Friday, July 25, 2008

GM short

Just got a cover @ $11.81

Short from $12.35

Thanks LAT, I think thats 5 nice lots of GM short!!!!

3 comments:

Latviski said...

Awesome work bud! Glad those all worked out for you - def. a nice series of trades.

These guys are still headed back to single digits IMO; as next week plays out I'll see how/if they bounce and whether or not to jump back in on these guys.

Did you see the news about Chrysler - they aren't doing leasing any more!!!! WTF?! That's gotta be 1/2 their biz right there...

All right - packing things up and heading down to DC for the weekend - catch up w/ everyone on sun night or mon am.

Hope you showed the lady friend a good time bro. ;)

Latviski said...

Just wanted to post this - now gotta get back to my cousins and enjoying the rest of the weekend. :)

(oh, btw, if there ever was a time for the SHTF...it's gonna be end of this year IMO). This deal is going to send the bond market reeling I think, and contrary to what it's supposed to do, crush the housing market into next year...

http://www.reuters.com/article/businessNews/idUSN2141192720080726

Latviski said...

Sorry...the first link didn't paste right (you'll have to paste it in two parts) from below...

http://www.reuters.com/article/
businessNews/idUSN2141192720080726