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Non-Tech : Bill Wexler's Trading Cabana

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To: cubsfan who wrote (5604)6/10/2009 10:13:22 AM
From: RockyBalboa  Read Replies (1) of 6370
 
Bastids!

But well, since GM tripled in one week... and HEB trades at $3 etc...

these car parts companies are all surrogates of GM trading now, as GM no longer has stock-related derivatives.

GM trades at 1.60. Its future contract which is unhedgeable now, trades below 1. Maturing in one week. You bet.
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