Trelawney Mining and Exploration Inc TWNNF

The Arbitrage Trade...

[digger144]

For a better understanding of what more than likely took place in Friday's trading, click on the following:

https://beginnersinvest.about.com/od/investstrategiesstyles/a/070404.htm

Enjoy!

Digger144

P.S. Let us hope that the activity yesterday is a sign of good things to come!

[digger144]

As you can clearly see there is no room for a profit....the arbitrage trade is only a couple of pennies. How do you think they are going to make a profit? You are absolutely right! A higher offer! Love it! Digger144 P.S.  Have a wonderful weekend....I know I will!

[Joseph_K]

Hey, if you are looking for a good Arbitrage Trade, check out UMJ. They've been taken over by NKL, the deal closes in about 6 weeks, and UMJ is still trading at about a 10% discount to the 25 to 1 takeover ratio. They've maintained this ratio since the offer was made, but with the deal closing in June, the discount should be disappearing any day now. PLUS I came across this post comparing

[DubaiUAE]

Mr Digger ....there is clealy no downside to TRR, now. If you believe there will be a higher offer (and no one can deny the possibility) then the logical action would be to buy more ..... lots and lots more (at $3.28 or $3.29)!!!  There is zero (0) risk here; the worse case senarios is you make 1 or 2 pennies a share!  Those are pretty good odds! DubaUAE