Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: 1rudeboy

Then you missed the three or four threads noting that it peaked within hours of Semgroup’s multi-billion wrong-way short position got resolved.


53 posted on 03/31/2010 8:38:15 AM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
[ Post Reply | Private Reply | To 2 | View Replies ]


To: jiggyboy
Then you missed the three or four threads noting that it peaked within hours of Semgroup’s multi-billion wrong-way short position got resolved.

So, in other words, the majority of speculators got it correct?

55 posted on 03/31/2010 10:15:43 AM PDT by 1rudeboy
[ Post Reply | Private Reply | To 53 | View Replies ]

To: jiggyboy; Toddsterpatriot; Mase; expat_panama
Inside The Semgroup Bust, Forbes, July 28, 2008.

Help me out here (I'm suffering from a headcold and don't feel up for the mental contortion). So Semgroup bet correctly, but too soon? (Yes, that means it bet incorrectly). So it was buried by margin calls? So does that mean that others conspired to put Semgroup out of business? Does that mean that Semgroup was squashed for predicting what happened?

This "evil speculator" stuff is complicated.

58 posted on 03/31/2010 10:33:56 AM PDT by 1rudeboy
[ Post Reply | Private Reply | To 53 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson