... downward, so as to allow Old Boy's Network to buy in cheap.At least, I HOPE so!
DB1 peaked at $61.62 closing basis on 2/11/2011. Traded down to a recent low of $50.97 on 3/16/2011 and has bounced up to $54.47 recently. 61.62 * 0.47 * 1.3538 = $39.2150.97 * 0.47 * 1.3910 = $33.3254.47 * 0.47 * 1.4074 = $36.03Looks like NYX is simply following the agreed upon deal price based on the value of DB1 and the euro. These are called market forces.
Riiight.Got it.(nudge, nudge, wink, wink)
So what your saying is that people are selling the stock lower and losing money so that their friends can buy it cheaper and make money, right? I dont have friends like that, do you?
DBOEF.PK DB in USD!!!