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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (160)7/11/2003 5:20:26 PM
From: KM  Read Replies (1) | Respond to of 110194
 
I've been trading OPM for a few months and one guy who I trade for is a bankruptcy trustee. I go in his office from time to time and the paperwork for his 341 meetings is staggering. 2 or 3 sets of them every month, usually 100 or so meetings on each day.

And this is while interest rates are still low.



To: ild who wrote (160)7/11/2003 5:37:20 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Went back to the trough one more time today on my KSS short. Doubled up at 57. The yahoo finance KSS board is pretty good. Fellow shorts there are besides themselves, over this Bankamerica deadfish call. Best posts that explain how bloated this TOHOE pig is, are 26087, 26110, 26113, 26148, 26158, 26159, 26167, 26185.
messages.yahoo.com

Here's a bizzare bloated pig that appears to have squeezed out the shorts, so that the insiders could sell big. Trades about 13x book, 32x ebitda.
biz.yahoo.com

Looks like 2000 all over again, on some of these valuations.