Saturday, May 21, 2011 9:44:36 PM
Too much math for me. (LOL) I've done numbers before and I thought it went off of the 30 day moving avg. Which is .045-.05 tops as of this weekend. If the U's get shorted hard to keep the PPS 30 day avg low, then watch DIMEQ be converted and a STEAL IMO. We didn't move and I bought back the ones I'd sold last week to by 200 P's. 
Lots of unknowns and a lot of ways to play this. A few months ago I said I believed SHORTY was betting on the DIMEQ conversion and millions of DIMEQ's traded in that .95 range.
Even with your math, if that conversion happened. You could short 30 million U's if you owned 1 million DIMEQ's
If DIMEQ drops I will continue to add.
GLTU
PS we've got about 2 million SHORTS in DIMEQ as of the end of April settlement. 8-0
We could FLY and I might hold even if it's higher than 3PPS just because of this possibility.
All IMO of course.
Lots of unknowns and a lot of ways to play this. A few months ago I said I believed SHORTY was betting on the DIMEQ conversion and millions of DIMEQ's traded in that .95 range.
Even with your math, if that conversion happened. You could short 30 million U's if you owned 1 million DIMEQ's
If DIMEQ drops I will continue to add.
GLTU
PS we've got about 2 million SHORTS in DIMEQ as of the end of April settlement. 8-0
We could FLY and I might hold even if it's higher than 3PPS just because of this possibility.
All IMO of course.
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