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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (85217)8/14/2007 12:53:44 PM
From: Lizzie TudorRespond to of 306849
 
did you see the FT article that BZH has a month to restate or else default on their 1.4 billion LOC?

I can't see how they make it.



To: ChanceIs who wrote (85217)8/14/2007 1:53:40 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
>>Is it asking for trouble to naked short the BZH Aug $12.50 calls for $0.30 and hold until Friday's expiry???<<

I'd vote "yes", it is asking for trouble. Pennies in front of steamrollers, as LIG would say....


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