RE:RE:RE:RE:RE:Information Circular UpdateHamSandwich wrote: Got mine and voted YES as well. (debs).
Anyone who is voting NO is a muppet
sold the Debs today at 67. Check my posts, was in on the Debs at 33. Doubled up and made wcw bend the knee along the way.
Reason for selling: Taking a 1 month extension doesn't give me the warm & fuzzies. I don't have any info one way or the other but taking a step back I decided to cash in and leave about 20% on the table and go over to BNK to chase the 10%.
Yes I'm selling out to chase a smaller arb but the big thing to me is that with BNK if the deal dies the stock will fall from $2 down to $1 at worst (pre sale price), but more likely around $1.15 since most of its peers are up 10-20% since March 19th when the deal was announced.
Conversely if the LRE deal dies the Debs sure as hell aren't settling in around 35, they're going below 20.
Roughly the same timeframe for both deals to close.