$TSLA
- Thread starter Phill Twist
- Start date
What do you want to bet? What if they go private and price discovery not possible? What does the word "prop" mean as used above?
How would price discovery not be possible? They have to take out the public float. You clearing don't understand how it works.
$410 isn't $420. A touch of $420 means a touch of $420 on shares. I thought it was self-explanatory. The deal would require a shareholder vote (and a price) or it would simply be Musk selling his minority stake. Regardless, a price offered on taking it private isn't a touch. #comprehension
I don't think you really intended to wager (prop bet?). I've asked some questions that have not been answered.
1. What do you want to bet? This question was not answered.
2. What if they go private and price discovery is not possible? In the event ecar goes private sub 420 prior to end of the year, discovery of the price becomes complicated as it is not publicly traded. The price only becomes known during buy/sell periods. In order to place a bet, this question must be answered- You did not do this. I can discover the price right now as 349, but this is not possible/easy for private companies.
3. What does the word "prop" mean? Again, this question was not answered.
I
1. What do you want to bet? This question was not answered.
2. What if they go private and price discovery is not possible? In the event ecar goes private sub 420 prior to end of the year, discovery of the price becomes complicated as it is not publicly traded. The price only becomes known during buy/sell periods. In order to place a bet, this question must be answered- You did not do this. I can discover the price right now as 349, but this is not possible/easy for private companies.
3. What does the word "prop" mean? Again, this question was not answered.
I
1) You don't understand the wager--so it's pointless to discuss stakes.
2) I answered this--the bet is a touch of $420/share by year's end.
3) Proposition--essentially a derivative bet--not on takeover but on a price-touch.
4) I clearly stated a "touch" of $420. You need an MRI.
I don't have time to shoot the shit. I'll send my cell but I am not taking calls during the day. It's called English. The terms are above. $420 touch prior to the close of trading on Monday, 12/31/2018. No AH trades will be considered. I will price the touch and post the odds here.