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Strategies & Market Trends : Arbitrage Plays
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To: Wallace Rivers who wrote (362)6/11/2003 11:51:46 AM
From: Paul Senior  Read Replies (2) of 376
 
I'm perplexed about NSI. We have got to be close to closing the deal (I am assuming), yet the stock bounces up and down. It's almost a week since your post, and the stock is now again bid @ 9.90, same price as then.

I sold my position yesterday near highs. It's just not worth it to me to continue holding out for a few pennies more & the saving of a commission. Especially when the closing and the stock behavior seem so different from what I'm used to seeing.

Paul Senior
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