Each hedge fund is different. There is no set date for every hedge fund to have redemptions. Most hedge funds have 30 day notice period to withdraw, and the largest funds have usually 3 months advance notice. Also these large funds only allow redemptions at the end of every quarter. I'm talking about firms like Renn. Tech, SAC, Citadel, Icahn, DE Shaw etc... These are the big guys who control nearly 50% of daily volume in the markets.
1. What price did you get in at? 2. Do you use a <i>Stop</i>? 3. What are your expectations? 4. It is too volatile for me to stomach.
Hey guys, been lurking this thread for a while and I thought I would ask the BBS experts. I'm thinking of buying FNM, FRE, and AIG stock. Since the price is so low and there's maybe a chance of it coming up later on, is it a good idea to buy? I'm thinking this is going to be a loooooooong term investment.
My own 2 cents - I wouldn't go long term on AIG. At least I wouldn't invest any more than you can afford to lose on that one. If you want to try and play the the short term bounces that's another thing but that too is risky of course.
Ugh... it doesn't look good. So far market doesn't look like it wants to resolve to the upside at all. I think the bears may be coming back for more... Ultimately a lot will ride on how this week eventually works out.
Hey JeopardE, where you refering to R2K3's answer or just about today's market? I was also curious in those stocks too....
doesn't mean their stock will be worth anything if the govt takes them over. fannie has lost $42,000,000,000 in the last 2 quarters.
That was a general follow-up to my previous speculation as to where the market is headed in the next few weeks. I actually think we could end up rallying today since the market is at a moderately significant retracement level right now.
So robbie, what former stocks that took a dump to under a dollar or 2 do you recommend that might rebound?
What are the chances that in one year (11/11/2009), SSO will be lower than it is today (<$27)? I think I'm just going to go long on SSO and check back on it in a couple of years...
none....i would avoid those like the plague. if they are under $2 then they are likely on the fast track to bankruptcy because they likely have insane amounts of debt. if you find one that doesn't have a lot of debt then let me know and i'll check it out for you.
I'd be tempted to throw some money on F. They have a better balance sheet than GM to survive (better modern product some might argue) and I don't think they will be allowed (by our govt) to file BK. They will have a few more bad quarters but even if they lose a billion dollars, if they were expected to lose 2 billion then you should see a nice pop. And at that price it won't take much to see some nice gains. Don't bet any more than you can lose and don't expect to make money in the next few months but I can see this double in a couple of years.
that's a good one to show how income issues and not actually debt are killing the company. the last 12 months they have lost about $4.24/share or around $225 million. back in september they had to take out a $25 million loan to keep going. so they are burning cash, taking loans out for survival, and not projected to make money in 2009 either. they have earnings on monday so we will see if they are still around then.
if you want to buy the automakers then make sure you buy the senior debt and not the actual common equity. here is a good explanation of why from a jp morgan analyst
