GREY:BLIAF - Post by User
Comment by
canucktravellerson Oct 31, 2014 4:17pm
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Post# 23083545
RE:Any idea why BA is still being traded today ?
RE:Any idea why BA is still being traded today ?They are trading off the BCE conversion price. i.e. BCE X .6371 $50.17 X .6371=$31.96 Buy at $31.69 and make $.27 on each share. It's called Arbitrage In economics and finance, arbitrage is the practice of taking advantage of a price difference between two or more markets: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the market prices.