Sombody said that the hedgies were waiting for the house to make a decision to sell into it so that they could sell enough for redemptions... which means that after it didn't happen, they paniced and that was how we got our little "Crash"
so you look at this.. and it's a buy..... regardless of the impending global depression.
The problem continues to be the "momo" 's are trapped in momo stocks... just cause it's a momo stock doesn't mean it's a bad stock.. but billions trapped in them at an important redemtion dates... makes it tough for them to be trapped in this stock.
What to say... There should be a buy in... but damn some Hedgies are going to blow up this time.. and when they do the next report... we will start hearing about it soon.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Wednesday, October 1, 2008
Redemptions
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment