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To: MythMan who wrote (394125)9/11/2009 3:54:10 AM
From: Jeff Jordan  Respond to of 436258
 
How does that reverse split deal work when you're short?....options should be fun?<g>

For example: Let's use C for an example, If I sell say 1000s, and they reverse split say 10-1

if I'm expecting a $5 stock to go back to .70........it's hard to figure where the stock will trade after a split....look what happened to AIG, but, the gov only owns about 38% not 80%...first, I'll buy some $8 calls or something?<g>

it's all good, F, BAC pretty much anything the devolution thinks is important?

LOL, GS is now $100+ a share higher than it's low around $72 ....time for them to split?<g> Valuations are all over the place, but the markets are worth about $3T more than a year ago and people still say it's cheap?<g> Obama will rake in some tax revenues this year!

See you guys Monday for some reel selling? I've got 10 big bass to catch this weekend that's all I care about<g>