Seeking Alpha
  • svosavvy
    I am obviously humbled by my JPM position this morning.Will probably use the weakness to pickup some BCS BX .longside JPM options if creamed
    5/11/12
    Reply (7)
    • Barry Crocker: I remember when 2 Billion was a lot of money
      5/11/12
    • jdub2788: $2B? pffffft...aint $hit.
      5/11/12
    • OneLongTrade: It really isn't, not to mention it was offset by about a $1B gain, so trading loss is about $800M so far.
      5/11/12
    • OneLongTrade: It's a credibility issue not a financial issue. The damage to EPS of something like this is somewhat negligible, but credibility lost isn't.
      5/11/12
    • svosavvy: I love that the losses came since end of march, so the whale was awesome till it wasn't. Wanna bet europe crappingouthadsomethingtodowithit
      5/11/12
    • svosavvy: macro economics are a dangerous gambit these days.Feds better wake up and smell the contagion.IDR hits could put ltro back on the rocks
      5/11/12
    • svosavvy: have to admit watching the bid stack on jpm will be interesting here
      5/11/12