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SSI Update

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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.