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[Myself °¿°]

AnderL Im looking at this GE deal with Warren...
Correct me if I'm wrong...
He doesn't start loosing money "On Paper Based on PPS Price Per Share and special 10% divi"
until GE falls 10% from 22.25 ~ 22.50. But then he's still really not losing because he hasn't sold and he is collecting the special divi.
GE PPS 22.25 ~ 22.50 -10%
I'll use 22.50 -10% = 20.25
But since He really isn't loosing money
"because he hasn't sold and he has PPS protection with the special divi"
he could wait for another 10% drop before he adds to his position.

I don't really know whether or not the boys met their quota for distribution... I have a hard time keeping track of that sort of thing...
But I would think more shares could be distributed above friday's high only to be met with some sort of resistance...
for some odd reason "unknown"... and eventually fall -20% from 22.50 = 18? somewhere down the road.

Thinking this...
...I started looking at options
I forgot ya can't short this... low and behold options express reminded me.
It doesn't say anything about selling calls "for a short position".
This all makes me wonder why I would want to be long anything except for a relief bounce.

All this was rolling around my head yesterday and figured I better ask you for your thoughts.
Thanks in advance!!!

http://www.optionsxpress.com/OXNetTools/Chains/index.aspx?SessionID=&Symbol=ge&Range=4&lstMarket=0&ChainType=&AdjNonStdOptions=OFF&lstMonths=&FromVB6=True






I shouldn't be doing this on a Sunday