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Categories with only 5 nominees have an IPO price of 5, the BP cat has 9 noms at 2.78 each. If you max long all noms, at delist you make 0. {nm}

Posted by: Paul2k on Jan 26, 11:59 in response to mikethunder's post why $2.78 for the oscar nominations a pretty random...

why $2.78 for the oscar nominations a pretty random figure to start with {nm} mikethunder Jan 26, 11:56

Categories with only 5 nominees have an IPO price of 5, the BP cat has 9 noms at 2.78 each. If you max long all noms, at delist you make 0. Paul2k Jan 26, 11:59

5x5 =25. 9x2.78=25.02. {nm} Paul2k Jan 26, 12:00

Thanks i guess it helps to pay attention {nm} mikethunder Jan 26, 12:01

That really depends on the context. BionicMoron Jan 26, 12:27





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