Drano Posted March 29, 2007 Report Share Posted March 29, 2007 BXG Bid 11.12 (3) Ask 11.14 (68) GMTFO ! ! ! ! ! Link to comment Share on other sites More sharing options...
cwd Posted March 29, 2007 Report Share Posted March 29, 2007 BXG teetering on the edge of the cliff. Somebody give it a shove, pleeze. 572159[/snapback] I just bought 10 nov 12.50s for 1.65. amazing, 25c premium for 7 months, when it breaks 10, it ought to be SOUTH bound for zero. Link to comment Share on other sites More sharing options...
Drano Posted March 29, 2007 Report Share Posted March 29, 2007 There was no open interest in them when I bot mine this morning. Zero. Zip. Nada. Zilch. Link to comment Share on other sites More sharing options...
Bungster Posted March 29, 2007 Report Share Posted March 29, 2007 Probably going to close the gap at 42.9 on the Q's..... DYODD Link to comment Share on other sites More sharing options...
Drano Posted March 29, 2007 Report Share Posted March 29, 2007 They're going to have to pull up harder than that. Link to comment Share on other sites More sharing options...
Drano Posted March 29, 2007 Report Share Posted March 29, 2007 I'm expecting a searing rally in HXM to knock out all of today's new shorts before it goes to the crapper. Link to comment Share on other sites More sharing options...
LeeWhee Posted March 29, 2007 Report Share Posted March 29, 2007 And they're slip-slidin' out that back door now. 572170[/snapback] Carl Futia still thinks the SPX is ready to zoom straight up. Of course, his "support" on the Q's was 43.54 and it is now at 43.16. So I imagine he will "revise" his views tomorrow morning and tell his reader(s) that the market is heading lower first. Then, of course, the market will zoom higher shortly thereafter. Whereupon, Futia will go long again, followed by the market heading south once more. Like clockwork. OTOH, Bill Rempel went 100% long yesterday, up from 94% long late last week. So a "Battle of the Titan Bloggers" appears to be brewing. Link to comment Share on other sites More sharing options...
Drano Posted March 29, 2007 Report Share Posted March 29, 2007 Now the bid/ask disparity of orders is 4/80 on BXG. I keep wanting to type BSG. Freudian. Link to comment Share on other sites More sharing options...
Bungster Posted March 29, 2007 Report Share Posted March 29, 2007 My Micron "gains" shrinking faster than George in cold waters.... Link to comment Share on other sites More sharing options...
Cassiopeia Posted March 29, 2007 Report Share Posted March 29, 2007 Here we are, who blinks first amigo? Donging Nas Futures with low day stop. Link to comment Share on other sites More sharing options...
LeeWhee Posted March 29, 2007 Report Share Posted March 29, 2007 I'm expecting a searing rally in HXM to knock out all of today's new shorts before it goes to the crapper. 572179[/snapback] Another "Sudaca's Mom" rally? Link to comment Share on other sites More sharing options...
cwd Posted March 29, 2007 Report Share Posted March 29, 2007 Here is some more POS loan sales that will morph into triple a rated paper. Form 8-K for BLUEGREEN CORP -------------------------------------------------------------------------------- 23-Mar-2007 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sh Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On March 20, 2007, we sold $12.9 million in vacation ownership receivables pursuant to an existing vacation ownership receivables purchase facility (the "2006-A GE Purchase Facility") with General Electric Capital Corporation ("GE"). The 2006-A GE Purchase Facility utilizes an owner's trust structure, pursuant to which we sell receivables to Bluegreen Receivables Finance Corporation XI, our wholly-owned, special purpose finance subsidiary ("BRFC XI"), and BRFC XI sells the receivables to an owner's trust (a qualified special purpose entity) without recourse to us or BRFC XI except for breaches of certain customary representations and warranties at the time of sale. Under the 2006-A GE Purchase Facility, a variable purchase price of approximately 90% of the principal balance of the receivables sold, subject to certain terms and conditions, is paid at closing in cash. The balance of the purchase price is deferred until such time as GE has received a specified return, a specified overcollateralization ratio is achieved, a cash reserve account is fully funded and all servicing, custodial, agent and similar fees and expenses have been paid. GE earns a return equal to the applicable Swap Rate (which is essentially a published interest swap arrangement rate as defined in the GE Purchase Facility agreements) plus 2.35%, subject to use of alternate return rates in certain circumstances. The 2006-A GE Purchase Facility allows for sales of notes receivable for a cumulative purchase price of up to $125.0 million for a period that ends in March 2008. Immediately following this sale, the remaining availability under the 2006-A GE Purchase Facility was $14.2 million of aggregate purchase price, subject to eligibility requirements and fulfillment of conditions precedent. The $11.6 million in cash proceeds from this sale of receivables will be used for general operating purposes. Link to comment Share on other sites More sharing options...
Drano Posted March 29, 2007 Report Share Posted March 29, 2007 My Micron "gains" shrinking faster than George in cold waters.... 572182[/snapback] Now THAT's just plain disrespectful. Link to comment Share on other sites More sharing options...
shorty Posted March 29, 2007 Report Share Posted March 29, 2007 more RE HomeDebtor geenyaSSes bein' booted out into street every day Home loan defaults skyrocket in San Diego Homeowners throughout San Diego County are defaulting on their loans and losing their properties to foreclosure at an increasingly rapid pace. 2,525 more San Diego County homeowners received default notices and 747 lost their homes to foreclosure in January and February. Housing Predictor, an online real estate data company, ranked Shank Diego this week as the nation's second-worst housing market, behind Lost Angelers. The company said Shank Diego was likely to see a 31 percent drop in average home prices this year. Link to comment Share on other sites More sharing options...
Drano Posted March 29, 2007 Report Share Posted March 29, 2007 Now 97 on the ask for BXG :lol: :lol: too bad Bullz are back in control on the indexes. Link to comment Share on other sites More sharing options...
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