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somebody may have already done this math, but my thoughts on IRNM3 delist inside...
As of yesterday there was a 298M domestic CUM.
I compared IRNM2 drops to this film from here on out, which seems pretty reasonable. my math came to a 371M delist through Monday May 27th.
I did not take into account any of the upcoming competition, because IRNM2 had similar hurdles to clear. conservatively I think it will delist somewhere between 365 - 375M.
if it cashes out at 375 that is still 4M+ dollars to make from this post timestamp.
there are well over 200M shares still holding it long. it is of my opinion if you're holding maximum shares long at this point that you will lose 8M dollars on the stock by delist by not changing to a maximum short position.
here is my math, please trade respoonsibly and do your due diligence.
| 298 | |||||||
| 16 | 17 | 18 | 19 | ||||
| 4.6 | 5.1 | 3.9 | 3.7 | 9.5 | 14.25 | 9.12 | 36.57 |
| 20 | 21 | 22 | 23 | 24 | 25 | 26 | |
| 2.76 | 2.55 | 2.145 | 2.22 | 5.7 | 7.8375 | 7.296 | 30.5085 |
| 27 | |||||||
| 5.796 | 5.796 | ||||||
| Total | 370.8745 |
somebody may have already done this math, but my thoughts on IRNM3 delist inside... May 17, 08:03
here is another crazy way of looking at it... May 17, 08:29
Most traders are not even active for ages.. unlike some people who are here 24/7, not mentioning names though.. ;-) {nm} May 17, 08:33
yes, I realize that. it's really insane when you think about the amount of people that play this game May 17, 08:39
Flip and hold from adjust seemed easy enough... {nm} May 17, 08:36
cha-ching! {nm} May 17, 08:44
yes indeed. and of course the active traders or anybody who knows the game has been that way the entire time. May 17, 08:44