Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: rogermci® who wrote (100)	12/2/1998 8:41:00 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 122087

About ubid and mall shorting, there was lots of discussions recently on the MALL thread. On the short side, look for msgs from Tom Hua - is the most nimble one. The succus is, that before the uBid ipo almost noone wanted to touch it from short side. But the longer it takes to bring out ubid and the market cooled a little, the overwhelming sentiment declined notably. The uBid/Mall formula is: *P(MALL) = 0.72 P(uBid) * (1 - D) + C** where C is the market value of the MALL residual, estimated at 11, which is on the high side of an 8-12 band. Inverting the fomula and plugging in values yields for uBid today: (41-11)/.72 ~ $41.5, without discount, D. If D was 15%, the uBid price to "support" the Mall price was $48.5. For a table see:https://www.siliconinvestor.com/readmsg.aspx?msgid=6604262, thanks to Tom. My personal view is that MALL will begin to trade along ubid with a discount of up to 25% of the ubid part value as for hedging and IPO boxing reasons. Problem is the tiny float in ubid - 1.58M shares. Just a tip, good trading C.