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How come trader1 hasn't posted about Bear yet?

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VP
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Joined: 11 Dec 2006
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Schools: NYU Stern 2009
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How come trader1 hasn't posted about Bear yet? [#permalink] New post 14 Mar 2008, 09:35
I feel somewhat let down.

Going to be an interesting weekend to watch on - it has been a while since an IB vanished.
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Affiliations: HHonors Diamond, BGS Honor Society
Joined: 05 Apr 2006
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Schools: Chicago (Booth) - Class of 2009
GMAT 1: 730 Q45 V45
WE: Business Development (Consumer Products)
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Re: How come trader1 hasn't posted about Bear yet? [#permalink] New post 14 Mar 2008, 13:46
He went long on BSC, but has been hiding his trades in account # 88888 ....
VP
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Joined: 11 Dec 2006
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Re: How come trader1 hasn't posted about Bear yet? [#permalink] New post 16 Mar 2008, 10:12
Maybe he has hedged it with short positions in LEH, at which point he may be saved by mid next week if he survives margin calls and the rumor machine does its work.
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Re: How come trader1 hasn't posted about Bear yet? [#permalink] New post 17 Mar 2008, 10:28
Who knows, he might be trading at Bear Sterns, and trying to coup with the problems around his bank. Sure he will not be one of those suffered from the "crunch lay offs". :)

make move mate!
Senior Manager
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Re: How come trader1 hasn't posted about Bear yet? [#permalink] New post 07 Apr 2008, 02:11
Haha!

I took a nice vacation for the past few weeks back in the states. It was nice not having to be concerned with market actions as I liquidated all of my trading positions. Probably going to take a break now anyways with trading as b-school is now creeping up and I have a lot of things to take care of prior to starting at St. Gallen in Switzerland.

I will keep posting some articles of interest I come across.

Poor Bear Stearns! Unfortunately no position on the stock, but sure looks nice (in hindsight) to have some deep out-of-the money puts while it was trading above $30! Some people got early retirement funding...
Re: How come trader1 hasn't posted about Bear yet?   [#permalink] 07 Apr 2008, 02:11
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How come trader1 hasn't posted about Bear yet?

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