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


To: Knighty Tin who wrote (27419)2/28/2005 5:11:23 PM
From: ild  Read Replies (1) | Respond to of 110194
 
<<<You buy the call options.>>>

They had huge positions in those stocks. Would it be possible/legal to accumulate comparable call positions?



To: Knighty Tin who wrote (27419)2/28/2005 9:20:02 PM
From: LLCF  Read Replies (1) | Respond to of 110194
 
<They own more FedEx than BIIB. >

Yea, well look at the difference in the two companies!!! They aren't even close to being comparable... and although prudence may not be a factor with their clients... what they did was stupid... AND arguably imprudent {first of all, it's pretty obvious that it WAS, it's a matter of definition under various rules}. If they're running trust funds in certain states they could clearly be sued IMO.

dAK