Post by
Obscure1 on Oct 17, 2022 2:39pm
Market maker is playing today
The 10 underlying stox are up an average of 1.86% which means the NAV should be up about 4.7%
The LBS share price is only up 2.6% as it has been holding steady at $7.85 virtually all day when one might expect it to be hovering at just over $8.
If nothing changes in the next 90 minutes, it means the premium will be coming off a little bit.
I have just started looking into this, but I have to wonder if the LBS share price is being stubborn to the upside today because people are expecting the bank and lifeco stox to drop. Or maybe the market maker got caught short and is trying to buy back shares on the cheap.
I don't think anyone that follows this thread is interested in this kind of stuff. If you are, let me know and I will keep posting. Otherwise, I'm just taking to myself which is weird.
Comment by
bubba9 on Oct 18, 2022 1:14pm
Don't stop talking to yourself.....