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Re: altruism post# 630999

Sunday, 09/06/2020 10:42:54 AM

Sunday, September 06, 2020 10:42:54 AM

Post# of 796502
Altruism, I think that is a very, very real risk -- but no one here seems to want to confront that or even talk about it

57 days to the elections, mail in voting started some places, and Trump is in a terrible state. Trump and Biden are level in TEXAS!! You know it is bad when a Republican is in trouble in Texas

I just don't think the risk here is worth it

No administrative action means JPS drops again, probably FNMAS goes back to $5-6... and then it all rides on SCOTUS

My lesson here has been not to rely on Federal Judiciary -- and ask Hank Greenberg what he thinks, too. SCOTUS likely gives a "clever" verdict making the legal points they want with no monetary return for shareholds -- like AIG... That is a real possibility

Everyone here will scream and shout and stamp their feet, but these are very real risks... I would rather invest in energy stocks where the returns are similar but the risks are far lower imho