Recent Comments:
EA announces Mass Effect 2 Collector's Edition {Joystiq}
Nov 5th 2009 10:06AM My top 3 games from this gen have sequels/addons
MW2
Ballad of Gay Tony
Mass Effect 2
I am very happy.
HTC Dragon coming to Verizon as the Passion? {Engadget}
Oct 26th 2009 12:52PM You're not gonna put your dick in it, it's a phone ffs.
Obviously you don't know some engadget readers...
Ready or not, the latest 3D technology is coming home {Engadget}
Oct 26th 2009 12:45PM Broadcasters aren't ready either.
If they can't push 1080p to your tv, how are they going to push 3d?
The sports argument is considerably weakened when you consider it will be years before you see the nfl in 3d coming to your house.
Sure, it may catch on eventually, but I don't see it gaining popularity in the near future.
Panasonic's 1-inch thick Z1 plasma reviewed: playing with perfection {Engadget}
Oct 22nd 2009 10:24AM Please... your post has me rolling around on the floor faking an injury.
Panasonic's 1-inch thick Z1 plasma reviewed: playing with perfection {Engadget}
Oct 22nd 2009 10:23AM If you want black levels, plasma is the way to go.
Who profited from Bear Stearns' collapse? One insider did, and got away with it {BloggingStocks}
Oct 21st 2009 1:38PM Willy, I started to read that, but decided to avoid wasting a good 20-30 min.
The fact remains this.
There is no proof that this guy was an insider.
Like I said before, he could have just been purchasing options being bearish, he didn't necessarily know that bear would tank.
What I forgot to add but Dan did, was that at no point would this guy be considered an insider. at what point did he have fiduciary duty to Bear sterns?
Lets say there was this meeting where everyone on wall st showed up except bear. That means that all the other ibanks have the same info that this trader does. That means this trader has no fiduciary duty to bear.
This article written by Mark is completely WRONG.
Too many writers on this site have an agenda (trying to fool the average joe who doesn't know much about markets), or they simply don't understand what is going on themselves. Either way, it angers me to see this on an investors blog.
Who profited from Bear Stearns' collapse? One insider did, and got away with it {BloggingStocks}
Oct 20th 2009 3:09PM fine, I will be nicer this time,though what I said before the comment was deleted is TRUE.
what this guy did was buy puts with a low strike price. The way it works is that if the price of the stock goes below that price, they make money. Now lets apply logic to this situation. A trader who believes the stock will go down, and buys low k puts, is not necessarily betting on the stock to drop "more than half". He is simply betting the stock will go down. Consider this. What if the stock dropped 10%, and not half. The puts the trader bought would be worth more than they were before. The trader could sell those puts now, and make money, without the stock dropping 50%. What I'm saying is that the trader was probably lucky. He himself was not expecting for his puts to go into the money. He was just bearish on bear sterns, got VERY lucky, and got paid. Thi was not an obvious case of insider trading.
the analyst saying that the trader bought lottery tickets is only partially accurate, because as I said before, he could sell those "lottery tickets" for a profit, even if they didn't drop the entire amount.
again, why are you getting your financial news from rolling stone?
Ion propulsion engine could take you to Mars in 39 days {Engadget}
Oct 20th 2009 10:40AM I hope we find some element zero on mars.
REPORT: NY cracking down on cabbies using cell phones - only took 10 years {Autoblog}
Oct 19th 2009 1:01PM I see no harm in letting cabbies talk. All of them do it. Its not like all of them are getting into accidents.
US Mobile DTV standard finally approved {Engadget}
Oct 16th 2009 8:56PM call me when you can stream from a torrent on a smartphone
