Saturday, May 04, 2019 12:36:18 PM
$29.91 X 54 Million Ally shares formerly (GMAC) = $1.61514 Billion plus
$275,000,000.00 in assets sold to Ally from Zecco and then acquired by Ally out of the Zecco/Tradeking merger = 1.89014 Billion
Lets call Shorts... 9 million with certs and a 90 million Liability...
1.89014 Billion plus $4.3 million J105 ENTI value = $1.89444 Billion
1.89444 Billion - $90,000,000.00 = 1.8044 Billion / 500 million shares
$3.60 per share base...
.01 X 333 = $3.33 ...
I am guessing the market has some Sliced Baloney to pick up 1st ... But then I don't believe pick up is anywhere close to .01 per share if Ally is at $29.91 per share
29.91 / 333 = .0898 per share .... Margin Call is .10 on those 9 Million shares
I'm a Crazy Scots-Irishman Blue Blood... It's probably not a good idea to listen to me...every thing I say is of my opinion. I'm not a good place to get investment advise...
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