Stock Market Short Squeeze
July 17th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument.
Two words: Options Expiration.
Unfortunately, I was too cheap to buy some closer to the money GM calls. Those 17.50 strikes are done. 🙁
If you have no idea what this post means, see, Insider Crimes, Funny Money and Options Rackets and scroll down to OPTIONS RACKETS: EXPIRATION ANTICS.
Also, pop goes the weasel.
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