Search results

Trading at 44.44 with cash buyout set to close June 15th at $67? 22% arb what don't we know?

Maudlin put out an interesting "out of the box" note by Montier today, everyone should read as it oulines an interesting strategy but the jist was that there were a record number of stocks that are overvalued in both the US and Europe. "In the US, the average number of stocks in our short...

Is Vallejo the canary?

Looking for a bounce to 1400 at least, they will spin this home sales data (and the big buys by FMN and FRE) and it just CAN'T get any worse right? This MUST be the bottom :)

That was the infamous SG rouge trader weekend but I agree we should see fireworks soon, and my thinking is that they will be to the downside though there may be a retest of 1420 and failure and then back down below 1390.

http://www.bloomberg.com/apps/news?pid=20601170&refer=home&sid=a42143EyVai8 http://www.bloomberg.com/apps/news?pid=20601109&sid=aF_f8gLLNvn0&refer=home So, the house of cards has started to collapse and the ugly truth that was being hid from investors is revealed. As more and more of these...

Nothing better than good red wine, nothing worse than Beckarovkah.

Another reason to be short the market right now: LATE UPDATE - The Treasury announced another week of pounding ahead as it plans to dump another mountain of new supply on the market next week. Meanwhile, the Fed again did a big drain in OMO that was more than enough to offset the increase in...

http://www.ft.com/cms/s/0/07cb8b1a-275e-11dd-b7cb-000077b07658.html?nclick_check=1 I know a guy who owns a ton of Alcatel through his old Lucent position, he had some 50K shares of Lucent back when it was $84, unfortunately he never sold any and now owns a bunch of equally worthless Alcatel...

Got an upgrade from FBR also saying that the market for PSL ABS is thawing.

ByLo I think FMD put you on TILT :) Seriously though I get the feeling you may be pressing too hard of late trying to make money rather than letting the trades come to you.

oil and oil stocks are two different animals, there are those who think oil stocks are tremedously undervalued with oil where it is suggesting a good pair trade might be short oil long oil stocks.

Out QM 128.900 Reverse ES 1416.25

Added to ES Short 1415.

You have more patience that me AAA, I put the lil sweetie on ignore, not interested in hearing more from the stupid and ignorant, not surprisingly makes for a much better ET experience.

This was what I call a special situation trade, they are few and far between and sometimes they pan out and sometimes they don't. When they do the return is usually large. It isn't for everybody and its isn't something you bet the farm on.

Stockholders won't tolerate the lower earnings and wal mart shoppers won't tolerate the higher prices. US society is not set up to think about problems that will occur more than a few months down the road. We can't even deal with Medicare which is set to bite us in the behind within 5-6 years...

Buchanan, one of the smarter guys on the right of the isle, and a conservative that even liberals could respect because of his intellectual integrity and lack of flip flopping from one issue to another warned us and no one listened, infact the GOP turned him in to a pariah and did a great job...

Was referring to the Fed and the administrations handling of the crisis thus far, though with Dodd and Frank also on the bailout bandwagon it is a becoming a DC gangbang of the US people, sometimes it is hard to just brush it off and laugh about it, sometimes the shit gets to you. I’ll be fine...

Two words:Mission Accomplished.