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Bio: independent long/short equities trader, former private investment analyst for mid-size insurance company

01:37 PM 11/19/09

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Nice drop today in PGP (Msges, Tweets). Premium to NAV remains very high (53%) by historical standards so I'm maintaining pos w/ offsetting long in EFA (Msges, Tweets).

02:45 PM 11/17/09

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Bought NHS (Msges, Tweets) @ 10.89. Closed end fund w/ stellar management team, 11% discount to NAV. Hedged with PHK (Msges, Tweets) short in Non-Qual, SH (Msges, Tweets) long in IRA.

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