Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Travis McGee

I’ve been a bit perturbed by the decline.

But like you, except for maybe 5% of what I have, all was bought when it was in the 5-7 dollar range and alot of that was in the 3-5 range.

I’m just sittin here waiting for the 33,000 short contracts those two banks sold unwind. Just two or three delivery failures/defaults could send it to the moon!


104 posted on 09/12/2008 7:55:19 PM PDT by djf (This ain't no party, this ain't no disco, this ain't no fooling around...)
[ Post Reply | Private Reply | To 99 | View Replies ]


To: djf

Yep, it’s going to be interesting.


110 posted on 09/12/2008 8:11:55 PM PDT by Travis McGee (--- www.EnemiesForeignAndDomestic.com ---)
[ Post Reply | Private Reply | To 104 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson