Re: OATS -- worth a gamble? (arbitrage bet)
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The only way I can see shorting WFMI working is if you were sure they would drop more than OATS if the deal is blocked, and go up less than OATS if the deal is approved, which does seem reasonable to me, which means you could lock in a profit either way. The part i'm not sure on is the which stock would get hit worse if the deal is blocked.
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Seriously, can you just wait a little longer before you post and read these things out loud?
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