BTW, I just looked up Pardus, the hedge that offloaded 30 MIL of Visteon shares on 2009-05-28. Seems they are hurting big time. If they did not sell the 30M, they would be now worth about 6-7 times what they are worth now.
And I remember thinking to myself on 2009-05-28: "Boy, they must know something you don't know, they must be smarter, they are professionals..." Turned out not so much, after all. They were selling and I was buying...
Insider Information: Pardus Capital Management L.p.:
City: New York
State: NY
Insider Summary:
Companies Owned : 3
Direct Shares 0
Indirect Shares 31,400,000
Direct Value $0
Indirect Value $4,407,040
Total Shares 31,400,000
Total Value $4,407,040
-mm-
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