Most Popular May Posts
As part of my continuing monthly list of most popular posts, here are the most popular May posts.
An Inflation-Agnostic Trade: Chesapeake (CHK) Preferred Stock (CHKDG)
Review of The Hollywood Economist: The Hidden Financial Reality Behind the Movies by Edward Jay Epstein
Thoughts about China & Review of The Party: The Secret World of China's Communist Rulers
There Is No Switch
More About Longtop Financial
Note that these are most popular, as judged by the masses/market, not necessarily the best.
2 comments:
Yeah, I tried to pick up some of the CHK preferred last week when some poor schulb got taken out under $98. I was quite ready to pay $98, but no fill. :-(
Two days later, what I can only hope was a different poor schlub got taken in at almost $102.
WTF? Limit orders people!
Maybe I'll put a GTC at $75 and cross my fingers for a flash crash.
CHKDG is really illiquid - offering liquidity at attractive prices is a good idea.
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