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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: cubsfan who wrote (5911)8/12/2009 5:44:11 AM
From: RockyBalboa  Respond to of 6370
 
looking at MICC ($69) to short, perhaps 15 to 20 bucks downside if telecoms continue to weaken. It is odd that they sell some operations which were decently profitable. Perhaps they sell while the selling is good.



To: cubsfan who wrote (5911)8/13/2009 11:36:02 AM
From: RockyBalboa  Read Replies (2) | Respond to of 6370
 
cubs I cut my position DTG in half but shorted CAR instead. CAR the much more indebted operation. With little debt DTG is actually a LBO candidate.