GREY:WFREF - Post by User
Comment by
HamSandwichon Feb 19, 2016 8:42pm
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Post# 24577085
RE:RISK / REWARD
RE:RISK / REWARD
Anyone that asks why it's not trading at 50 or 51 (ie. reflect) is a fng muppet.
That's a 2-4% arb. Hell even when two AAA rated credits have a buyout it's not always going to be within 2% 3 months out.
We're talking about a Chinese buyer and a broken penny stock. There's a reason why the arb is so high.
If you think this should be trading at 50-51 pre-vote as a way to make some point about the fact that it's not means this deal isn't happening, well sorry you're just dumb dumb dumb.