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SAY down 87%
- Thread starter jmoo
- Start date
it trades big time below Indian Prices, i would suggest the price it traded in BOmbay this morning is equivalent to around 1.80-2$
the math:
india before mess: 175
india after mess: 35
-> -80%
US before mess: 9.5$
-> after mess should be: 1.90$...
however, the US market is probably better in finding the fair value
the math:
india before mess: 175
india after mess: 35
-> -80%
US before mess: 9.5$
-> after mess should be: 1.90$...
however, the US market is probably better in finding the fair value
TOS rejected my buy request and has the stock listed as hard to borrow. I'm not sure where the action is with this company.Quote from JamesJ:
can't trade it on IB. "contract can only be closed"...
dead cat bounce
On a side note, you guys think I should get in with Bernie Madoff's fund? I heard he finally has a few openings available.
it may be a good buy like ASK jeeves back in 2002