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Silverstar Holdings Ltd - Commo Message Board

  • weedbgone2 weedbgone2 Jan 31, 2000 10:40 PM Flag

    January 28, 2000

    LEISURE PLANET HOLDINGS LIMITED file for common
    stock offer.

    .....720,000 shares are issuable
    upon exercise of another warrant issue to one of our
    co-branding partners in June 1999....

    And that partner
    is Infospace.

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    • Well lets try a few numbers.

      say you
      shorted lphl at $10 and you shorted 5,000 shares,


      $10x 5,000 = $50,000 cost

      Lets say lphl hits
      $6

      $6x 5,000 = $30,000 to cover

      Which means
      you made $20,000 with lphl just going lower
      $4.

      Not a bad deal actually.

      Lets say you
      short lphl at $10 for 5,000

      10.00 x 5,000 =
      $50,000 cost

      Say you cover at $4

      $4x
      5,000 = $20,000 to cover

      Thats a $30,000
      profit

      Say you cover at 2.00

      $40,000
      profit

      Say you cover at .50

      $47,500
      profit

      Shorting lphl looks to be the way to go because
      so far the management really is a bunch of lame
      worthless over paid non internet group i have ever seen and
      my bet is earnings will really stink because of the
      declining sales and the stock should really start falling
      soon.

      Just my opinion of course.

      • 2 Replies to lphole_trader
      • Well lets try a few numbers.

        say you shorted lphl at $10 and you shorted 5,000 shares,

        $10x 5,000 = $50,000 cost

      • say you shorted lphl at $10 and you shorted 5,000
        shares,

        $10x 5,000 = $50,000 cost

        Let's say lphl
        hits 16 (it already did)

        $6x 5,000 = $30,000
        you are in debt

        say you wait for it to go
        down, but instead it keeps going up. Let's say it
        performs like it did last year and ends up at
        $30.

        Oops... now your down $100,000. big ones.

        Say you
        call your friends kodels and lphole to bale you out,
        but they are in the same HOLE. Or maybe they are not,
        because they never really shorted LPHL to begin with,
        they just like to talk big.

        Remember, when you
        short, your losses are unlimited. Remember CNN is now
        part of AOL. Wait til AOL ties this in with their
        travel services and WOW!!! this thing shoots to
        $100.

        Now you are out a cool half million. WDR didn't buy
        in at $14.50 to let this stock drop back to 6 or
        even 8.

        So go ahead follow lphole's advice...
        you could pocket a cool ten thousand... or lose a
        half a million.

        GO FOR IT!!!