a 134k / or 1.34 Mio. $ gamble

J

JamesJ

instead of going to vegas and gamble, one may look at this play.

BUY:

10k BAC @ 4.10
10k C @ 2.6
10k DRYS @ 3.7
10k LVS @ 3

total: 134'000 $

even if only one of them doesn't fail and comes back the overall portfolio is soon positive...
however they are big time correlated, especially the 2 banks... assume they both fail and drys makes it once again back up to 15+ -> still win..
or banks survive and the other two on the brink of bankrupty fail -> still win...
however when all fails -> almost all lost...
and if markets recover this collection will soon be worth 500k/5 mio ++

it's a gamble but still better than playing roulette...

sort of tempting, but i stick to what i do and works... but somehow... hm...
maybe 13.4k...
 
the drinks in vegas are not really free because you are expected to tip the waitress $1. this means every drink costs $1.
 
Quote from traderyin:

Well, in Vegas, if you lose 134k, you still get drinks and probably some comp.
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Don't forget one of these

free.jpg
 
lol $1 is a good price for alcoholic drinks, but if you're just getting a coke the $1 is expensive because they give you a small glass. haha :D

anyway, i hope you know the reason they offer free alcohol is to get you drunk so that you'll make dumb decisions on the tables.

Quote from startraitor:

dude, you are cheap.
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