Fly Sell: MXB, FMBI, CAT
July 2, 2008 – 2:48 pm
I sold short 3,000 [[MXB]] @ $32. I sold short 3,000 [[CAT]] 71 and I sold short 5,000 [[FMBI]] @ $19.
UPDATE: I sold short 10,000 MXB @ $31.90.
Disclaimer: If you sell short any of the above stocks because of this post, you will go bald. And, you may lose money.
Well, based on the rest of the men in my family (and some of the women) I will most certainly go bald already. And losing money, I have become quite good at that already.
So here we go. Shorting 600 shares of MXB in the internet leech trade of the day.
July 2nd, 2008 at 2:51 pmOh well. Internet leechs unite and short MXB …
I shorted another 800 as well.
Just checked in the mirror and appears my hair is already thinning on top, so I have nothing to lose on this one but some money, which i am already doing. So, pulling the trigger using my bullshit internet brokerage account.
July 2nd, 2008 at 3:14 pmI would be careful on shorting too much into this. Its starting to feel like a swoosh down. Markets don’t go in straight lines. Not going to press my luck here. Top pick into tomorrow is VMW.
July 2nd, 2008 at 3:47 pmIm right there with you on CAT. Check out the after hours volume, nice.
July 2nd, 2008 at 6:30 pm