Cheers Karl, much appreciated - I probably enjoyed his progress almost as much as the Hit Squad did! May end up letting it ride and see how things develop initially when the Nov9 start playing ...
Skinny D

Cheers for the feedback ....

Spent some time last night going thru hedging options and as mentioned, not as lucrative as first hoped - thanks to those who proposed a few various options, do have some time to work through these and decide what I'm going to do...

btw, here's the original wagers...

To win ME

Kevin Saul 751 (.2)
Shane Schleger 751 (.2)
James Akenhead 751 (.2)
Rob Hollink 751 (.2)
Daniel Alaei 751 (.2)
Alexander Kostritsin 751 (.2)
Isaac Baron 751 (.2)
Andrew Robl 751 (.2)
Jimmy Fricke 751 (.2)
Soren Kongsgaard 751 (.2)

Jeff Lissandro 1001 (.2)
Alex Jacob 1001 (.2)
Jordan Rich 1001 (.2)
Nam Le 1001 (.2)
Cliff Josephy 1001 (.2)
Chris Bell 1001 (.2)
Trond Eidsvig 1002 (.2)
Nikolay Edvakov 1001 (.2)
Mark Vos 1001 (.2)
Kirill Gerasimov 1001 (.2)

btw, if anyone does know how to drop James a line, would be appreciated ....

While I'd love to, the opportunity to hedge a really good profit is too much to pass up.

I backed 20 players - 10 at 751-1 and 10 at 1000, basically for some degen action during the ME - turned out pretty well! Because of the field size u could get some great players - also backed Saul, Baron, Fricke etc... Saul and Jordan Rich also went deep for me, but Akenhead's run was awesome to follow. Was on hol with my kids being on school hols and a long way from a PC, so was getting text updates from mates - was crushed when he lost the huge coin flip then well pumped when he cracked rockets...
   

Any of the Blonde Poker community know how I can get in touch with James through email? Wanted to send a personal thanks as I backed him for $200 at 751-1 to win the ME and he's locked in a very nice profit once I sort out a hedging plan on the Nov9 lines. Thought it'd be the gentlemanly thing to send him my appreciation.

Morgan does have a LAG reputation, but if u r going to put him on exactly 8-5os as his hand that he makes a raise OOP with then u can read minds and should win almost every tourney u play.
I know this tourney has decent structure/levels and big starting stacks but given what he committed to the pot he's going to have to get them in when likely in a race and maybe behind from here on in after this hand.
Btw, he finished the day $35,300 (starting stack $50k) and Morgan with $171,750 in 6th place overall after days 1a and 1b.
I think he was just looking for some heoric "for the ages" laydown story to give him some sort of legacy, that's why he showed, and ended up looking silly.
btw, good to see Kalmar in 18th spot with 140k...       

Bizarre indeed. There's a thread about it at 2+2 of course but not a lot of intelligent discussion.

I've racked my brain for over the past day trying to see any sense in it and failed - even if he's scared of Morgan filling a boat on the river the pot odds still make it an easy call.

He can't have seriously thought Morgan made the move with 8-5. He hit the exact hand he was hoping for when calling in position and it's equally unlikely Morgan has put him on the straight; more likely a flopped lower set than Morgan.

Funnily enough, Joe never folded the second nuts HU at the WSOP 2005 Main Event, when he called with -3s and the flop fell -5d-4d.

Lucky that time he didn't think Dannerman raised pre-flop with 8-7 - which would be far more likely in the circumstances than Morgan holding 8-5, no matter how LAG Morgan may be.

Surprised I haven't seen more on this...

Hand description from Cardplayer:

In the end, Hachem made a lay down that one professional claimed is "the worst fold in the history of poker."

Jordan Morgan raises to 700 and is called by three players including Joe Hachem on the button.

The flop comes A-7-4 and everyone checks. The turn is a 6 and Morgan bets 2,000. Hachem quickly raises to 7,000. Morgan takes a few moments and reraises to 12,000. Hachem puts in yet another reraise to 22,000. Then Morgan moves all in for 49,000 total, another 27,000 more to Hachem.

Hachem has roughly 27,000 in his stack, and it is unclear who has who covered.
Hachem tanks for several long minutes, thinking things over. Eventually, Hachem asks, "You got 8-5 kid?"

After another minute passes or so, Hachem mucks 5-3 for the second nut straight. The table and the crowd that has formed are stunned, and Morgan tables pocket aces.

Aye caramba!!

1st sighting of Egan in sometime - 4 Kiwis still doesn't make a slice on the pokerstars pie chart tho....
Mmmmm, pie.......

Just got a txt from James to say he was out :-(

tx dana and snoopy, i notice richard didn't make it, any further info on james and jan always appreciated, tx again for the sterling work...

6am here in NZ, just logged on, about to read thru the action so far but if u can find any updated news on the Kiwis involved - my mates James Honeybone and Jan Suchanek, + Richard Grace and Lee Nelson, it'd be much appreciated.

And Jan Suchanek?

Any news on my transplanted Kiwi mate Jan Suchanek, was Seat 1 at Table 16 mid-stacked at the start of day 2??

Heard from James, made it through day one despite getting rivered three times, ended up short on day 2 and pushing with K-J and ran into A-K of Ken Lenaard. Also had Soren Kongsgaard at his table.
He and fellow Kiwi Richard Grace are playing in San Remo next I believe  ...