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grandetourismo

06/05/09 3:29 PM

#75431 RE: diamondguru-one #75429

I would think it would depend on what circumstances a stock was halted.

I would think in WaMu's case, the only effect it would have on the shorts is they would have more time to grimmace before the stock was re-started and they had to cover all in one chunk.

Ouch.
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jackson227

06/05/09 4:25 PM

#75451 RE: diamondguru-one #75429

I don't think those 57 million that shorted symbol WM have to cover. The symbol WM doesn't exist anymore.


Those that shorted WAMUQ after the bk filing would have to cover imo.
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VivaLasVegas

06/05/09 9:06 PM

#75515 RE: diamondguru-one #75429

I hope their (JPM) short a bunch of WaMu's/Lehman's and the one buying us both out is Goldman Sachs.


Cheers
PS JUST A FRIGGIN DREAM SCENARIO. Jamie gets drilled, JPM gets BK'd, and we get PAID on the friggin PARLAY!