Wednesday, September 19, 2007

What's Flying? Coach (COH) and Fortress Investment Group (FIG)

TweetThis
What has the Fed decision brought back in play? Upper middle class potentially distressed consumers - see Coach (COH) up 6%+ today, and 9% since Fed and quasi hedge fund/private equity firms - see Fortress Investment Group (FIG) up 11%+ today and 14% since Fed. Blackstone Group (BX) is also 9% since Fed. Thousands of cheers must of went out across NYC yesterday as huge Christmas bonuses were back on track....

Now if we can only get that legislation shot down that wants to tax private equity like a normal corporation, we can truly make sure no billionaire got hurt in this pullback.... "No Billionaire Left Behind".

No positions

Disclaimer: The opinions listed on this blog are for educational purpose only. You should do your own research before making any decisions.
This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses you might sustain from the content provided.


Site by codeeo
Original WP Premium theme by WP Remix