Moved To Large SPY Short Position

I have moved to as large of a short position as I am willing to go to.


PJ said...

Pardon the off-topic comment, but I note that Citigroup's loss was about half the year-ago levels in dollars, but one-tenth year ago levels per share.

C is up on the news. It seems that dilution is bullish, since it reduces per-share losses. After another year's dilution, they'll be down to a $0.03 per share loss in Q4 2010.

Anonymous said...

I'll say it again, good luck!