I sold EL for a 1.3% profit. If I was a banker in London during the early 1800’s, I’d be quite pleased with a 1.3% return in 1 month’s time. I might even treat myself to a shepherds pie. However, being that I am a man stuck in a hole, 1.3% in entirely ridiculous, if I were to celebrate it and all.
I swapped it out for MET, based off of the PL deal. Both PRU and PL are trading at a 20% discount to where the PL deal was done. But I mainly like it for its dividend. It is a reduction of risk on my behalf.
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there is never a bad time to buy ES (except for perhaps around 2007/08)
MET there is also this: Prudential, MetLife Gain as Senate Eases Dodd-Frank for Insurers
FTK
fuck EL buy GOGO
Sold GOGO when $T said they were getting in the space. Such a dumbass…
GOGO is a commodity business, it will sell down again, don’t kick yourself.
Sold 40% of $AA for a 60% gain
and purchased $AAME
pru much more prudent/cautious than met in accounting/marking to market hedges for variable annuity exposure