zarley Posted February 29, 2012 Share Posted February 29, 2012 Closed up 4% on a sharp late rally. Looks very odd; is there news? Link to comment Share on other sites More sharing options...
Zorrofan Posted February 29, 2012 Share Posted February 29, 2012 FFH is hedged for a market decline, so a bad day for the markets means a good day for FFH cheers Zorro Link to comment Share on other sites More sharing options...
zarley Posted February 29, 2012 Author Share Posted February 29, 2012 Given no news, I guess it's just the random machinations of Mr. Market. Link to comment Share on other sites More sharing options...
Valuebo Posted March 1, 2012 Share Posted March 1, 2012 FFH is hedged for a market decline, so a bad day for the markets means a good day for FFH cheers Zorro They are hedged but nothing more (or maybe 5% extra now). I would a agree that it would be good for FFH if they didn't have equity positions but they have. So all in all it's not that great. In fact, treasury yields went up which is bad for the position FFH holds so it probably was a down day for them as well. Just saying, nothing of this short term stuff really matters anyway. ;D It's funny to see these topics come up when FFH moves up 3-4% in a day, seems like no one is used to it for FFH. ;) Link to comment Share on other sites More sharing options...
StubbleJumper Posted March 1, 2012 Share Posted March 1, 2012 I had pretty much attributed the price rise to some weird meal that Sanj was eating. Chow down, Sanj! Link to comment Share on other sites More sharing options...
Uccmal Posted March 1, 2012 Share Posted March 1, 2012 Tornados.... Another Billion hit to the industry = hard market. Not looking forward to my next insurance bill, mind you. Link to comment Share on other sites More sharing options...
Parsad Posted March 1, 2012 Share Posted March 1, 2012 I had pretty much attributed the price rise to some weird meal that Sanj was eating. Chow down, Sanj! We don't get those wide swings in the price anymore usually, because for the last three years or so, I always eat lunch at my desk. Yesterday it was left over stir fry from the night before...nothing unusual...just spicy! Cheers! Link to comment Share on other sites More sharing options...
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