Comments on: The Market Sucked, But Not For Everyone Who Got Out

By: yellojkt

yellojkt — Tue, 21 Apr 2009 01:24:53 +0000

Goldman Sachs shorting Citibank is like a pot complaining about the color of the kettles.

By: sigerson

sigerson — Mon, 20 Apr 2009 23:59:31 +0000

p.s. – You know what I've been looking for for, like, forever? I wish I could find a candy bar with electrolytes. Wait, what?

By: sigerson

sigerson — Mon, 20 Apr 2009 23:58:33 +0000

Yo, Choire, love the new digs. Get your blog on, man.

By: Choire

Choire — Mon, 20 Apr 2009 23:43:34 +0000

Heh. MAGIC SHORTS.

By: ValerieFlame

ValerieFlame — Mon, 20 Apr 2009 23:39:41 +0000

Well, duh, like Jake said:
it had nothing to do with ken lewis. the rally was on borrowed time already. it had everything to do with options expirations last friday. i mean, look at SLG – it rose 50% in one week and then today drops 25%. the rally of the last week was about inflicting some pain on the shorts.

And what Tom said:
This is the shorts weaving their magic. Anyone with half a brain would be far away from banks at this point. If there remains a doubt, read BAC's nitwitted description of the reason for the gains. When you have a board that allows this sort of public explanation of performance, they deserve to tank.

Obvs.

By: ADismalScience

ADismalScience — Mon, 20 Apr 2009 22:34:09 +0000

The best part of not actually being Donald Trump? It's okay to have a total nerdcrush on Ivanka. That and I'm not a failed lie of a man.

I'm glad you like Weisenthal, though, he's a good sort.

By: NotAndersonCooper

NotAndersonCooper — Mon, 20 Apr 2009 22:09:46 +0000

My retirement diet just plummeted from dogfood to dumpster.