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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (25512)12/15/2006 12:54:05 PM
From: MCsweet  Read Replies (1) of 78666
 
XAN,

I would do this little arbitrage, although I was only able to buy 80 shares and didn't feel it worth the commission to buy 19 more shares.

I don't that I would post it on the message board. Probably not a big deal, but the more who sign up, the greater the probability the company changes the terms.

For example, I was doing this odd lot thing for a tender offer, and the news showed up on Dow Jones. Everybody bought odd lots and the company cancelled the odd lot provision.

MC
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