 to $54. Traded at $55.90. Adding to long until someone tells me why it will go down other than 'reverse selling pressure'.

Dell accidently posted its 2Q results on their website about 10 minutes before the close. They were supposed to report after the close. They immediately took it down, then fired off the press release to news wires about 3.55pm when they saw their stock up about .60 cents and that some people...

Is that based on technical analysis, fundamentals or emotion? Seriously. When I worked in a bank and hedge funds, you couldn't just walk into the bosses office and say 'this is a piece of s4it, its going lower', because he would ask you: why? Trading a stock, or on a day like today in the...

I know this thing is said to be impossible to value. If we tried with what's available on Edgar at this point, they have $50bil of intangible net assets. With a $6bil market cap they are trading at just over 10% of book value. You would have to imagine the $180bil 'loan' from govt is included in...

I think everyone listens too much to the commentators on tv. Stock at $2.45 (pre split) is still too cheap I'm guessing. When it trades 150mm shares and the float is 130mm its not just shorts covering. The same things were said about Citi at that level. C took out $5 today. $5 in AIG would be...

Has any analyst put a valuation on AIG? We know they owe $80bil+ or whatever to govt. Mkt cap is $5bil. They are doing an IPO in Asia for $4bil. Is the remaining biz only worth $1bil? Or is it just impossible to put a # on it because of the govt wildcard? Back to $2 now at $40 after the split...

Here is a look at my math and you can see where your calculations are off. Of three props I have recently owned the avg cost was about $1mm apiece. I put 20% down. Actually I lived in two, the other was spec. Taxes were $15k a year but I never looked at it as an expenditure because they are...

Wow I didn't get pissed off that Bush's CIA guys 'scared' terrorists by telling them they were going to kill their kids and wives. But Obama's guys trying to 'scare' me into supporting his healthcare bill sure pisses me off . . . Speaking of which, you have to read Cheneys comments on the...

Thanks EP, didn't know there was a name for it. I used to go couple times a year with Wall St buddies to the trotters and after betting we would have dinner and see who won. Max bet was $100/race. I think the winner got some money from everybody else, I can't remember. Seeing as I was a rate...