RE:Not Advice / Just Calcs if you own 1,000 shares Today, I did the calculation of the equivalent total value each for Score and Penn from the previous day. That way if you sell Score and buy Penn on the same day you get the actual cash value for each at the end of the day. If you have 1000 shares of score at 42.50 from the previous day you would have 42,500.00.
If you had Penn with the equivalent cdn cash value of 42500.00 cdn @ 1.26 exchange you would have 465 Penn shares from the previous day value of 72.55.
Today Score value would be 1000 x 44.40 = 44,400.00 end of today.
Today Penn's 465 shares would be 465 x 79.92 = 37,162.80 @1.26 exchange rate it would be cdn equivalent of 46,825.12.
You would have 2425.12 cdn more had you sold Score and bought the same dollar value in Penn yesterday. You will always make more because you're getting 100% of the increase in Penn and only approximately 25% (.2398) to the Score plus any exchange increase. The 17.00 is constant and never increases for the Score so you're only getting upside when PENN goes up or exchange rate goes up. That's why some people are selling Score and putting the proceeds directly into Penn. Maybe that's why Penn is up 8.66% today. Hope this clarifies the equivalent values because most people are trading and not investing so that's what they're looking at. Bigger daily returns. I moved my wife's position and saw she outperformed my position and that's when I started doing the calculations. Hope PENN just keeps going up. Good for Score and Penn investors. Hope this helps people decide what they want to do.