You liked the stock three weeks ago, and you're down almost 25% since. It's hard to do worse than that. And it's easy to see why -- you're analysis is woefully lacking in any financial specifics. No wonder there's no information in your bio about who you are. What do you want to bet Lamper won't take any loss on his C stake? It's called "parking stock," and it's an old trick. Cs trying to park its bonds right now (how do you think MS reduced its CDO position so dramatically this quarter?). You are wrong here -- this is the big one.
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You liked the stock three weeks ago, and you're down almost 25% since. It's hard to do worse than that. And it's easy to see why -- you're analysis is woefully lacking in any financial specifics. No wonder there's no information in your bio about who you are. What do you want to bet Lamper won't take any loss on his C stake? It's called "parking stock," and it's an old trick. Cs trying to park its bonds right now (how do you think MS reduced its CDO position so dramatically this quarter?). You are wrong here -- this is the big one.
Nov 09 05:44 am
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All Comments by Uncle Bill »Citigroup Stake Hurts Lampert Short-Term [View article]