Comments on: U.S. Eyes Large Stake in Citi https://phantasmix.com/us-eyes-large-stake-in-citi/ Stock Market and Personal Finance Mon, 23 Feb 2009 20:48:08 +0000 hourly 1 https://wordpress.org/?v=6.8.1 By: TSS https://phantasmix.com/us-eyes-large-stake-in-citi/comment-page-1/#comment-3725 Mon, 23 Feb 2009 20:48:08 +0000 http://www.phantasmix.com/?p=1808#comment-3725 There is no plan in place with the new administration – even though they say they don’t care about the daily fluctuations of the market, it’s amazing how news leaks…

Anything I did like on the long side, had its legs kicked out from underneath it today. I closed my NFLX,PCLN and MYGN positions on Friday. I am long GLD from some time ago and RGLD which I bought off the 50 this morning.

I’m content here to add to my gld position on a p/b to the 92-93 area if I get a shot and RGLD as/if she moves up…

]]> By: Phantasmix https://phantasmix.com/us-eyes-large-stake-in-citi/comment-page-1/#comment-3724 Mon, 23 Feb 2009 18:45:37 +0000 http://www.phantasmix.com/?p=1808#comment-3724 Hi TSS,
I kept 3,000 short FAS over the weekend (unhedged!) so imagine my shock on Sunday 😀

Funny how on Friday they say “no nationalization” and then this comes out. Is this not nationalization, even if partial?

Any new longs on your radar?

]]> By: TSS https://phantasmix.com/us-eyes-large-stake-in-citi/comment-page-1/#comment-3723 Mon, 23 Feb 2009 18:23:59 +0000 http://www.phantasmix.com/?p=1808#comment-3723 market seems to love it 😉

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