Long ATYT now for 35c gain

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qll

Long ATYT at 19.35, and get out at 19.7. Stop loss at 19.
Easy money!

(16.4+0.2229*17)/19.35=1.044
4.4% yield if AMD does not go down below 17.

(16.4+0.2229*15)/19.35=1.02
2% gain, no risk.

The merger will go through within months. Better than savings.
Use margin for better returns, if your margin rate is less than 4%.
 
DATE TRANSACTION ID DESCRIPTION QUANTITY SYMBOL PRICE COMMISSION AMOUNT SALES FEE

07/24/2006 Bought 2500 ATYT @ 19.36 2500 ATYT 19.36 0 -48400

07/24/2006 Bought 500 ATYT @ 19.34 500 ATYT 19.34 0 -9670

07/24/2006 Bought 2000 ATYT @ 19.34 2000 ATYT 19.34 0 -38680

07/24/2006 Sold 400 ATYT @ 19.38 400 ATYT 19.38 0 7751.76 0.24

07/24/2006 Sold 1600 ATYT @ 19.38 1600 ATYT 19.38 0 31007.04 0.96

07/24/2006 Bought 2000 ATYT @ 19.36 2000 ATYT 19.36 0 -38720

07/24/2006 Bought 1500 ATYT @ 19.34 1500 ATYT 19.34 0 -29010

07/24/2006 Bought 500 ATYT @ 19.34 500 ATYT 19.34 0 -9670

07/24/2006 Bought 395 ATYT @ 19.33 395 ATYT 19.33 0 -7635.35

07/24/2006 Bought 805 ATYT @ 19.33 805 ATYT 19.33 0 -15560.65

07/24/2006 Bought 1800 ATYT @ 19.33 1800 ATYT 19.33 0 -34794

07/24/2006 Sold 100 ATYT @ 19.42 100 ATYT 19.42 0 1941.94 0.06

07/24/2006 Sold 500 ATYT @ 19.42 500 ATYT 19.42 0 9709.7 0.3

07/24/2006 Sold 100 ATYT @ 19.42 100 ATYT 19.42 0 1941.94 0.06

07/24/2006 Sold 100 ATYT @ 19.42 100 ATYT 19.42 0 1941.94 0.06

07/24/2006 Sold 500 ATYT @ 19.42 500 ATYT 19.42 0 9709.7 0.3

07/24/2006 Sold 44 ATYT @ 19.42 44 ATYT 19.42 0 854.45 0.03

07/24/2006 Sold 300 ATYT @ 19.42 300 ATYT 19.42 0 5825.82 0.18

07/24/2006 Sold 2700 ATYT @ 19.42 2700 ATYT 19.42 0 52432.39 1.61

07/24/2006 Sold 500 ATYT @ 19.42 500 ATYT 19.42 0 9709.7 0.3

07/24/2006 Sold 2200 ATYT @ 19.42 2200 ATYT 19.42 0 42722.68 1.32

07/24/2006 Sold 156 ATYT @ 19.42 156 ATYT 19.42 0 3029.42 0.1

07/24/2006 Sold 2800 ATYT @ 19.42 2800 ATYT 19.42 0 54374.33 1.67

07/24/2006 Bought 3000 ATYT @ 19.39 3000 ATYT 19.39 0 -58170

07/24/2006 Bought 4789 ATYT @ 19.39 4789 ATYT 19.39 0 -92858.71

07/24/2006 Bought 500 ATYT @ 19.39 500 ATYT 19.39 0 -9695

07/24/2006 Bought 100 ATYT @ 19.39 100 ATYT 19.39 0 -1939

07/24/2006 Bought 600 ATYT @ 19.39 600 ATYT 19.39 0 -11634

07/24/2006 Bought 400 ATYT @ 19.39 400 ATYT 19.39 0 -7756

07/24/2006 Bought 300 ATYT @ 19.39 300 ATYT 19.39 0 -5817

07/24/2006 Bought 311 ATYT @ 19.39 311 ATYT 19.39 0 -6030.29

07/24/2006 Sold 1355 ATYT @ 19.42 1355 ATYT 19.42 0 26313.29 0.81

07/24/2006 Sold 145 ATYT @ 19.42 145 ATYT 19.42 0 2815.81 0.09

07/24/2006 Sold 1000 ATYT @ 19.42 1000 ATYT 19.42 0 19419.4 0.6

07/24/2006 Sold 500 ATYT @ 19.42 500 ATYT 19.42 0 9709.7 0.3

07/24/2006 Sold 715 ATYT @ 19.43 715 ATYT 19.43 0 13892.02 0.43

07/24/2006 Sold 285 ATYT @ 19.43 285 ATYT 19.43 0 5537.37 0.18

07/24/2006 Sold 2215 ATYT @ 19.43 2215 ATYT 19.43 0 43036.12 1.33

07/24/2006 Sold 3785 ATYT @ 19.43 3785 ATYT 19.43 0 73540.29 2.26

***END OF FILE***


NET gain 1176.81
 
Quote from qll:

(16.4+0.2229*15)/19.35=1.02
2% gain, no risk.
More...

