4 ms·
GP implies that EFX was purchased sometime after the fall and before the present day, which would have yielded an apparent profit.
by ISL 9y ago
GP implies that EFX was purchased sometime after the fall and before the present day, which would have yielded an apparent profit.
- mikeash 9y agoRight, but they also said that they've already been punished by the hit to their stock price, which doesn't look like it's the case at all.
- mikestew 9y agoWe're deep enough in that I don't know who the parent of who anymore, but to be clear I bought in-the-money calls at around $93 (the hit to their stock price), and sold the contracts when it hit around $111 (seemed to have leveled off). But you're probably not talking about me, as I'm the one pissed off that those calls made money, not thinking they've been punished. It should have hit $93 and stayed there.
- mikeash 9y agoHeh! To clarify, my bit about the stock price being the same as a year ago is in reference to cloakandswagger stating "Equifax should receive some punitive action (arguably already delivered by the hit to their stock price and the public floggings from the congressional hearings)."