I hope you can excuse me; I’ve been in a meeting/group/involvement marathon since Monday, and I am on the precipice of my sanity. Tonight, I’ll be in what I expect to be a four hour meeting, from 7 until 10 (math skills have also gone out the window) at least. I’m writing this after just getting out of a client session.

The market looks crazy and unhinged. I wouldn’t trust it with anything sharp. Ramping higher like that, making me wealthy. It’s trying to get a good angle to slip the knife in.

How did the euro so quickly turn back above 1.3 like that? That can’t just be an issue of Ben speaking; 1.3 frightens the wrong people. Such a move had to have been orchestrated (conspiracy heavy). It’s just insane…bonds didn’t even move that much.

Look, I’m not feeling much of a conversationalist at the moment.

The Fourth of July is upon us. What kind of unpatriotic soul are you, calling for market panics in the middle of celebrating the very special brand of American Imperialism?

My dear friends, we have barbecuing to be getting to, next week. Friends and family will be invited over. Politics, sports and gentlemanly arguments need to be partake of. I should think the 9th floor will only be in business on an open door policy; and without any real driving force of purpose.

The market will melt up to celebrate this great country and as a show of indifference for the countless drabs we UAV, blackmail or step on to maintain order in this circus tent called Planet Earth.

Since the selloff managed to shore itself up, I do not expect next week to be anything other than jovial and festive. The correction can resume afterwards.

Someone go back in time and bitch slap me for thinking that shorting oil and the euro into a summer global slowdown was a cool idea.

Rarely has someone been so right while at the exact same moment been so completely wrong.

Thank God for 30%+ cash positions…

It turns out the IMF, despite assuring depositors that it has never lost money placed with the institution, decided to sink what could be unrecoverable billions into an obviously overindebted country, breaking many of their own rules along the way, in the largest bailout of its kind ever.

The first red flag might have been that they were cutting billion dollar checks to a woman holding a Louis Vuitton…

You don’t need to a shop a deal that involves a merger partner paying you to cut your price/FFO by ~25% ~15-18%…

Fucking lawyers…

My God yes…get me more money…

SAN DIEGO–(BUSINESS WIRE)–

Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating whether members of the board of directors of Colonial Properties Trust (CLP) breached their fiduciary duties in connection with the proposed acquisition by Mid-America Apartment Communities Inc. (MAA).

On June 3, 2013, Mid-America announced that it had entered into a definitive merger agreement to acquire Colonial Properties. Colonial Properties shareholders will receive 0.36 of a Mid-America share for each share of Colonial Properties owned. Based upon Friday’s closing price this represents $24.47 per share.

The investigation will determine whether the board of directors breached their fiduciary duties to stockholders by failing to satisfactorily shop the company before entering into this agreement. Jim Baker, lead analyst for Johnson & Weaver, stated that, “Mid-America’s offer appears to be inadequate and not in the best interest of Colonial Properties shareholders.” Baker noted that this real estate investment trust (REIT) has been steadily increasing dividends to shareholders as a result of its superior performance. Additionally, many analysts have a price target greater than the buyout price.