Nah, 50 % loss requires a 100 % gain to break even. So long as you don't sell and move.
I do think your mate will be fine......2011 gives great if not awesome leverage, even at where the game is being played at the mo.
I will freely admit, I don't YET understand the price of the oppies Vs heads on this one. Oppies seem so tight and always overpriced......? until the heads sell :)
Who is back to front.....the Oppies or ME ?
Please be nice :)
BLR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held