Jim Kingsland's Financial Balderdash
Financial Reality For Those Who Can Handle the Truth
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Tuesday, December 12, 2006
X - U.S. Steel
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this post
Before we flew out the door this morning, we jumped into the U.S. Steel December 75 puts after Nucor released weak guidance... Holy cow, the stock crumbled and the puts have nearly doubled. We have since sold the position.
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