Post by
mouserman on Jul 26, 2023 9:13pm
LFE unit nav to July 26 = approx: $14.48
So still showing a gain of about 42 cents since july 14th. Numbers i posted yesterday were before the close , and it had pulled back quite a bit.
Comment by
slst on Jul 26, 2023 11:02pm
Thanks for the update....am still nibbling a bit every day. Not sure what to make of the huge discount. Also, I have noticed that even when I get filled, the volume does not change, and the ask volume does not change. Assume, that my order never made it to the market. Wonder if there is a short position on LFE?
Comment by
EdPaquette on Jul 27, 2023 6:33am
I have found it takes a transaction of at least 5000 shares at a given price for it to be reflected as the last transaction price. Doesn't seem right.
Comment by
mouserman on Jul 27, 2023 10:42am
The transaction not showing on the bank brokerage, is more to do with ATS systems , which are not shown on the bank brokerages. Stockwatch has that volume tho... so yesterday on LFE only 9,200 shares traded hands.... not many willing sellers. Liquidity seems to be a problem with this one. NAV should be gaining today with the top 4 lifecos doing quite well ....
Comment by
slst on Jul 27, 2023 1:15pm
Still trading at close to 20% discount to NAV while all Insurance Cos are trend up. Yahoo Finace shows only 72k in short position. I believe results will be reported soon. Fingers crossed. Got a little more today too.