Monday, March 22, 2010

New Shorts

Added a Blockbuster (BBI) short and a Winnebago (WGO) short. Will have more to come on these...
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9 comments:

  1. AnonymousMarch 23, 2010 at 9:42 AM

    Colin: Where can i short stocks under $1:00? Ameritrade does not allow that.

    Gary

    ReplyDelete
  2. CPMarch 23, 2010 at 10:29 AM

    Interactive Brokers

    ReplyDelete
  3. bloggerMarch 23, 2010 at 2:14 PM

    Is there a way to check the current quote of the BBI bonds?

    I found the following article:
    http://www.reuters.com/article/idUSN2211481020100122

    but it dates from January.

    ReplyDelete
  4. CPMarch 23, 2010 at 5:44 PM

    They are trading around 20 I believe.

    ReplyDelete
  5. AnonymousMarch 26, 2010 at 10:40 AM

    Colin: looking forward to your comments on WGO.

    I have picked some shares but cannot get more through my broker. Is there an alernate, sympathetic play such as Sky Industries?

    Thank you.

    Gary

    ReplyDelete
  6. CPMarch 26, 2010 at 12:20 PM

    Gary,

    I am not enthusiastic about the RV industry, but the WGO short has a lot to do with its poor fundamentals - specifically its poor gross margin and negative EBITDA.

    ReplyDelete
  7. AnonymousApril 26, 2010 at 9:17 AM

    CP: Do you have an update on WGO? Any reason why the stock is showing strength?

    Thx,

    Balzac

    ReplyDelete
  8. AnonymousApril 26, 2010 at 9:18 AM

    CP: Do you have an update on WGO? Any reason why the stock is showing strength?

    Thx,

    Balzac

    ReplyDelete
  9. CPApril 26, 2010 at 10:31 AM

    I have no idea why people are buying WGO. They must be really stupid. It is insane.

    ReplyDelete