SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: The Reaper who wrote (2277)6/29/2007 8:43:08 PM
From: RockyBalboa  Read Replies (4) | Respond to of 6370
 
Subprime and Alt A is the place to be (short). I am doing this for months and I am not suffering despite the markets have been really bullish. But this stuff simply fails to recover...

IMB, for example is again below 30.
AHM, CFC not making any headwaýs either.

meanwhile, RIMM which trades over 200 afterhours, would have killed me, or AAPL or even GOOG.

I know that Alt A and its lax standards are the sign of the times and hence, nothing special. But still, the undoing of the worst credit risks will hit a stale market first (RE is).

KSS is a nother good example of a weak retailer with zero danger of an offer.

Short with impunity.