2 down openings in a row?? The bulls must be tapping there qoutrons - huh? at CNBC the anchors must be telling the camera people that the teleprompters are on the fritz - this cant possibly happen two down openings in a row. We'll see - at the opening is SPX, NDX, and RUT option expiration - perhaps our favorite bailed out NYC firm is short some lower strikes so they are leaning on the futures to capture their profits?? Nah they would never do that.
Huge secondary and convertible offering from DRYS last night - kinda makes me like the stock here at $6.15 I m gonna look to buy stock and sell the December $6 calls - the buywrite should offer about a 10% return for a month - obvioulsy there is risk in that trade but the company is flush with cash now....
Hawks absolutely crushed last night - crushed 7-1.
JB
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