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Playing & Trading Strategy

Quick rule of thumb....

Posted by: Buy StarBond Fund 18 (a.k.a mrbinns) on Apr 25, 16:36 in response to arf's post Got any tips on what your thumb rule is?

After 2nd weekend is known, Delist is approx 2nd WE cume + (2nd WE cume- 1st WE Cume)

After 3rd weekend is know, Delist is approx 3rd WE Cume + 1/2 of (3rd WE cume - 2nd WE cume)

This is MY personal rule of thumb, not scientific, but it gets me close.

Example....CLSH2   Adjuist was 92.34

1st WE 33.5;  2nd WE 58.6....this projects to (58.6 + (58.6-33.5) ) or 58.6+25.1  or 83.7

3rd WE 713   this projects ot (71.3+ 1/2( 71.3-58.6) or 71.3+ 1/2 (12.7)  or 71.3+6.3  or 77.6

Delisted at 77.23  This trended downward for all 4 weeks and the price and in my head I felt that my short was a good idea.

LORAX...  adjusted to  190.94

First WE  approx 70; 2nd WE Approx 122....  122 + 52 projects to 174

3rd WE approx 158  .....  158 + 19 projects to 177.....

Delisted at 177.41  

 

It is very approximate...I usually do not go into decimals but use it as quick way to estimate.





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