Posted on 08/18/2010 8:33:28 PM PDT by The Magical Mischief Tour
Billionaire trader and political manipulator,George Soros, is clearly not optimistic. The latest SEC filings are out on the Soros hedge fund, Soros Fund Management.
Between the end of March and the end of June, Soros lowered his stock investments from $8.8 billion to $5.1 billion in the fund, Soros Fund Management.
He sold most of his positions (over 95%) in Wal-Mart, J.P. Morgan Chase and Pfizer.
His biggest positionb at the end of June was in the gold ETF which accounted for 13% of his equity portfolio at $638 million. Among the stocks that Soros added to the funds portfolio were Akamai Technologies, Salesforce.com, Netflix, and Chipotle Mexican Grill.
I bailed out 6 months ago!
read tomorrow
wasnt crashing the US his plan all along...
George has always been real good at knowing when to bail out on things.
Sure wouldn’t mind reading his obit in the morning news...
Damn, I’ll have to sell my Netflix tomorrow. Where was he last year when it was at 50? Now he is buying it in the 100’s??
Sounds like he is listening to Cramer . . . 3 of the C.A.N.D.I.E.S.
too late...damage done
The miserable guy deserves to go broke. Not a concern in the World, except for himself. And he wants everyone to believe he’s a great guy.
Anyone powerful enough to “rescue” the stock market also has enough power to crash it.
Yeah, I made a killing on Net Flix, bought into it about a year ago around $38.00/share.
Sold it for almost $140/share.
In 1/2 the month the National Debt has risen $129 Billion
Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
07/30/2010 8,702,457,766,405.64 4,535,269,210,484.39 13,237,726,976,890.03
08/02/2010 8,771,691,103,893.80 4,525,135,555,495.73 13,296,826,659,389.53
08/03/2010 8,771,462,133,533.12 4,530,175,683,617.83 13,301,637,817,150.95
08/04/2010 8,771,791,514,324.99 4,530,510,162,975.11 13,302,301,677,300.10
08/05/2010 8,777,035,305,005.64 4,533,852,046,660.16 13,310,887,351,665.80
08/06/2010 8,777,088,587,625.31 4,533,025,681,907.00 13,310,114,269,532.31
08/09/2010 8,776,823,621,528.39 4,534,426,605,934.48 13,311,250,227,462.87
08/10/2010 8,778,544,682,843.82 4,541,286,254,147.21 13,319,830,936,991.03
08/11/2010 8,778,639,712,764.28 4,529,232,185,228.65 13,307,871,897,992.93
08/12/2010 8,787,069,744,688.51 4,529,979,092,828.61 13,317,048,837,517.12
08/13/2010 8,786,780,915,472.22 4,528,637,036,402.78 13,315,417,951,875.00
08/16/2010 8,825,308,128,496.03 4,531,686,059,845.41 13,356,994,188,341.44
08/17/2010 8,825,395,074,863.64 4,539,344,786,476.89 13,364,739,861,340.53
That makes two of us, at the very, very, very least.
An uber creep who is completely unburdened with a conscience.
“I bailed out 6 months ago!”
Ditto.
Cool! Good riddance!
A wonderful pithy statement that only improves with pondering.
Sure wouldn’t mind reading his obit in the morning news...
An obit from HELL.
If Soros bails out, the sucker’s gonna crash. He knows.
I misread....I thought it said “Soros Bailing out the US Stock Market”......LOL
Problem is, his money will live on.
“Billionaire manipulator” would be closer.
“If Soros bails out, the sucker’s gonna crash. He knows. “
Indeed, this is something to lose sleep over.
Well, you can’t be too careful - the poor guy could end up with only a single regiment of butlers.
Me too. If you're not out now, better get to it. MHO, of course. That opinion is worth less than you paid for it :-)
Out before Soros!
Me too. LOL. My first thought was well he ought to bail it out since he probably was a big contributing factor to the 2008 crash.
.
Indeed, this is something to lose sleep over.
Are you serious or just kidding me? I’m not going to lose sleep over it.
This article actually gave me the chills. This could be the beginning of the end....
Golly, right according to plan. At a tender time, “sores” pulls out billions causing runs and instability. Who would have thought THAT?
ping
This article actually gave me the chills. This could be the beginning of the end....
One step closer, for sure.
Too bad his father didn't.
But...our “beloved” president says we’re in a recovery! /s
Another looter and plunderer of america leaves the casino with a full pot
Soros knows something and that something probably means the stock market will take an engineered nose dive. Or he’s simply trying to make it seem that way.
So it's not a total sell-off but it does show pessimism in the market. I watched Ted Turner do this 4-5 years ago. It's a controlled sell-off, designed to let the market recover a little then sell off more, then recover a littler, then sell off more, rinse, repeat.
He may actually have been too heavy in the market as a way to keep Obama from looking too criminal for awhile.
Well it is a hedge fund after all, so we will never know what his short and long positions are. The article means little.
Me too. Slowly.
LOL! I love it!
great, Soros gave us Obozo and a ‘Rat Congress, and now he doesn’t even have the decency to “stay the course” with his investments...... if anyone deserves to lose everything over the current govt/economy it is Soros
When the US falls, it will cause chaos around the globe. We can only hope a little finger of it touches Soros, until he is dead.
I MADE BILLIONS OF DOLLARS OFF YOU SAPS!
HAVE A NICE DAY. :)
Soros was the same guy saying Gold was a bubble as he was buying it. Methinks he enjoys trying to manipulate the market based on fear. It’s his ‘reflexivity’ theory in practice.
I’m bailed, believe it.
I’m no expert, but is keeping five billion dollars in the stock market really bailing out?
This guy should have been sued since a long time for frauds, conflict of interests, illegal political activities...I am wondering if he paid McCunt who was so weak beside Obama during the campaign as many RINOS singing the bipartisan song
It’s election time, many get out because of the doubt. Not me, either the Democrats lose in the next 2 elections, or most everything is going to be worthless
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