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Bust, all I had was Shrek long. {nm}

Posted by: Instro on May 22, 10:18 in response to Vashta Nerada's post ERC: SHRK4 72M the MGRUB 4M

ERC: SHRK4 72M the MGRUB 4M {nm} Vashta Nerada May 22, 08:36

Gut check review: SHRK4 around 14-7-0, MGRUB around 3-14-2. {nm} second gary May 22, 08:40

Long-short-abstain? {nm} Facto May 22, 08:59

Yes. {nm} second gary May 22, 09:06

If you're going to do abstains then you need to include all the people patting themselves on the back who didn't post a gut check. {nm} secretstalker May 22, 09:09

Count me in that group. {nm} PendenteLite May 22, 10:05

I thought I definitely saw several abstainers for Shrek. Perhaps you didn't count in all the gut-check threads.. ? {nm} Facto May 22, 09:10

On second look, I see one SHRK4 abstainer in the second thread, lapuckfan. But there are always enough fuzzy declarations to make... second gary May 22, 17:51

Yes 2/2.....batting 1.000 over the past month. well including the robin hood, being that it fell after adjust. {nm} NOLEAFCLOVR May 22, 10:01

Abstaining from an opening is basically admitting that you are a complete lightweight. {nm} lhayes37 May 22, 11:24

Dropoffs: RBNHD 18M, 50% LJULT 9M, 33.5% JUSTW 4.5M, 45.4% {nm} Vashta Nerada May 22, 08:43

IRMN2 projection is coming in about $3M lite with actuals but with next week being a long weekend it should still delist within the Vashta Nerada May 22, 09:09

So probably within 275-280M, then... (?) {nm} Facto May 22, 09:14

You didn't include Monday in your projections and that's about $4 mil you didn't account for right there. {nm} secretstalker May 22, 09:19

You may want to tag your delist posts so we can find them easier later. {nm} secretstalker May 22, 09:23

That is unreal. I shorted MGRUB.....I was pretty sure it was short but 4??? 4 mil WOW {nm} Borat May 22, 09:01

Still, it hardly mitigates the blow for us SHRK4-longers/MGRUB shorters... Only 400k profits, vs 2,5M loss on Shrek. Holy macaroni. Facto May 22, 09:04

The MGRUB short is worth $1.0-1.1M. The halt was $32 and change. {nm} second gary May 22, 09:07

A-ha.. Poor thinking on my part. I was thinking OW; and not adjust-prices. So naturally then 2.7 better profits than I calculated. Facto May 22, 09:12

That would be "dissolved in alcohol", of course.. Another pointer as to how bad the situation actually was :-D {nm} Facto May 23, 18:30

And I also shorted the put.... Ooops. Anyhew, this further corroborates that the LAT are no longer a perfect prophet. Facto May 22, 09:09

Yes I'm painfully aware. {nm} Borat May 22, 09:11

Bust, all I had was Shrek long. Instro May 22, 10:18





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