It also meant that those already invested in the credit markets had strong paper gains yesterday.
If companies matched their pension funds, using conservative bonds, they would miss out on this opportunity for a paper gain.
With the stock now at $34 a share, each deal represents a tidy paper gain.
They treated paper gains as real and even borrowed against them.
United States home prices are cooling down, giving consumers less confidence and stripping them of paper gains.
But their big paper gains are still at risk if the market tumbles.
Do you mean when sold or to include any "paper" gains even if not realised?
But $6 billion of the spectacular increase was mostly a paper gain from dollar depreciation.
With the steep drop in prices this year, Apache has large paper gains on those contracts.
However, investors sitting on big paper gains and a large real loss might want to consider selling the profitable asset.