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Superstock Investor
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SSI Update[Printable Version of This Page] Cover the remaining short position in Bear Stearns (BSC) for a gain of 85%Update #079 May 30, 2008
We first went short Bear Stearns (BSC) on March 12th at $63.50 and covered half our position on March 14th at $31.60 for a gain of 50%. Now we will cover the last half for $9.46 or a gain of $54.04 or 85%. Combined this short has gained 67.50%. Make sure to close your short today as this is the last day of trading. |
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