SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: lindend who wrote (2907)8/18/1999 3:03:00 PM
From: RockyBalboa  Respond to of 19428
 
No, the lock up expiry does prevent the stock from collapsing, a cynic would say (because a buy reco has been issued).



To: lindend who wrote (2907)8/18/1999 3:37:00 PM
From: Q.  Read Replies (1) | Respond to of 19428
 
I made a pair arbitrage today, shorting VIGN and going long an equal dollar amount of AMZN. I did this to play the lock-up expiry while removing some of the sector risk.

I chose AMZN for the long side because I wanted something that was very liquid and with good correlation with VIGN. AMZN doesn't have perfect correlation with VIGN, but it is better than YHOO: tscn.com



To: lindend who wrote (2907)8/18/1999 6:36:00 PM
From: Wes Stevens  Read Replies (1) | Respond to of 19428
 
Linden,

The answer is no, not legally. B of A sure helped to hold up vign today. They made the original rec when the first shares unlocked last month. The shares are still unlocked and the venture funds will not wait for ever.