DrStool Posted November 27, 2007 Report Share Posted November 27, 2007 Increasingly illiquid market had huge rally but remains below yesterday's two intraday peaks on both rally attempts today. Wazzitmean? Link to comment Share on other sites More sharing options...
elh Posted November 27, 2007 Report Share Posted November 27, 2007 hey uh, what is "shport"? Link to comment Share on other sites More sharing options...
elh Posted November 27, 2007 Report Share Posted November 27, 2007 Increasingly illiquid market had huge rally but remains below yesterday's two intraday peaks on both rally attempts today. Wazzitmean? 628303[/snapback] Massive meaningless jerkoff with extreme volatility in a limited band range. Link to comment Share on other sites More sharing options...
Charmin Posted November 27, 2007 Report Share Posted November 27, 2007 It probably means the institutions need to pick up the ball and take it up after all this short covering. Link to comment Share on other sites More sharing options...
Sudaca Posted November 27, 2007 Report Share Posted November 27, 2007 We have the volatility and Dover Sole short and medium term indicators that during a normal bull market would suggest maybe opening some long positions. But on the other hand, we have credit, financial and economic stress conditions still deteriorating and at levels not only not seen during the bull market, but not even seen in the previous bear markets. That's the most effed up situation I've seen in years. Anything could happen here. A Mars Mission Moonshot or a Thermonuclear Dump. I have no clue and can provide no insights here. Just funny cat pics. Link to comment Share on other sites More sharing options...
Charmin Posted November 27, 2007 Report Share Posted November 27, 2007 I wouldn't be surprised if most shorts cover at least 50% of their profit to lock in gains. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted November 27, 2007 Report Share Posted November 27, 2007 FRE halted. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted November 27, 2007 Report Share Posted November 27, 2007 How tight can they get this? Link to comment Share on other sites More sharing options...
Speakeasy Posted November 27, 2007 Report Share Posted November 27, 2007 I wouldn't be surprised if most shorts cover at least 50% of their profit to lock in gains. 628320[/snapback] We done that yestidy. Link to comment Share on other sites More sharing options...
cwd Posted November 27, 2007 Report Share Posted November 27, 2007 We have the volatility and Dover Sole short and medium term indicators that during a normal bull market would suggest maybe opening some long positions. But on the other hand, we have credit, financial and economic stress conditions still deteriorating and at levels not only not seen during the bull market, but not even seen in the previous bear markets. That's the most effed up situation I've seen in years. Anything could happen here. A Mars Mission Moonshot or a Thermonuclear Dump. I have no clue and can provide no insights here. Just funny cat pics. 628318[/snapback] I don't see it in any headines, but CNBsers were saying C decision not to put SIVs on balance sheet is disturbing. Link to comment Share on other sites More sharing options...
Brisbane Bear Posted November 27, 2007 Report Share Posted November 27, 2007 I will take option B - a Thermonuclear Dump This is like trying to contain the 'Blob'.... Absolute chaos as credit crisis forces fund into administration SYDNEY hedge fund Absolute Capital has been put into administration, the latest domestic victim of a credit squeeze that shows no signs of easing. McGrathNicol was appointed by the board as administrators to the group. The administrators blamed the "prolonged illiquidity in global and local credit markets" for a reduction in fees from the group's investment products. http://business.theage.com.au/absolute-cha...71127-1d7o.html Link to comment Share on other sites More sharing options...
Speakeasy Posted November 27, 2007 Report Share Posted November 27, 2007 FRE halted. 628321[/snapback] Maybe it has something to do with their sale of more stock. By Jennifer Ablan and Al Yoon NEW YORK, Nov 27 (Reuters) - Freddie Mac (FRE.N: Quote, Profile, Research), the second largest provider of financing for U.S. residential loans, is preparing to sell $5 billion to $6 billion in perpetual preferred stock in coming days to bolster its capital base, sources close to the issue said on Tuesday. The issue, led by Lehman Brothers Holdings Inc (LEH.N: Quote, Profile, Research) and Goldman Sachs Group Inc (GS.N: Quote, Profile, Research), is preliminary and being marketed to investors with a coupon fixed at 8.25 percent for five years, the sources said. If the issue is not redeemed after five years, the coupon would float at London interbank offered rates plus 300 basis points, they said. Sharon McHale, a Freddie Mac spokeswoman, would not confirm the issue. The company would make an announcement once any sale is finalized, she said. A Goldman Sachs spokesman declined to comment. A Lehman Brothers spokeswoman had no immediate comment. McLean, Virginia-based Freddie Mac last week told investors to expect a large offering as it sought to replace depleted capital and build a cushion for the coming year. After losing $2 billion in the third quarter on soaring credit expenses, the government-chartered company last week said it may also halve its dividend and further pare its investment portfolio. Rooters Link to comment Share on other sites More sharing options...
Bungster Posted November 27, 2007 Report Share Posted November 27, 2007 FRE halted. 628321[/snapback] Maybe it has something to do with their sale of more stock. By Jennifer Ablan and Al Yoon NEW YORK, Nov 27 (Reuters) - Freddie Mac (FRE.N: Quote, Profile, Research), the second largest provider of financing for U.S. residential loans, is preparing to sell $5 billion to $6 billion in perpetual preferred stock in coming days to bolster its capital base, sources close to the issue said on Tuesday. The issue, led by Lehman Brothers Holdings Inc (LEH.N: Quote, Profile, Research) and Goldman Sachs Group Inc (GS.N: Quote, Profile, Research), is preliminary and being marketed to investors with a coupon fixed at 8.25 percent for five years, the sources said. If the issue is not redeemed after five years, the coupon would float at London interbank offered rates plus 300 basis points, they said. Sharon McHale, a Freddie Mac spokeswoman, would not confirm the issue. The company would make an announcement once any sale is finalized, she said. A Goldman Sachs spokesman declined to comment. A Lehman Brothers spokeswoman had no immediate comment. McLean, Virginia-based Freddie Mac last week told investors to expect a large offering as it sought to replace depleted capital and build a cushion for the coming year. After losing $2 billion in the third quarter on soaring credit expenses, the government-chartered company last week said it may also halve its dividend and further pare its investment portfolio. Rooters 628326[/snapback] Yep "undercapitalized"....See how them stockholders like that decision... Link to comment Share on other sites More sharing options...
DrStool Posted November 27, 2007 Author Report Share Posted November 27, 2007 hey uh, what is "shport"? 628313[/snapback] In stock charting, the feature formerly known as "support". Of course, there's no such thing as "support" in a bear market. Link to comment Share on other sites More sharing options...
Speakeasy Posted November 27, 2007 Report Share Posted November 27, 2007 MoMo darlings are at or near another decision point. I suspect the market needs these to go up, and perhaps even the Big Earls. Link to comment Share on other sites More sharing options...
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