RE: Share price dropping just before D day?The only issue of course, on the arbitrage, is that it may continue to swing one way or the other, even as prices rise and fall.
The real keeners have sold on the highs, bought on the dips, and I think the arb is less of an opportunity until the final moment, at least how I am looking at it.
The arb is nearly equal at this moment - $1.80 = $1.28
...and boy are those bids thin today... This is likely a decent opportunity for those who missed the boat to buy in IMO