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01/29/09 1:14 PM

#53061 RE: martingale #53059

If they go BK they don't have to cover their short position, that was his point.

And if the stock still holds value as you are saying, after BK, than it sure as heck isn't going to go UP in value, it would go down, and they could cover there, and still make money.
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Durkkdiggler

01/29/09 1:24 PM

#53063 RE: martingale #53059

A pigeon just left london. Pr tomorrow? 2 billion short is the word on the street btw.