HSX Forum

Playing & Trading Strategy

Looking for some quick profit?

Posted by: project on Aug 26, 14:37

OK. Now that I have your attention. (And, if I didn't you wouldn't be here reading this.)

JURA6.bw should delist Monday - I know it isn't on the list yet, but I just sent a message on Feedback pointing that out.
Anyhow, considering it's current gross and assuming it does about as well this weekend as lst weekend, it should cash out at around H$34.45 (plus or minus a few cents). Price on HSX as I write this is H$21.58. That would give a profit of H$12.65 per share after adding in the initial commission which is nearly 60%. Not bad for three days investment.

And there's a similar opportunity coming next week if you short LITYR.bw which should delist Sept. 6. It's currently priced at H$6.41 but gross so far only supports H$3.28 and if it continues at its recent (non) pace, it will likely add only about another 2 cents, leaving it about H$3.10 to fall minus about 6 cents commission per share commission if you get in now; a profit of a  litle more than 50%.
Again, not bad for a fairly short term investment.





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