Hedge funds prey on rivals ,
charming what a joke this Shell game is.
More nimble hedge funds have sought to profit from the dynamic by taking short positions in securities known to be widely held by rivals. Goldman Sachs publishes a list of 50 “very important” hedge fund positions.
Its largest position was in Xto Energy, which had dropped from $73.74 in June to just under $43 and was among the 20 most widely held stocks by hedge funds, according to Goldman, Mr Anderson said.
It blows my mind why someone would want to be associated with "Wall Street" or with "Hedgfunds"
It's like the Uber Jr. Highschool Crowd.
Here is a bonus story
Lindzon, a partner at Knight's Bridge Capital, said the big concern is big hedge funds are staying on the sidelines because of government's intensifying encroachment in the market. "They feel the rules have been changed [and] they're not going to play," he says.
Does that sound like "I'm taking my ball and going home"? What is the Wall Street Mantra... Trade the market you have, not the one you want. Fucking Babies.
Want to hear my bet, about a third of the hedgies have blown up, the ones that haven't don't have any cash..... LOL the Hedgies aren't going to play.... What are they going to do? Play poker?
There was a story in the journal about a hedgie that blew up.... Ok he said they were going to retire.... But basicly the story was..... "This is just too hard in a bear market"
But good news everybody... bottom is eminent... with the hedgies going "BOOM"
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
Saturday, October 4, 2008
what a charming game all this is....
Subscribe to:
Post Comments (Atom)




No comments:
Post a Comment