View Single Post
  #4  
Old 08-08-2007, 01:09 AM
DesertCat DesertCat is offline
Senior Member
 
Join Date: Aug 2004
Location: Pwned by A-Rod
Posts: 4,236
Default Re: Earn 6% in the next 5 months (merger arbitrage)

I've taken a 50% loss in a merger arb before when the deal didn't happen. The selling company then filed for bankruptcy. Nice lesson for me.
Reply With Quote