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OSG stock has been under pressure today because bonds are super weak. one is down 23% and the other 18%

I've done some more reseach on OSG and posted on SA http://seekingalpha.com/instablog/5013891-aquaresearch/1182971-this-might-be-why-people-are-so-nervous-to-lend-to-osg I didn't put lies though. I'm going to keep a small short until either I get confident they are finished or there is some...

Covered OSG into morning panic, will look to reshort later when I see things more clearly

Yeah, someone could just create a BS account like 'CreditReporter' and move the stock in a flash. Just last week someone manipulated VRNG a ton saying that GOOG would settle the suit VRNG has I want to be aware of this so I don't get caught in these lies

lol. If I wanted I could tweet "$OSG, my sources indicate the company will file for chap 11 bk by midnight" and tank the stock. But I won't play these scumbag games

Anyone has news that lead to the AH tank?

It was also reported/rumored that they breached the loan covenants already

What made the short attractive was that the stock barely reacted when I got the bk lawyer news. There is a potential for a morning panic just based on that

what about the bk laywer they hired?I'm not quite sure how to proceed here. I might even cut my position as I'm kinda big on it

http://www.proskauer.com/news/press-releases/october-10-2011/bankruptcy-restructuring-lawyer-geoffrey-t-raicht-joins-proskauer-as-partner-in-new-york/ Key here is to cover short immediately if there is any kind of 'deal' in the works or any agreement to solve things outside BK. I got squeezed...

I'm shorting OSG, no idea if they will file soon. Speculating here

OSG brings on Proskauer restructuring cousnel as prospects dim for near-term revolver refi"

PPHM is on a BK watch. I'm already short as part of my garbage strategy but I'm on the lookout for a possible intraday large short on BK rumors/facts

how do you keep up with so many companies?

Whats bizzare is that SSFs are not trading, with the uptick rule it will be a bit hard to short if they were to file. Still, totally doable, AONE put many rallies even though it tanked but its not as nice as no uptick rule and being one of the first to short

1st rule of bk stock trading is ALWAYS short first and ask questions later, worse case is lose the spread and commissions. It doesn't matter if its a rumor or unconfirmed In this case it was completely confirmed but I chickened out

Huge blunder, I got the news of AONE bk filling as fast as the bloomberg terminal guys due an audio news service I use, yet the stock wasn't moving at all, just flat at 15c with little trading, I thought it was weird and did nothing. When the news broke on twitter stock plunged, I shorted a bit...

http://www.bloomberg.com/news/2012-10-15/a123-defaulting-on-loan-payment-may-seek-bankruptcy-protection.html?cmpid=yhoo AONE might file for bk. Stock is kinda low to short though(13 cents). But I might short a pop here

I shorted some USDHKD at 7.7505 here. QE3 plus 2015 0% rates pledge combined with the pair being close to the band(Thus forcing the HKMA to print money to keep it inside) could lead them to change the peg. I don't even think that is all likely but its worth a shot. My position is not as big as...

Closed PGP, PHK is really weak today and this has been the leader