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ragtimecowboy

05/31/11 10:47 PM

#27903 RE: kingman #27902

kingman, I stand corrected. Another "pinky" did a 2000/01 reverse, and this one was just 50/01. Any reverse makes it impossible to win, unless you think that your stock will increase 50 times what it is currently selling for. IMO, I don't think that this will happen with any Pink.
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TopHat

06/01/11 8:17 AM

#27905 RE: kingman #27902

King, thank you for correcting the error to the actual RS (50/1).

Appreciate truth as it has no agenda.




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blue dog

06/01/11 10:43 AM

#27907 RE: kingman #27902

Plus it would cost me $400 to get to the craps tables!

So, as I understand it, my choices are:

(a) lose $800 at craps, or

(b) maybe lose $400 at EDEP, with a possible upside of say $15,000 if EDEP goes to $1.00, plus I get to keep the $400 in airfare.

So, I'm basically up $400 and maybe $15,400.

Seriously, though, thanks for your note and some more background on EDEP.
BD