Monday, March 22, 2010

New Shorts

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

9 comments:

Balzac said...

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

Gary

CP said...

Interactive Brokers

blogger said...

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.

CP said...

They are trading around 20 I believe.

Balzac said...

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

CP said...

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.

Balzac said...

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

Thx,

Balzac

Balzac said...

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

Thx,

Balzac

CP said...

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