Posts filed under “Short Selling”

Put Some More Lipstick on These Pigs

It ain’t just Lehman, Fannie and Freddie: There are plenty of other Pigs in the sea.

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Washington Mutual (WM)

wamu_ugly

We are long this — my trading desk has been trying to bottom tick this today — but I don’t like it as anything other than a trade.

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American International Group (AIG)

aig_is_a_pig

We are short this; See AIG: Don’t Try to Catch the Falling Knife (February 2008) and Bloomberg Video: AIG Earnings (August 2008).

Reuters says AIG’s exposure to Fannie Mae, Freddie Mac preferred shares between $550 mln-$600 mln, according to sources.”

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Merrill Lynch (MER)

bullish_on_america

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The only good news is the dearth of bottom calls for the sector — something that is essential for the actual bottom to occur.

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Long WM, Short AIG, No position in MER.

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UPDATE: Fortune rips off this title!  Putting lipstick on a pig 9/14/08

Category: Bailouts, Corporate Management, Credit, Short Selling, Valuation

Lehman = $4; WAMU = $2

Another day, another disaster at the 148 year old firm known as Lehman Brothers: > > When the posthumous story on Lehman gets written, I do not see how full blame for the debacle does not fall anywhere but squarely on CEO Dick Fuld, who has presided over a stock decline of 90%+ this year:…Read More

Category: Corporate Management, Credit, Short Selling, Valuation

How I Spent My Summer Vacation . . .

Category: Markets, Short Selling, Trading

In Defense of Short Selling

Category: Markets, Short Selling, Taxes and Policy

Stocks Breaking Down on Volume

Category: Markets, Quantitative, Short Selling, Trading

Bob Farrell’s 10 Rules for Investing

Category: Apprenticed Investor, Contrary Indicators, Investing, Markets, Psychology, Short Selling, Trading

Dear Investor….

Category: Credit, Currency, Finance, Hedge Funds, Short Selling

Betting on Bear’s Bust

Category: Options, Psychology, Short Selling, Valuation

Bear Hunt

Category: Credit, Legal, Markets, Politics, Short Selling, Taxes and Policy

The “No Loss Sale” Rule

David Weidner’s new column (out tomorrow) proposes outlawing the sale of any stocks for a loss.

Very clever!

Cox: But I was getting a pedicure the other day and I thought, ‘Why not just short selling?’ What about ALL selling?’ Why not make a rule that prohibits selling a stock for a price lower than the last trade. We’d stop losses altogether. Everyone would make a profit. Unlike some of these other measures you’ve heard today, it wouldn’t cost taxpayers a penny. So, what do you think of the Cox No-Loss Sale rule?

Source:
The no-loss sell rule
What if we tried a new strategy in the next six months?
David Weidner
MarketWatch, 12:01 a.m. EDT July 31, 2008
http://www.marketwatch.com/news/story/heres-trading-rule-guaranteed-work/story.aspx?guid=%7BCAB604A7%2DDEEF%2D4DF7%2D9389%2D2B71BFB86436%7D

Category: Finance, Short Selling, Video