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Re: SyndicateTwo post# 21541

Monday, 04/20/2009 1:59:01 PM

Monday, April 20, 2009 1:59:01 PM

Post# of 22174
S2, How can you say something with such authority, like:

"Look at C. C of all things. Look at its breakout today. $6 and most likely $8 to $10 within a month? Watch how it trades tomorrow off the GS earnings. But anything under $4 could be a monster play and the way to play it is with the $5 calls 2 months out."

And then say:

"I can't believe I said that. I was looking at the breakout in the chart. It was pretty clear. But I didn't understand the mechanics behind what was going on. Karen Finerman on FastMoney explained away pretty well as the arbitrade to cover/buy the common and short the preferred on the dilution of the conversion.

Duh."

Quality or Quantity? We haven't heard much from you, and many of us pay a lot of attention to what you have to say. There's nothing we would rather have than a good idea on how to make some money. I guess all we have to do is bounce it off Rambos first? : ^ )

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