Idiocy.
CapitalSource prices its offering of 30.0 mln common shares at $11.00/share
On the matter of idiocy, [[CSE]] is trying to close on a deal to buy Fremont General in bankruptcy. Who is Fremont General, you ask? An egregious underwriter of mortgages in the God forsaken state of California. So, after the stock knifes lower by 30% in a week, the company dilutes its shareholders by 10%.
Wonderful clusterfucks.
At the time of this post, “The Fly” was short CSE.
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I missed the regional banks short trade. Is it too late to sell the reverse horsemen here?
i think that the banks all have 30% more downside, easy. maybe not today, but i think they’re going to drift downward like airlines.
There is some fun & games deceptive trickery going on by market makers in the premarket. They are showing many many stocks down, trying to suck in sellers, short sellers & create general negativity. I’m thinking it could well be a head fake.
Juice:
It’s not a trick. Stocks really do blow.
True story. Believe it.
MVIS. Fly why dont you try to push it to 4 ?
yep, no head fake … apparently stocks blow, as you say
yep.
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