JPM desperate to defend losing position on CDIs

Quote from sle:

Did you short the stock when you originally posted? I bot some Jun 40 puts (naked ref 47 or 45, can't remember) which I am sure will feel great tomorrow...

I owned puts for 2 friggin weeks and got out break even today!
How many people want to bet that by tomorrow morning everything will be ramped up as if this was a non-event?
 
Quote from stock777:
a frenchie out of london, a double whammy of idiocy
His boss (the CIO) is an all American female superstar and she was going along with this. Stupidity is universal.

Quote from atticus:
Yes Mr. De Niro.
Remind me what movie this is from? I recall the quote, but can't remember the source.

In any case, with the size being what it is, this might be worth a little more, especially if SPX gives or bad news come out of Europe.
 
Quote from stock777:

a frenchie out of london, a double whammy of idiocy

http://online.wsj.com/article/SB10001424052702303299604577326031119412436.html

europe sucks

that slob they elected is a SOCIALIST! No $hit, his party is the socialist party!

It's been proven time and time again that people of all races are just as smart, etc... and women...


but can we somehow wake the #### up and realize these frenchies are the most stupid, narcissistic, girly-men freak shows on the planet? Question to the atheist socialists over there: how much longer is it going to take for Darwinism to kick in on you losers? Are the Air France commercials on CNBC not a sign of how pathetic these semi-human beings are?

I degrees. Apologies for being rough.
 
Quote from flipside21:

I owned puts for 2 friggin weeks and got out break even today!
How many people want to bet that by tomorrow morning everything will be ramped up as if this was a non-event?
I was break-even today at the close, the delta paid for a month of theta (this was an amazing slow-motion decline, owning vol was a total waste). I will probably unwind tomorrow morning unless the stock gets slaughtered in which case I'll take some profits and the roll some gains into may OTM puts.
 
Fed and taxpayers got their back in case they don't feel like cutting bonuses because of this.

2B$ is pocket change compared to past numbers

2 minutes of printing max
 
Quote from sle:

His boss (the CIO) is an all American female superstar and she was going along with this. Stupidity is universal.


Remind me what movie this is from? I recall the quote, but can't remember the source.

In any case, with the size being what it is, this might be worth a little more, especially if SPX gives or bad news come out of Europe.

Ronin
 
Quote from sle:

His boss (the CIO) is an all American female superstar and she was going along with this. Stupidity is universal.


Remind me what movie this is from? I recall the quote, but can't remember the source.

In any case, with the size being what it is, this might be worth a little more, especially if SPX gives or bad news come out of Europe.

I bet they lose another $5B overnight. Drew was/is nuts. Dumb as a post and a degen gunslinger.
 
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