SEC sick?

I don't own any of the mentioned stocks SAC is invested in,
but now I seriously think I should buy some puts of SPY, CLNY, CLDX, LOGM ...

I read somewhere SAC holds more than 3.5% of SPY ! That's IMO impressive...
Here I found ithat number:
http://www.insidermonkey.com/hedge-fund/sac+capital+advisors/8/
And here:
http://www.cnbc.com/id/100900242?__source=yahoo|finance|headline|headline|story&par=yahoo&doc=100900242|SAC+Capital%27s+biggest+pos

 

Gretchen says $51bb in total exposure. This morning NYTimes. That works.

 

You sure mean this by Gretchen:
..."
For SAC, this figure, known as total regulatory assets, stood at $50.9 billion, according to an S.E.C. filing made by the fund last Tuesday.

There is a big difference between $14 billion and almost $51 billion, of course — and it is leverage. A wonderful tool that generates heightened profits when assets are rising, leverage can crush you when it comes time to sell.

Adding to the difficulty in unwinding a large portfolio is this fact: When Wall Street firms get a whiff of trouble at a fund whose holdings they know well, they are known to capitalize by front-running — buying and selling in advance of the fund’s forced trades, increasing its losses as it liquidates.

That is precisely what happened when Long-Term Capital Management hit the skids in 1998. Some brokerage firms that held the fund’s securities profited from such front-running after being allowed to pore over its books as regulators fashioned a rescue. These trades exacerbated Long-Term Capital’s losses.

In other words, in a liquidation, Mr. Cohen may learn how loyal, or not, the firms on which he lavished such hefty commissions over the years will be. When it comes to unwinding a huge portfolio, these firms may make a notable 2004 art purchase by Mr. Cohen — of a tiger shark in formaldehyde, by Damien Hirst — look like a guppy.

Knowing a firm’s portfolio positions, especially if it is in distress, is a crucial edge, to use the government’s word, that Wall Street has over the rest of the world.
...
"
http://www.nytimes.com/2013/07/28/b...richter-scale.html?ref=gretchenmorgenson&_r=0

 

Apparently you are not reading the right stuff. read about their huge long big pharma position what was witched to a huge short position right before negative news came out... And tell me that was insight...

 

intuition maybe ?

 

In every professional trading platform there is a button labeled "reverse the position".
If a trader thinks the trend of the position is ending then he/she usually does one of these options:
either close the position or reverse the position.
And these guys are 100% in the market, they know the underlying instruments they trade very good,
so just keep it, but just reverse the position. This is a usual tool and method of trading.

Either the govt brings evidence or is risking to be sued itself because of damaging SAC with unsubstantiated accusations, badmouthing and damaging the company and the reputation of Mr .Cohen.
One might also ask if the prosecutor really serves only the government...

 

Specially if there is a good doctor notifying you about the failure of a drug trial.

 

Preet is going to make a name for himself. Guiliani has lived off his Milken effort for over twenty years. This is going down. They didn't bring this to lose. it's a new era. Not sure why, but it can't be worse.

 

which part can't be worse? The cleaning up or the filth that needs to be cleaned up? I hope you meant the latter. At least there are a very few AGs that dare to challenge the status quo.