Didn't Little Eric Cantor have some SHORT POSITION STOCK

[winstars]

positions. I read it some during the the last few weeks. Not a lot but some monies in some stock thingy that he will MAKE MONEY on this day!!! Maybe I am wrong, let me know...

[jpak]

1. good call

yup

[nadinbrzezinski]

2. On default, not on general market

just saying.

But this is the kind of shit storm many of us feared... yup

[cbdo2007]

3. Here is an article: Eric Cantor Is Short Treasurys (Sort Of).

http://blogs.wsj.com/marketbeat/2011/06/28/eric-cantor-is-short-treasurys-sort-of/

Mr. Cantor, who walked out of debt discussions with Vice President Joe Biden last week, owns up to $15,000 in shares of the ProShares Trust Ultrashort 20+ Year Treasury ETF, Salon notes today, updating a Wall Street Journal report on this from last year.

Salon argues this means Mr. Cantor has a conflict of interest in the debt negotiations. Conventional wisdom holds that letting the talks fail would roil the bond market, hurting Treasurys, which would benefit Mr. Cantor. The TBT is up 3% since Mr. Cantor walked out of debt talks.

[cbdo2007]

5. Though to be fair.....after reading more about this....

his stake in this fund is not significant compared to his "non short" holdings so he loses way more when the market goes down than he makes on this fund.

That was just after some initial research so I may still be incorrect.

[proud patriot]

9. how much $ did he make betting on and ensuring the crash happens?

I wonder

[proud patriot]

4. you are not wrong

[winstars]

6. Sort of wrong but he still is a little SCUMBAG..

They have blown up the process and making everyone look stipid!!!

[flamingdem]

7. Shiney Balls Cantor rolling in dough today nt

[Ruby the Liberal]

8. Not stock. He has an ETF position that is short treasuries

[ProgressiveEconomist]

10. If it was TBT that he bought, he just lost another 7 percent today ALONE! See LINK

http://finance.yahoo.com/q/hp?s=tbt .

TBT closed below 27 today, but was solidly in the mid-30s a few weeks ago. Cantor is licking his wounds if he did make the bad bet he's rumored to hve made.