http://www.earlytorise.com/2009/01/15/the-only-no-risk-way-to-ride-the-next-big-market-pop.html The Web's Most Popular Newsletter Thu, 19 Nov 2009 09:45:21 -0400 http://wordpress.org/?v=2.8.3 hourly 1 http://www.earlytorise.com/2009/01/15/the-only-no-risk-way-to-ride-the-next-big-market-pop.html/comment-page-1#comment-1736 Marjan Stojanovski Thu, 15 Jan 2009 21:16:06 +0000 http://www.earlytorise.com/?p=5218#comment-1736 Hi Andrew, I found your article on MITTS highly intriguing. It appears that it is not so easy to track them. And even if you locate them, often there isn't enough explanation what they represent (at least in my experience). I also found one of them (ticker DOWT on NASDAQ) maturing March 2, 2009 and priced $5.45? Isn't it supposed to be $10 at maturity, thus providing a risk-free gain of at least 45% in less then a month? Why does this anomaly exist in the first place? Hi Andrew,
I found your article on MITTS highly intriguing. It appears that it is not so easy to track them. And even if you locate them, often there isn’t enough explanation what they represent (at least in my experience).
I also found one of them (ticker DOWT on NASDAQ) maturing March 2, 2009 and priced $5.45? Isn’t it supposed to be $10 at maturity, thus providing a risk-free gain of at least 45% in less then a month? Why does this anomaly exist in the first place?

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