GKM, he wrote those puts when the opportunity presented itself, and it doesnt make much difference in any case...you really think the SP500 will be less than 1,300 in 15 years?
Takeover Talk - Fast Money Recap (8/22/08) [View article]
He has had a long position for years!!! This is completely wrong:
"Speaking on Warren Buffett, Najarian said that Buffett mentioned liking two financial stocks, namely Wells Fargo and American Express. He said that he doesn't have a long position in American Express, but he would."
Buffett Warned Us in 2003 [View article]
BAC's Ken Lewis Mulls Another Deal as Lehman Reaches Brink [View article]
The name, the traders, and the assets, are mostly toxic IMHO. As a BAC shareholder, I too hope Ken doesnt overpay, and doesnt buy toxic assets.
Takeover Talk - Fast Money Recap (8/22/08) [View article]
"Speaking on Warren Buffett, Najarian said that Buffett mentioned liking two financial stocks, namely Wells Fargo and American Express. He said that he doesn't have a long position in American Express, but he would."