posted
gas prices are on the rise and ive seen articles on $200 plus eventually. . .so airline stocks are taking a beating
i have short order in for PNCL at $10 tomorrow
PCola77
posted
Man people will be pi**ed. $200 a gallon for gas?
quote:Originally posted by BloodHound: gas prices are on the rise and ive seen articles on $200 plus eventually. . .so airline stocks are taking a beating
i have short order in for PNCL at $10 tomorrow
PCola77
posted
Oh, but as for your first question, SDS is an ETF that returns 2X teh opposite of the S&P. So S&P down2%, you make 4%. S&P up 5%, you're down 10%.
Machiavelli
posted
I haven't shorted any stocks lately but you guys might consider shorting Qwest Communications (Symbol: Q)...
BloodHound
posted
BSC my next short for tomorrow at $30
The Wall Street Journal said on Sunday that Bear Stearns could sell itself for around $2.2 billion, or less than $20 a share
$$$$$$
Jo4321
posted
Shoulda shorted it Friday. You won't get the chance tommorrow now.
J.P. Morgan to buy Bear Stearns for $2 a share 7:40 p.m. 03/16/2008 By MarketWatch Provided by
NEW YORK (MarketWatch) -- J. P. Morgan Chase & Co. reportedly has agreed to buy Bear Stearns Cos. For $2 a share in a stock-swap deal, valuing the company at just $236 million.
A story in the online edition of the Wall Street Journal Sunday evening, citing people familiar with the deal, reported J.P. Morgan (JPM) will exchange 0.05473 shares of its common stock per one share of Bear Stearns stock. Both boards have approved the transaction.
The Journal also reported that the Fed is taking the extraordinary step of providing special financing in connection with this transaction. The Fed has agreed to fund up to $30 billion of Bear Stearns' (BSC) less liquid assets, according to the report....
Machiavelli
posted
How the mighty fall...
BloodHound
posted
ouch!!!! Bear Stearns got SMACKED HARD
BloodHound
posted
i still have CFC to look forward too tomorrow, shorted it at 4.70 a couple days ago and still holding
CFC (Countrywide Financial Corp) is having lots of problems. . FBI is investigating CFC and BAC (Bank of America) is suppose to be merging with them sumtime in the 3rd quarter
i cant see why BAC would want to merge with them
Jo4321
posted
Did you cover your CFC short, yet, Bloodhound?
Jo
$tock Weazel
posted
JOYG!
BloodHound
posted
yes Jo, i got out of CFC a while back for a 10% gain and PNCl for 5%
BloodHound
posted
i shorted CCOW at 8.25
PCola77
posted
Whoops, it's at $9 now.
quote:Originally posted by BloodHound: i shorted CCOW at 8.25
Free Muney
posted
rvbd is taking a beating right now... fell today through the 300+ day.
Free Muney
posted
ooo also ford. all us automakers released terrible numbers. but charts may say otherwise.
BloodHound
posted
GRMN has been tanking like crazy.
Im short looking to get out at $40
BloodHound
posted
LGND got a short at 3.40 looking for this to drop before market closes today