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IMO,TRGL - Market Neutral Trade for 3.31.2011

03/31/2011 03:54 PM by Dave Pinsen

I bought IMO at $51.40 today and shorted TRGL today at $10.90. Details here: http://steamcatapult.c...

Also, a quick reminder: Today is the last day to enter the Short Screen contest to win an iPad 2 for posting a comment about a stock on the Short Screen message boards. Details here: http://steamcatapult.c...

Rating:
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  • 04/19/2011 01:37 PM by Dave Pinsen

    Tightened stops on both sides today. Here, incidentally, is the bill from the French National Assembly re the moratorium on fracking: http://www.assemblee-n...

    It's in French, but it's not hard to get the gist of it ("néfastes" means "adverse"):

    "Les conséquences environnementales sont extrêmement néfastes: pollution des eaux, de l’air et des sols, consommation considérable d’eau pour la fracturation, émissions de gaz carbonique inférieures seulement à l’énergie charbonnière, destruction du paysage pour installer les puits de forage."

    Rating:
    4
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