GM.....Good short here

Quote from inandlong:

Lol! Well said lrm'! That's why I still read the posts is for guys like you who get it.

I'm always happy when someone makes a profit so making a few cents on GM, great job. But nibbling for scraps when the filet was served long ago..... no thanks.

And really, can you say you're short a stock when all you are is long some puts? I mean c'mon... premiums are nice and fat because of the recent volatility. Is buying premium the right way to go here? The answer to both questions is no. You're long puts, not short stock. You're buying premium when you should be selling it.

Lrm' I'm still laughing. That's a funny post. Hopefully your message gets across.
More...

Closed last half of puts@ 2.20 today from .49.

Only 400%

I see what you're saying. Next time I'll go for a real homerun I guess :confused:
 
The people on this site are pathetic lol.

And YES i'm TECHNICALLY short the stock granted my right to sell the 100 shares.

8.20 to 5.50

Apparently I don't know what I'm doing though.
 
GM and F both going broke. Expect massive layoffs over the winter which will cascade through many other industries. Unemployment goes over 10% easy. Short it all the way to BK. Country's gone to hell!
 
sorry if i offend anyone, but GM and F are two companies that i wouldn't mind going bankrupt. these companies have been surviving off of government subsidies for years. plus they produce uncompetitive products. if they die, hopefully the entire automobile industry will be better.
 
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