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denkab (32.45)

Shorting UltraShorts

Recs

2

December 27, 2008 – Comments (0) | RELATED TICKERS: SDK , SIJ , SJL

That was a nasty kick in the teeth, all those capital gains distributions... Some amounting to $40 per share or more! Note to self: next time, don't short Ultrashorts (or, for the same matter, any speculative leveraged instruments) close to year end :)

 

 

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