Post by
gobomber on Aug 04, 2022 4:50pm
Sold Bs to buy As
I told you guys before that I own but A and B Bombardier shares. When there is a delta of about 20+ cents (pre-RS prices) between the As and Bs I sell some As to buy some Bs. Consequently, I can get more Bs than the number of As I sell.
Today, I bought back some As by selling some Bs as the difference between As and Bs was less that 4 cents in pre-RS stock prices.
Watch me, when the As get to be $5 (20 cents pre-RS) higher than Bs, I will repeat the process.
Using this approach I keep increasing the size of my Bombardier portfolio without investing new funds.