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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: jim_p who wrote (12581)10/15/2008 2:26:04 PM
From: SliderOnTheBlack1 Recommendation  Read Replies (1) | Respond to of 50412
 
re: "Slider,Take a look at EXM trading down 24% today
with a PE of 1.2X and a dividend yield of 11%."

Looks like Omaha beach during the Normandy invasion
in commodity land today.

I've never followed this one, but that bounce from $9
on Friday's massacre to $16, makes it verrry interesting.
Especially, given the volume isn't what you'd expect?

I think the word of the day is -- carnage.

The technicals don't matter, and the fundamentals don't
matter... when someone is getting liquidated and is
selling everything, because they HAVE TO, not because
they WANT TO.

SOTB



To: jim_p who wrote (12581)10/15/2008 2:40:28 PM
From: SliderOnTheBlack1 Recommendation  Respond to of 50412
 
JimP, take a look at selling EXM puts...

Baltic Dry Index is collapsing...but,
these are some very rich premiums:

March '09's

$7.50 EKNOU.X @ $2.20
$10.00 EKNOB.X @ $4.00

I've been selling puts in E&P's today...
premiums are really PHAT!

What I like about today, is there really isn't a tsunami
of selling volume... it's a complete absence of buyers.

SOTB