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User Info WaMu bankruptcy odds.; entered at 2007-12-02 00:44:02
Mtgspy
Posts: 6202
Registered: 2007-10-27
"The ad fact is of an almost 100% chance some insiders know the actual value of the writedown in any corporation; "

Hahahahaha. Don't be too sure. Many part of the data I built this comes from many places that don't talk to each other in Wamu.

Besides, the order of trade based on the above and market prices right now is, from best to worst:
1. Long CDS, Long Stock
2. Short Stock with margin.
3. Buy the puts.

One week after an announcement of a double digit writedown you can expect buyout chatter. This doesnt mean you should buy.

Last modified: 2007-12-02 00:55:48 by mtgspy

2007-12-02 00:44:02