Paulson also owns 35 million shares of Regions Financial (RF), and 12 million shares of Marshall and Illsley, (MI), 1.5 million shares of Sun Trust (STI) and 5 million shares of Fith Third (FITB) stocks also trumpeted on this blog.
APWR will be OK. Every time they have earnings they miss--and I didn't think they would do it again, but they did, nevertheless they did talk about big orders for wind turbines at about 4.8 million apiece i think and 30 or so and re-affirmed for the balance of the year and they also had $128 million in cash
They tried knocking it down today, but it's fighting back and the company now has the cash to execute
I'm just sitting with it as I think next quarter will be the break-out that the bulls want and those that thought the stock would completely breakdown on this miss will I think, be proven wrong
I didn't post the sell of HBAN because I did it this morning, and I didn't think it was worthwhile selling down here, unless you had an opportunity cost of money.
And I just wanted to throw that into something else because I'm still stuffed with a lot of inventory!
what's keeping hban down?
ReplyDeleteO great one. I salute thee for your brilliant calls on the stocks that I missed. BUT what do I do with the dec 7.5 calls of APWR?
ReplyDeleteYou can't win them all :)
ReplyDeleteAPWR will be OK. Every time they have earnings they miss--and I didn't think they would do it again, but they did, nevertheless they did talk about big orders for wind turbines at about 4.8 million apiece i think and 30 or so and re-affirmed for the balance of the year and they also had $128 million in cash
ReplyDeleteThey tried knocking it down today, but it's fighting back and the company now has the cash to execute
I'm just sitting with it as I think next quarter will be the break-out that the bulls want and those that thought the stock would completely breakdown on this miss will I think, be proven wrong
I think everyone is throwing their money in C at these prices and leaving some of these other names like HBAN alone
ReplyDeleteespecially after Cramer told everyone to sell C two days ago--now they are scrambling to put their position back on!
And now when C trades higher, Cramer will say he was all over it at 3.7, just like Doug Kass with his "sell the market" call!!
are you still holding hban?
ReplyDeleteNo I sold it--which makes me think it will probably go up.
ReplyDeleteBut don't look at me--I put that money in calls on AIG
sorry...maybe i missed a posting...by why is AIG still on a tear...especially today?
ReplyDeleteI didn't post the sell of HBAN because I did it this morning, and I didn't think it was worthwhile selling down here, unless you had an opportunity cost of money.
ReplyDeleteAnd I just wanted to throw that into something else because I'm still stuffed with a lot of inventory!