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Porgie Tirebiter

11/01/13 10:23 AM

#7988 RE: slacker01 #7987

It's not. AIG traded for less than this as recently as three weeks ago. Stocks go up, stocks go down.

I had sold Nov. $52.50 calls yesterday for 85¢ and just bought them back for 6¢ a few minutes ago. That doesn't make my loss on paper any less, but it's cash I get to keep.