Traders Cooperative

[See Shasta]

Its a great return if CFC stays above $5 and you get called. It looks as though expectations are for a market bounce of some type soon and that should help get BAC and CFC higher. That said, these stocks look like they want to go lower. I'm a scaredy cat, Joe, but you seem to be able to do a great job of calculating the risks in these type of plays. I was going to ask you how you come up with some of these ideas. I have been catching up on posts and I saw your wonderful trade with the preferreds.