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I was short since the SEC news, and I covered on Friday. A 9% drop is about 2+ SD's from the average daily volatility, so I covered, and banked the gain. I will short again on a bounce. Thoughts? |
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 FDAXHunter
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| Joined: Mar 2004 |
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| Because NP is like, 30% GS and 20% ex-GS? |
Salman Pushdie |
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| Oops. How about a "I'm liquidating my company match / exercising my options" ? |
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 quantz
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tbh i thought it would bounce back quick since the charges are BS.
however friday's reaction made me realize this could be a serious problem for their client base from a CYA standpoint. if the govt really pushes this we could see a bear stearns scenario unfold, so i might buy some super OTM puts.
more likely scenario is they struck a deal with the O man to take some heat to get his bill thru in exchange for some nice loopholes and options dating.  |
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 kr
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| Founding MemberNP Raider |
| Total Posts: 3561 |
| Joined: Apr 2004 |
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| maybe b/c with the depth of analysis below, there's no need for a thread? |
my bank got pwnd |
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 cowpoke
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I checked with Captain Pike, http://captainpikeknowsall.com/index.php.
Your question: Will Goldman be punished? The Captain's answer: 2 beep (No) |
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| Any thoughts on this lately? |
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