GM UP over 10% premarket

F-Trader · Jun 30, 2006

Nissan wants to be their NEW minority partner buying 3 Billion in stock.:eek:

GM/NISSAN

Market should have a nice run up with GM leading t he way. Good volume on GM premarket.

http://www.marketwatch.com/News/Sto...siteid=mktw&dateid=38898.3860675579-878559651

Edit: Now up 13% :eek:

myminitrading · Jun 30, 2006

Quote from F-Trader:

Nissan wants to be their NEW minority partner buying 3 Billion in stock.:eek:

GM/NISSAN

Market should have a nice run up with GM leading t he way. Good volume on GM premarket.

http://www.marketwatch.com/News/Sto...siteid=mktw&dateid=38898.3860675579-878559651

Edit: Now up 13% :eek:

End of quarter anticks. they sat on this news till today for a reason.

Never short the last few days of a quarter.

a529612 · Jun 30, 2006

Shorting this POS here. The deal is not going to happen anytime soon.

Bitstream · Jun 30, 2006

Quote from a529612:

Shorting this POS here. The deal is not going to happen anytime soon.

tried to sell the p.o.s soon after the open but no shares available to short

took slightly less than 1% on longs in premkt tho..

a529612 · Jun 30, 2006

Quote from Bitstream:

Quote from a529612:

Shorting this POS here. The deal is not going to happen anytime soon.

tried to sell the p.o.s soon after the open but no shares available to short

took slightly less than 1% on longs in premkt tho..

More...

Just buy the puts.

Bitstream · Jun 30, 2006

Quote from a529612:

Just buy the puts.

yeah was suggested to me in chat as well; didnt think of that unfortunatley.

bestfriend · Jul 2, 2006

This isn't likely to happen. They couldn't even agree on Board seats.

Borrowed GM and shorted 7800 at 30.65 avg. Covered at open

a529612 · Jul 4, 2006

Looks like that old man just wants to get out of his position with a small profit. His average is around 30-31.