Groundhog Day? - Trader Mark

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1 pt	Groundhog Day?
	Aug 20, 2008 04:52 PM UTC

Trader Mark

Return	Risk
-12.84%	LOW

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Symbol	Sentiment	Start	Return	Closed
FRE		08/20/08	+73.26%	--
LEH	n/a

Via Fund my Mutual Fund:

Funny how the more things change, the more they stay the same. I thought about writing a piece about the state of things but then I remembered, I wrote the exact same piece I wanted to post today 5 weeks ago

[Jul 10: Whose Bottom Will this Be? Lehman Brothers (LEH) or Fannie/Freddie?]

Once again I reiterate what I've been saying over and over - I'd be short Freddie Mac (FRE) (and up 40% in 2 days) if I could be. I'm on the opposite side of this trade from Bill Miller who I truly wonder will be forced to resign after this move [Aug 13: Bill Miller Continues to Boggle Me - Increasing Stake in Freddie Mac] I'm not sure how he is sleeping at night after adding 30M shares of this disaster on top of the 50M shares he already owned. Frightful.

There are some incredible profit opportunities on the short side - frustrating not to be able to use them to add to the portfol...

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Freddie Mac (FRE)

SocialPicks Sentiment:

This Quarter's Sentiment:

All:

32.0%

Top:

0.0%

Lehman Brothers Holdings Inc (LEH)

SocialPicks Sentiment:

This Quarter's Sentiment:

All:

0.0%

Top:

0.0%

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by Paul Cheung (Zacks.com) about LDK

Cisco Systems Still a Wait and See
by Thomas Catino (Ant & Sons) about CSCO

The Merrill Lynch Diet: Starving Shareholders
by Zack Miller (BloggingStocks) about MER

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by J.D. Steinhilber (Agile Investing) about SPY

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