| The Original Profit-Taker |
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The ‘Game' in a nutshell Professor Smarba supplies ‘the team’. The stock market supplies the action. The experience empowers you. ___________________________________________________________________________ #1 'LIVE' Choice (July 2009) (First posted on Mon., July 6 2009. Based on closing prices of Thursday, July 2 2009.) Exide Technologies 4.194% of 2013 |
Total final profit is $30290 or 202% annualized profit..
__________________________________________________________________________
In a Nutshell
__________________________________________________________________________
2009 Orders Filled Profit (Loss)
__________________________________________________________________________
July 6
67 bonds at $449.00 each
2040 common shares sold short at $3.46
(Based on our game investment of $15,000 plus an additional conservative 50% margin of
$15,000)
_______________________________________________________________________
July 20
680 shares sold short at $4.04 $394.40
(Locked-in profit)
_______________________________________________________________________
July 23
680 shares sold short at $4.62 $788.80
(Locked-in profit)
_______________________________________________________________________-
August 3
680 shares sold short at $5.19 $1176.40
(Locked-in profit)
-----------------------------------------------------------------------------------------------------------------
TOTAL ANNUALIZED
'LOCKED-IN' PROFIT TO DATE: 202%
(Based on our game investment of $15,000 plus a conservative 50% margin of $15,000)
_________________________________________________________________________________
THE PROFIT-TAKER GAME PLAN:
Exide Tech
Common
Stock Price ($)
*5.19 Long-term Goal (Uptrend)
4.62 Sub Goal 2 (Uptrend)
4.04 Sub Goal 1 (Uptrend)
3.46 Initial Purchase Price
2.31 Sub Goal 1 (Downtrend)
1.15 Sub Goal 2 (Downtrend)
0 Long-term Goal (Downtrend)
*Underlined blue is price of last 'filled' trade.
Gamers! To verify current price, click here.
-------------------------------------------------------------------------------
Please Note Well:
In the beginning on July 6, 2009...
We bought 67 bonds. CALCULATION: $30,000 ($15,000 of which is margin)divided by
$449.00 (price of a convertible bond) = 67 bonds.
Total investment = $30083.00
We start our plan as a half-hedge. That is, we sell short half the shares represented by our
67 bonds which equals a total of 2040 shares sold short.
CALCULATION: 67 bonds x 60.79 shares per bond = 4080 shares. So a half-hedge is ½ of
4080 or 2040 shares sold short.
Always sell short 680 shares on each move to an upside sub goal. That is, 2040 shares sold
short, divided by the 3 upside sub goals = 680.
Always cover ('buy in') 680 shares on each move to a downside goal. That is, 2040 shares
sold short divided by the 3 downside sub goals = 680.
__________________________________________________________________________
CONVERTIBLE BOND FACTS:
Exide Tech 4.194% of 2013
CONVERTIBLE PRICE : 44.90% or $449.00
NUMBER OF SHARES: 60.90 per bond
CONVERSION VALUE : 21.07% or $210.70
PREMIUM : 113%
TERM CHANGE: Interest is a quarterly floating flat rate
MATURITY: September 18, 2013
EXCHANGE: NASDAQ
CURRENT YIELD: 0 %
YIELD TO MATURITY : 19.9%
ISSUE SIZE: $ 60 MILLION
CALL PRICE: 100.00% on maturity date
__________________________________________________________________________
UNDERLYING COMMON STOCK FACTS:
Exide Tech 4.194 of 2013
PRICE: $3.46
HI (52 WEEKS): $16.22
LO (52 WEEKS): $1.83
VOLATILITY (%) (52 WEEKS): 416%
HI (LAST 3 MONTHS): $6.75
LO (LAST 3 MONTHS): $3.06
VOLATILITY (%) (LAST 3 MONTHS): 107%
HI (PREVIOUS 10 DAYS): $3.74
LO (PREVIOUS 10 DAYS): $3.06
VOLATILITY (%) (PREVIOUS 10 DAYS): 19.65%
EXCHANGE: NASDAQ
MARKET CAPITAL: 258.12 million
DIVIDEND: NIL
SYMBOL: XIDE
__________________________________________________________________________
__________________________________________________________________________
In a Nutshell
__________________________________________________________________________
2009 Orders Filled Profit (Loss)
__________________________________________________________________________
July 6
67 bonds at $449.00 each
2040 common shares sold short at $3.46
(Based on our game investment of $15,000 plus an additional conservative 50% margin of
$15,000)
_______________________________________________________________________
July 20
680 shares sold short at $4.04 $394.40
(Locked-in profit)
_______________________________________________________________________
July 23
680 shares sold short at $4.62 $788.80
(Locked-in profit)
_______________________________________________________________________-
August 3
680 shares sold short at $5.19 $1176.40
(Locked-in profit)
-----------------------------------------------------------------------------------------------------------------
TOTAL ANNUALIZED
'LOCKED-IN' PROFIT TO DATE: 202%
(Based on our game investment of $15,000 plus a conservative 50% margin of $15,000)
_________________________________________________________________________________
THE PROFIT-TAKER GAME PLAN:
Exide Tech
Common
Stock Price ($)
*5.19 Long-term Goal (Uptrend)
4.62 Sub Goal 2 (Uptrend)
4.04 Sub Goal 1 (Uptrend)
3.46 Initial Purchase Price
2.31 Sub Goal 1 (Downtrend)
1.15 Sub Goal 2 (Downtrend)
0 Long-term Goal (Downtrend)
*Underlined blue is price of last 'filled' trade.
