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Opinion on  Fairfax Financial Holdings Ltd. (FFH)     Sector: Financial  >  Industry: Insurance (Prop. & Casualty)
Fairfax Set To Gain From Defaults

Aug 23, 2007 04:52 AM GMT
Return Risk
+7.15% HIGH
Tracked Blogger

Fundamental Analysis  
Via www.controlledgreed.com:  
Angela Barnes of the Globe and Mail reports on Fairfax Financial (FFH/NYSE) potentially booking big gains on its holdings of credit default swaps (CDS): Stephen Boland, who follows the Toronto-based firm for CIBC World Markets Inc., said in a recent report that he believes the market value of Fairfax's CDS positions, which soared in July, will continue to increase and that Fairfax could realize an even higher gain through the next quarter as credit conditions in the United States dete...



This is a tracking account  [?]   SocialPicks is not affiliated with Controlled Greed Investor. The POS/NEG sentiment is automatically determined by SocialPicks from this blog post and should not be recognized as a position recommendation by Controlled Greed Investor

FFH:  This call was made on 08/23/07 @ $202.77
Rating:   Positive   $202.77 (08/23/07)
Gain/Loss:   +77.58% in 809 days


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