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Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Bullboard Posts
Comment by naeden99on Sep 24, 2012 1:09am
301 Views
Post# 20405623

RE: RE: RE: RE: Inside Sells of 165000 shares unre

RE: RE: RE: RE: Inside Sells of 165000 shares unre

Update - I just checked how much it costs to borrow PBN to sell it short.  Its 5.75% per annum from interactive brokers.  That is likely why this arbitrage opportunity isn't being closed by the market and why PBG can make money from it.

Bullboard Posts