Gamers! To verify current price, click here.
-------------------------------------------------------------------------------
Please Note Well:
In the beginning on July 6, 2009...
We bought 67 bonds. CALCULATION: $30,000 ($15,000 of which is margin)divided by
$449.00 (price of a convertible bond) = 67 bonds.
Total investment = $30083.00
We start our plan as a half-hedge. That is, we sell short half the shares represented by our
67 bonds which equals a total of 2040 shares sold short.
CALCULATION: 67 bonds x 60.79 shares per bond = 4080 shares. So a half-hedge is ½ of
4080 or 2040 shares sold short.
Always sell short 680 shares on each move to an upside sub goal. That is, 2040 shares sold
short, divided by the 3 upside sub goals = 680.
Always cover ('buy in') 680 shares on each move to a downside goal. That is, 2040 shares
sold short divided by the 3 downside sub goals = 680.
__________________________________________________________________________
CONVERTIBLE BOND FACTS:
Exide Tech 4.194% of 2013
CONVERTIBLE PRICE : 44.90% or $449.00
NUMBER OF SHARES: 60.90 per bond
CONVERSION VALUE : 21.07% or $210.70
PREMIUM : 113%
TERM CHANGE: Interest is a quarterly floating flat rate
MATURITY: September 18, 2013
EXCHANGE: NASDAQ
CURRENT YIELD: 0 %
YIELD TO MATURITY : 19.9%
ISSUE SIZE: $ 60 MILLION
CALL PRICE: 100.00% on maturity date
__________________________________________________________________________
UNDERLYING COMMON STOCK FACTS:
Exide Tech 4.194 of 2013
PRICE: $3.46
HI (52 WEEKS): $16.22
LO (52 WEEKS): $1.83
VOLATILITY (%) (52 WEEKS): 416%
HI (LAST 3 MONTHS): $6.75
LO (LAST 3 MONTHS): $3.06
VOLATILITY (%) (LAST 3 MONTHS): 107%
HI (PREVIOUS 10 DAYS): $3.74
LO (PREVIOUS 10 DAYS): $3.06
VOLATILITY (%) (PREVIOUS 10 DAYS): 19.65%
EXCHANGE: NASDAQ
MARKET CAPITAL: 258.12 million
DIVIDEND: NIL
SYMBOL: XIDE
__________________________________________________________________________
|
Exide has fiscal 2009 net sales of approximately $3.3 billion.
Exide Technologies was founded in 1888 and is headquartered in Alpharetta, Georgia.
5
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utilizing this intellectual property/concept as their own will constitute an infringement of this
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damages therefrom awarded by the appropriate court in breach of this copyright.
DISCLAIMER
This game or website is not an endorsement of any security.
Information contained in this Website and attachments is of a general nature only and is not
intended to constitute advice for any specific situation. The terms of referral bonuses may vary
and are only applicable in the states and provinces for which they are approved. Advice from a
suitably qualified professional should always be sought in relation to any particular matter or
circumstance.
utilizing this intellectual property/concept as their own will constitute an infringement of this
copyright.
All rights are reserved to take any action available to recoup all resulting financial proceeds and
damages therefrom awarded by the appropriate court in breach of this copyright.
DISCLAIMER
This game or website is not an endorsement of any security.
Information contained in this Website and attachments is of a general nature only and is not
intended to constitute advice for any specific situation. The terms of referral bonuses may vary
and are only applicable in the states and provinces for which they are approved. Advice from a
suitably qualified professional should always be sought in relation to any particular matter or
circumstance.
