hitman trades and how I see the market

Discussion in 'Trade Journals' started by hitman, Jun 26, 2016.

  1. pkilla2015

    pkilla2015 New Member

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    What merger is happening with RUBI?
     
  2. hitman

    hitman Active Member

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    The merger is between RUBI and TLRA (RUBI/TLRA post #280) sorry if I didn't make it quite clear but I did also state to do your own DD. I see this is your 1st post so I will chalk it up to inexperience.

    DD:- Do your DUE Diligence.

    I'm not being harsh here just pointing out something that you might have overlooked or didn't know what DD meant.

    If you go to Market diving or business wire you will find the information.

    This info was from some time last year which I saved and it popped up in my reminder, yes I'm very odd in my ways but its little details like this that makes me an odd ball.
     
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  3. pkilla2015

    pkilla2015 New Member

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    Thanks for the info. I am getting back into the stock market after being away for many years. I remember now what DD means. I have to get back with the lingo. I put a position in RUBI and read up on them and the merger. We'll see how Monday goes.
     
  4. hitman

    hitman Active Member

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    No worries, I have a fair size in RUBI if all goes well it will take a few days to see what's the progress. As I'm writing this futures is down so I suspect the market will open down so we'll just have to wait and see.
     
  5. B Russ

    B Russ Well-Known Member

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    “This info was from some time last year which I saved and it popped up in my reminder, yes I'm very odd in my ways but its little details like this that makes me an odd ball.”

    And why i follow. And thank you for the info.

    I do have a question though. I read the info quickly, but wanted to digest and talk to you before digging deeper. Im familiar with mergers from a distance. But not in depth. i understand there will be a share rate conversion. But that should be largely irrelevant If one isn't already holding, correct? Or no?

    I. figured those ratios were based on equal worth weighting of each companies existing worth to the merger.
    My next guess is the play is being in either company, before they merge? Or is there a strategy to which company?
     
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  6. hitman

    hitman Active Member

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    yes there is a share conversion, so if you were holding TLRA shares prior to the merger for every 1share of TLRA you now have 1.082 RUBI shares.
    If you are not holding any of the two then correct it's irrelevant.

    TLRA shares will be converted to RUBI and with the merger they might change the name down the road.
     
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  7. hitman

    hitman Active Member

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    Don't be fooled here this have the making of a good fake the bottom is not in yet IMO.
     
  8. hitman

    hitman Active Member

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    IMO with Bernie quitting the race I see an up tick in the cards for the next couple of days and then back down.
     
  9. hitman

    hitman Active Member

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  10. hitman

    hitman Active Member

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  11. hitman

    hitman Active Member

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  12. hitman

    hitman Active Member

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    Going into May as of yesterday these are my plays: ABBV short, C short, PG long and ANTM 19 June Call $350.00.
     
  13. DannyLiquori

    DannyLiquori New Member

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    how about #vyst. Stock for Uv tech?
     
  14. hitman

    hitman Active Member

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    Sorry I don't look at OTC(pinky stinky). Good Luck.
     
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  15. hitman

    hitman Active Member

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    Positions in play short DB, short UAL, and DIA 05 Jun Puts.
     
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  16. hitman

    hitman Active Member

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    Economic-Tidal-Wave-440x300.jpg
    I came across this.
     
  17. Syynik

    Syynik Active Member

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    I would wear the hell out of this T-shirt.
     
  18. hitman

    hitman Active Member

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    It's Trade Marked TM
     
    #298 hitman, May 24, 2020
    Last edited: May 24, 2020
  19. hitman

    hitman Active Member

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    Ideas going into June a few long(could be a day/s, week or in between a month)names EBAY @$45.54, FSLR @$46.62, [email protected] $128.10 and WDAY @$183.43. To the downside [email protected]$42.18.
    These will be executed sometime tomorrow.
     

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