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


To: Travis_Bickle who wrote (108838)3/10/2008 3:35:37 PM
From: BWACRead Replies (2) | Respond to of 306849
 
Just asking because I am in the same theory with GE. And it just ain't working. (Of course I did buy the 35 Puts as well as the stock) I might take the Puts off soon.



To: Travis_Bickle who wrote (108838)3/10/2008 3:57:51 PM
From: Jim McMannisRespond to of 306849
 
Their (GE) stock buyback program looks like a bust.
The stock must be yielding close to 4%.

This Real Estate mess is bringing down everyone with it.



To: Travis_Bickle who wrote (108838)3/11/2008 8:30:49 AM
From: Think4YourselfRead Replies (3) | Respond to of 306849
 
Looking for long positions for a bear rally. GE has almost no shares short, less than 1/2 of one percent of the outstanding shares. Honeywell is a similar situation with ~1.4% shares short.

I can't find any company I want to own long here, even for a trade, that has potential for a short squeeze. BZH (74%) and SPF (64%) have phenomenal short interest but the shorts there probably won't be squeezed very easily. Any ideas?

edit: Fed just made an announcement that changes the game. I am SO happy to have covered Merril and Bear Stearns yesterday!