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And just think of how great the market would be doing if they did the deal at 100 bucks? This thread is a total moot point since the price is 2 bucks.

Just like i figured it would in this post... http://www.elitetrader.com/vb/showthread.php?s=&threadid=121380&perpage=6&pagenumber=11 The ET classic bs is starting

There was not a single place on the street to borrow shares for shorting thursday or friday. Its not worth addressing this issue further.

Cant wait for the parade of ET'ers who will tell you they shorted the piss out of this one or "got lucky" and bought puts last week LOL

You're 100% right, they're carryin' a lot of worthless crap on their books. If it was just about liquidity someone would buy the paper on their books for pennies on the dollar and BSC would be able to have kept the profitable businsess.

SLK selling FirstOptions of Chi and then buying them back from First Conti 7 years later was one of the all time flips. Buying BSC for 2 when the clearing business is reported to be worth 20 tell you just how shitty the rest of the crap on their books is. We'll see how great a trade it is in...

No kidding? Wow thats a heck of a piece of insight you shared.

JPMorgan Chase will exchange 0.05473 shares of JPMorgan Chase common stock per one share of Bear Stearns stock. Based on the closing price of March 15, 2008 , the transaction would have a value of approximately $2 per share. Effective immediately, JPMorgan Chase is guaranteeing the trading...

The definition of recession really is meaningless. Esentially we're in one for any real purpose anyway.

I agree for the most part, looking at volatility its not setting highs on each visit to the 1270 area. Which is just confirming what you said, in that people are not as neavous each trip there.

Bear markets canlst longer then 2 years. This thread and forum has zero imp act on anything. You say the market didnt sell off friday? LOL The down down 200 ish, the naz comp down 50 and the SnP cash was down 27ish, but thats not a sell off? As far as the OTM call volatility, well then I...

Bear S will be bought by someone in the next few weeks, they're not a retail bank so they wont have "lines" of people standing our front, thats just rediculous. The US banking system wont be shutting down for 4 to 10 days again I don know where you got that stuff from but it sounds like...

He's no more believable then the BS artists who say they shorted the piss out of BSC. Its the internet soooo many people looking for the attention of total strangers

Why do people waste so much energy bashing CNBC just trun the channel if you dont like it.

Oh is that what your agenda is here? You're an antisemtic preacher of hate? LOL I am not calling for Spitzer to do anything but go away.

ROTFLMAO I am not defending anyone I was simply laughing at the notion that W would step in to pardon Spitzer in the same way he did with Libby. I do want to thank you for the laugh, not sure what tangent you're off on but it had nothing to do with my chuckle on riskfreetrading's...

The PPT right, the guys on the CME who pop out from under the floor tiles in the red, white and blue trading jackets. They are the only ones I have ever seen whose clearing company is the Federal Reserve Bank. They all have the acronym FED on their badges too right. They’re the ones stepping...

Trader56 for what its worth there is no reason NOT to be frustrated. Good people come and go but the dreck that has nowhere else to go remains. They need a captive audience because otherwise, like in the real world no one would give them the time of day. Frank, day7793 is a SCM (stone cold...

Frank, although I appreciate your comments I think you miss theh point. The drones who start these threads are just market fodder and they just sit around and trade their 10 lots and toss stuff at the wall to see what sticks till they dont have enough to trade 10 share lots anymore. Your...

I don’t trade crude and no one at our firm does, but I sure know plenty of people who are in the crude options pit who used to be on the floor in places we had guys in the 1990's and early 00's. Granted I was kidding around a bit but the gov't is not supporting the price of crude, which...