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: Perspective who wrote (196224)	4/14/2009 3:50:43 PM
From: ChanceIs	Respond to of 306849

>>>Companies like this do not escape the liquidity event horizon...<<< LOL. Good catch and turn of the phrase. SAH on Schwab's HTB list. Only options left trading are the May '09s. I just sold a $2.50 by $5.00 call spread for $0.35. Should be interesting. It did hit $2.74 today. Not a risk free trade, but has to be close. The auto industry unlike the banks is both illiquid and insolvent. If you keep making 16% ($0.35 on $2.15 placed at risk) every month, you can have a good year. Keep those cards and letters coming. This Bear ain't over until the pigs fly.