Monday, October 23, 2006

Nygren

Did I see Nygren touting Home Depot on CNBC today, or was it a UFO? I guess he did mention that he bought KMart in 1980...

5 Comments:

Blogger Nomad-amus said...

...and Fannie Mae in 2004

8:51 PM  
Blogger Not Sure if Al Gore or Global Warming is a Bigger Joke said...

Hey Huck,

Maybe I should have gotten my short report on HD in the portfolio afterall....what was your long thesis? The guy who covers it here is bullish also...i don't see it.

12:32 PM  
Blogger MattKelly54 said...

Maybe you should ask Eddie Lampert.

1:08 PM  
Blogger Not Sure if Al Gore or Global Warming is a Bigger Joke said...

he doesn't take phone calls...why is he bullish?

1:15 PM  
Blogger MattKelly54 said...

http://www.nypost.com/seven/10012006/business/eddies_mad__business_hilary_kramer.htm

Last month, reports had Lampert interested in Home Depot, and shares of the chain ran up 8 percent on the rumor. Was Lampert throwing money at Home Depot? And was it Sears' money?

Investors won't soon know. Lampert has gotten a waiver from the Securities and Exchange Commission allowing him to delay reporting such news from the standard 13-F filings.

2:02 PM  

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