JPM Has Sold Off 65-70% of Losing Iksil Position--CNBC [NotSoBreaking] - MarketTicker Forums


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User Info	JPM Has Sold Off 65-70% of Losing Iksil Position--CNBC in forum [NotSoBreaking]
Argos Posts: 6442 Incept: 2008-03-23 The Green Mountain State	From Dow Jones Realtime News. Link to CNBC story: http://www.cnbc.com/id/47888364 JPM popped with strong volume. It's now up around 1.9%. A decent pump. Talking my book, but we might wonder if Jamie knows that the FOMC is going to stand pat . . . (I'm short JPM.) Last modified: 2012-06-20 09:30:31 by argos Reason: add link 2012-06-20 09:21:44 Permalink
Preidt2 Posts: 552 Incept: 2009-07-31 spokane/wash	BENNY would you QUIT buying JUNK with my taxes ....corrupt CROOK and adminstration ---------- Puppets Under Destruction 2012-06-20 10:25:57 Permalink
Indeep Posts: 782 Incept: 2008-02-05 Red pills are not available to the sheeple.	65% - 70% They don't know? Now I understand why they are having trouble. /sarc ---------- Don't believe everything you think! The difference between stupidity and genius is that genius has its limits. - Albert Einstein Last modified: 2012-06-20 10:54:23 by indeep 2012-06-20 10:52:57 Permalink
Canadaman Posts: 1471 Incept: 2007-08-10 Cleveland, OH	lol i would guess they haven't sold any of it. But I will agree they do need the market and congress and the public to believe they have sold off 65-70% ---------- "Every mania in financial history has been liquidity driven. You can go back to the South Sea Bubble or tulips in Holland. As long as the money is coming in, everything is fine." - Raymond DeVoe, Dec. 11, 1995 2012-06-20 11:28:46 Permalink
Randy123 Posts: 5859 Incept: 2008-09-24 Earth	Totally agree. They are full of ***. ---------- China is the Enemy. Wake Up. New Normal. Same As The Old Awful. 2012-06-20 11:29:54 Permalink*
Jkilkelly Posts: 1629 Incept: 2007-07-20 Mercer Island WA	They probably have "synthetically" sold the positions meaning they found another derivative they can claim (on their models) reduces the current negative position by 70% Presto ---------- �They say there are no atheists in a foxhole. Well, there are no libertarians in a financial crisis, either.'' Jeffrey Frankel, Harvard economist 2012-06-20 13:39:07 Permalink