Quote:
Originally Posted by tibal
Haha!!
I so did!! Looks like its down again well below. That chart was a DIVE BOMB!! Will it go back.. endless possibilities!!  |
That's why those two scare the hell out of me. There's no value on the balance sheet, so there's no reason to hold the stock. It's strictly for trading, and those blow up. If you're going to bet like that, why not buy and sell calls on something with some actual value instead of going long on something like fannie/freddie?