like today--10mm fnmas and 8mm fmckj---way away from mkt. Who on this board can trade these pref's premarket? I cannot thru schwabby.
That seems like some wack daddy assuming to me. I'd assume he paid under 5% face (Average $1.25 on the 25's and 2.50 on the 50's.) which would be pretty easy to build over the last couple years.
He blows his own horn about 2.5 billion worth--and is selling LIKE MAD into the spike at 27-28% of face.
At 5% of face, it's a 20-1 shot, maybe worth the gamble. At 4 to 1? Maybe Nader...buying common. Not Berkowitz.
This money may be dead, maybe not. But it won't take 2 years to see an #$%$ load more action. As for the "only huge blocks" that went through, I don't think anyone can read the volume, ie. huge pre market trades WAY away from the market.
Lord of the bad trades---are you still advising our military? Are you still trading this looser 'to perfection'.
How long have you been 'singing the praises' of this Doggy style dog? 2 years...3?
You haven't had a bit of luck in your prognostications.
I PRAY it is you patting your own weenie in these chains, rather than another soul you have coerced into Crapital Bank.
Tip? What kind of volume was going on? Was it a press release?
Who bought at $215, and who was handing out tips then? Were they saying sell?
Blow up from 215 to current eh'?
What did you make? You printed 215 I bet---was it a buy?
If you are getting killed in this---get out.
You know how that story ends. Cradel and all!
No insider info. is available. 2000 is most recent financials available.
Maybe the bow don't break. Maybe this baby won't fall.
I smell...a...bong hit.