THIS THING SELLS OFF AT 27 50 AND just swings wildly 1-2 points intraday...im too scared to short it but man it lokos like fun....
does IB have shares to short it?I tried MBI and they didnt(tws showed green on shortable still no dice)
I've been trading this long and short for the past month. But I think the play is MBI now for a dead cat bounce. Year end/Rating Agency Debt reviews seem to have flushed out the bond insurers.