Longshots 2008 thread Whats yours?

Quote from nitro:

Out 75% of position. Leaving some in case it goes to $10 or below. Trailing the stop.

nitro
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Stopped out by the trailing stop on the remaining 25%. All out.

nitro
 
Quote from uptik2000:

Thanks, Nitro.
I covered another at $37. Stop for remaining half stays above hod.
Also got short WFMI today at break of yesterday's low.
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Closed out the WFMI short today. Pretty good 30% gain. Will look to see if she gives another opportunity.

AIG gave some chances but I never re-shorted.

Won't be doing too much trading for the remainder of the summer.

Trade Well.
 
PMI companies.

MTG, PMI, RDN, GNW.

These dropped so much it seems the market was wiping out the whole industry. I'm up an average 145% over last 5 weeks. I paid .85 for PMI now up to $2.79.

These are risky but if you believe the industry will survive there are some great bargains.

Kev
 
Quote from uptik2000:

short AIG
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Now $12.40 and falling. :)

I'm going to put together my watchlist with targets/stops for 2008 q4. PM for it. Only the cool kids get the list. :)
 
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