News Focus
News Focus
Followers 540
Posts 37753
Boards Moderated 1
Alias Born 09/08/2008

Re: waltczyk post# 107375

Friday, 10/09/2009 1:29:30 PM

Friday, October 09, 2009 1:29:30 PM

Post# of 749756
What is so unreal about that call? The bottom line is that after today we are only 8 trading days from one the biggest hearings yet in this whole debacle.

Why would a short risk being in this going into that hearing? What if JPM just decides to pull the plug and settle before losing the 4.4 Billion? If I'm short from 40 cents, or higher, why wouldn't I cover at 20 cents, 25 cents? Just the anticipation of this hearing alone could retest .44 here...

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today