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<p>[QUOTE="Clawcoins, post: 3125249, member: 77814"]Is there an investing thread?</p><p>LOL .. gonna vent for a second .. not at anyone on CT ..</p><p><br /></p><p>I own SQ stock. Started buying it ages ago.</p><p>There's this yahoo company BTIG who bought options at $30 back when it was $47. Then after buying the options they come out with a statement how it's overvalued, blah blah blah. So it falls to $41ish. But it's been going up ever since.</p><p><br /></p><p>They came back today with a statement again how it's over valued and put a 12 mth price of $30 on it. </p><p><br /></p><p>Oh yeah, self promoting there so they don't lose their BIG bet they made a long time ago. I think they bought that big bet from another company that created those options at $30 but decided to get out of it (for good reason).</p><p><br /></p><p>The yahoo's at BTIG just ignore the financials, and give only partial information and make their statement .. it's only worth $30 a share .. it's at $66 right now; +$2 today so they're ignoring that statement !!</p><p><br /></p><p>Reminds me of Ackman who bought low options of Herbalife and then came out saying Herbalife was a fraud, fake books and a ponzi scheme .. or something like that. Over the past years they had to buy into stocks going UP, and shed the bad options to try and minimize their overall loss.</p><p><br /></p><p>I don't understand why this isn't considered something like insider trading.</p><p><br /></p><p>That's all ... back to silver, Peace .. the dollar kind !!</p><p>[ATTACH=full]796217[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3125249, member: 77814"]Is there an investing thread? LOL .. gonna vent for a second .. not at anyone on CT .. I own SQ stock. Started buying it ages ago. There's this yahoo company BTIG who bought options at $30 back when it was $47. Then after buying the options they come out with a statement how it's overvalued, blah blah blah. So it falls to $41ish. But it's been going up ever since. They came back today with a statement again how it's over valued and put a 12 mth price of $30 on it. Oh yeah, self promoting there so they don't lose their BIG bet they made a long time ago. I think they bought that big bet from another company that created those options at $30 but decided to get out of it (for good reason). The yahoo's at BTIG just ignore the financials, and give only partial information and make their statement .. it's only worth $30 a share .. it's at $66 right now; +$2 today so they're ignoring that statement !! Reminds me of Ackman who bought low options of Herbalife and then came out saying Herbalife was a fraud, fake books and a ponzi scheme .. or something like that. Over the past years they had to buy into stocks going UP, and shed the bad options to try and minimize their overall loss. I don't understand why this isn't considered something like insider trading. That's all ... back to silver, Peace .. the dollar kind !! [ATTACH=full]796217[/ATTACH][/QUOTE]
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