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| Help on this | ||
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From: Gio-PC <francisco.maz...@gmail.com>
Date: Mon, 2 Jun 2008 11:56:29 -0700 (PDT)
Local: Mon, Jun 2 2008 2:56 pm
Subject: Help on this
I am just curious on the following.
Lets say you had a time machine (DeLorean) and could go back in time.
You had $1,000,000 cash and with 2:1 margin you would have a total of
Now, lets say you SHORTED BSC for $153.95 totalling 12991 shares.
You waited some time, and BOUGHT BACK the 12991 shares for $2.84 =
After you return the $1,000,000 you got from margin, what was your
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From: rci...@gmail.com
Date: Mon, 2 Jun 2008 12:35:49 -0700 (PDT)
Local: Mon, Jun 2 2008 3:35 pm
Subject: Re: Help on this
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From: otmanemadr...@gmail.com
Date: Mon, 2 Jun 2008 14:39:08 -0700 (PDT)
Local: Mon, Jun 2 2008 5:39 pm
Subject: Re: Help on this
153.95 - 2.84 = 151.11
151.11 x 12991 = 1,963,070.01 Profit = $963,070.01 Here's something interesting: Somebody actually bought 50,000 puts (k=$35) against BSC when it was Your investment cost: (Note: each put contract gives you the right to Your return if you exercise at...say your $2.84 quoted above: (35-2.84) x 50,000 x 100 = $160,800,000 So you turned $1,250,000 into $160,800,000, and made $159,550,000 or Long story short, if I went back in time, I wouldn't short sell BSC; I You must Sign in before you can post messages.
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From: jechterl...@gmail.com
Date: Mon, 2 Jun 2008 14:37:52 -0700 (PDT)
Local: Mon, Jun 2 2008 5:37 pm
Subject: Re: Help on this
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