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Getting sexy up in fannie land again. Mind the Gap though...
closed my calls for today. managed to get out up 50%, which is great....
if i hadnt been up 600% at 4pm yesterday.
yinn and yang are going to be interesting for a few days. maybe a straddle, but going to lick my wounds for a bit for now.
i agree, not convinced by this "rally". more downside to come
ugh, wanted 1 more down day though.
finger was on the trigger at 3:45 yesterday.
sorry i didnt sell yesterday guys, then yang would be up 10000% today
haha....hogs get slaughtered.
they propped her up for a day at least
shanghai down ~4%
still holding my calls. options on a triple levereged etf during a market crash are nuts.
sooo much margin in the chinese market. 50% of stocks halted. the government said yesterday that people can now use their HOMES as margin collateral. feels like 1929
if chinese markets dont show signs of stability tonight this could hit 120 easy.
gonna try to ride this correction down and back up when the time is right
in the $ sitting on a 6 bagger, hogs get sluaghtered but i may have to hold this overnight
sitting on some calls, dont think the china slide is done yet.
i guess not....
down 5% today and 6% after hours. tomorrow should be interesting....
anyone else holding leap puts on this joker. all these for profit colleges need to go bye bye. milking the taxpayers and preying on the weak
liking those calls i scooped up...
that $60 level is psychological. should see some recovery, even if short lived. fell hard fast...
just picked up some dec 20 68.50s...
bouncee soon ?
i'm thinking, gonna watch the open...
gonna go back and fill that 1.92 gap here soon?
No volume. Everyone from Pershing Square must have had drinks at the Standard last night and slept in today :)
interesting that john carney dismissed it as nothing though. he was so overly agressive for the past few months. maybe he was on ackmans payroll the whole time. the way this sold off for a month prior to the "big" news, I have no doubt ackman was shorting this on the way down. he can move this whatever way he wants, and you can also get from 1.00 to $20.00 by running it up to $6 twice and shorting it on the way back down. 1/4 of a B shares traded hands on the lamberth ruling wed., so it is a different game now.
watching this. taking a losition soon...
Nice day here
then you should retire
200,000,000+ shares traded at around this level in less than 2 days. 1/3 of a billion dollars has traded hands... guhzoink.
There is special providence in the fall of a sparrow. If it be now, 'tis not to come; if it be not to come, it will be now; if it be not now, yet it will come—the readiness is all. Since no man, of aught he leaves, knows what is't to leave betimes, let be.
come on fannie!
fight you lily livered sons a bitches!we've got gaps to fill!!!
1. This statement is absurd. The galactic court of the milky way galaxy would not even have jurisdiction in this case as no interstellar laws have been broken, unless one could make the case that the government has tried to open a wormhole into an alternate universe in which the government's handling of the conservatorship is legal and makes sense. Of course, based on the Housingberg Uncertainty Principle you can never know if the FHFA is acting as conservator or an agent of the Treasury at the same time. Space laws are pretty complicated.
Spacejudge Gorlac has been on record, however, as being sympathetic to shareholders.
2. Freemarket capitalism? Where does that exist? The existence of a spacejudge is more likely. Name a major company that doesn't get some sort of support or backing from the gov. , plays such a vital economic role and helps as many American's as F and F?
3. Does it get cold and lonely under the bridge?
sour grapes
longs never have to cover...tick tock
this literally made me giggle. reading the back and forth between the lawyers is like watching wiley coyote try to catch the roadrunner. our guys are just smarter and faster. lets see if sweeney will drop an anvil on them...
great. so why continue trolling?
wait, didn't you already panic sell at the lows a few days ago?
confused about your motivation to continue to post here. to make you feel better about your decision?
probably, wouldn't want to be a small time shorty and find out.
if i was ackman i would be shorting against my position in the short term while news is slow to generate more capital, taking a profit on my short position and then scoop up the cheapies with some of my ipo cheddar that isn't subject to redemptions.
i would add that some of those posters have been calling for doom for a looooong time and for those who have been following this they no longer hold any credibility. i didn't listen when it was around a dollar and i won't listen now. if they can provide any substantive dd for their claims i would take it under advisement, but i don't trade based on nonsensical pumps or bashes. anyone who always says it is going up or always says it is going down is going to be right part of the time. however, fundamentally the case for f and f keeps getting stronger....
yeah. they will.
methinks she doth protest too much...
what could possibly so sensitive with regards to the discovery documents if this is as straightforward as saving the companies as the gov seems to suggest?
it seems like mel watt should be replaced by jack bauer...
Defendants Opposition to the Plaintiffs Request:
1. He knows everything
2. We railroaded him out of his job and he is pissed
3. It isn't very nice
4. Oh my God! What is that thing over there!!! (defendant runs away and hides behind a trash can)
what a shakeout yesterday was....
la donna e immobile
i bet ackman is crying into a beer right now worrying about his UBS swap agreement at 3.53 and how this is going to 0...or not.
awww sookie sookie. he knows where all the bodies are buried...
this just keeps getting better and better
Confront them with annihilation, and they will then survive; plunge them into a deadly situation, and they will then live. When people fall into danger, they are then able to strive for victory.
-Sun Tzu
See ya in court...
yank, your arguments seem to be primarily ideological. some deep seeded disgust regarding hedge funds capitalizing on a unique situation for profit. like it or not that is capitalism. right or wrong it is the system in which we live. the reality though is that fannie mae raised billions and billions from private investors through a preferred offering just prior to the takeover. at the time those in the government were speaking out regarding the stability of the gse's. a few months later the companies are apparently worthless. then 3 years later they are generating record profits? quite frankly it is bs, and the details should be subject to public and judicial scrutiny.
the securities are entitled to the protection of the laws. whether you like the system or not, it IS the system. the government cannot arbitrarily change the rules to suit itself for a profit. they are profittig on this situation from every angle, and that profit does not come from the wealthy. rich hedge funds types were warned by paulson beforehand...
the real problem is that shareholders hands have been forced by the government. alternatives from stakeholders have been proposed. the gov wants "private capital" to take over, but rejects any pragmatic proposal from investors as an alternative. they want to let us eat cake, have cake, and eat it too. given 5+ years they have no reasonable alternative. i dislike greed as well, and i see it as a profit grab by the gov. i understand your point of view, but simply disagree. given the risk in holding strong on these securities, i feel that any gains associated with them are legal and justified. we can agree to disagree...