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spoonman

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spoonman

Re: javadreams post# 5170

Tuesday, 06/23/2009 9:23:10 PM

Tuesday, June 23, 2009 9:23:10 PM

Post# of 12368
Thought i read a post on yahoo board about 6 weeks ago that basically what was going on with C was that by selling puts and selling common @ a loss-- maybe a 20% hit overall on the shares but they would more than make up for that by what they would make on the sale of the puts. Drive the price down so they get more shares on the conversion-- get the pop and then short again--- any of this make sense to anyone here on this board?
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  • 1D
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