Kyle Bass just revealed a 4.9% stake in mortgage insurer MGIC (MTG). Bass has gained fame for shorting the subprime market and the European debt markets. It is rare that Bass purchases plain vanilla stocks making the MGIC purchase especially noteworthy. “Everyone paints the [mortgage insurance companies] with a broad brush that since they took ...
November 1st, 2011 . By Stefan G
Hedge fund manager David Einhorn has swapped out of gold and replaced it with gold mining stocks. “A substantial disconnect has developed between the price of gold and the mining companies,” Einhorn said during a conference call. Einhorn sold the gold ETF (GLD) and moved into the Market Vectors Gold Miners ETF (GDX). The top ...
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November 7th, 2011 . By Stefan G
Kyle Bass just revealed a 4.9% stake in mortgage insurer MGIC (MTG). Bass has gained fame for shorting the subprime market and the European debt markets. It is rare that Bass purchases plain vanilla stocks making the MGIC purchase especially noteworthy. “Everyone paints the [mortgage insurance companies] with a broad brush that since they took ...
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April 28th, 2010 . By Stefan G
We are looking for some support here on the YEN. Looking at selling December YEN 99 PUTS for 90 points, and Selling the September 100 PUTS for 62 points. $12.50 = 1 Point. On top of this we are looking at some Ratio CALL Spreads. Below is the 90 day projections on the Ratio CALL ...
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