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cit - Shorted this today at $35.48

06/08/2010 02:52 PM by Dave Pinsen

I mentioned this one as a possible short in Hesperian's RCL thread overnight ( http://shortscreen.com... ), and I shorted it at $35.48 today. Was thinking of buying puts on it as well, but the ones I had in mind shot up 18% today. Perhaps another day for that.

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  • 06/08/2010 03:08 PM by Dave Pinsen

    Those puts were the 35 strike DEC 10s, btw.

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  • 06/11/2010 06:55 PM by Dave Pinsen

    Stopped out of this today at $37.73 for a loss of 6.3%. I may short it again or buy puts on it.

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  • 06/11/2010 07:19 PM by Dave Pinsen

    Correction re those puts I was looking at before. They were the JAN 11 35s; CIT doesn't have DEC 10 puts.

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