Messy
- Posted by UpsideTrader
- on July 22nd, 2008
Bank earnings are out and there is nothing to write home about. STI which I shorted most of yesterday is up a bit. STI sold their KO position to raise cash, they’ve owned that position forever. MER selling Bloomberg stake too. When the banks start looking in the attic for “things to sell” because things are so bad it has a tendency to scare the crap out of me. I think Citibank has some lawn furniture going today, the sale starts around 10 am over on Third Ave.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
blog comments powered by Disqus-
Joe was on Wall St, for twenty five years and his career took him to the retail, institutional and capital markets... More »
-
-
-
-
Archives
-
