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If Black Swan [BLKSW] has made $61.8m so far, why is it trading at 58.70 if it delists on Friday? what am I missing? {nm}
Posted by: tomcat90 on Jan 09, 10:15
Tag(s): BLKSW
If Black Swan [BLKSW] has made $61.8m so far, why is it trading at 58.70 if it delists on Friday? what am I missing?
tomcat90
Jan 09, 10:15
Maybe you're missing al the "BLKSW IS ARB!!! BLKSW IS ARB!!!!" posts? :)
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secretstalker
Jan 09, 10:16
What does that mean?
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tomcat90
Jan 09, 10:17
It means it will go up the amount of dollars it is short now...
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JMT
Jan 09, 10:19
To clarify, ARB means that if you buy the stock, you can't lose money, because you know it will cash out higher than where it is now..
ndmaster
Jan 09, 19:03
it delists this monday.
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islander
Jan 09, 10:22
Isn't it 4 weeks from the IPO of 12/17 which would be friday? And even if it delists tomorrow, why is it $3 lower than it's cume to date?
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tomcat90
Jan 09, 10:28
always cashout after the 4th "weekend" of wide release. as for the price, several possibles...
islander
Jan 09, 10:35
Snarky answer: go to the bottom of the page and look at the FAQs and glossary....Nicer answer...
BUY StarBondFund Short the Pats
Jan 09, 10:37
We tend to say 4 weeks, but it's actually 4 weekends.
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ryancoke2
Jan 09, 10:41
Good info everyone...Thanks
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tomcat90
Jan 09, 10:50
The stock prices are based on trading, and often when a movie is doing better than expected, it takes time for traders to catch up
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secretstalker
Jan 09, 10:44