Possible arbitrage on OSTK | OSTK Message Board Posts

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Msg  44083 of 44173  at  2/5/2018 7:06:31 PM  by

evren


 In response to msg 44081 by  Rollgard1
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Re: Possible arbitrage on OSTK

You know -- I was thinking about doing that though the gains I realized on common were long-term and these are short-term losses on the preferred. So they don't cancel each other out. Still, the price differential has gone from $25 to a couple of dollars which was the idea. I did think it was more likely to close the gap on the way down than up. So it was a bit of insurance and served well in that capacity.

I did buy back today what I sold of the common. So I am somewhat more exposed but not troubled by it. I think the earnings delay is a bit of a red-herring. It probably won't be a blowout or anything like that but I can't imagine Patrick either delaying just to avoid the call or giving Saum a $100K raise if the results sucked badly.


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Replies
Msg # Subject Author Recs Date Posted
44084 Re: Possible arbitrage on OSTK Rollgard1 0 2/5/2018 7:30:59 PM
44086 Re: Possible arbitrage on OSTK - Patrick DELAY, please enlighten me. Is there a leak in the backyard today, I wonder ? EOM ICE 0 2/6/2018 9:46:11 AM


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