newjo im not betting on either side. as long as tim does not go...

newjo im not betting on either side. as long as tim does not go higher than 50 c im winning.

let me share with u my plan, i have 10 000 of timpb at avrg of 24 c ($2 400) and i shorted 40 000 of tim at avrg of 9 cents.

let say tim goes up to 35 c at the end of september, i would lose (0.35-0.09) * 40 000, which is $10 400 on my shorts. however, when i convert each of my timpb into 4 tim shares i would get 400 000 tim shares at 35 c each as well which is $14 000. subtract it with my initial capital of $2 400, i still get $11 600. i still earn $1 200 from this deal.

and if tim goes down, if timpb get return of capital below $2, tim would get nothing. lets say worst case scenario in which timpb is not to receive anything when tim winds up. i lose $2 400 on my timpb. however, i profit 0.09 * 40 000, which $3 600 on my short. i still earn $1 200.

i win either way. questions?