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MF Global MFGLQ Tuesday, November 8, 2011
Peterffy Bought 8 Million MF Global Shares as Broker Failed
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68814462
Interactive Brokers -
Peterffy Bought 8 Million MF Global Shares as Broker Failed
I totally agree. MFGLQ commons can go up overnight as well..... ;)
Morning Trapper - Morning All
Added MFGLQ MUCHO .145
JPM / MF Global MFGLQ
JPMorgan is the agent for MF's $1.2 billion syndicated line of credit
http://newsandinsight.thomsonreuters.com/Legal/News/2011/11_-_November/JPMorgan,_BofA_on_MF_Global_creditors__committee/
Yep and will probably be here awhile. If I'm still fere Friday, I'm going home for the weekend
Morning All
Get it Bubba. Bailey's this early makes me puke. Actually don't like it cause it sucks coming up.
I've been at the office almost 2 hours. LONG day
Morning All -
This piece of White Trash is ready to go home for the holidays, I miss GA
MF Global MFGLQ - Sat Nov 5, 2011 12:59pm IST
I like that. Wife can't stand them, she says an hour in the waffle house and you smell like grease, then you spend the rest of the day on the toilet
No it's not. They have "Waffle Kings" up here. Pretty much the same thing
That night I PM'd you in the middle of the night I got dressed and found a decent diner in Manhatten, and it was on a wait lol
Yeah I was taking that for my shoulder last year, I still have a bottle at home. I love New York for one big reason, it doesn't close after 5 lol
I'm not alone, it's like a Monday morning around here. My Doc called me in some valium, which I have never taken before now, and it rocks
Hey man. I'm stuck at the office all weekend
Morning Trapper
Very nice ;) Glad I added today
MFGLQ
Nope. New York
I love watching the shorts play ping pong. Eventually they will go play somewhere else. Bid is holding strong IMO Good job ;)
Morning Taxi -
I think this week will prove to be the worse for MFGLQ. Corzine I'm guessing was given two options - resign from MF Global and give up your severance package with dignity or....
The financials are still strong IMO Now that they have cut the cancer from the company, I expect good things to follow. Of course they will wait for the ambulance chasers to get out of the headlines, however I would imagine a big name will step up to replace Corzine. But what do I know? ;)
Morning Trapper
Yes someday
Morning All
John Corzine resigns from MF Global
NY. The wife ain't speaking to me over a stupid coment I made about a purse and also for just being me. One day we will be on here during the same hours again
Chapter 11 Bankruptcy:
What Does Chapter 11 Mean?
Named after the U.S. bankruptcy code 11, Chapter 11 is a form of bankruptcy that involves a reorganization of a debtor's business affairs and assets. It is generally filed by corporations which require time to restructure their debts.
Chapter 11 gives the debtor a fresh start, subject to the debtor's fulfillment of its obligations under its plan of reorganization.
Investopedia explains Chapter 11
A Chapter 11 reorganization is the most complex of all bankruptcy cases and generally the most expensive. It should be considered only after careful analysis and exploration of all other alternatives.
No MF Global MFGLQ is NOT out of business IMO
Source:
http://www.investopedia.com/terms/c/chapter11.asp#axzz1cgXy99XM
So sad too bad....You dropped the ball Peterffy
Interactive Brokers' Peterffy Warns On MF Global Customer Transfers
http://ih.advfn.com/p.php?pid=nmona&article=49800817
If we were on a playground I'd call you a girl
MFGLQ
She landed on Saturday, I flew out Monday morning. Dude she is so mad at me I wish she would have never bought that gun
Hola Amigo - I averaged WAY down. Today is the first day this week I'm able to sit in the hotel
Couldn't agree more. I don't think IHUB members alone could have afforded the volume from yesterday, today MAYBE. I think the street is gonna run MFGLQ
I would read this:
http://dealbook.nytimes.com/2011/11/01/live-tweets-from-mf-globals-bankruptcy-hearing/
Think of all the companies that filed Chapter 11 for protection and are still in business today. Right off the top of my head I can think of one global airline in particular
My wife just got back to ATL from LA. We gave a quick high five as I pretty much passed her in the airport headed to NY. I think I'm starting to see her point....
Imagine how big this will be tomorrow as more info is released
http://www.cnbc.com/id/45153690
MFGLQ
Day jobs are killing us CBRAD ;) LMAO at the phone book
Imagine how big this will be tomorrow as more info is released
http://www.cnbc.com/id/45153690
MFGLQ
Accounted for, directly from BK hearing
http://dealbook.nytimes.com/2011/11/01/live-tweets-from-mf-globals-bankruptcy-hearing/
With the amount of shares traded, Ask could be thinner than we realize. Didn't take alot to get MFGLQ over .30 earlier
It would appear PPS is being held up, fighting the shorts IMO I think we may see a breakout soon
MFGLQ
Morning Trapper