Wow, big moves

Starting to see big moves in a lot of stocks. SSL's down to $11. P down to $6. NGD below $10.

I guess if you were the type of guy to play warrants, you'd be in the market laughing your ass off right now, gobbling up all and sundry. Or at least waiting til the drop gets desperate, I dunno.

If only there was a blog dedicated to playing warrants....

I still see this move as a short-term snit of some kind. Nothing in the fundamentals to be driving this. Ooh, China's new leadership isn't reformist enough? Give me a break. Ooh, dividend taxes are going up in the US? That'd be a first! Ooh, Israel and Gaza aren't getting along? My god, what a sea-change in middle-east relations!