Archive for March, 2009
Stock Trade Updates: Closed GS And PNC Positions
I closed Goldman Sachs (GS) puts for a small loss in smaller portfolio and PNC Financial (PNC) puts for a small gain in larger portfolio.
Closed 3 GS July 80 puts @ $8.60 (bought @ 9.73 avg) for a loss of 1.13 points.
Closed 20 PNC May 30 puts @ $6.10 (bought @ 3.6) for a gain [...]
Dylan Ratigan of Fast Money Quits CNBS!
Just yesterday he was calling on AIG-GS “behind the scene” relationship on Closing Bell on CNBS. He was pretty fired-up as you can see from the video below:
http://www.cnbc.com/id/15840232?video=1074021503&play=1
Now one wonder what happens to people/journalist telling the truth about Wall Street/Washington DC. And the million dollar question would be does he quit or is he [...]
Stock Trade Update: Added More Goldman (GS) Puts!
Added 1 more Goldman Sachs (GS) puts @ 6.40 in smaller portfolio. This brings the total to 3 @ 9.733 (avg).
Smaller portfolio now stands at 3 WFC puts @ 3.10 and 3 GS puts @ 9.733. Larger portfolio is deep red coz of (FAZ). I have a strong feeling that (FAZ) will help me recover [...]
Stock Trade Updates: Bought Financial Bear 3X (FAZ)
Bought 1000 FAZ @ $40.73 in larger portfolio. I can’t buy call options on (FAZ) as they are priced with outrageously bid/ask spread. Now I’m short financials on big scale and wait for them to die the death of thousand cuts…
03/18/2008 Update: Added 500 FAZ @ $32.00
03/18/2008 Update: Added more 500 FAZ @ $28.61
So this [...]
Stock Trade Update: Short Wells Fargo (WFC)
Sorry folks, really busy with work today so going to do a quick post on Wells Fargo trade in smaller portfolio. Please refer to the chart of Wells Fargo (WFC) and see why I have decided to short it here.
Bought 2 WFC July 14 Puts @ 3.15 (avg).
03/18/2008 Update: Added 1 WFC July 14 Puts [...]
