Jul. 1 at 1:26 PM
$QXO,
$BLD: PSA on
$BLD CTB to short rates if your brokerage is even allowing you to trade it. If you must bet against either of these companies today, please check the latest CTB APRs. For example, the attached is one brokerage's warning of a 999 percent borrow rate and estimated daily fee of 1,165,50 on
$BLD today. (It was a 35 percent a few days ago.) BLD is no longer tradeable at
Disclaimer: Not short as I am too cheap (but not easy :)) to pay interest rates/fees on my own money and would probably poke my eye out--AKA blow out my accounts/impoverish myself if I tried. :) I own/owned
$BLD shares and will be getting the
$24,971 cash payment and 1021
$QXO shares for every 100
$BLD shares I own/owned. Maybe I'll even get a
$QXO shirt to match @Big_Cigar_Puffer though I may hold out for the inevitable
$SPY inclusion and whatever shirt
$QXO gets with that.
Hope ALL that saves someone a few pennies or some grief today if anyone even read this far. As always, GLTA.
