Well any of the PE companies who had minimal findi exposure are sitting pretty at the moment. However I don't know of a single one right now, at least none that are big enough to warrant a major move. I see some hostile takeovers imminent, on the upswing...
Do you remember me posting that about 3 months ago already? Has been on the cards for a while but the PE companies are also under massive strain - not very cash rich at the moment and many afraid to take leveraged positions under the current circumstances the last I heard. And what are they effectively taking over? A risky client base and some fixed assets...
I doubt Deutcsche will cause such a massive drop to 10k, but if it did then by god, can you imagine the bull-run we will have following recovery? Spanish Inquisition anyone?
I just couldnt believe it if Deutsche fell. But then again, I wouldn't had believed it about the rest of the big boys falling prey. I worked with them all and for a few as well, and for some reason I felt so sad when I watched them go down...
Yip, but now is the time to start making some money as it will recover - lets just see what time that happens. Luckily I am short at the moment but TBH I dont have much left in the market, its too unpredictable right now. Moved majority to a money market account.
If I can successfully manage to long some of my findi exposure I might be able to recover some of my dreadful losses from a few weeks ago...
Think he's more *your* friend alf101... see, he even impersonates you on HelloPeter!! You know what they say about imitation being the most sincere form of flattery!