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RedneckInvestor

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RedneckInvestor

Re: stratocasterca post# 19

Thursday, 10/02/2008 9:51:48 PM

Thursday, October 02, 2008 9:51:48 PM

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OK, maybe I'm a little smarter than a blind squirrel. I believe the ratings analysts were a wee bit over reacting to knock more than 98% off the value of the US's largest insurer. I also believe some of them wanted cheap shares and had large short positions, and now expect them to make money on the way up. I don't know much about the management, but I think Moe, Larry & Curley could right the ship from here.

Is "Credit default swaps" anything like nekkid shortin'?
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