SHORTS ON HIGH VOLUME

[Alechko]

U.S. Senator calls for Paulson resignation
http://www.bloomberg.com/apps/news?p...upI&refer=home
http://www.campaignforliberty.com/blog/?p=480
"As I suspected back in July, Secretary Paulson knew more than he was telling us during his appearance before the Banking Committee. He knew that Fannie and Freddie were in an irreversible state of damage. He knew all along he was going to have to use this authority despite what he was telling Congress and the American people at the time. And yet Congress was foolish enough to give him a blank check for this irresponsible bailout. I hate to say it, but I told you so."
http://bunning.senate.gov/public/ind...4-260978a36afb

[Alechko]

LEH + WM...:34:

http://biz.yahoo.com/bw/080911/20080911006141.html?.v=1
21.98%
WASHINGTON MUTUAL(NYSE: WM)
After Hours: 3.00 0.17 (6.01%) 6:28pm :cheer:

[Alechko]

Washington Mutual Inc. PRFD 'K'
After Hours: 15.40 +12.25 (388.89%) - Sep 11, 4:43PM EDT
WTF? :D
http://finance.google.com/finance?q=NYSE%3AWM-K
lt should be a mistake ;)

[Alechko]

WaMu Provides Update on Expectations for Third Quarter Performance
-- Provision expected to be approximately $1.4 billion less than
second quarter while company continues to build reserves

-- Long-term credit outlook unchanged

-- Liquidity stable at approximately $50 billion

-- Capital significantly above "well-capitalized" levels
http://newsroom.wamu.com/phoenix.zht...448&highlight=
JP Morgan chases after Washington Mutual
http://www.telegraph.co.uk/money/mai.../cnwamu113.xml

:a+: loading my track...:crazy:

[Alechko]

CEO looking for $40 pps to sell LEH
http://www.bloomberg.com/avp/avp.htm?N=av&T=Bove%20Says%20Fuld%20Has%20Three%20 Days%20to%20Solve%20Lehman's%20Problems&clipSRC=mm s://media2.bloomberg.com/cache/vDUWrIA9Klu4.asf

[Alechko]

In common with Ambac (ABK) and MBIA (MBI), AIG publishes a detailed disclosure on its web site, listing the individual insured transactions and considerable information about the type of collateral, vintage, and ratings....]
http://seekingalpha.com/article/9526...hy-i-d-buy-aig

[Alechko]

Alechko is playing
long: AIG, WM, LEH, FRE, FNM, ABK, PMI, WB, ZION, MBI (20% of portfolio)
daily short/long: SKF, UYG (10%), mostly gaps/ swing
NO SHORT POSITIONS IN FINANCIALS IT'S TOO DANGEROUS

[Alechko]

good read
Stock price clustering on option expiration dates
http://www.business.uiuc.edu/poteshm...eshman2005.pdf

[Alechko]

GREATEST SHORT SQUEEZE IN HISTORY MAY HAPPENED ON SEPTEMBER 15-16, 2008

[Dima1234]

GREATEST SHORT SQUEEZE IN HISTORY MAY HAPPENED ON SEPTEMBER 15-16, 2008

Why?