GBA Presents: House of Gummy-!

destriero said:
The trade netted 1.42 (14.20 post split). Yeah it was a home run but looks better that it was due to GME getting crushed post conversion. The takeaway was that the arb predicted the open for GME at $14 (I stated it pre-split/conversion).

I was betting on the new class of GME opening at 14.xx as the arbitrage implied it. I had no skin in the game at that point as my APE converted to the new class and the synthetic short was crossed.

The class arb required buying the conversion asset and shorting the synthetic in natural GME. It was efficient in a PM-account but the APE complicated the haircut required as it wasn’t considered a true option conversion. It was more of a risk-arb transaction in terms of haircut.
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Yeah but this thread sports the only entity that has never lost a penny on any stock trade.
So where are you going with this?
Snap the f out of it Destriero.
:rolleyes:
 
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stonedinvestor said:
I have looked all through youtube and Yahoo and we were the only one's who did that!
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:rolleyes:

Hey Stoney.... you are like 1 for 8 on market timing.
When you throw one out each day, inevitably one will hit.

Regarding "no one else said this on YouTube"... you should have searched ET. @Buy1Sell2 predicted the Friday rally long before you. And if you read his thread, you'll see I didn't post because I had no opinion. Sh*t happens when the vix is near 20 within a week+/- of it being near 13. Duh.

Even the bumb on the street corner can scrounge a penny and flip a coin.

So... not trying to dilute your call here... but omg.... markets bounce.
It's kinda like "only I brought up 4200".... I mean are you delusional? Give us a break Stoney. :banghead:

A seasoned player wrote:

jl1575 said:
Now it is very clear that you are the one to get the direction right. It is up about 55 handles since your post. Probably you looked at the bigger picture.
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