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Message: Voodoo Economics

Voodoo Economics

posted on Oct 21, 2009 11:53AM

Is Ned Goodman some kind of witchdoctor or something? All this talk of swaps and crosses is giving me a headache. Why would the doctor even own such a large short position in the stock in the first place? In the final analysis there is only one outcome to covering a large short position and that is the stock would go up and not down. I will say however that I am just as mystified as everyone else as to what would have motivated anyone in his or her right mind to sell as prospective a stock as San is yesterday.

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