Unsubstantiated, Possibly Baseless Rumor Of The Afternoon: Brian Hunter Goes For The Encore?
From the mailbag of awesomeness:
Very early unsubstantiated rumor going around that Brian Hunter-- who is still at Peak Ridge-- has completely blown up again, this time on bear spreads.
And we heard yesterday that a big fund went to MS wanting to bail on positions. Assume if this is true then it was him. He was seen buying a TON of puts, super teenies, back in April/May after selling a shitload of 4.50/4.75 strangles which then went completely in his face about 7 minutes later.
And right this second this just flashed across:
"Natural Gas Trades Spark New Amaranth Concern as Spread Soars"
Update: Another source casts doubts on this rumor, claiming Brian Hunter is mostly now investing in the "self-storage businesses" in his native Calgary.
Update II: Another adds "I'm here it was someone else," so who knows? (Other than the fish, who so far not saying anything.)