Option Spreads With Large Upside and Limited Downside [View article]
I've got a trade with better risk/reward: 50% chance of 100% return and maximum loss also capped at 100%. Its called a coin toss. Sorry I don't know how else to put it: This guy has no idea.
i wish Seeking Alpha screened their authors/articles better - it does their credibility no good whatsoever. This guy might be a (poor) auto critic but he just isn't a financial analyst - recommending shorting with no fincnaials whatsoever to justify the position!. Fire him from this site please. Disclosure: I have been short GM since November '07.
Option Spreads With Large Upside and Limited Downside [View article]
50% chance of 100% return and maximum loss also capped at 100%. Its called a coin toss.
Sorry I don't know how else to put it: This guy has no idea.
Why Auto Stocks Are an Easy Short [View article]
Disclosure: I have been short GM since November '07.