Small mistake

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Subject Author Date Small mistake Lawyerkill 03-17-2008  Re: Small mistake Comics Momma We... 03-17-2008  Re: Small mistake Frithiof Andrea... 03-17-2008  Re: Small mistake BuffettHater@gm... 03-17-2008
Posted by Lawyerkill on March 17, 2008, 5:22 am I purchased some DIA MAR121 calls the day before BSC dropped and looking at the futures today it looks like I'm taking a hit of a few grand. Here I'm thinking I made a big mistake then I look at the poor people that purchased BSC for $30 on Friday afternoon, now there's a BIG mistake. I heard that there was very heavy PUT buying on BSC the other day, many times the normal volume, that was a clue. Sometimes you're the windshield, sometimes you're the bug. Posted by Comics Momma WebTV on March 17, 2008, 5:32 am There was a nice young man on this board that shorted BSC repeatedly & bought a sh*tload of puts at $55. He also shorted LEH & bought puts. Does anyone know if he's well hung as well as the smartest man on earth ???? All them puts could bankrupt the issuers, LEH & Goldman. Posted by Frithiof Andreas Jensen on March 17, 2008, 5:52 am > All them puts could bankrupt the issuers, LEH & Goldman. > Nah - they would have securitized them and sold the product as a AAA-rated high yield bond ;-) Posted by BuffettHater@gmail.com on March 17, 2008, 9:20 am Buy puts on the LEH BSC taught us all that the entire industry is smoke and mirrors, as is our free market economy. SKF is a great buy on any market strength but this is not a day to buy it do a sell on it yes, but don't buy weak on weakness. And if you buy this, don't try to be a day trader, that kills shorts. turn off CNBC and bask in the glory of the cash. There will be other runs on the bank, trust me. LEH & ETFC are dead banks walking. Both worth under a buck IMHO. Am short both from far higher levels and am doubling down my bets. Similar Threads Posted WJA-T mistake November 7, 2007, 9:58 am The most foolish mistake November 3, 2007, 8:30 am The most foolish mistake November 3, 2007, 9:22 am Looking to invest small online September 14, 2007, 4:01 pm Iron Ore small cap play - MSB October 18, 2007, 2:32 pm small cap and penny stocks January 13, 2008, 4:37 pm Small starter investment May 7, 2008, 4:18 pm Invest $10 and turn it into $10,000--Small investment big return! January 3, 2008, 2:35 pm Affordable Small Office for Rent in Ashfield, NSW Australia August 25, 2008, 6:56 am How a small loss, in a fractional banking scenario relates to a larger crash. November 30, 2007, 4:47 pm