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short squeeze alert for BSC


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#1 hiker

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Posted 16 August 2007 - 02:33 PM

up 7.5% plus today

XBD bottomed today...see 195 on the weekly....it is the 22nd or 23rd day of the decline off the July high

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Edited by hiker, 16 August 2007 - 02:35 PM.


#2 ogm

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Posted 16 August 2007 - 02:35 PM

Good stuff :) BSC book value is at around 100. Notice how it bounces there all the time. And one of these days it will be taken over for much more. Too bad my positon will be probably called out at 110. I was really hoping to keep it.

Edited by ogm, 16 August 2007 - 02:36 PM.


#3 ogm

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Posted 16 August 2007 - 02:57 PM

OMG 118 I want my calls back ! I sold them for 8.