What we were told in the SPX webinars, page-69

  1. 1,337 Posts.
    lightbulb Created with Sketch. 332
    Problem is, the market doesn't believe him.
    Take the SPXO listing at lunch time today:

    Now, suppose the goat was to resurrect these things from the dead in the next 6 weeks, and we define in-the-money as only break-even - that is 2.5 cents.
    In the first 3 rows of offers at lunch time today, there was the "opportunity" to outlay $110k, for a return of $1.25m in 6 weeks. Yes, better than a 10-bagger in 6 weeks, or 10,000% annualised.:

    https://hotcopper.com.au/data/attachments/5372/5372529-c2da648bf37ffd03a36d5e63ce790e2e.jpg

    Taking away the fact that there were 0 (zero) bids for this "opportunity" at the time, at the end of the day there were only 5 trades went through worth a total of $1250 - an average of $250 each.
    This should be money for jam - the easiest $mill anybody ever made with nobody bidding against you.

    Now, I assume the 5 trades that were executed were you, PRD, CJTJ, Fiendy and Lizzy...... all with appropriately sized wagers.
    However, nobody else in the world believes him. Not even his big-time potential investors, otherwise they would have been all over this like a rash.
    There was no competition in the bid, and still nobody dared, not even the most avid faithers.
    Half the country bought a Powerball ticket today, but still wouldn't touch SPXO.
    This is very telling, and indicates the kind of credibility the guy has remaining IMHO.
    Last edited by wrcmad: 22/06/23
 
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