Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: saveslivesbyday who wrote (90231)	9/24/2007 9:27:53 AM
From: ChanceIs	Read Replies (2) \| Respond to of 306849

>>>out of the three it's the only one with short shares through Schwab.<<< I had deep ITM puts against my SPF shorts going into Friday. Before I let them get called away, I called Schwab late in the day. They assured me that I would have no problem reopening my shorts this AM. We will see. I WILL NOT be selling poots against them this month. I did the same for HOV. There were no shares. I rolled my poots out and down to $10 from $12.50. I fear that that may not have been far enough. BTW: I shorted a big pile of SPF on Aug expiry (Friday) for $10.20. I sold the Aug $10 poots for $0.25. They expired worthless in three hours. I turned around and sold the Sept $10 poots for $2.15. Of course they were exercised against me this weekend. So lets ... $0.25 + $2.15 + $0.20 = $2.60/$10 = 26% for one month. This is the happy hunting time. Get it while it lasts.