More Bidders for REFCo

Discussion in 'Wall St. News' started by CPTrader, Oct 19, 2005.

  1. dude - care to explain why it wld be so great for this planet or is it just a vision you had when u last where in lourdes ??
     
    #31     Oct 22, 2005
  2. =============
    Good points, wasnt aware of the ''John Roberts trends '';
    which present another ''bad''problem to Abadi bid.

    Another thing about Abadi bid , similiar to the Chinese gov;
    thats fine if the Chinese gov gets a stake in Kentucky Fried Chicken franchise

    Another problem, do GOOG or YHOO search ;
    human right abuse ,Dubai.
    Choices have consequences.

    But major Dubai interest in REFco or an
    China takeover on
    USA OIl-co is much more serious;
    more so than a Chinese stake in a KFC franchise
    [Actually not aware of franchise details, merely a concrete illustration]

    Fine if an Arab, & he already has ,bought a huge stake[less than 50%] in Citigroup stock .

    And also a YHOO link speculated the winning REFco bid probably about a billion$:cool: ;
    not negative on the French, but prayed against Abadi bid,
    and French underground helped us in WWII, to thier credit.
    Merci/thanks
     
    #32     Oct 22, 2005
  3. Dubai Investment Group LLC (DIGL), Man, Marathon are new bidders for REFCO.

    DIGL is biding 111% of regulatory capital for the futures arm vs 103% by Flowers & 106% by IB.

    Looking good for my dear REFCO!
     
    #33     Oct 24, 2005
  4. Customer assets now down to $3.4B....not good!
     
    #34     Oct 24, 2005
  5. Since you are already long the stock, how is buying calls a hedge?
     
    #35     Oct 25, 2005