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The 1% always find a
way
Sorry for being a bit absent lately. Still in shock at the
election result and what it all means for the country, for the
Supreme Court, etc.
Anyway, I actually laughed when I saw this article. Some Goldman
Sachs execs had stock options priced at $199.84 back in 2006, and
they were about to expire worthless. After Trump's win the stock
surged above that price, they sold, and all made millions.
finance.yahoo.com/ne...4.html
Btw, remember when I mentioned CMG recently at $370? It was $415
today.
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Jester,
Nice call on CMG. (While I'm at it, congrats to Jon who can make
a stock sink like a stone just by writing calls on it.) Goldman
probably figured it was cheap at $225k X 3 to have Hilary on a
short leash. With Trump, it's probably an easier situation -
they're just taking 'advantage' of existing tax/other laws, so
they're right in line.
I share your concern about Trump. So many potential crises, so
little ability to drop the grandiosity.
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Author:
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Jam
ok
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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11/18/16 at 6:44 PM CST
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