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ErIsKoffie

06/20/19 10:01 AM

#22448 RE: Poppa2b #22447

But does it matter?
IF big IF there is a short attack, the attack will be there to cover. SO when they do price will go up again.
When this pays out 6B 12B will you really worry about missing a couple of dollars?
You believe in this or don't. Like we say in the Netherlands "Go hard or go HOME"
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lightrock

06/20/19 10:37 AM

#22453 RE: Poppa2b #22447

@poppa

For whatever it may be worth, what I did today was...

I had a bunch of July $5 Calls that I sold at $7.46, dunno about $2,300+

I figured that June options expire tomorrow so the pop today is a bunch of shorts with their shorts in a twist.

This was a batch of calls that I bought because of the Russell presumed pop, but I went ahead and cashed it in because it was doing well and it appeared to top out at the same time other options are expiring.

This is only one of a few sets of options and equity position, I keep a lot riding on the PIII report.

Now I am looking for a good opportunity to get back in on the Russell play.

Who knows, I could have screwed up today on that one, but, $600 turned into $2300 so "good enough for now" on that one.

I guess the point of this, is that you can play multiple different cycles at the same time, one position for the PIII, one position for short squeeze, one position for Russell listing... ( if you are disciplined and keep the ideas of what you are doing and why separated )

In any case, I think the share price is simply dirt cheap compared to PIII reporting, and probably still significantly cheap compared to June 28 Russell listing.

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lightrock

06/20/19 4:30 PM

#22489 RE: Poppa2b #22447

@Poppa

One other thing, the end of this month has a, what I consider to be, very statistically significant meaning in "the spreadsheets" on OAS vs. enrolled population characteristics.

Not sure if you've been following, but if anybody else has come close in their spreadsheets to this understanding then June 28th or so will be a double positive - kind of a study milestone as well as Russell listing.

The stock price action does not follow the significance of the calendar well. Sort of, but not really well. (so far)

Basically we go past the most conservative treatments of statistics on the 10% OAS issue including dropouts and it suggests that 10% is very probably low on the degree of effectiveness.