well.. it happenedI accidentally boought 1000 shares at $6.38 near the close today.
Also sold 20 nov $6 puts.
If exercised, net cost will be $5.65.
Next few days could be interesting.
I think the shorts are just pounding this one,
but they shouldn't go broke.
One would think, at some point,
Manulife will come in with some cash to aquire more equity.
JE did well after they made a statement yesterday.
slick