bear is a loser... trend showing 36-40 next stop... strong support at 27 as shown by ipo price... violated that for 2 short days and it quickly ramped back up to 30 bucks... you really don't want to short now!
You puzzle me, man. When I last added to my long SPWRB/short SPWRA, Sunpower A was trading at about 1.55-1.60x Sunpower B. The ratio is now 1.27x.
This trade is finally getting good for me, and, as I said before on this very board, it is only 6% of my Fund.
Go look up my performance YTD before you spout off; then go shut up, because you won't have anything to talk about.
my only position in this has been long SPWRB/short SPWRA, which has not been a winner for me. I added to it recently when the ratio got sillier, so I have it on now for about 6% of my fund. that's about as big as I can get in a trade like this where the irrationality of the market can take a position hard against you if it wants to.
I would suspect that as Dec. 31 approaches, some people are going to take their tax loss on spwra--the tax laws are very unclear as to whether selling A and buying B is a wash sale or not, but at any rate, even if you treated it as a wash sale, people could still sell their A, get into the B for cheaper, and reap the benefit of their capital loss when they eventually sold the B.
Would be very surprised to see a large discount of B to A at this time next year.
you talkin' to me zooper?
the only cardboard boxes here are for the presents I'm about to send out to thank my loyal investors who have been putting capital INTO my fund every single month, with ZERO redemptions.
if you'd like to delight in someone's misery, you got the wrong guy.
And what do we have as a consolation prize Bob? Well it looks like we have a weeks supply of cardboard boxes, because He's going to be sleeping on the strrets and it's getting a bit chilly.