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SavvyTrader

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  • Warren Buffett looking especially oracular again, as his crisis-timed Goldman Sachs (GS +1.7%) options are now in the money to the tune of $2B. Warrants allow Buffett to buy $5B in shares at $115; GS now at $163.07. In April, Dick Bove argued the bank should pay Buffett back before TARP to avoid diluting existing shares; GS went a different way.  [View news story]
    I did it in intuitive surgical :)
    Jul 24 10:58 AM | 1 Like Like |Link to Comment
  • Amazon.com (AMZN) has agreed to acquire online shoe retailer Zappos.com in a deal valued at $807M, in Amazon shares and $40M in cash and restricted stock units.  [View news story]
    thank you for the opinion. Made good money shorting it 93 to 86
    Jul 24 10:57 AM | 2 Likes Like |Link to Comment
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