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Colin,
interesting. Will have an eye on GS now. Thanks for the information.
Best regards,
Michael Suesserott
> -----Ursprüngliche Nachricht-----
> Von: cwest@xxxxxxxxxxxx [mailto:cwest@xxxxxxxxxxxx]
> Gesendet: Wednesday, January 30, 2002 22:01
> An: MikeSuesserott; Omegalist
> Betreff: RE: interesting BIG trades
>
>
> Mike,
>
> Fwiw, I've found that significant insider or beneficial owner
> trades studied
> over 12 years, that's how far back my data goes, almost always
> foreshadows a
> stock's trend which only becomes obvious in 3-12 months (of the
> date of the
> transaction). GS looks like a candidate (to me at least) that'll not only
> demonstrate this "statement" (again), but GS' downturn, if that's what
> happens this summer, will likely be seen in hindsight as a coincident
> economic indicator.
>
> Regards,
> Colin West
>
> -----Original Message-----
> From: MikeSuesserott [mailto:MikeSuesserott@xxxxxxxxxxx]
> Sent: Wednesday, January 30, 2002 1:37 PM
> To: cwest@xxxxxxxxxxxx; Omegalist
> Subject: interesting BIG trades
>
> Hi Colin,
>
> "Give me a place to stand, and I will move the Earth."
>
> I'm not totally sure that Archimedes had option spreads in mind
> when he said
> that, but the principle applies! Given a market direction or at least a
> price that the stock will not exceed, there will be a large choice of
> profitable option strategies at your disposal.
>
> But from a technical standpoint, doesn't it look to you like GS was in the
> process of doing a key reversal, along with the broad market? I for one
> would want to see the next few days before putting on any bearish
> positions.
>
> Take care,
>
> Michael Suesserott
>
>
> > -----Ursprüngliche Nachricht-----
> > Von: cwest@xxxxxxxxxxxx [mailto:cwest@xxxxxxxxxxxx]
> > Gesendet: Wednesday, January 30, 2002 20:39
> > An: Omegalist
> > Betreff: interesting BIG trades
> >
> >
> > When I saw that these two beneficial owners of Goldman Sachs (GS) sold
> > shares recently, I thought it maybe interesting to some people
> on the list
> > in terms of an economic indicator, and an indicator for the
> > indexes, imo.
> >
> > SMBC CAPITAL MARKETS INC sold 8.673 million GS shares for $794 million.
> > KAMEHAMEHA ACTIVITIES ASSOCIATIONS sold 5.455 million GS shares for $499
> > million. The average price for these transactions between 1/7
> and 1/10 was
> > approximately $91.52 a share.
> >
> > Oh! I don't have any short interest in GS stock. I suspect Mike
> Suesserott
> > could construct some interesting bear spreads on GS :-).
> >
> > Ok, back to work!
> > Colin West
> >
>
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