Why not take a 2nd mortgage and buy puts? – Piggington's Econo-Almanac

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April 2, 2007 at 1:20 PM #8731

anxvariety
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I just saw someone post that on the Countrywide stock message board LOL!

Why not take a 2nd mortgage and buy puts?

Anyone want to dispute that as a hedge for people that are going to get foreclosed on their Countrywide loan? Obviously joking mostly..

April 2, 2007 at 5:23 PM #48973

barnaby33
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If you have brass balls, twelve pounds each that might not be a bad idea. They had better be twelve pounds each though.

Josh
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