GREY:SGLRF - Post by User
Comment by
borne2runon May 01, 2014 3:25pm
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Post# 22514224
RE:House position for a month
RE:House position for a month Does not make sense because buying & selling so many shares of an illiquid stock does not make sense.
Makes perfect sense - buy low, sell high.
Including the dividend, they made about six cents per share in less than 3 weeks, i.e. more than 3 percent.
For institutions and funds, that's a great trade; they would make that trade every month if they could.