A friend called-in, the other day and told Rush Limbaugh that he and his investment group planned to 'short' BP.
This was little more than an eyebrow raise for me until Rush mentioned it again.
I pondered, and concluded that that was a hint and,
based on his track record of accuracy and that he stressed that his friends were doing it
and that he knows a lot of heavyweights in the political, golf and business world, there might be a trade to be made.
So we 'shorted' BP;
Account Number: xxxx-8256 - Michael Shatto
Order Number: 87244556
Symbol: BP May10 50 Put
Description: BP PLC
Stock: BP at 43.62
Action: Sold To Close
Quantity: 1 contract(s)
Reg Fees: $0.02
Net Amt: $592.03
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Guess this proves that; if you listen carefully....
there is good news out there.
I use and talk about, but don't sell Amsoil.
Who is shatto?
06 4.7 Tundra replaced a 98 Dakota 3.9.
623,000 miles on original engine and transmission, using Amsoil by-pass filters and lubrication.
+Everybody knows something you don't know.
+Artists prove truth can be in forms you don't understand.
Low-Risk Option Trader
Retired Pro-Hunter featured in; 'African Hunter', by James R. Mellon III. and listed in; Rowland Ward's Records of Big Game.