AIG, at a five year low? AIG the company that has never dropped over 10% in a single day over a 20 year span drops 11+% today? How did we get it right?
We followed the money! Clearly there were people on Wall Street who didn't believe AIG when they said "We expect and have no fiscal problems stemming from the credit crisis", and surely these people laughed when AIG said "We will post a 1.96 billion dollar loss", and all of these people(which there are likely very few) went CHA CHING when AIG came clean with the truth. Why were the Put Options so cheap for AIG? Because this was a company that went up and down slowly, they don't drop 11% in one day, its "unimaginable"(to quote Guy Amadi).
Well, those who listed to us would have made over 800% on their put calls.
We had it right, now lets go find the next one.
The Bull
Subscribe to:
Post Comments (Atom)
5 comments:
Great call bull
AIG aint shit, Short YAHOO
FUCK ALL YAHOO SHORTS
Do we keep the option going on AIG?
AIG hit bottom?
Post a Comment