BSC trading at 48.65-------wow !!!!!!!!!

This thing is down 40% basically forecasts bankruptcy.

For Bears Sterns?

Feels like LTCM again

 

Bear = ENRON

 

29 and change.

 

Spare a thought for the poor bastards who were paid bonuses in unvested shares and options...they earned the money, but they can't get it, can't hedge the downside and are basically phcked.

 

Didn't I read somewhere that some big fish took a large put position @ 30 this week?

 

It's kicked back up to 35 now. Maybe all is not lost.

 

Dead cat bounce...

 

Agreed. Sell now and buy back in a few minutes.

 

Another Greenburg brother soils himself.

The legendary Ace Greenburg called questions about BSC liquidity "ridiculous" 3 days ago.

What an assclown.

 

correct. some options commentator said people were buying bsc 30 puts with stk at 65