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GB Group Ord Shs GBGPF

GB Group plc is a United Kingdom-based company, which provides identity data intelligence products and services helping organizations recognize and verify all elements of an individual's identity at key interactions in their business processes. The Company's segments include location, identity and fraud. The location segment includes address lookup, verification and capture; e-mail validation; phone verification, and data maintenance services. The identity segment includes document verification, data verification and identity investigation services. Its identity verification solutions can be configured to carry out a wide range of functions, including know your customer checks, anti-money laundering checks, age verification checks and liveness detection. The fraud segment includes transaction fraud monitoring, combating origination fraud and in-life fraud investigation services. It provides artificial intelligence powered screening for automatic onboarding or referral of customers.


OTCPK:GBGPF - Post by User

Comment by SmellsFishyon Jan 26, 2018 12:37pm
161 Views
Post# 27441714

RE:RE:RE:LOAD UP ON CMED TRAIN BEFORE ITS TOO LATE

RE:RE:RE:LOAD UP ON CMED TRAIN BEFORE ITS TOO LATEOk i see you don't have a degree in finance.   Buy 1000 shares of CMED at 38.89 for $38890. Sell short 3400 shares of ACB at 13.45$ For 45730$

Deal closes and I get 3400 shares of ACB for my 1000 shares of CMED.   I close out my short with the 3400 shares of ACB received.  

So so my purchase of 38890$ of CMED earned me 45730$ from ACB

This is called arbitrage.    
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