JPM

[SRyan]

Down >6% already. Will look really tempting at <$30. Not sure if it will go that low, but let's see what unfolds from this.

 

[73ss454]

Yup, I think it could go down a little, then up and maybe down again.

 

[LOL!]

So if they lost a couple billion dollars trading, the folks on the other side of the trades must've made a couple billion. Who did JPM trade with?

 

[frayne]

I don't think their hedging paid off in quite the way they thought it would.