I wasn't aware of this Arch..... If this gains more publicity, RMBS may not be a bad short..
Been away today, when I left home this morning, the NAZ was up over $20, I come back and it is down 50... Things aren't looking so good.
I'm thinking of buying myself some options on SUNW... There is a March 17th call selling at only 7/16... When the market rebounds, this may be a big gainer- something like a triple bagger..
Last time the market was hammered like this in early December, I was going to buy some PPRO calls at 1/2 when it was trading under $12... The next day, the market rallied and the call rose to $2... Could've been a 400% gain in one day...
I will watch SUNW closely tomorrow and am kind of hoping it drops around $15 so that the call will be even cheaper...
Good luck Arch!
-Dave