Quote:
Originally Posted by lamboguy
catch this one, its trading at a 75% premium now to the underlying equity and is supposed to have a NAV of under $400 right now the way i see it.
https://finance.yahoo.com/quote/GBTC?p=GBTC
i say buy gold and short this thing and you might have a great ride.
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You just catching on to this one, old news already.
PS There were all manner of stock market gurus telling folks to short this at 300, 400, 500. That working out REALLY well, huh.
PS at this point you cant short it and if you could you'd pay huge daily fees to do it. So its only theoretical, cant be done