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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: ChanceIs who wrote (106505)8/4/2008 3:37:55 PM
From: Paul Kern  Respond to of 206329
 
I smell the son of Amaranth. I really do.

August 15 is the last day investors in most hedge funds can request redemptions this quarter. I would think that a whole bunch of hedge funds have been receiving these requests and more are in the mail.



To: ChanceIs who wrote (106505)8/4/2008 3:46:57 PM
From: Kayaker  Read Replies (2) | Respond to of 206329
 
[[ I smell the son of Amaranth. I really do. ]]

Might well happen. Must be a few hedge funds out there stuck betting heavily (long) on oil and NG, and in major pain.

I'm 100% cash and have been waiting for an opportunity to buy. Here it is, and the dang Canadian markets are closed. This better not be the capitulation low for energy stocks!