Recent content by xzhou25

Shouldn't have hedged with the calls.. Don't know why nobody mentioned, but bonds would be the best hedge..if GM doesn't file, meaning it doesn't default. there will be gov backing and the bonds will have a 500%-700% upside from 2 dollars...

Don't know if many funds or traders are doing this. But you really should short shares (buy puts) and long bonds. There is a huge discrepancy-- people primarily speculate on GM's fate with equity, but not bonds. Well, it is not yet too late, you can enter some position Monday morning before...