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Post# of 704019
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S Chun-Li

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S Chun-Li

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Re: None

Wednesday, 07/09/2008 7:33:54 PM

Wednesday, July 09, 2008 7:33:54 PM

Post# of 704019
GM unshortable.

I haven't been able to unshort GM for a while as no shares available to borrow. This is annoying as I see every 1000 shares short in GM as $10000 profit when the impending bankruptcy arrives.

So i have been shorting AXL as a proxy for GM. AXL are heavily dependent on GM as a major customer. I expect them to face bankruptcy this year.
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