Quote from Chood:
Come to mention it, I've been at the bx teat again since last Friday, when bx's hotel sector helium gave me MAR short, now approaching ten percent better (lower) than that. Milk and helium, umm good! Earlier MAR shorts (not mine, others I mean) doing even better.
Quote from stock777:
How precious. Thats about right though, one 'winner' out of 125 views.
Quote from Chood:
Crikey, they're handing out money at the MAR shorts window. Maybe not too late to get in line, although earlier (like me) would have been much, much better.
Send your thank you notes and chocolates to BX, from which this mother's milk has flowed.
Quote from Chood:
So many of my fellow-traveling MAR shorts have covered, it is time for you too to get in line at the window. It'll be open awhile. More love and kisses to bx.
Quote from Chood:
I'll let Mr. Gross do my talking today, inasmuch as he and I are on, and have been on, the same wavelength (my thanks to Bloomberg):
KKR, Blackstone Find `Tide Is Going Out,' Pimco's Gross Says
July 24 (Bloomberg) -- The cheap financing that fueled the leveraged buyout boom is over, said Bill Gross, manager of the world's largest bond fund.
``The tide appears to be going out for levered equity financiers and in for the passive owl money managers of the debt market,'' Gross, chief investment officer at Pacific Investment Management Co. in Newport Beach, California, wrote today in his monthly commentary on Pimco's Web site. The shift ``promises to have severe ramifications for those caught in its wake.''
Quote from MKTrader:
Gross? Please. He's been bearish for years. Now he's the media's permabear darling whenever there's a dip/correction.
It's the old "broken clock is right twice a day" thing.