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Re: None

Sunday, 07/22/2018 10:07:30 AM

Sunday, July 22, 2018 10:07:30 AM

Post# of 128599
what do people here think about the idea of selling WEED to buy HIKU, there seems to exist about a 2.5% spread between the price of WEED and the price of HIKU considering the price offered to buy them out at .046 WEED shares per HIKU share.

2.5% is a decent spread - so if you had 1000 shares of WEED, you could conceivably end up with 1025 shares if you were to attempt this trade...even if you lose some of that spread to commissions and price movement during execution, you should still end up with at least 20 extra shares....

i guess the risk is, you do the trade and the deal does not go through, WEED outperforms HIKU during this time.....so in that scenario the trade would be a loss compared to holding WEED.....

Buying low, selling high is a tough way to make free money, this is easier.