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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: t2 who wrote (10180)12/3/2001 6:23:56 PM
From: mishedlo  Read Replies (2) of 99280
 
I am not short ENE but I sure wish I was from 80, 70, 60, 50, 40, 30, 20, and 10. Doubling my short each time. I would gladly cover here at 60 cents and would be laughing my ass off on someones gain of 100% from "the bottom".

ENE declared BK.
What is it about that that I do not understand?
They owe 60B!!! in silly hedhges and committments.
Just what do you think will be left for shareholders out of BK hearings? How about ZERO.

Yeah it could double again to $1.20
but it is going to zero with about 99% probability or better.

M
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