Financial 15 Split Corp T.FTN

Have covered shorts

[navgod]

Wow as a short did not expect satisfaction so quickly.  I repeat buying or holding splits with high premiums ie 20%+ is like playing Russian roulette or running up the down escalator. Just wish I had shorts on BK.

[Jack256]

  I thought you said BK was your biggest short position not long ago.

[navgod]

Never said that. --- have said I would love to have a short position in BK but have not been able to find a broker to lend me the stock which I have stated several times see BK posting Aug. 22.

[Jack256]

Comment by navgodon Sep 28, 2022 6:51am 208 Views  Post# 34991385 Well I guess time has past me by a little more than I thought  but you did actually make that statement just less than a year ago.     RE:BK unit NAV to Sept. 26= approx: $20.25 mouserman wrote:My spreadsheet has BK losing about 80 cents since the midmonth update, so commons now carry a value of

[navgod]

I stand corrected (memory isn't what it used to be) -- the last of that position was closed out mid-Feb 23 after a BK Treasury offering. That said there has been a lot of water under the bridge since that post - have had a good run of shorts lately, DFN and FTN most recently. My short positions are currently at a very low level -- a combination of lack of candidates and inability to borrow. At

[navgod]

That was almost a year ago LOL