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golfnara

06/03/09 11:19 AM

#4583 RE: DB45 #4579

going down? i see this as multi-dollar in couple months... jmho

Vi

06/03/09 12:32 PM

#4596 RE: DB45 #4579

Shorts moving on.

Vi

06/03/09 2:30 PM

#4607 RE: DB45 #4579

Actually, wrong I am. The Market Makers sold June $1 GM puts
at 0.4 a pop, with no ability to hedge these puts because
there were no shares available. That's who is trying to
hold GM at 0.6 until these puts expire. Not sure if they will
be successful.