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    Nwac

    AM out of all =but 100,000 10 cts profit is enough on that size.
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    Delta Air

    I am hearing this will not ever trade on NYSE again. OTC only.We'll see.
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    Nwac

    I thought it was 5% I bought only about 700,000
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    Regulation SHO

    I have heard from securities lawyers who worked at SEC that no decision has been made. Personally, i can't see anything changing
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    Nwac

    Wasn't planning to hold it long. UAL stock was $1.50 until this week. Well aware of bankrupcty priority.
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    Nwac

    Any opinion on NWAC at 86 cts? I bought a boatload from $1 down to .70 I think I may have to file a 13D. Isn't the rule if you own 5% or more of the outstanding?
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    Merger Arbitrage & Margins

    I have read this paper---actually some time ago---unofrtunately it doesn't cover the most active M&A period of all time.
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    US markets=NO RISK!

    Killatwill, I hate to inform you of this since you can't tell the difference,but you've been sleeping with a DEAD WOMAN. My mother died of cancer in 2001. Man are you pathetic. Hey, does Allstate sell fire insurance on refrigerator cartons? man, you remind me of this guy the SEC went...
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    US markets=NO RISK!

    I said I wasn't going to continue on this thread, but I just couldn't resist.......... I know you are but what am I? BTW, I just jumped into my Lexus Coupe and I'm on my way to the airport. The Citation is fueled. I'll be landing in your city in a few hours and I'll be at your...
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    Merger Arbitrage & Margins

    freehouse, buddy, some times you have to know when to fold 'em. Unfortunately, I'm "folding them" too late. I , like Jerry Rice, have been prepared for retirement for quite some time. In fact, I discussed retirement with Rice at the Superbowl two years ago in Houston. He told me once...
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    US markets=NO RISK!

    Killatwill- What can anyone say to you that will cause you to do something other than divert attention from reality? You're acting like a 12 year old, and a very horny one at that. Since you clearly cannot muster an intelligent argument (although I must admit the thought of you with my...
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    US markets=NO RISK!

    PPT....your chat room.....how quaint. Might I point out that no amount of government intervention prevented George Soros from making a lot of $ from "breaking Sterling." Yet, in the end it wasn't Soros , but Soros and a lot of other investors.
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    US markets=NO RISK!

    uh......yeah......uh........
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    a strong opening tomorrow?

    I agree, but it seems every time the bad news finally starts to disappear. the market drops. I see futures are up 5 80 over cash.
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    Merger Arbitrage & Margins

    The only issue now is how much more I lose. Anyone want to bet whether the Press Release is out before the Tuesday opening? I'll take Yes.
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    Merger Arbitrage & Margins

    continued...to freehouse. There are only a few points freehouse makes with which I might marshall some degree of disagreement. For all practical purposes he is right about the extensions granted being non-performing assets. However, regulatory forebearance is likely to be granted regarding...
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    Merger Arbitrage & Margins

    To A Pismo, you haven't been reading my postings closely enough. You simply wanted to refute my belief that Bush is responsible.So, I believe you have confused me with the guy trading merger arb through IB. My point about Bush is seemingly missed by your posting selective news quotes. Or...
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    Merger Arbitrage & Margins

    I blew another $65,000 Friday and am down to 40,000 HIB but I'm thinking now this deal is going to happen on Sept 7 as indicated by the last press release. I have a number of reasons for this belief, chief among them : 1) COF has a great opportunity for wonderful PR> 2) HIB will...
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    Merger Arbitrage & Margins

    Yes, I know only too well that trading M&A on prop leverage is risky: Just look at COF and Hibernia. I was long 145,000 HIB yesterday and short about 20,000 COF. I am now long 60,000 HIB and short some COF. The loss: about $100,000. But, I've been through these before and know how to...
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    Shorting Market or Long OIL, is Hoping Katrina gets WORSE and morally Problematic?

    Yeah, we knew about it but we didn't know it was going to hit NO with CAT 5 intensity. My bet is Allah intervenes and the hurricane disappears and reappears over Israel.
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