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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (32090)	9/19/2008 11:20:21 AM
From: Wallace Rivers	Respond to of 78659

Anyone following what looks like will become a Buffett stock, CEG? Wild price swings, mostly well below the all cash offer of $26.50. Still regulatory hurdles to surmount, although the talk is that with a Buffett entity backing this, it is likely to pass muster both locally (MD) and nationally. Estimates are for a nine month time frame to close. Looks like WEB bought CEG at a very favorable price, and that's probably an understatement.

To: Paul Senior who wrote (32090)	9/19/2008 3:43:41 PM
From: Madharry	Respond to of 78659

i sold mine today better than doubled my small throw of the dice. Ill probably never understand what happened to cause that huge decline in the stock. My guess is that insider fortunes were really made yesterday when people with advance knowledge of the bailout bank and the ban on short selling of financial just piled into the market. today was option expiry day and im sure there were many mulitmilionaires created by this once in a lifetime opportunity. needless to say i was not one of them. all one of had to do was to stock up yesterday on calls of bac and ubs and citi and your fortune would have been made. ooh to be a politician in washington. thats the ticket.

To: Paul Senior who wrote (32090)	9/19/2008 4:08:15 PM
From: Madharry	Read Replies (1) \| Respond to of 78659

well, i should be grateful that my income portfolio is going to be down less than 10% after being down almost 20% earlier this week. The wife was none too pleased. I still cant figure out why avf is not selling at closer to par, when aig stock is selling like its gonna survive. But there seem to be so many prices that are disconnected from my own reality that I hesitate to own too much of it.