If you like YRCW long term....

Discussion in 'Trading' started by mskl, Jan 29, 2010.

  1. mskl


    you can buy the SSF's at a discount as the stock is very difficult to borrow....
  2. they are probably doomed.
  3. Does like mean tha you think it's going up? If so, what does hard to borrow have to do with it?
  4. mskl


    It doesn't mean that I think it is going up - simply that if "YOU" believe it is then you can buy the stock cheaper using SSF's.

    For those who want to short the stock, can't because the stock is hard to borrow thus they are willing to short it using SSF's at a discount to the equity price.
  5. jr07


    Why would you want to short YRCW?
  6. because with SSFs, you can short it at a discount to the equity price

  7. jr07


    But are there fundamental reasons to short it?

    I ask because I bought some shares recently based on the relative strength it has shown recently and the CEO comments that bankruptcy was out of the question.