There is always risk in any trade. What happens if ATYT and/or AMD cooked their books? What happens if the regulators block the deal? What happens if you cannot borrow AMD and get squeezed? What happens if ATYT and AMD changes the form of consideration? Etc., etc., etc.
 
Quote from freehouse:

There is always risk in any trade. What happens if ATYT and/or AMD cooked their books? What happens if the regulators block the deal? What happens if you cannot borrow AMD and get squeezed? What happens if ATYT and AMD changes the form of consideration? Etc., etc., etc.
More...

won't happen.
you can read some buffet's history on how he does this kind of job.

cooked book? no worry, 80% cash
regulartor blocks? won't happen! canada is us's slave.
nvda and intc are the competitors, so no monopoly here.
we bet in short run, not months long run. close in 1 day or 2 weeks.
 
Date/Time
Description
Amount
Net Cash Balance
More

07/24/2006 12:21:50 Bought 2000 NVDA @ 19.20 -38,400.00 ---
07/24/2006 12:22:50 Bought 900 NVDA @ 19.20 -17,280.00 ---
07/24/2006 12:22:50 Bought 122 NVDA @ 19.20 -2,342.40 ---
07/24/2006 12:22:55 Bought 1878 NVDA @ 19.20 -36,057.60 ---
07/24/2006 12:22:55 Bought 100 NVDA @ 19.20 -1,920.00 ---
07/24/2006 12:23:32 Bought 50 NVDA @ 19.20 -960.00 ---
07/24/2006 12:23:34 Bought 4950 NVDA @ 19.20 -95,040.00 ---
07/24/2006 12:33:56 Bought 8200 NVDA @ 19.12 -156,784.00 ---
07/24/2006 12:33:56 Bought 1800 NVDA @ 19.11332 -34,403.98 ---


long NVDA now, because upgrades + focused M&A AMD+ATI=>INTC+NVDA
Imagination -> Price up.
 
07/24/2006 12:49:06 Sold 10000 NVDA @ 19.29 192,894.07 -$154,621.38

sold 10k for 15c profit and keep 10k overnight. break even point is is 19.00 now. 30c buffer from break even. overnight is pretty safe.

my margin interest is 10%. it is better to be good!!!
 
You're insane if you believe the deal will converge within a week. I am absolutely dumbfounded by the quality of the posts on this board. Now we have some dude tick-phucking ATYT for pennies and posting his trans. Burned my corneas again.

Armageddon.
 
Quote from riskarb:

You're insane if you believe the deal will converge within a week. I am absolutely dumbfounded by the quality of the posts on this board. Now we have some dude tick-phucking ATYT for pennies and posting his trans. Burned my corneas again.

Armageddon.
More...

sorry for my english. i never meant this deal will be closed within a week. i bet the market in short run will react if this will be 100% happen if this will be finalized in 6 months range.

it is like i tell some guy "i offer you a job. come to work for me in 6 months" the guy will be most likely so happy and start shopping right away. the cooling down is always after 1 day to 1 week. before then, we already closed the positions.
 
check out growth rate. margin rate, market shares between NVDA and ATYT. NVDA also received a lot of upgrades recently when they hit 6 month low. it seems NVDA is a better buy. so i swith to NVDA for overnight. 4.4%/6month yield from ATYT is not enough to cover my 10% margin rate, so I can only day trade ATYT and overnight NVDA
 
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