Wednesday, October 1, 2008

SIL update

Closed SIL today as I mentioned yesterday, got out in 1.80's, looks like a good exit on my part. If SIL runs again tomorrow (I predict gap up and another run towards $3) then will look to reshort. I'm also considering an options play here. Unlike most of the junkers we short, SIL has options available since it trades on AMEX. Will fill in the details if it looks interesting. 

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