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Porgie Tirebiter

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Porgie Tirebiter

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Re: None

Tuesday, 08/16/2011 12:28:36 PM

Tuesday, August 16, 2011 12:28:36 PM

Post# of 212
Barclay's capital downgrades CHS to a $13 target, and we gap down big today. I don't subscribe to Barclay's, but I have a hunch they are worried about CHS's investment portfolio and what guidance will be regarding investment income. That's a non factor as far as I can tell. Would they rather have the company selling convertible debt??

Earnings are coming out prior to the open tomorrow.

I just bought a hundred more shares, and bought back my last set of Aug. 14 calls for ten cents. Had sold them for 40 cents last Thursday or Friday... Whenever it was.
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