Fucking punk
Man Davies
Posts (4982)
To the one throwing up the wall. You want to meet me somewhere? I want to -talk- to you. :>|
CDR stock is outperforming the Simon Group today
WPG stock is outperforming the Simon Group today
CBL stock is outperforming the Simon Group today
If you dont think that is POSSIBLE, think again. Simon Group tried to buyout Pennys, RECENTLY. Brookfield has done 5 RECENT BUYOUTs. Oh yeah, it is VERY possible!
https://www.wsj.com/articles/brookfield-closes-fifth-buyout-fund-at-9-billion-11572902725
-Friendly bit of advice-
Lets say the average short seller here shorted $2,500 worth of stock. Now, lets say the company announces that Brookfield made a BUYOUT offer at $12.50 a share. $12.50 divided by .6845 equals 18.2. The share price would INSTANTLY jump to $12.40. That means you would receive a MARGIN CALL, in the amount of $45650 for a stock you were trying to make $500 shorting on. So, effectively, you are risking a $45650 LOSS to get a $500 GAIN.
You would be RUINED. Your trade account would be wiped out. They would SUE you and take everything you own. NOT VERY SMART
If you dont think that is POSSIBLE, think again. Simon Group tried to buyout Pennys, RECENTLY. Brookfield has done 5 RECENT BUYOUTs. Oh yeah, it is VERY possible!
https://www.wsj.com/articles/brookfield-closes-fifth-buyout-fund-at-9-billion-11572902725
OR, lets say the average short seller here shorted $2,500 worth of stock. Now, lets say the company announces that Brookfield made a BUYOUT offer at $12.50 a share. $12.50 divided by .1876 equals 67.2. The share price would INSTANTLY jump to $12.40. That means you would receive a MARGIN CALL, in the amount of $168000, for a stock you were trying to make $500 shorting on. So, effectively, you are risking a $168000 LOSS to get a $500 GAIN.
You would be RUINED. Your trade account would be wiped out. They would SUE you and take everything you on. NOT VERY SMART
Typically, when a company announces they are in BUYOUT talks, the stock INSTANTLY jumps 100%. Can you imagine, as a short seller, having that happen to you? By the time you are done chasing the stock, it COULD be up 600%. That is a FAR CRY from the little spread you would make trying to short it.
DONT BE A FOOL :)
