tag:blogger.com,1999:blog-14963913.post5025622373555504086..comments2023-10-27T20:27:57.900-04:00Comments on Kid Dynamite's World: Sarcasm - MGM - PaulsonKid Dynamitehttp://www.blogger.com/profile/17475987512856310577noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-14963913.post-69659775552321567802010-05-18T11:17:42.454-04:002010-05-18T11:17:42.454-04:00re: Sox - the funny thing is that it went from bei...re: Sox - the funny thing is that it went from being a turnaround character building game - come from behind and win for the SOX - to a heartbreaking, soul crushing defeat when they blew it in the 9th.<br /><br />and jon - come on - you're really going to make me rehash the ACA-GS story? really? ACA picked the portfolio. really. truly. the selected the whole thing. it's a fact.Kid Dynamitehttps://www.blogger.com/profile/17475987512856310577noreply@blogger.comtag:blogger.com,1999:blog-14963913.post-77866734241081292172010-05-18T11:13:30.736-04:002010-05-18T11:13:30.736-04:00What if you were only short parts of the MGM busin...What if you were only short parts of the MGM business? And Paulson got to pick those parts? And you didn't know that? <br /><br />Note: not sarcastic.<br /><br />Also not sarcastic about the Red Sox mauling last night.Jon from Bklnhttps://www.blogger.com/profile/12563900822764359540noreply@blogger.comtag:blogger.com,1999:blog-14963913.post-61294896560754455092010-05-18T09:02:08.492-04:002010-05-18T09:02:08.492-04:00JP also says its a great time to buy a house! If ...JP also says its a great time to buy a house! If you don't have the money to do so, he recommends borrowing from relatives.<br /><br />Kudos to JP for his housing trade, but lets not be too quick about designating him as the new market oracle. A lot of folks called the 87 crash as well and never made a dime on anything after that.<br /><br />Also, the brains behind Paulson's CDS trade - Paolo Pelligrini - left to start his own hedge fund at the start of 09.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14963913.post-54151659305922810342010-05-18T08:21:45.636-04:002010-05-18T08:21:45.636-04:00Along with listed equities, 13F Filings will show ...Along with listed equities, 13F Filings will show long call options and long put options.Arielhttps://www.blogger.com/profile/03511220142899084419noreply@blogger.comtag:blogger.com,1999:blog-14963913.post-66440664945875060212010-05-18T07:24:40.564-04:002010-05-18T07:24:40.564-04:00Tee Hee, Paulson is short Vegas tourists and Chine...Tee Hee, Paulson is short Vegas tourists and Chinese businessmen.Downtown Josh Brownqhttp://thereformedbroker.comnoreply@blogger.comtag:blogger.com,1999:blog-14963913.post-65623881600881918632010-05-18T02:07:33.260-04:002010-05-18T02:07:33.260-04:00So funny that so many people in the U.S. do not gr...So funny that so many people in the U.S. do not grasp irony that you even have to explicitly put it in the headlines....<br /><br />Cheers,<br />MRoachApproachhttps://www.blogger.com/profile/07945361143302217694noreply@blogger.comtag:blogger.com,1999:blog-14963913.post-59563104176113708922010-05-17T23:05:55.830-04:002010-05-17T23:05:55.830-04:00anon - here's an analysis supporting your theo...anon - here's an analysis supporting your theory (long CDS (short credit), long stock):<br /><br />http://www.zerohedge.com/article/complete-paulson-q1-portfolio-holdings-update-major-additions-financial-and-gold-exposure-ne#comment-357488Kid Dynamitehttps://www.blogger.com/profile/17475987512856310577noreply@blogger.comtag:blogger.com,1999:blog-14963913.post-81626278812615851342010-05-17T22:54:47.035-04:002010-05-17T22:54:47.035-04:00anon - that disclosure definitely does not have al...anon - that disclosure definitely does not have all parts of the capital structure, although i think they actually do disclose equity options positions now. <br /><br />i racked my brain trying to figure out anything it could be a hedge for - a Vegas real estate deal he's SHORT? but i highly doubt it. <br /><br />obviously, i can't know Paulson's motivations, but i'm guessing he's making a levered bet on economic recovery, and thinks MGM's recent capital raise takes bankruptcy off the table for them.<br /><br />i think Vegas is dead money for a long time, and I think Paulson is a smart guy, which is why this disclosure struck me as surprisingKid Dynamitehttps://www.blogger.com/profile/17475987512856310577noreply@blogger.comtag:blogger.com,1999:blog-14963913.post-74985272975552049632010-05-17T21:20:56.442-04:002010-05-17T21:20:56.442-04:00Given his style, I wonder if these are hedges for ...Given his style, I wonder if these are hedges for CDS shorts? Not sure that disclosure gives you all<br />sides of a trade so you see long MGM or BYD 'stock' but perhaps there is capital structure trade on here?Anonymousnoreply@blogger.com