Recent

% | $
Quotes you view appear here for quick access.

Cypress Semiconductor Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • floppy_6 floppy_6 Sep 22, 2008 6:59 PM Flag

    Stock price discrepency?

    Allow me trying to rationize it. Because there are lots of CY holders shorted SPWRA, because there are lots of CY holders waiting for distribution day to sell SPWRB, so SPWRA is under buying pressure and SPWRB will face selling pressure. Consequently on the first day it becomes available to sell, SPWRB will open at somewhere $75 providing SPWRA maintains today's closing price. Then CY WI will open at around $5.

    Make sense? I wish.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Yes, something like that is clearly going on - and had been predicted in the press. Witness: SPWR at $86.41 while SPWRV at $78.00.

      Applying the ratio, .2742 * $78 = $21.39. So CY is actually trading over $4! Have to say I was rather looking forward to being able to buy CY at $3. Probably won't get the chance!

      Regards,
      Simple Simon

 
CY
9.44-0.15(-1.56%)May 3 4:00 PMEDT