Alright Mikey so is WFC going to pull a BAC by the end of the week? Pump the stock higher and then use the higher price to finance a takeover of one of the other pieces of shyt out there. Once that is announced the shorts jump it twice as hard as they already have and drive it back down.
Options are ridiculously expensive right now. Put options are going up 50% per hour every hour, eventhough the underlying stock price is not moving or moving higher!!!(using GS as an example today)
That is a good enough reason
Alright Mikey so is WFC going to pull a BAC by the end of the week? Pump the stock higher and then use the higher price to finance a takeover of one of the other pieces of shyt out there. Once that is announced the shorts jump it twice as hard as they already have and drive it back down.
Options are ridiculously expensive right now. Put options are going up 50% per hour every hour, eventhough the underlying stock price is not moving or moving higher!!!(using GS as an example today)
JAX ...this is a short term bottom if the FED does not bail out AIG then I don't know the FED. I am getting out of the way on my shorts except for WFC NSC UNP and CSX. I like the oils but got stopped again on my DIG
JAX ...this is a short term bottom if the FED does not bail out AIG then I don't know the FED. I am getting out of the way on my shorts except for WFC NSC UNP and CSX. I like the oils but got stopped again on my DIG
Market "experts" telling public to be safe now and preserve capitial ...time to go the other way and get long those scary things. It never stops ...the beat goes on ...JAX what are you doing now?
Market "experts" telling public to be safe now and preserve capitial ...time to go the other way and get long those scary things. It never stops ...the beat goes on ...JAX what are you doing now?
At 20 bucks, CEG is selling at .1 times sales (market cap of sub 2B and sales of 21B)
Margins arent great but this LEH exposure is a joke, they have a big credit facility and of that entire facility there is less than 5% of that from LEH.
Now to 31.
If you have some steel jaws that was a MONSTER trade below 20.
Now to 30
At 20 bucks, CEG is selling at .1 times sales (market cap of sub 2B and sales of 21B)
Margins arent great but this LEH exposure is a joke, they have a big credit facility and of that entire facility there is less than 5% of that from LEH.
Now to 31.
If you have some steel jaws that was a MONSTER trade below 20.
Mikey, right now I am all cash. I got bounced around like a rag doll the last three weeks, but more than made up for it with GS puts the last two days.
Something is going to have to be done to slow down the shorts, so thats keeping me from getting short anything for more than a few hours at a time.
Mikey, right now I am all cash. I got bounced around like a rag doll the last three weeks, but more than made up for it with GS puts the last two days.
Something is going to have to be done to slow down the shorts, so thats keeping me from getting short anything for more than a few hours at a time.
Funny about CEG, big client in Philly owned it since they are semi-local to that area. Stock was in the 30s then and ran this year to 100 plus this year..now back to the 20s.
Have to be honest I havent looked at CEG is maybe 5 years.
Energy stocks on sale, no other way to put it. PEG, CEG, EXC, refiners like VLO and SUN and FTO.
Someone needs to loan me 2M so I can pick some of these up.
Funny about CEG, big client in Philly owned it since they are semi-local to that area. Stock was in the 30s then and ran this year to 100 plus this year..now back to the 20s.
Have to be honest I havent looked at CEG is maybe 5 years.
Energy stocks on sale, no other way to put it. PEG, CEG, EXC, refiners like VLO and SUN and FTO.
Someone needs to loan me 2M so I can pick some of these up.
02:38pm<DIV>American International Group, Inc Fed has reportedly reconsidered stance on AIG assistance, echoes report by CNBC's Gasparino - unconfirmed report- Note: this echoes a CNBC report earlier today that the govt. was considering federal more..
02:38pm<DIV>American International Group, Inc Fed has reportedly reconsidered stance on AIG assistance, echoes report by CNBC's Gasparino - unconfirmed report- Note: this echoes a CNBC report earlier today that the govt. was considering federal more..