Way Out of the T12 Halt in EDTX

Discussion in 'Trading' started by quantdonkey, Jul 14, 2023.

  1. new guy

    new guy

    I have 50 shares at 63.00 per share.
     
    #51     Jul 28, 2023
  2. Josephxwf

    Josephxwf

    I have 500 shares bought at $74 and would like to sell at $54 if someone would like to buy, that’s the final price I would like to trade or I will take the risk and wait until the stock unhalt. I can show you the price I bought on trading account. If someone is interested, please contact me.
     
    #52     Jul 30, 2023
    flatbed and qwerty11 like this.
  3. Elite09

    Elite09

    Not when everyone knows you’re paying such high interest. You need out fast.not doesn’t cost anyone anything to hold. The going rate is $65
     
    #53     Aug 2, 2023
  4. I started this thread, and by now I have covered everything. So just to say thanks to everybody
     
    #54     Aug 2, 2023
    TheMordy, qwerty11 and Elite09 like this.
  5. Not sure where you take the going rate from.

    I made a deal with 6 people in total to cover all my shares, and not even once I paid as high as 65.

    There is an incentive on both sides, long and short, to do the deal

    Any longs who don’t do a deal to get out, will end up with $10/share after the company redeems them based on NAV value

    For shorts, it is more of a bet on how long will it take for the company to delist and redeem. The price you pay is effectively a bet on how long it might take
     
    Last edited: Aug 2, 2023
    #55     Aug 2, 2023
    qwerty11 likes this.
  6. Elite09

    Elite09

    I don’t know anyone who sold for less than $55. No one sold in the $30s. The $55 was two weeks ago, now there are still a lot of shorts looking and having a hard time filling so it’s gone up.
     
    Last edited: Aug 2, 2023
    #56     Aug 2, 2023
  7. I can confirm indeed, I never paid as low as 30.

    but also not as high as 65
     
    #57     Aug 2, 2023
    qwerty11 likes this.
  8. Mgtrad

    Mgtrad

    I have 200 shares if interested
     
    #58     Aug 2, 2023
    flatbed likes this.
  9. flatbed

    flatbed

    Hey, I just sent you a message. Let me know if you are interested?
     
    #59     Aug 3, 2023
  10. flatbed

    flatbed

    Hi, just sent you a private message. Let me know. Thanks!
     
    #60     Aug 3, 2023