Date updated:10-16-2008
"We're finally seeing the liquidations. What does all of this say? It says that we are beginning to get bargains -- EVEN if the financials stay awful." - Jim Cramer

-
CHK
Chesapeake Energy - $24.17
- -2.78%
- $23.82
We're finally seeing the liquidations. Finally. We saw Aubrey McClendon get margined out of almost all of his Chesapeake (CHK), which is an incredible thing to behold because he bought and bought and bought and he did it with borrowed money. Unbelievable.

-
CBS
Cbs Corp Cl B - $13.17
- -2.80%
- $12.86
We saw Sumner Redstone margined out of some CBS (CBS) and Viacom (VIA) -- can you believe where that CBS has gone? And we heard from Doug Kass about a couple of liquidations that I believe will clear up the infrastructure situation, as the hedge funds I hear that are out are in that cohort.

-
VIA
Viacom Inc Cl A - $31.62
- -1.22%
- $31.11
We saw Sumner Redstone margined out of some CBS (CBS) and Viacom (VIA) -- can you believe where that CBS has gone? And we heard from Doug Kass about a couple of liquidations that I believe will clear up the infrastructure situation, as the hedge funds I hear that are out are in that cohort.
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A. any forward growth guidance you get from
a company has to be taken with a grain
of salt. dubai was not news 2 days ago,
yesterday it clipped the s n p for 20
points. these are turbulent times and
all forward statements are a guess. 5
year ones are a joke. we've had a really
nice upternd for the last 8 months, that
may be coming to and end or at the very
least its probably gonna get choppy.
you're gonna have to be the judge of the
reliability of any future estimates and
any one stock can have multiple guesses
at theirs.
A. The only one I own : SLX,
too hard pick a winner out all of them
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