Thursday, July 9, 2009

What does AIG tell us?

Look at the five day action in AIG since the 20-1 reverse split.

The money made here has to embolden some of the shortsellers to take a harder look at the suspect balance sheets of some of the financials, and try some good old fashioned raids again.

It would at least give us some excitement.

But now that Paulson & Co. and James Simons aren't in that game anymore, who is going to take up the reigns?


Anonymous said...

regret did not buy some puts on it

Unknown said...


Palmoni said...

It was Freudian--since Paulson and Simons thought they were kings!

I'd like to think I did it deliberately, but it must of been those reigns in I Kings that did it