This fucking PAH position has become an albatross around my neck. Thanks to my faith in William Albert Ackman, I am being dismantled in this fucking PAH position. His losses deepen in VRX, daily, and anything related to Ack is getting shredded. This is a horrendous year, a comeuppance if you will, for the hot shot hedge fund manager. Guys like Einhorn, Ackman and Paulson are having their lunches eaten for them. It’s as if Gordon Gekko himself was gunning for them, trying to send them mail COD.
Thank God I am in COST, otherwise my book would be suffering the fate of 10,000 hells right now, as my SHAK, PAH, FCX, CNC positions melt away like a candle in an inferno. This market fucking sucks.
That being said, I am merely positioned wrong, so I can’t get too upset over my childish stupidity. My SBNY position is ripping mammaries straight off the torsos of anyone in its path. The smart trade, ahead of the jobs numbers, was short commodities, long banks. I’ve said it here 1,001 times: when rates go up, banks will rally, due to the steepening of the yield curve.
What did I do?
I bet on Bill “Fucking” Ackman.
FML
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Do we buy your liquidation yet?
News Flash..CYBR actually green.
$BAH buy MOAR
I thank Goldman for their call on oil and curse those mfers for KMI on the buy list. I can’t sell calls fast enuff against my position.
AQR Capital (Cliff Asness) has been adding to his short of a PAH subsidiary almost daily. Is this an arbitrage on the Alent acquisition, or is something else going on here?
http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20151111:nBw115859a
Love the PAH, here… looking to get in.