I sure wish I had shorted BP stock last year.
You can't see everything. But I'll bet someone shorted it. Time will tell.
Woulda been a tough short to stay with, however a short put on a just a few days ago would have been dandy.
Sort of like the homebuilders. Those stocks ripped the livers out of plenty of doubters before they finally put in some downside. Friend of mine is short NVR from appx 920. Yes, that's about -425 points!
http://www.marketcenter.com/stocks/adv_chart.action?chartUi.studies=&sym=NVR&chartUi.bartype=CANDLE&chartUi.period=M&chartUi.minutes=&chartUi.size=620x300&chartUi.bardensity=LOW&chartUi.overlay=&x=17&y=9
"I sure wish I had shorted BP stock last year."
It may not be to late to short Reuters. They just admitted to another false story today. (the funeral didn't get bombed like they said.)
We just cashed in some BP stock options that we held for about six years, hoping that they stock had just about peaked.